Smart Growth refers to urban design and transportation planning agendas which its adherents believe create vibrant, high density urban centers with an ever decreasing dependency on the automobile. Smart Growth is promoted as a panacea for an increasingly wide range of urban and social challenges, with its agenda now permeating many of the planning departments […]

In 2013, a New Jersey appellate court temporarily ended the long standing debate of whether a statute of limitations applies to contribution claims brought under the State of New Jersey law which governs liability for the cleanup of environmental contamination, the New Jersey Spill Compensation & Control Act (the “Spill Act”). In Morristown Associates v. […]

Making a Living, Making a Life  By Daniel Rose, CRE (©2014, Half Moon Press, 366 pages) Daniel Rose, CRE, has had an extraordinary business career including developing Pentagon City in Washington, D.C., and One Financial Center in Boston. He developed Manhattan Plaza for the Performing Arts in New York City. He is not only an icon […]

The real estate appraisal profession has for years discussed various types of ownership interests in real property that can be valued. Of these, the leased fee and the fee simple have drawn significant attention as to their proper use in various appraisal assignments. What this article presents is a fresh view on the topic of […]

Placemaking: Innovations in New Communities by Mahlon ‘Sandy’ Apgar IV, (ULI, 2014), 35pp, with Appendix Mahlon ‘Sandy’ Apgar IV, CRE, joins a continuing discussion on the effort to create healthier, sustainable living environments that enhance the social and economic well-being of those who reside within them. The literature has been fairly extensive, particularly over the […]

No one wants to pay taxes! Certainly this statement reflects the feeling of most taxpayers, be they connected with real estate or otherwise. Thus, as the title to this Note reflects, if there is a “legal” approach to avoid paying taxes at ordinary income rates, this topic should create excitement for most taxpayers. But, it […]

by Thomas Piketty (© 2014, Harvard University Press, 696 pages) REVIEWED BY MAHLON APGAR IV, CRE, FRICS By the time readers have read this, Capital in the 21st Century will have become its publisher’s most popular title ever. Author Thomas Piketty already has emerged from relative obscurity in the French Academy to become an international […]

INTRODUCTION The rise in vehicle sales has brought about a recovery in the auto industry. While this has a generally positive influence on the value of the real estate from which dealers operate, the ramifications of the industry’s recovery on landlords is somewhat complex. Understanding how the boom in an industry can have negative consequences […]

Winter 2014, Vol. 39, No. 3 Abstract: The rise in vehicle sales has brought about a recovery in the auto industry. While this has a generally positive influence on the value of the real estate from which dealers operate, the ramifications of the market’s recovery on landlords is somewhat complex. Since the recession, manufacturers have been […]