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.
Proposal’s Aims to Attract, Retain Businesses and Residents; Promote Long-Term, Sustainable Growth
NEWARK, NJ — Today, the Smart Growth Economic Development Coalition – a collaborative group of 22 state-wide business, industry and urban renewal organizations – announced that their “Economic Development…
As seen in: The Bergen Record
“Business groups are gearing up for the new legislative session even as they wage the final battles of the old one.” “Business representatives have spent recent weeks meeting with Christie’s transition team, hoping to shape…
This is a summary of a complex law. You should consult an attorney for its particular application to your circumstances.
Who is eligible for the UTHTC program? Any in-state or out-of-state company seeking a business facility regardless of the nature…
In September 2007 – one month before the Dow hit its all-time high – over a dozen trade associations representing business, real estate and labor met to address “twin crises” affecting New Jersey. One, a short term “demand” crisis: the…
As seen in: NJBIZ
The New Jersey Economic Stimulus Act of 2009, which cleared the Assembly Appropriations Committee on Thursday, will have dramatic implications for real estate and economic development in the state, said Ted Zangari, a real estate…
A discussion paper on potential changes to lease accounting was released in March by the U.S. Financial Accounting Standards Board and the International Accounting Standards Board. According to the discussion draft all operating leases for real estate and equipment will…
The Assembly Commerce and Economic Development Committee passed last week approved legislation that would revise the Technology Business Tax Certificate Transfer Program, which allows unprofitable technology and biotechnology businesses to sell their unused net operating losses (NOLs) and R&D tax…
The recent economic tsunami has already devastated the commercial real estate sector. But another wave of bad news is about to hit owners of commercial real estate. The economic downturn has drastically reduced state tax revenues, and state officials are…
A May 22, 2006 NJBIZ article by Shankar P. discusses Newark’s proposed office and residential projects, including economic incentives, and how Mayor-elect Cory Booker may handle these proposals. Ted Zangari, a member of the Real Estate Practice Group at Sills…
