The Shopping Center Lawyer, published by Sills Cummis & Gross P.C., focuses on legal issues related to commercial real estate, retail leasing, and property management. The blog covers topics such as bankruptcy-related lease acquisitions, commercial lease negotiations, landlord and tenant rights, and regulatory compliance affecting retail and shopping center properties. It also addresses legislative developments impacting commercial property owners and retailers, including liquor licensing laws, flood risk disclosures, and vacancy reporting requirements. The blog provides updates on state-specific laws and practical guidance for navigating complex transactions and regulatory changes in the retail real estate sector.
In a significant follow-up to the 2024 liquor license reform law (P.L.2023, c.290), Governor Mikie Sherrill last month enacted legislation (Senate Bill 4404) which further revamps the state’s still somewhat antiquated liquor licensing system.
The most significant changes in the…
If your business is looking for big box locations, this could be your opportunity to purchase a lease through bankruptcy auction at a significant savings. The process is manageable, and the upside potential can be worth the effort. Our bankruptcy…
With the legislative session in Trenton coming to an end tomorrow at noon, New Jersey legislators and the Governor have crafted compromise legislation, S4265/A5912 (which can be found here), to address some of the long-awaited reforms so desperately…
With just two days remaining in the two-year legislative session in Trenton, New Jersey lawmakers and the Governor’s Office are reportedly drafting compromise legislation for speedy passage tomorrow and Monday, which Governor Murphy is expected to sign into law in…
A new statute imposes sweeping new notice requirements affecting properties that are subject to flooding. All owners of land in New Jersey, including commercial and industrial property owners, who lease their sites or are considering a transfer of improved or…
A bill on Governor Murphy’s desk for possible enactment into law would add yet another burden on commercial property owners. This time it’s an effort to create a public database of all vacant commercial space available in the state for…
Op-ed as seen on: ROI-NJ.comBy: George Jacobs and Ted Zangari
High on the list of antiquated regulations that are stifling competitiveness in New Jersey are those governing restaurant liquor licensing. So, kudos to Gov. Phil Murphy for being the first governor…
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…
It’s true: COVID-19 has breathed new life into parking lots. As Neal Freyman of Morning Brew has observed:
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I salute property owner, client and friend George Jacobs for his candor about the mess in which shopping center owners, managers, retailers and lenders find themselves. My thoughts about the shopping center landlord-tenant relationship in the midst of this pandemic…
