What's Inside

• What's New
  • Economic Stimulus and COAH Update!
    On June 25th, both houses of the New Jersey Legislature passed the "New Jersey Economic Stimulus Act of 2009" by wide margins! The bill is awaiting the Governor's signature. The 2009 Stimulus Act is a comprehensive measure aimed at assisting the development community while providing much needed stimulus to New Jersey's economy.

  • Risky Business - Developers and Political Contributions
    There are extensive Pay to Play restrictions now which impact re-developers. The most specific one is Governor Corzine’s Executive Order 118 ...

  • Atlantic Yards Wins a Round in Court
    Forest City Ratner Cos., developer of the Atlantic Yards project in Brooklyn, has won another legal round as an appellate court upheld the dismissal of a challenge to the project.

  • Residential Development Shifts Toward Urban Centers
    EPA is today releasing a new report, “Residential Construction Trends in America’s Metropolitan Regions,” which examines building trends in the 50 largest metropolitan areas from 1990 to 2007.

  • Urban Transit Hub Tax Credit Program
    New Jersey recently introduced a new initiative designed to encourage investment and job growth around urban transit hubs, which are defined as heavy rail stations in nine urban municipalities – Camden, East Orange, Elizabeth, Hoboken, Jersey City, Newark, New Brunswick, Paterson, and Trenton.

  • Option on Land Gives Standing for Zoning Challenge, Court Says
    In a win for real estate developers, the Third U.S. Circuit Court of Appeals ruled Thursday that an option to buy a parcel of land is enough to confer standing to challenge zoning restrictions that prevent a planned development from going forward. To view the decision, please click here.

  • Relief From "COAH" 2.5% Fee Has Governor's and Key Legislators' Support
    In his "State of the State" Address today, New Jersey Governor Corzine called for a one year moratorium on the 2.5% COAH development fee imposed by the Council on Affordable Housing (COAH). For further information, please visit http://www.njsendems.com/release.asp?rid=2623.

  • Proposed Eminent Domain Legislation
    • Federal
    • Other States
    • New Jersey and Analysis of Assembly Bill to Significantly Change Redevelopment Law
      
      
  • Agency Contacts
    • Federal
    • New Jersey