Last September, Gov. Chris Christie signed into law P.L. 2014, C. 159, legislation that received nearly unanimous support from both houses of the State Legislature, which amends certain provisions of the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1, et seq. (LRHL).
This legislation was intended to reform New Jersey law to: (a) make it consistent with judicial precedent which had been created in the past 10 years; (b) to address some of the concerns about the use of eminent domain in local redevelopment matters while simultaneously providing municipalities ways in which economic initiatives could be promoted by facilitating real estate development and job creation in certain areas of the state.
