Recently passed legislation on Governor Murphy’s desk for enactment would require all new leases and lease renewals in New Jersey – both commercial and residential – to include specific disclosures regarding potential and past flooding. Similar disclosures would also be
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Sills Cummis & Gross P.C. is a regional law firm based in New Jersey that provides legal services across multiple practice areas. The firm frequently publishes content related to real estate development, environmental law, state and local incentives, land use, and economic development. Their publications often address regulatory changes, redevelopment challenges, tax credit incentives, and litigation matters affecting businesses and municipalities. The firm also covers topics such as transit-oriented development, brownfield redevelopment, and community benefits in urban planning. Sills Cummis & Gross serves clients involved in commercial real estate, environmental remediation, and public policy, offering insights into legal and regulatory frameworks impacting these sectors.
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Bill on Governor Murphy’s Desk Would Impose New Flood Disclosure Notice Requirement on All Commercial & Residential Leases and Sales of Property
Recently passed legislation on Governor Murphy’s desk for enactment would require all new leases and lease renewals in New Jersey – both commercial and residential – to include specific disclosures regarding potential and past flooding. Similar disclosures would also be…
Governor Signs Elections Transparency Act
Governor Murphy this week signed the Elections Transparency Act, expanding reporting requirements for recipients of political contributions – thus the name of the new law. But the Act does more than expand reporting requirements. It weakens pay-to-play restrictions and increases…
Murphy Administration Releases Additional Details of Proposal to Modernize NJ Liquor Licensing Laws
Gov. Murphy held a roundtable discussion today with restaurant owners and other stakeholders to discuss details of his administration’s legislative proposal to increase the availability of Plenary Retail Consumption Licenses gradually over five years.…
Three Business Days to Perform or Else: New Law Allows Owners to Utilize Private Construction Inspectors When Agencies Fail to Act
Real estate owners and developers will finally have recourse when construction inspections are not timely performed. Governor Phil Murphy has just signed into law Senate Bill 3014/ Assembly Bill A573, which provides for expedited construction inspections under the Uniform Construction…
Governor Murphy Provides Much Needed Work From Home Relief to Grow NJ, UTHTC, BEIP, & BRAGG Recipients
Today Governor Murphy signed into law A4929/S3379, which extends the COVID waiver allowing employees to work from home 100% of the time in 2022 and 90% of the time in 2023 for the Grow NJ program, UTHTC Program, BEIP, and…
DEP to Move Forward Towards Releasing a New “Inland Flood Protection Rule”
DEP Commissioner announced that the Department is moving forward with proposing rules relating to inland flood areas. Earlier this year, DEP had prepared to issue new flood area rules on an “Emergency” basis. The rule concepts put forward by DEP…
New Jersey Economic Development Authority Proposes Brownfields Redevelopment Incentive Program
On September 1, the New Jersey Economic Development Authority (EDA) announced its plan to institute a new financial incentive program called the “Brownfields Redevelopment Incentive (BRI) Program,” part of the New Jersey Economic Recovery Act, to spur brownfield redevelopment in…
Breaking News: Carried Interest Changes Dropped from Tax, Climate Bill
Late last night, Senator Charles Schumer (D-NY) announced that proposed changes to the tax treatment of carried interest, strongly opposed by the commercial real estate industry, would be removed from the Inflation Reduction Act. This is the latest in a…
Update: DEP to Delay Publication of “Emergency Rule” on Flood Hazard and Stormwater Regulations
Sources in Trenton report that the Department of Environmental Protection (DEP) will announce on Monday a delay in publishing the “emergency rule” that was the subject of our June 3 Alert. After feedback from a number of impacted stakeholders,…