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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.
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NJ Contractors and Developers Eligible for Sales Tax Exemption for Affordable Housing Projects post image

NJ Contractors and Developers Eligible for Sales Tax Exemption for Affordable Housing Projects

New Jersey developers and contractors may now benefit from the NJ sales tax exemption for contractors under a new law designed to support the construction and improvement of affordable housing projects. P.L. 2024, c.3 (effective May 1, 2024) expands an existing sales tax exemption to include contractors working for “housing sponsors engaged in affordable housing […]

Author: Donald M. Pepe

Link to post with title - "NJ Contractors and Developers Eligible for Sales Tax Exemption for Affordable Housing Projects"
Failing to Comply With NJ Rent Control Exemption May Prove Costly post image

Failing to Comply With NJ Rent Control Exemption May Prove Costly

What Developers Need to Know About New Jersey’s Rent Control Exemption Law to Ensure Entitlement to Exemption for Newly Constructed Multi-family Housing.  A property owner in Jersey City is facing a $400 million federal class action lawsuit alleging that the landlord did not follow the procedural steps required to be eligible for exemption from local […]

Author: Patrick T. Conlon

Link to post with title - "Failing to Comply With NJ Rent Control Exemption May Prove Costly"
Data Confirms Relaxing Land Use Restrictions Drives Down Housing Costs post image

Data Confirms Relaxing Land Use Restrictions Drives Down Housing Costs

Relaxing land use restrictions benefits real estate developers, renters, and homebuyers, according to several recent studies. Although concerns exist that building more housing could do more harm than good when it comes to affordability, the data confirms that the principle of supply and demand also applies to the housing industry. Boosting supply is essential to […]

Author: Donald M. Pepe

Link to post with title - "Data Confirms Relaxing Land Use Restrictions Drives Down Housing Costs"

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