News & Analysis as of

Real Estate Development New Jersey

Cozen O'Connor

New York Note: Metropolitan Park and NJ Transit Strike Ends

Cozen O'Connor on

NYS Passes Bill for Metropolitan Park Casino Project- Last week, New York State Assemblymembers approved legislation that would allow for the construction of an $8B entertainment and casino complex on 50 acres of Citi...more

Bressler, Amery & Ross, P.C.

Enforceability of Arbitration Clauses in NJ Developer Purchase Agreements

When disputes arise between developers and purchasers, it is important to ensure that the developer’s preferred forum of dispute resolution is enforceable in the purchase contract. In particular, arbitration clauses, which...more

Rothwell, Figg, Ernst & Manbeck, P.C.

Fedtrade® Podcast – Bill Noonan, Choose New Jersey – SelectUSA Spotlight

The Fedtrade® podcast recently interviewed Bill Noonan, Chief Business Development Officer of Choose New Jersey, as part of our SelectUSA Investment Summit Spotlight series. Choose New Jersey is the state’s leading non-profit...more

Fox Rothschild LLP

Affordable Housing Clock Ticks Toward June 2025 Deadline in New Jersey’s Fourth Round

Fox Rothschild LLP on

The latest round of affordable housing development in New Jersey is well underway, with a key deadline for municipalities and developers fast approaching on June 30, 2025. This fourth round — spanning 2025 to 2035 — is...more

Offit Kurman

Will 2025 Bring Greater Equity Investment and Debt Financing in NJ? NJ Aspire 3.0 aspires to do just that.

Offit Kurman on

On January 23, 2025, Governor Phil Murphy enacted significant amendments to the New Jersey Aspire Program by signing Senate Bill 1323/Assembly Bill 2076 into law. The amendments, collectively referred to as “NJ Aspire 3.0”...more

Cole Schotz

Blogs | Environmental Coming This Summer! NJDEP’s New Climate Regulations Will Affect More Than The Jersey Shore

Cole Schotz on

The New Jersey commercial real estate industry is preparing for big statewide permitting changes slated to come into effect this summer. Under its controversial Resilient Environments and Landscapes (“REAL”) Rule, aimed to...more

Fox Rothschild LLP

New Jersey Establishes Affordable Housing Calculation Methodology, Allocates Need

Fox Rothschild LLP on

The New Jersey Department of Community Affairs recently established the calculation methodology and allocation of prospective affordable housing need for all 564 municipalities in the state. The “Affordable Housing...more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Releases Fourth Round Affordable Housing Calculations; Identifies Present and Future Need for 150,000 New Units...

As required by legislation adopted earlier this year, which formally abolished the Council on Affordable Housing (COAH), the New Jersey Department of Community Affairs (DCA) has released its highly anticipated calculations of...more

Flaster Greenberg PC

What You Need to Know About Your New Jersey Municipality’s Zoning & Land Use Laws

Flaster Greenberg PC on

Before starting a real estate or land development project at your South Jersey home or business location, it is essential to understand the basics of municipality land use laws. In New Jersey, every municipality is...more

Mandelbaum Barrett PC

New Jersey Introduces Accelerated Depreciation for Affordable Housing

Mandelbaum Barrett PC on

In a bid to incentivize the development of affordable housing, New Jersey has implemented a significant policy change. Effective from the tax year beginning on January 1, 2025, the state now offers accelerated depreciation...more

Fox Rothschild LLP

New Jersey Passes Affordable Housing Law

Fox Rothschild LLP on

New Jersey is ushering in a new era of state affordable housing guidelines. The New Jersey Assembly and Senate recently passed affordable housing legislation and Gov. Phil Murphy has signed it into law. For New Jersey...more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Enacts Landmark Legislation to Overhaul Affordable Housing Laws

On March 20, 2024, New Jersey enacted legislation which substantially revises the Fair Housing Act governing housing for low-income and moderate-income families in New Jersey. The new law is intended to streamline compliance...more

Fox Rothschild LLP

New Jersey Legislature Passes Affordable Housing Bill

Fox Rothschild LLP on

The New Jersey Legislature passed affordable housing legislation today that will usher in a new era of state affordable housing guidelines. While A4 has passed in both the New Jersey Assembly and Senate, it still awaits the...more

Ballard Spahr LLP

New Jersey Enacts Groundbreaking Charter School Financing Law

Ballard Spahr LLP on

The state of New Jersey has enacted a groundbreaking law granting public charter schools and renaissance schools access to low-interest financing through the Public Charter and Renaissance School Facilities Loan Program. This...more

Greenbaum, Rowe, Smith & Davis LLP

NJ Appellate Division Reverses Certain Radburn Regulations Impacting Community Associations

On February 23, 2024, the Superior Court of New Jersey Appellate Division issued its opinion in a case involving regulations promulgated by the New Jersey Department of Community Affairs (DCA) – commonly referred to as the...more

Pillsbury - Gravel2Gavel Construction & Real...

New Jersey Strengthens the Structural Integrity of Its Residential Builds

In response to the June 2021 Champlain Towers collapse in Florida, New Jersey supplemented its State Uniform Construction Code Act by enacting legislation (effective January 8, 2024) to strengthen laws related to the...more

Greenbaum, Rowe, Smith & Davis LLP

An Overview of Amendments to the New Jersey Aspire Program

What You Need to Know- •The New Jersey Aspire Program has been amended to incentivize developers seeking to close project financing gap costs associated with commercial, mixed use, and residential real estate development...more

K&L Gates LLP

New Jersey Legislature Amends Statute of Limitations for Defect Claims Brought by Condominium and Homeowners' Associations

K&L Gates LLP on

Common interest communities in New Jersey likely have more time to assert construction and design defect claims under the New Jersey Legislature’s 2022 amendment to N.J.S.A. 2A:14-1. Condominium associations, cooperative...more

Jackson Lewis P.C.

New Jersey Residential Real Estate Developments May Receive COVID-19 Immunity

Jackson Lewis P.C. on

Residential real estate developments that reopen their amenities amid an improving public health picture would receive COVID-19-related immunity under legislation that is working its way through the New Jersey Legislature...more

Greenbaum, Rowe, Smith & Davis LLP

Beware of Dirty Dirt: New Jersey Enacts Stringent Licensing Requirements for Soil and Recycle Fill Providers; Providers of Soil...

Nearly a decade has passed since the New Jersey State Commission of Investigation (SCI) first reported on soil and fill providers circumventing New Jersey state laws restricting the use of recycled soil and fill materials. ...more

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