NJ Affordable Housing Trial May Signal Fate

Publisher: Law360

June 5, 2017

Real estate partner Craig Gianetti was quoted in an article titled "NJ Affordable Housing Trial May Signal Fate of Later Cases" (subscription required) that was published by Law360. The article discussed how affordable housing developers and municipalities across New Jersey are closely watching the current trial in Mercer County, which could have wide-ranging implications amid counties facing litigation over how much affordable housing must be provided. "The hope is it's going to be a domino effect. If Mercer County comes out on the side of Fair Share Housing's methodology, I think it's going to be easier for the judges in the other counties," Craig told Law360 in an interview. "The decisions have kind of gone in the favor of Fair Share Housing. Some towns have been settling. Many towns feel the numbers are too high. They don't have enough vacant land to meet that obligation. That's kind of where their crux is," he added.

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