As seen on: ROI-NJ.comBy: Tom Bergeron
Public outrage surfaced in Morris Plains and in other parts of the state Friday, when Honeywell announced it is moving its headquarters and 150-200 top employees to North Carolina, just a few years after
Corporate Real Estate Law
Focused on Commercial Real Estate Transactions Law
The Corporate Real Estate Law blog, published by Sills Cummis & Gross P.C., focuses on legal issues related to commercial and corporate real estate transactions and development. It covers topics such as urban and suburban redevelopment challenges, land use and zoning laws, public and private redevelopment incentives, tax credit programs for manufacturing and film industries, and regulatory changes affecting real estate projects. The blog also discusses state-level initiatives impacting real estate development, including legislation on vacant commercial properties and economic development incentives. It provides insights into the intersection of real estate law with economic policy, municipal governance, and industry-specific incentives in New Jersey.
Latest from Corporate Real Estate Law - Page 2
Incentive Program Enters Final Year, Drawing Concern from CRE Sector
As seen on: RE-NJ.comBy: Joshua Burd
With the Grow New Jersey program set to expire in less than a year, the prospect of losing the incentive is already weighing heavily on the state’s commercial real estate market.
The tax credit program…
New Jersey Announces Six New NRD/Cost Recovery Suits
Wednesday (August 1), New Jersey Attorney General Gurbir Grewal and Lt. Governor Sheila Oliver held a press conferences in Newark and Atlantic City announcing six new lawsuits filed by the State of New Jersey seeking Natural Resource Damages and cost recovery…
(Big) Opportunity Knocks: Why Sills Cummis’ Attorneys Feel Opportunity Zones Could Bring ‘Greatest Wealth Transfer in History of Country’
As seen on: ROI-NJ.comBy: Tom Bergeron
In this ROI-NJ interview, Sills Cummis’ Ted Zangari and Jaime Reichardt share their insights on the recently enacted federal Opportunity Zone Program.
Ted Zangari, chair of the Redevelopment Law Practice Group at Sills Cummis &…
Op-Ed: Tax Incentives Are Vital to N.J. So Says This Progressive
As seen on: ROI-NJ.comBy: Raymond Lesniak
Beginning with Gov. Jon Corzine and expanded under Gov. Chris Christie, New Jersey’s corporate tax incentives have been criticized by many progressive and conservative organizations as corporate welfare costing the state billions of tax revenues….…
Income Tax Exemption for and Important Changes to Transfers of “Grow NJ” NJ Tax Credits
Last week, legislation was enacted that will exempt the transfer of GrowNJ tax credits from taxation at the state level and change certain other rules associated with such transfers. Specifically, P.L. 2017, C.313 provides a complete tax exclusion for gains…
Coalition Makes a Push for (Smaller) Incentives
As seen on: ROI-NJ.comBy: Tom Bergeron
When it comes to discussing factors involved in retaining and attracting companies to a region, Ted Zangari likes to quote the famous New York City businessman who made a fortune before making a surprising entry…
Industry News – Tax Reform Update
After years of tax policy and planning discussions, and following debates within committee during the last few months, the U.S. House of Representatives’ Ways and Means Committee yesterday released the first draft of the “Tax Cuts & Jobs Act” or…
An Open Letter to Blue State GOP House Members
By Ted Zangari
A SALTY Compromise to Consider for Tax Reform
Dear Members of Congress:
As representatives of high-tax states, you are acutely aware of the importance of the state and local tax deduction, otherwise known as the SALT deduction. Unfortunately, your colleagues…
Letters of Credit in Commercial Real Estate: A Primer
It should come as little surprise that as the world becomes ever more interconnected so too does the international investment market. The United States commercial real estate market has been a major beneficiary of foreign investments over the last several…