RedevelopNJ, published by Sills Cummis & Gross P.C., focuses on legal issues related to real estate redevelopment and urban planning in New Jersey. The blog covers topics such as brownfield redevelopment, land use and zoning challenges, transit-oriented development, economic incentives like tax credits and PILOT agreements, and the impact of local governance structures on redevelopment projects. It also addresses regulatory changes affecting environmental remediation, municipal finance, and community benefits associated with redevelopment. The content often discusses the intersection of state policies, local home rule, and economic development strategies, providing insights into legal and practical considerations for developers, municipalities, and stakeholders involved in redevelopment initiatives.
Source: News From The Senate Democrats
TRENTON – In an effort to improve economic growth and development in distressed communities and neighborhoods, the Senate Community and Urban Affairs Committee passed legislation today sponsored by Senator Troy Singleton, which would require
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Three recently introduced bills in the New Jersey State Legislature could hint at an emerging policy shift away from the state’s time-honored respect for “home rule” and towards a more regional approach to land use planning. While the proposed legislation…
Legislation was introduced in Trenton this week that would allow developers to opt for an expedited construction plan review program, pursuant to which an agency would have ten (10) calendar days to render a decision under the State Uniform Construction
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Bill Would Now Give County Planning Boards, State Planning Commission say in “Large Warehouse” Applications before NJ Land Use Boards
A bill pending in the New Jersey State Legislature would send developers to county planning boards or the State Planning…
A bill just introduced in the New Jersey State Legislature could significantly slow the development of warehouse space even as demand soars nationwide. The bill, sponsored by State Senate President Stephen M. Sweeney, would amend the Municipal Land Use Law (N.J.S.A. 40:55D-1, et seq.)…
Sills Cummis & Gross is pleased to announce that Ted Zangari, Chair of the Firm’s Real Estate Department, has been appointed to another term as Mixed-Use (MXD) Counsel to the New Jersey Builders Association (NJBA). He has served in this capacity
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The new “NJ Aspire” incentive program, enacted last week by Gov. Murphy as part of the Economic Recovery Act of 2020, is intended to close project financing gaps in proposed redevelopment projects through the issuance of transferable/pledgeable state tax credits.…
New Jersey has been without a public financial incentive to attract and retain businesses since June 2019 when the GrowNJ program expired. Earlier this week, Gov. Murphy signed into law the Economic Recovery Act of 2020 which includes a replacement…
Relief Requires Time-Sensitive Action on the Part of Businesses
You may have read that the recently enacted New Jersey Economic Recovery Act of 2020 will create a successor business attraction and retention incentive program to Grow NJ to be known…
NJEDA Board Approves Brownfields Loan Program
Contact: New Jersey Economic Development Authority
media@njeda.com
TRENTON, N.J. (November 13, 2020) – The New Jersey Economic Development Authority (NJEDA) Board of Directors today approved the creation of the Brownfields Loan Program. This program will…
