MSW’s Chris Murphy and Matthew Schiller Named to ROI-NJ’s 2023 Influencers: Real Estate List

Murphy Schiller & Wilkes LLP (MSW) is pleased to announce that Chris Murphy and Matthew Schiller have been named to ROI-NJ’s 2023 Influencers – Real Estate List. The list contains influential “power players” helping to shape New Jersey’s real estate industry. In recognizing the firm, ROI-NJ stated the following: “It’s time to stop calling them an up-and-coming firm. Murphy, Schiller and the rest of the team are major players in Newark and North Jersey.”

The full list can be found here.

Perfect timing: The importance of the Aspire Tax Credit Program in a changing commercial real estate market

In 2020, the New Jersey Legislature passed the Economic Recovery Act of 2020, which among other things created the Aspire Tax Credit Program, the successor to the Economic Redevelopment and Growth (ERG) Program, formerly the state’s main real estate development incentive program. As designed, Aspire would become New Jersey’s main real estate focused tax credit program, helping developers close financing gaps through the issuance of tax credits for eligible projects. Qualifying projects may be eligible for tax credits equaling between 50 and 80 percent of eligible project costs, with awards further limited to between $60 million and $400 million (per project or phase of a project), depending on multiple factors.

Originally published on RE-NJ by Joshua Bird. Read more at the link here.

MSW Recognized as a Metro Tier 1 Law Firm in Real Estate Law

Murphy Schiller & Wilkes LLP (MSW) is proud to announce that the firm has been recognized by U.S. News & World Report—Best Lawyers® “Best Law Firms” as a Metro Tier 1 law firm in Real Estate Law.

From the U.S. News – Best Lawyers® “Best Law Firms” 2024 Publication:

“Achieving a tiered ranking in U.S. News – Best Lawyers® “Best Law Firms” signals a unique combination of quality law practice and breadth of legal expertise. Ranked firms, presented in three tiers, are recognized on a national and regional-based scale. Firms that received a tier designation reflect the highest level of respect a firm can earn among other leading lawyers and clients from the same communities and practice areas.”

For more information, please visit the website here.