Category Archives: Real Estate

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Papal Visit to Philadelphia – Positive Economic Opportunities for Commercial/Retail Owners

Posted in Commercial, Retail & Industrial Real Estate, Real Estate

This blog was co-authored with my colleagues Tom Onder, Esq. and Brian Smith, Esq. Pope Francis is coming to Philadelphia in September. The visit will attract millions of visitors from around the world. A quick look at prior Pontiff visits shows the enormous influx of people that the Pope attracts to other global cities: Attendees Global City 3.5… Continue Reading

Affordable Housing A Critical Component of New Jersey’s Economic Growth

Posted in Commercial, Retail & Industrial Real Estate, Real Estate, Stark News

Stark & Stark Shareholder Gary Forshner, member of the firm’s Real Estate, Zoning & Land Use Group, authored the article “Affordable Housing a Critical Component of N.J.’s Economic Growth,” which was published on June 26, 2015, by the The Star Ledger. The article discusses how the March 10th New Jersey Supreme Court ruling on affordable housing can impact the… Continue Reading

Recent Affordable Housing Ruling Creates Opportunity for Developers and Owners

Posted in Real Estate, Stark News

Stark & Stark Shareholder Gary Forshner, member of the firm’s Real Estate, Zoning & Land Use Group, authored the article “Affordable Housing Ruling Creates Opportunity for Developers, Owners,” which was published on June 22, 2015, by the Real Estate Weekly. The article discusses the recent NJ Supreme Court affordable housing ruling on March 10th, which transferred the… Continue Reading

Developed Lot Shortages Still a Lingering Problem for Builders

Posted in Commercial, Retail & Industrial Real Estate, Real Estate

The National Association of Homebuilders released a report, consistent with our predictions, indicating that approved lots ready for construction are a scarcity. 62% of builders indicate that the supply of developed lots is low or very low. This phenomenon, at record levels since at least 1997 when records were kept, is likely due to the… Continue Reading

Breaking Down the SNDA – Subordination Non-Disturbance and Attornment Agreement

Posted in Real Estate

A Subordination Non-Disturbance and Attornment Agreement (an “SNDA”) is a document that is typically required by a lender for a landlord. Sometimes the lender will leave off the non-disturbance portion of the agreement, as the lender is only interested in the subordination and attornment. The subordination is the agreement of the tenant to subordinate its… Continue Reading

Construction Defect and Liens Seminar

Posted in Real Estate, Stark Events

Stark & Stark will host the New Jersey Builders Association’s Construction Defect and Liens Seminar on Monday, June 1, 2015 from 9:00am – 12:00pm at the Lawrenceville, NJ office. Shareholder Gary S. Forshner, Esq. will moderate the seminar, which will feature three Stark & Stark Shareholders as panelists. Details on all presenters and speaking topics for each… Continue Reading

Q&A Video Podcast on NJ Affordable Housing Oversight

Posted in Commercial, Retail & Industrial Real Estate, Real Estate

As you are undoubtedly well aware, the March 10, 2015 ruling from the New Jersey Supreme Court stripping the Council On Affordable Housing (COAH) of their oversight of the constitutional obligation of every municipality in New Jersey to plan for and accommodate affordable housing has effectively changed the rules for all of us. The Rules… Continue Reading

Jersey City Ordinance Proposes Chain Store Prohibition

Posted in Commercial, Retail & Industrial Real Estate, Real Estate

Various sources, including NJBiz, have reported that Mayor Fulop and Jersey City are pushing forward an ordinance largely prohibiting chain businesses, i.e., any business that has 10 or more locations within 300 miles from the City. If challenged, will the ordinance pass legal muster? Arguably not. Generally land use ordinances must advance the purposes of… Continue Reading

The Next Generation of Affordable Housing in New Jersey

Posted in Real Estate, Stark Events

Shareholder Gary S. Forshner, member of the Stark & Stark’s Real Estate, Zoning & Land Use Group and Chair of the New Jersey State Bar Association (NJSBA) Land Use Section, will moderate and present at the New Jersey Institute for Continuing Legal Education (NJICLE)’s “Affordable Housing: The Next Generation” seminar. The event is being held on Monday, April 20, 2015, from 9:00 AM –… Continue Reading

Are You Ready? New Jersey Supreme Court Sends Affordable Housing Oversight Back to Trial Courts

Posted in Real Estate

On March 10, 2015, setting aside the state’s “non-functioning” affordable housing process, the New Jersey Supreme Court issued a ruling removing executive branch jurisdiction over low- and moderate-income housing and sent enforcement and oversight back to the trial courts. The ruling is the most significant action in 40 years, when the court originally established the… Continue Reading