This informative annual Institute brought together leading Attorneys, Planners, Financial Consultants, and other Professionals who are involved in working on redevelopment projects statewide.
For those practitioners, developers, and members of government whose work focuses on redevelopment, this intermediate level seminar afforded an opportunity to delve more deeply into some of the issues being addressed as we advise clients undertaking redevelopment projects. The Institute assumes a basic understanding of the Local Redevelopment and Housing Law and redevelopment generally.
Attendees learned about how the following could impact their redevelopment law practice:
- Economic Opportunity Act of 2013 – The Act will merge five economic development incentive programs into two, resulting in an expanded and more flexible version of the Grow New Jersey Assistance Program (Grow NJ) and the Economic Redevelopment and Growth Grant Program (ERGG) to allow New Jersey to compete more effectively with other states for jobs and investment, and to encourage redevelopment in places where the Legislature wants to see the development through specially designed bonus tax credits – Ron Beit; Michele A. Brown, Esq.; Charles B. Liebling, Esq.; Anne Babineau, Esq.
- Health Care Facilities and Redevelopment – Healthcare Facilities have fueled redevelopment in places like New Brunswick and Camden. Learn how it was done, and prospects for future projects, including use of EO 2013 benefits to incent such projects – Scott A. Kobler, Esq.; John Kelly, Esq.; John Sheridan, Esq.
- Equitably Sharing The Benefits And Burdens Of Redevelopment When A Project Spans Two Or More Municipalities – Meadowlands redevelopment has a formula for tax revenue sharing. Can it provide a useful lesson for other redevelopment that involves multiple municipalities, such as Fort Monmouth or Clifton/Nutley former Hoffman-La Roche property? – Robert Ceberio; Marc H. Pfeiffer; Peter S. Reinhart, Esq.; Dwight H. Merriam, Esq.; Thomas H. Bruinooge, Esq.
Location: New Jersey Law Center
One Constitution Square
New Brunswick, NJ