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April 23, 2024 | New Jersey Law Journal

New Jersey's Prompt Payment Act: Construction Contract Considerations for Developers and Owners

"Where the owner fails to remit timely payment of an approved invoice, after giving seven calendar days' notice, the unpaid party may suspend performance of the construction contract until the payment is made," writes Robert C. Epstein of Greenberg Traurig.
7 minute read
April 23, 2024 | New Jersey Law Journal

New Economic Incentives for Developers of Affordable Housing Are on the Horizon

"Given the significant outstanding need in New Jersey for inclusionary and affordable housing, these actions are a clear legislative step, creating fundamental changes in how housing might be incentivized and financed," according to Cameron W. MacLeod and Kenneth D. McPherson III of Gibbons.
8 minute read
April 23, 2024 | New Jersey Law Journal

Changes in New Jersey Sheriff's Foreclosure Sale: How Residential and Non-Residential Properties Are Impacted

"The amendments attempted to rectify various issues raised by the uptick in the amount of abandoned blighted properties," write Michael L. Rich and Benjamin L. Lindeman of Porzio Bromberg & Newman.
8 minute read
April 23, 2024 | New Jersey Law Journal

How to Prepare for the Growing Prevalence of Modular Construction

"It will be imperative for project owners to understand where the prospective modular contractor sits in relation to the other contractors working on the project," writes Aaron S. Brotman of Cole Schotz.
7 minute read
April 23, 2024 | New Jersey Law Journal

What You Need to Know About the New Jersey Flood Risk Notification Law

"As a direct response to the increased flood risks, New Jersey enacted a Flood Risk Notification Law. The law imposes strict requirements for landlords and sellers of real estate in the state," writes Mercedes Diego of Cohn Lifland Pearlman Herrmann & Knopf.
5 minute read
Law Journal Press | Digital Book Massachusetts Legal Ethics & Malpractice 2017 Authors: James S. Bolan, Sara N. Holden View this Book

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April 23, 2024 | New Jersey Law Journal

Public Entities Not Immune From Frivolous Litigation Statute's Sanctions, Appellate Division Concludes

"K.L.F. and P.M. both express sound reasoning in reaching their respective rulings, making our decision a close call," Judge Thomas W. Sumners Jr. wrote. "We, however, conclude, as did K.L.F. and the trial court, that a public entity is not immune from the sanctions that can be imposed under the FLS."
4 minute read
April 23, 2024 | New Jersey Law Journal

The Importance of Using Singular 'They' in Real Estate Legal Documents

"Whichever pronouns people choose to use, these choices need to be honored, especially by attorneys who believe in a client-centered approach," writes Michael J. Stutman of Flaster Greenberg.
6 minute read
April 23, 2024 | New Jersey Law Journal

Is Rent Control Still Relevant?

"Originally designed to protect tenants from skyrocketing rents and ensure housing stability, rent control policies have disincentivized property owners from updating and renovating older buildings, as well as distorting housing markets," writes Brian Peykar of Brach Eichler.
8 minute read
April 22, 2024 | New Jersey Law Journal

New York Jets Sued in New Jersey to Foot the Bill for Player's Car Crash

"The actions, conduct and behavior of defendant, Brandin M. Echols, rise to a punitive level as defined by the New Jersey Punitive Damages Act, entitling plaintiff to punitive damages," the suit says.
5 minute read
April 22, 2024 | New Jersey Law Journal

'This Is a New Demand on Universities': Title IX Regulations Add Protections for LGBTQ Students, Sexual Assault Victims

"We may find in the courts that the battle is playing out more than we have seen in the past because, obviously, this is a new demand on universities and how they approach that may differ. That is always fodder for litigation, and for good reason," said Cori M. Smith, an associate and member of Reed Smith's higher education team.
6 minute read

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