Murphy Partners LLP secures important preliminary injunction for national developer in a case pending in New Jersey Superior Court.
Murphy Partners LLP, a boutique law firm specializing in commercial real estate and development matters, represents a national real estate development team in litigation over the purchase of land to be developed for large multi-family residential.
After obtaining temporary restraints on an emergency application preventing the seller from setting an arbitrary closing date, marketing, or transferring the property to a third party, the firm obtained the necessary preliminary injunction securing this relief. The Court also ordered that the seller provide access for environmental testing, assist with removal of an easement, and cooperate and approve submission of all site plan applications. The result allows the developer to proceed with approvals and toward closing without further interference from the seller.
Thomas Dolan, Esq., led the firms successful efforts on behalf of the development team. Please feel free to contact him directly at (973) 803-9758 or firstname.lastname@example.org with any questions related to commercial real estate litigation.
MURPHY PARTNERS LLP
Murphy Partners LLP is a boutique law firm specializing in commercial real estate and development matters. With offices in Newark, New Jersey and New York City, the firm was founded to provide effective, efficient, and creative legal services to meet the distinctive needs of our clients. Through the development of comprehensive legal strategies, our team works tirelessly to create a blueprint for success and advance our clients’ interests in every matter.
NEWARK, NJ, January 14, 2019 — Murphy Partners LLP is pleased to announce that Thomas S. Dolan will be joining the firm as a partner and will lead the firm’s Property Tax Appeal and Litigation practice groups.
Tom has a wealth of experience advising taxpayers and governmental entities on complex real property tax issues and has litigated the value of virtually all property types, including office buildings, retail stores, shopping centers, apartment buildings, industrial facilities, hotels, and unique special purpose properties. He also has extensive experience litigating complex commercial matters in state and federal courts, including class actions, franchise litigation, state tax controversies, commercial contracts, and real estate disputes.
Additionally, Tom has considerable expertise advising non-profit organizations on obtaining and litigating real estate tax exemptions, including arguing before the Supreme Court of New Jersey, where he successfully represented a group of national and local mental health organizations in preserving property tax exemptions for housing for residents with developmental disabilities.
As a valued advisor on Long Term Tax Exemptions and Payment In Lieu of Tax (PILOT) agreements, Tom will represent both redevelopers and municipalities through all aspects of the PILOT approval process, from obtaining the proper redevelopment area designation to negotiating and finalizing the terms of the tax agreement.
Prior to joining the firm, Tom was a commercial litigator at the prominent national law firm Lowenstein Sandler LLP, where he litigated a wide array of complex commercial matters in state and federal courts across the country. Tom later worked at Skoloff & Wolfe, PC, where he represented taxpayers and municipalities in property tax litigation and advice.
Tom received his law degree from Rutgers School of Law, and his undergraduate degree, summa cum laude, from Rutgers University.
“We are incredibly excited to have Tom join our growing team. He is a seasoned attorney, with significant experience handling complex real property tax and commercial litigation matters and will prove to be a valuable asset to our existing and future clients. His experience will be instrumental in our continued commitment to providing clients with effective legal solutions,” says Kellen F. Murphy, the firm’s managing partner.
“I am privileged to be joining the talented group of attorneys at Murphy Partners. In a short time, they have distinguished themselves as leaders in the areas of real estate and redevelopment. I am looking forward to contributing to the firm’s continued excellence and its growth in the areas of commercial litigation and real property taxation,” says Thomas S. Dolan.
Murphy Partners LLP is a boutique law firm specializing in real estate, development, and economic incentive advisory. With offices in Newark, New Jersey and New York City, the firm was founded to provide effective, efficient, and creative legal services to meet the distinctive needs of our clients. Through the development of comprehensive legal strategies, our team works tirelessly to create a blueprint for success and advance our clients’ interests in every matter.
On Monday, Governor Murphy outlined his plan for revamping New Jersey’s main incentive programs, including the Grow New Jersey Assistance Program (Grow NJ) and the Economic Redevelopment and Growth (ERG) Program, which are set to expire in July of 2019. While the creation of any new program will require new legislation, this is the first step in a process that will likely result in new incentive programs for businesses and developers.
The NJ Forward Tax Credit Program (NJ Forward) will likely take the place of Grow NJ as the State’s main job attraction incentive program. As proposed, NJ Forward will focus primarily on high-wage, high-growth sectors, including life sciences, information and high tech, clean energy, advanced manufacturing, advanced transportation and logistics, finance and insurance, and food and beverage. While the report does not outline specific programmatic details, it states that the proposed program will:
Increase focus on global/U.S. headquarters, R&D activities, and foreign direct investments
Prioritize new job creation rather than retained jobs
Encourage job creation in urban centers and other distressed communities, particularly those with public transit assets
Include an annual award cap and review to ensure fiscal sustainability and transparency
Feature lower base per-job credit amounts more in line with neighboring states, as well as more focused bonuses that ensure the administration’s policy goals
Limit transfers of credits to ensure that job-creating companies reap the primary benefits of taxpayer investment
Reward companies that invest in employee skill development and training