Peter Chacanias, counsel in Flaster Greenberg’s Real Estate and Land Use Group, recently participated in NJBIZ’s Construction & Development Panel, where industry leaders examined the mounting challenges shaping New Jersey’s building landscape. The discussion highlighted rising costs, labor shortages, regulatory hurdles, and aging infrastructure as key constraints on development across the state.
Chacanias was also featured in NJBIZ’s coverage, emphasizing the complexities surrounding infrastructure readiness. As he noted, “Even in spots where the infrastructure exists, it’s incredibly dated in a lot of places in New Jersey,” raising critical questions about whether existing systems can support modern demands such as data centers and advanced industrial uses. His insights underscore the pressing need for strategic investment and modernization to sustain growth in New Jersey’s construction sector.
