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July 8, 2009
Edward F. McTiernan, a Director in the Real Property & Environmental Department, will serve on a panel at Law Seminars International's upcoming event, "Site Remediation in New Jersey." Mr. McTiernan will specifically discuss public notification requirements and new developments for guidance.

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"Redevelopment" is the cooperative public-private process of clearing away the existing improvements on a property and replacing them with new improvements designed to promote government policy goals.

How Does Redevelopment Work?
After preparing a redevelopment or urban renewal plan that sets forth its objectives for a given area, the government takes the property and transfers title to a private developer, which enters into an agreement to construct a new revenue-producing project that is consistent with the government's plan. Before the government may take property for redevelopment by eminent domain, many jurisdictions require a finding that the property or its existing improvements are "blighted" or "in need of redevelopment" although some jurisdictions allow the use of eminent domain solely to stimulate economic development.

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