Real Estate NJ: Roundtable - What Are the Biggest Challenges to Construction and Redevelopment in New Jersey?
Thomas Trautner was quoted in a Real Estate NJ article titled "Roundtable: What Are the Biggest Challenges to Construction and Redevelopment in New Jersey?" The article asks a panel of industry experts to address what are the biggest challenges to construction and redevelopment in New Jersey. According to Tom, "The continued uncertainty faced by municipalities with respect to affordable housing has created substantial challenges for residential developers. This is, in part, a result of the New Jersey Supreme Court’s decision in Mount Laurel IV to have the judiciary undertake (through litigation) the role of determining the numerical affordable housing obligations of municipalities."
To read the full article, please visit Real Estate NJ's website.