ROI Influencers: Real Estate 2020 (Power players)

Sid Brown
NFI touches the industry in a number of ways as a leading third-party logistics and trucking company. It owns a large amount of industrial space in the state.

Andrew Cuomo; Bill DeBlasio
Governor; Mayor
New York state; New York City
The way their policies are pushing companies out of New York City and into New Jersey make them as impactful and influential as anyone on the list.

Ray Lesniak
Special counsel
Office of the State Senate President
The longtime former state senator, who was behind many of the economic incentive bills in recent history, is now working with the Legislature and the Governor’s Office on the next one.

Donald Katz
He is a powerful influence in all things Newark — both out front and behind the scenes. His efforts are single-handedly having a great impact on development in the city.

Kris Kolluri
Cooper’s Ferry Partnership
Oversees the private, nonprofit corporation that has served as the planner, promoter and master developer for more than $600 million of private and public investment at the Camden waterfront.

George Norcross
Executive chairman
Conner Strong & Buckelew
Has been at odds with Gov. Phil Murphy’s administration for years, but he remains powerfully influential in all real estate projects involved in Camden and much of South Jersey. 

Cheryl Norton
New Jersey American Water
Water infrastructure issues are the hidden problem that holds up — or will hold up — real estate projects. Norton and N.J. American Water are on an ambitious campaign to replace miles of lines.

John O’Donnell
The Michaels Organization
Heads an organization aimed at making a difference in communities through affordable housing through multiple efforts: development, management, construction and finance.

Paul Profeta
Paul V. Profeta & Associates/Real Estate NJ
Earns a spot for a variety of touch points, including his role at the Rutgers Center for Real Estate, publisher of Real Estate NJ and at Profeta Farms, an example of next-generation food supply.

Dana Redd
Rowan/Rutgers Camden board of governors
The former Camden mayor is influential in a number of areas, including redeveloping the campus area at Rutgers-Camden. She also serves on board of Cooper’s Ferry.

Lata Reddy; Ommeed Sathe
Senior vice president; Vice president
Prudential Financial
Prudential has a large amount of real estate holdings in Newark, a city where it has been a major benefactor for decades. How they manage these properties will have great impact.

David Simon
Simon Property Group
He’s not a Jerseyan; he’s in Indiana. But Simon’s firm controls more malls in the state than any other. How the company pivots — and the potential real estate uses are many — will have great impact.

Data centers
Wall Street firms
These firms control the data centers on the Gold Coast that execute electronic trades. The trades Murphy wants to tax. The centers the state thinks won’t move. The ones that would deal a crushing blow if they did.

(Return to the main list here.)