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The Economy

IT’S STILL THE ECONOMY, STUPID!                                                     By:    Thomas M. Wells                         Experts are telling us the recession is over, and it very likely is, at least by the numbers.  Eight months ago I predicted unemployment would reach ten-percent.  Now, with just a couple tenths of a point to go, I am less sure, but still […]

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COAH Fees for Development Suspended

Just last summer, the statewide Nonresidential Development Fee Act was enacted on July 17, 2008.  The Act pre-empted any municipal affordable housing or “COAH” fee ordinance and mandated that any nonresidential development be assessed a fee equaling 2.5% of the equalized assessed value of the improvements and land of the new development (the “2.5% Fee”).  […]

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