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Posts in Real Estate and Land Use.
New Jersey Passes Public-Private Partnership Regulations

On Monday, April 20, 2020, New Jersey at long last finalized and passed the regulations needed to implement the Public-Private Partnership (P3) statutes passed nearly two years ago. The rules follow the anticipated chronological steps that will be undertaken through the life cycle of a P3 ...

New Jersey Municipal and State-Issued Liquor License Terms Extended to September 30, 2020

As a result of the business disruption caused by the COVID-19 pandemic, there are new important updates regarding New Jersey liquor license law.  

All municipally-issued liquor licenses for the 2019-2020 license term expire on June 30, 2020, unless renewed by the municipal issuing ...

UPDATE: COVID-19 Pandemic to Impact New Jersey Foreclosures and Evictions
UPDATE:  In addition to the eviction and foreclosure moratorium executive order, major lending institutions have agreed to implement a 90-day grace period that will allow borrowers to reduce or delay their monthly mortgage payments.  This includes providing a streamlined process for ...
NJ Liquor License Laws Modified in Light of COVID-19

A temporary relaxation of New Jersey’s liquor license laws may offer some of the state’s restaurants a bit of good news while they face restrictions imposed as a result of the novel coronavirus.  As part of the measures taken by Gov. Murphy to prepare for and respond to COVID-19, all ...

Municipalities and Developers May Soon Obtain Relief Under New Jersey's Open Public Meetings Act

In light of recent developments concerning COVID-19, New Jersey municipalities have halted public in-person meetings, including local planning board, zoning board of adjustment, and redevelopment agency hearings. While these drastic measures are necessary to ensure the health and ...

Zoning into New Business Opportunities: IRS Offers New Guidance on Opportunity Zones

On April 17, 2019, the Internal Revenue Service (IRS) released a new set of highly anticipated proposed regulations for Opportunity Zones. The newly released set of proposed regulations provides additional guidance and addresses issues that were brought to the attention of the IRS after ...

IRS Issues Regulations on Opportunity Funds

This afternoon, the Internal Revenue Service issued long-awaited regulations for Investing in Opportunity Funds under Section 1400-Z of the Internal Revenue Code.

In addition, the Internal Revenue Service issued a Revenue Ruling providing guidance for taxpayers participating in ...

Supreme Court Clarifies Applications Protected by the Time of Application Rule

On June 20, 2018, the Supreme Court of New Jersey issued its decision in Dunbar Homes, Inc. v. Zoning Board of Adjustment of the Township of Franklin, addressing whether an incomplete site plan application triggered the Municipal Land Use Law’s (MLUL) Time of Application Rule (TOA). The ...

UPDATED: Opportunity Zones Offer Tax Incentives for Investment in Low-Income Communities

UPDATE to the original post below:

On March 22, 2018, Governor Murphy announced his nominations for the Opportunity Zone program. In total, seventy five municipalities contain nominated tracts. The list is geographically diverse, with at least one municipality from each county in the ...

Municipal Land Use Law Amendments Reform Performance and Maintenance Guarantees

As one of his last acts in office, Governor Chris Christie signed into law Assembly Bill 1425/Senate Bill 3233, which reforms the performance and maintenance guarantee provisions of the Municipal Land Use Law (MLUL). The new law brings significant changes that will affect developers ...

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