News archive

Congratulations to NJAA Members Named to NJBIZ Power 50 In Real Estate

Twelve NJAA members and NJAA Executive Director David Brogan were named to NJBIZ’s 2015 Real Estate Power 50 list. NJAA would like to congratulate its members who were recognized as power players in New Jersey's real estate industry.

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Federal Tax Update: Bipartisan Budget Deal Overhauls Real Estate Partnership Audits

The two year budget deal signed into law by President Obama contains provisions that overhaul the process by which large real estate partnerships are audited. Currently, the IRS holds individual partners responsible for their share of a partnership’s tax liability. Under the new measure, partnerships would be audited at the entity level. The partnership would then be responsible for any additional taxes. Additionally, there is an option for the partnership to remit amended K-1s in reporting partnership shares to the underlying partners.

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Democrats Increase Their Majority in the General Assembly after Strong Showing in Midterm Elections

In Tuesday’s midterm elections, in which Assembly races were at the top of the ballot, Democrats picked up four seats in the General Assembly, inching closer to a veto-proof majority.

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Senate Passes Resolution to Override DEP Flood Hazard Control Act Regulations

In a 26-12 vote this Thursday, the New Jersey Senate passed a resolution, SCR-180, to deem the Department of Environmental Protection (DEP) Flood Hazard Control Act regulations as being inconsistent with legislative intent.

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Housing for Displaced Passaic Residents

NJAA is working in coordination with the New Jersey Housing and Mortgage Finance Agency (HMFA) to identify available apartment homes for those who have been impacted by the devastating Gregory Avenue fire in Passaic where hundreds of residents have been displaced and are in need of housing.

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Two Dozen Legislators and Over 100 Multifamily Executives Attend the 12th Annual NJAA PAC Reception

Two dozen legislators joined over one hundred multifamily executives for the 12th Annual NJAA PAC reception at Crestmont Country Club. NJAA introduced a new format this year which provided attendees an opportunity to network and build enhanced relationships with members of the Legislature as well as fellow NJAA members.

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N.J. Supreme Court Reverses Appellate Court in 30 Year Landlord-Tenant Dispute

The owner of a property with a converted garage apartment is allowed to move into that apartment after the N.J. Supreme Court sided with the property owner and put an end to a thirty year dispute between the owner and the tenant.

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DCA Adopts 2015 International Building Code and Related 2015 Model Codes

On Monday, September 21, 2015, the Department of Community Affairs (DCA) formally adopted the 2015 International Building Code (IBC) and related 2015 model codes as subcodes under the N.J. Uniform Construction Code (Chapter 23 of Title 5 of the N.J. Administrative Code). These subcodes govern the construction of new buildings and become mandatory after a six month period where a developer can build under the previous code of the newly adopted code.

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Garden State Awards Finalists Announced

NJAA is pleased to announce the finalists for this year's Garden State Awards. Congratulations to all of the finalists for being selected amongst nearly 400 nominees for displaying excellence in the multifamily housing industry in New Jersey. Join us at the Garden State Awards and Recognition dinner on October 29th as we announce the winners.

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NJAA PAC Holds an Event with Senate President Stephen Sweeney at Woodcrest Country Club

On Tuesday, September 8, 2015, the New Jersey Apartment Association Political Action Committee (NJAA PAC) held an event with Senate President Stephen Sweeney at Woodcrest Country Club in Cherry Hill. The luncheon was hosted by Michael Haydinger of First Montgomery Group, and allowed NJAA members and PAC contributors the opportunity to hear from the Senate President on key issues and to strengthen relationships with him.

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Registration for NJAA’s 12th Annual NJAA PAC Reception is Now Open!

NJAA PAC is pleased to announce that registration for the 12th Annual NJAA PAC Reception is now open. The reception, which is the largest PAC event for the multifamily housing industry in New Jersey, will be held at 7:00 p.m. on Tuesday, October 13, 2015, at the Crestmont Country Club in West Orange.

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Governor Christie Signs Legislation Directing State Agencies to Review Ways to Expedite Permitting

Governor Christie signed into law S-1813/A-1813, which is sponsored by Senator Jim Whelan (D-Atlantic), Senator Steve Oroho (R-Sussex), Assemblyman John Burzichelli (D-Cumberland) as well as additional Assembly sponsors and co-sponsors. The bill expands and strengthens the provisions of a 2011 law that requires each State agency to undertake a periodic review of permits issued by these agencies, in order to identify permits that are obsolete or that could be administered through an expedited procedure.

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Appellate Division Rules That Municipalities Cannot Mandate Licensure of Apartments for Rentals of 175 Days or More

The Appellate Division of the New Jersey Superior Court issued a long awaited decision in Timber Glen Phase III v. Township of Hamilton, reversing a trial court ruling that allowed a Hamilton Township (Atlantic County) apartment licensure ordinance to stand.

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Housing Opportunities for Displaced Ocean Twp. Residents

To assist displaced Ocean Twp. residents, NJAA and its membership are making available a list of apartment communities in the area with availability.

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DCA Proposes Actions to Increase Access to Affordable Housing and Holds Public Hearing on Plan

The NJ Department of Community Affairs (DCA) held a public hearing on its proposed plan to further fair housing and increase access to affordable housing.

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Senate Approves Measure Authorizing Local Boards of Health to Set Higher Minimum Heat Requirements for Senior Communities

The Senate passed a measure which would amend the enabling statues for local boards of health to provide additional powers concerning the provision of heat in multifamily communities.

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Save-the-Date: 12th Annual NJAA PAC Reception – Tuesday, October 13

Please save-the-date for the 12th Annual NJAA PAC Reception, which will be held on Tuesday, October 13, 2015, at the Crestmont Country Club in West Orange, NJ.

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Federal Update: NAA/NMHC Study Shows that Like-Kind Exchanges Support Lower Rents

The National Multifamily Housing Council (NMHC) / National Apartment Association (NAA) released groundbreaking research on July 9 highlighting the critical role like-kind exchanges play in helping the multifamily industry provide housing to America’s workforce.

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NJAA Opposed Sick Leave Mandate Bill Withdrawn from Senate Vote

Legislation imposing a new sick leave mandate on employers, S-785, was withdrawn from consideration by the full Senate on Monday.

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U.S. Supreme Court Rules in Long Anticipated Disparate Impact Case

On June 25, 2015, the Supreme Court of the United States in Texas Dept. of Housing and Community Affairs et al. v. Inclusive Community Project, Inc. et al, No.: 13-1371, affirmed the holding of the Fifth Circuit that the Fair Housing Act (“FHA”) prohibits decisions in housing that have a disparate impact. This means that non-profit testing groups now have an additional tool by which to measure compliance with the FHA, and argue that a policy or practice causes a disparate impact, i.e., not that your policy on its face discriminates based upon a protected category but that your policy or practice causes a discriminatory effect.

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Rent Control Update: Borough of Eatontown Adopts Permanent Vacancy Decontrol

In an effort led by Eatontown Mayor Dennis Connelly to improve housing conditions in the Borough of Eatontown, the Council on Wednesday voted 4-2 to amend the rent control ordinance to allow for permanent vacancy decontrol.

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Assembly Advances NJAA Opposed Measure that Would Lead to Increased Workers’ Compensation Premiums

The Assembly voted 44-30 to approve S-929/A-1908, which imposes an increased cost on employers to fund an new cost-of-living adjustment (COLA) on workers’ compensation benefit rates for certain disability cases that have occurred since 1980.

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Assembly Advances NJAA Supported Measure that Would Help Owners Maintain Crime Free Properties

The General Assembly voted 69-2-7 to approve A-1877 (Burzichelli/Riley), which allows for the eviction of tenants who have committed a criminal act on a rental property or who engage in conduct which creates an imminent serious danger to others, the building, or the immediate vicinity.

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Legislature Approves FY 2016 State Budget and Governor Takes Action on Budget and Spending Bills

In a marathon voting session that lasted into the evening, the General Assembly voted 47-31 and the Senate voted 24-16 to approve a $35.3 billion FY 2016 budget, sending it to Governor Chris Christie for consideration.

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Newark City Council Introduces Revisions to Its Rent Control Ordinance

On June 17, 2015, the Newark City Council voted to introduce a proposal to revise the City’s rent control ordinance.

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NJAA Supported Proposal Would Change Frequency of Boiler Checks by Black Seal Licensees

The New Jersey Apartment Association submitted comments to the Department of Labor and Workforce Development (LWD) in support of a proposal to change the frequency with which licensed boiler operators (“black seals”) must perform a physical check of a low pressure boiler.

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NJAA Opposes Bill Limiting Use of Credit Screening of Applicants for Affordable Housing

NJAA opposed S-1585, sponsored by Senator Turner (D-Mercer), which prohibits the use of credit scores in evaluating the creditworthiness of applicants seeking to rent affordable housing.

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NJAA Opposes Bill Imposing New Mandates on Multifamily Construction

NJAA provided both written and verbal testimony before the Senate Community and Urban Affairs Committee in opposition to S-2824, sponsored by Senator Stack.

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NJ DEP Proposes Revisions to Rules Governing Construction in Flood Prone Areas

The New Jersey Department of Environmental Protection (DEP) published a comprehensive proposal that would revise the Flood Hazard Area Control Act rules, the Coastal Zone Management rules, and the Stormwater Management rules.

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Appellate Court Supports Apartment Community in Dispute over Trash Reimbursement

The Appellate Division issued a per curium decision in Kiejdan Family v. Borough of Woodbine affirming the trial court’s ruling awarding the apartment community reimbursement for cost incurred in the collection of solid waste.

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NJAA Takes to Capitol Hill to Press for Action on Federal Legislative Priorities

NJAA representatives met with Congresswoman Bonnie Watson Coleman, Congressman Scott Garrett, and Congressman Tom MacArthur to highlight the importance of the apartment industry to our national economy.

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NJAA Opposed Bill Requiring Parking Garages to Have Emergency Transport Vehicles Held by Senate Committee

Due to concerns raised by NJAA, the Senate Community and Urban Affairs Committee held S-2104, sponsored by Senator Codey (D-Essex) and Senator Kean (R-Union). As such, there was no vote.

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Helping Those Displaced by the Edgewater Fire

NJAA is thankful for the strong support of its membership in mobilizing to find housing for those displaced by the Edgewater Fire. Please click the link to find out how you can help in restoring the lives of the town’s residents.

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Assistance for Displaced Edgewater Residents

NJAA is making available a list of apartment communities to assist those displaced in the Edgewater fire. Click for additional information.

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