New “Vertical GDP” Law Provides Options to Developers

Posted by on Jul 19, 2011 in Developer's Agreements, General Information, Legislation, Municipal Land Use Law, Redevelopment, Retail/Commercial

By: Michael J. Lipari, Esq.
In an effort to provide certainty to development projects in the urban and more developed areas of the State, legislation has been adopted that extends general development plan (GDP) protection to large development projects situated on smaller sites.

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Court Reiterates Effect of Developer’s Agreements

Posted by on Jan 7, 2010 in Developer's Agreements, Municipal Land Use Law

By: Henry T. Chou, Esq.
Applying the principles recently ennunciated by the New Jersey Supreme Court in Toll Brothers, Inc. v. Board of Chosen Freeholders of Burlington County, the Appellate Division has determined that the terms of a developer’s agreement did not bar a developer from requesting an extension of time to finish the construction of improvements associated with a development project in South Brunswick.

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