Currently browsing: Real Estate and Commercial Transactions

Permit Extension Act Extended Through December 31, 2015

On Friday Governor Christie signed legislation that would extend the protections afforded by the Permit Extension Act through December 31, 2015. The clock will begin to run again on January 1, 2015, and no approvals will extend beyond June 30, 2016 unless the validity of the approval would have extended beyond June 30, 2016 without […]

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MULTI-FAMILY HOUSING- THE DAYTON AND CHESTNUT VILLAGE IN RIDGEWOO

MULTI-FAMILY HOUSING- THE DAYTON AND CHESTNUT VILLAGE IN RIDGEWOO COMING TO RIDGEWOOD For the last several years, Tom Wells and Andy Kohut of our office, have lead an effort to convince the Ridgewood Planning Board to amend the Village Master Plan and Zoning, to permit several new high density apartment projects downtown. Our clients, Garden […]

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Land Use Lunacy

Who says land use law is boring??? The NY Times reports on Jan 8 that Kate Hepburn’s former home in Fenwick Conn. is the subject of heated land use litigation.  Seems the current owner had the temerity to erect 2, twelve inch square granite posts at his driveway entrance w/ the address number engraved.  These ‘egregious’ […]

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Shop Rite Approved Unanimously in Wyckoff!

Jim Jaworski, Esq., (Administrative Partner who actively practices in the firm’s Land Use Department) is pleased to announce that after more than 2 years and 30 something Planning Board hearings, 3 Design Review Commission meetings and 4 or 5 Shade Tree Commission meetings, the Site Plan for Wyckoff Shop Rite was unanimously approved on November 26 […]

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Loss of Deposit for Improper Cancellation of Contract on Punchlist Deficiency Grounds

The August 21st New York Times reports that a $4.7M deposit was forfeited by Roberta Campbell, ex-wife of Intuit Chairman William Campbell in a co-op deal gone awry. Seems the Federal Judge was unimpressed with the reasons asserted for attempted termination after the pre-closing inspection. It appears she attempted to turn punch list items into […]

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Residential Leases

Due to the decline in property values and the unstable real estate market, a lot of our clients have been renting out apartments, condominiums and houses, rather than selling, in order to cover carrying costs until the market returns. Darrell Felsenstein, Esq., Partner in the firm’s Litigation Department reminds us that all Landlords of any […]

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TAX EXEMPTIONS REINSTATED FOR GROUP HOMES FOR THE MENTALLY DISABLED

TAX EXEMPTIONS REINSTATED FOR GROUP HOMES FOR THE MENTALLY DISABLED       In our winter 2010 Legal Update, we reported on a state tax court decision eliminating real property tax exemptions for certain private, not-for-profit companies.   In the case of Advance Housing Inc. versus Township of Teaneck, a New Jersey Appellate Court has […]

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