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On June 30, Gov. Christie signed legislation extending the Permit Extension Act for an additional year in those counties most impacted by Superstorm Sandy. The Permit Extension Act, originally signed into law on September 6, 2008, in response to the 2007 recession, effectively extended certain existing property development permits and government approvals by suspending the running of the approval period. The act was further extended in 2010, 2012 and 2014. These extensions extended approvals through December 31, 2015, and in some cases, through June 30, 2016. The act expired on December 31, 2015, however, and as a result, no approvals were extended beyond June 30, 2016. Developers were therefore faced with having to seek extensions of previously granted approvals or to reapply.
The newly signed legislation grants a reprieve to "Superstorm Sandy-Impacted Counties." These are Atlantic, Bergen, Cape May, Essex, Hudson, Middlesex, Monmouth, Ocean and Union counties. The running of the approval period is suspended through December 31, 2016, for government approvals in existence on December 31, 2015, concerning lands located entirely within one of these counties. The legislation therefore extends approvals in these counties for an additional year, up to June 30, 2017.
Day Pitney Alert
The ABA recently published the 25th Edition of The Property Tax Deskbook.
On November 18, the Morris County Bar Association will hold their 2020 Legalpalooza.
Day Pitney Alert
Day Pitney Alert
Day Pitney Press Release
Day Pitney Press Release
Katharine Coffey and Christopher Stracco, both partners at Day Pitney, were quoted by Law360 in the article, "Virus Creates Opening For Office Market In NJ Suburbs."
April Condon has been elected to a three-year term as Vice Chairwoman of the Stamford Partnership, a nonprofit that focuses on improving the city's business climate and public services.