HomePoliticsRice honored with redevelopment authority award in his name

Rice honored with redevelopment authority award in his name

To mark the 20th year of its existence, the New Jersey Redevelopment Authority working in conjunction with the Urban Mayors Association wanted to establish an award to honor advocates providing for underserved populations and those who push for greater transformation of urban areas.

The first winner was so influential, the group decided to name the honor after him.

On Thursday at The Heldrich in New Brunswick, state Sen. Ronald L. Rice (D-Newark) was honored with the first Ronald L. Rice Leadership Award at the New Jersey Urban Redevelopment Awards event. NJRA provided pre-development financing for The Heldrich.

Leslie Anderson, executive director of NJRA, said the selection was obvious.

“He has consistently remained in our corner to support our efforts to ensure that we can remain effective and impactful,” she said.

Rice was one of the initial sponsors of the bill that created the NJRA in 1996, and, in his role in the Legislature, he has ensured that people are aware of the difference between economic redevelopment and development, as well as questioned incentives and their effects on urban zones.

“He’s the advocate in the Legislature that will stand up and say: ‘How will this economic incentive benefit urban communities? How is this bill going to create better opportunities for children that live in cities? How are we going to ensure that people who need it get access to affordable housing?’” Anderson said.

“That’s really been his advocacy and his role. And, quite frankly, you need that in the Legislature because, sometimes, when we look at a bill, we see words, but Sen. Rice always sees people.”

Rice said he was elated, honored and surprised.

“I don’t know why I’m deserving, but I accept it on behalf of the agency. I should be honoring the agency,” he told ROI-NJ, adding that the honor also belongs to those who supported the initiative to begin the NJRA.

The bipartisan bill that formed the agency was crafted after other legislators on the urban affairs committee under Gov. Christie Whitman realized a need.

“We recognized the (Economic Development Authority) and other agencies just weren’t paying enough attention to other communities, small and large, urban, etc., as it relates to the needs of struggling people and minorities,” Rice said. “So, the agency became a very important piece.”

And it wasn’t an easy role, Rice said. At one point, the government tried to shut down the agency and reroute the funding to the EDA.

“A lot of people in the state government, to be quite frank — and I’ve been there 31 years — are in their own silos and isolated kingdoms, and they are commissioners and have all these different jobs,” he said. “They really are there to collect a check and do what the government tells them to do and rubber stamp — and they are not really doing much for people and where these people are.”

One of the biggest challenges is ensuring those in state government understand the difference between redevelopment and development, Anderson said.

“Redevelopment primes the pump for making the land ready, so you can have economic development. Without that in urban communities, we don’t get economic development,” she said.

That is because many of the abandoned sites are environmental hazards, and require a lot of cleanup in order to move forward with any development.

“The challenge becomes, how do you turn these compromised sites around so that they become viable, but at the same time, you don’t continue to hurt the environment,” Anderson said.

And the agency now stands 20 years strong.

“This 20-year milestone demonstrates the state’s commitments to our cities, and that it’s a comprehensive approach to improving the quality of life in our cities and using financing to be impactful in cities, so that, across the board, no matter where you live, you will have the access to the same resources,” Anderson said.

“That is critical for folks to understand who we are and what we do.”

Related Articles

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

Saddleback Real Estate Developers announces almost 100,000 square feet of industrial leasing in Northern New Jersey

Saddleback Real Estate Developers, a New Jersey-based owner and developer specializing in industrial real estate, announced a series of leasing transactions totaling 96,535 square...

Cushman & Wakefield arranges $136M refinancing for Modera Lofts in Jersey City

Cushman & Wakefield said it has arranged $136 million in refinancing for Modera Lofts, a 366-unit multifamily property in downtown Jersey City, in a...

NJ Transit to host Industry Day for real estate opportunities

NJ Transit announced that it will host Industry Day, an open house networking event on April 21, for real estate developers, commercial real estate...

Farias named executive director and CEO of NJ Redevelopment Authority, succeeding Anderson

The New Jersey Redevelopment Authority (NJRA) board voted on March 16 to appoint Rose Farias as NJRA executive director and chief executive officer, effective...

CBRE arranges sale of Eastpoint at Exit 8A in Monroe Township

CBRE announced that it has arranged the sale of Eastpoint at Exit 8A, a 450,330-square-foot industrial facility centrally located between New York City, Philadelphia...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...

ROI-NJ: Women of Inspiration – Dina Opici, president, Opici Family Distributing

A family tradition When Dina Opici enters the building and heads for her office at Opici Wines & Spirits in Glen Rock, New Jersey, she represents the fourth generation of the...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care...

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...