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NJ Assembly Passes Bill to Extend Moratorium on Nonresidential Development Fee

Publisher: Day Pitney Alert
June 25, 2014
Day Pitney Author(s) Craig M. Gianetti

On June 23, the New Jersey Assembly passed Bill A1907, which proposes to extend the now-expired moratorium on the Nonresidential Development Fee. The moratorium on the fee, which is 2.5 percent of the equalized assessed value of a nonresidential project, expired on July 1, 2013. The Bill proposes to extend the moratorium to December 31, 2014. The Bill provides that a developer that has paid the fee after July 1, 2013, can seek a refund of monies, unless that town has already expended the funds for affordable housing projects. A similar bill is currently under consideration by the Senate.

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New Jersey's Outdated Sewer and Water Connection Fee Statute And Challenges to Municipal Calculations
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Day Pitney Real Estate Partner Craig M. Gianetti authored an article titled, "New Jersey's Outdated Sewer and Water Connection Fee Statute And Challenges to Municipal Calculations," for the New Jersey Builders Association's Dimensions Newsletter.

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"Legal Series Tournament: Practice Area Battle Royal," University of Miami School of Law's Hispanic Law Students Association

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On February 23, Partner Craig M. Gianetti spoke at the program, "Land Use Update 2022," about challenges to zoning ordinances and ethical issues in land use matters.

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Day Pitney was included in Real Estate NJ's "Professional Spotlight 2022: Top Law Firms in New Jersey Commercial Real Estate."

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Day Pitney Real Estate Partner Katharine Coffey was named PulteGroup's Land Consultant of the Year for the Northeast.

Wonder Woman 2021
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Day Pitney Represents Hancock Family in Successful Rezoning Negotiations
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Day Pitney Press Release

Day Pitney Featured in "Professional Spotlight 2021: Top Law Firms in New Jersey Real Estate," Real Estate New Jersey
April 6, 2021

Day Pitney Press Release
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