News Flash

Home

Posted on: August 16, 2019

Governor Signs Bill Aimed at Rejuvenating Stranded Assets

Last week, Governor Murphy signed into law A-1700 (P.L. 2019, c.229) which amends the “Local Redevelopment and Housing Law” to specify that a municipality may determine an area to be in need of redevelopment if the area contains buildings that are used as, or were previously used as, a shopping mall, shopping plaza, or a professional office park, and the buildings with significant vacancies, for a period of at least two consecutive years.

 This League supported this bill as it would provide municipalities with a greater ability to use the tools available to them to encourage the repurposing of stranded assets. We would like to thank the sponsors for their work on this legislation.

 Contact: Frank Marshall, Esq., League Staff Attorney, fmarshall@njlm.org, 609-695-3481 x137.


Facebook Twitter Email

Other News in Home

Gov. Murphy Issues Executive Order 83

Posted on: September 13, 2019

Recap of September PFRS Board Meeting

Posted on: September 13, 2019

2020 Rate Drop Recommended for SHBP

Posted on: September 9, 2019

Looking Forward: NJ Legislature

Posted on: September 9, 2019

Governor Freezes Most Transition Aid

Posted on: July 10, 2019

Recap of the July PFRS Board Meeting

Posted on: July 15, 2019

Spotted Lanternfly Information

Posted on: July 15, 2019

State Budget Update

Posted on: June 28, 2019

Summer 2019 Federal Policy Update

Posted on: June 28, 2019

Census Deadline, Resource

Posted on: June 10, 2019

Cannabis Update

Posted on: June 7, 2019

Senate Acts on Medical Marijuana

Posted on: June 3, 2019

Recreational Marijuana Stalls

Posted on: May 17, 2019

NJ Prepares for 2020 Census

Posted on: April 18, 2019

Cannabis Vote in May?

Posted on: April 12, 2019

NLC Launches Opportunity Zone Resources

Posted on: February 15, 2019

Gov. Murphy's State of the State

Posted on: January 18, 2019

116th Congress Convenes

Posted on: January 4, 2019