Legislation establishing the new fourth round of rules for affordable housing could become law in short order. The Assembly passed its version of the bill, A-4, on February 12. The Senate Budget and Appropriations Committee moved the Senate’s version of the
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UPDATE: Comply With New Flooding Condition Disclosures & Landowner Notification Requirements Beginning March 20, 2024 – Or Risk Losing Your Tenant Or Buyer
Beginning on March 20, 2024, all property owners seeking to lease (including renewals) or sell real property in New Jersey, including commercial real estate, must make certain disclosures to potential tenants and/or buyers regarding historic and potential flood conditions on…
Affordable Housing Legislation Takes Major Step Forward
Pending legislation aimed at establishing the new fourth round of rules for affordable housing has taken a major step forward. On February 8, the Assembly Appropriations Committee considered the bill, made significant amendments, and moved the bill forward to a…
Update on Re-Introduced Sweeping Affordable Housing Legislation
Legislation aimed at establishing the new fourth round of rules for affordable housing and the process for same was re-introduced as Assembly Bill A-4 and Senate Bill S-50 in the new legislative session with minor changes from the previous session’s…
A Deep Dive Examination of the Restaurant Liquor License Aspects of the Fast-Moving Bill Speeding Through the New Jersey Legislature
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…
Update on Sweeping Affordable Housing Legislation Stalls in Trenton as Session Winds Down
Bill to be Reintroduced in New Two-Year Session Beginning Tuesday at Noon
Assembly Bill A-4, which aimed to implement the new fourth round of rules for affordable housing and change the administration of affordable housing in New Jersey (click…
Sweeping Legislation Could Reshape Affordable Housing in New Jersey for at Least a Generation
With just a few days remaining in the two-year legislative session, State lawmakers introduced and are swiftly pushing towards enactment of a bill that would radically change the administration of affordable housing in New Jersey and set forth a single…
NJ Legislature Poised to Revise Restaurant/Brewery Liquor Licensing Laws with Two Days Left in Session
By Ted Zangari
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…
New Flooding Condition Disclosures Published – Effective March 20, 2024
Disclosures affect all properties including commercial and industrial.
Specifics of the scope of the disclosures left unresolved.
On December 21, 2023, the Department of Community Affairs (DCA) published forms applying to:
- Sales of any property in New Jersey after March
…
Gov. Murphy Rejects Legislation Requiring Commercial Property Owners to Register “Vacant Space”
By Ted Zangari
Governor Murphy today conditionally vetoed legislation that would have added yet another burden on commercial property owners. The bill, A-4750, would have required the owner of every commercial property in the state—presumably affecting retail, office and industrial space despite the…