Norris McLaughlin & Marcus, P.A.

Blogs > NJ Real Estate Dispute


Sep 09, 2011

For Those Affected by Hurricane Irene: EDA Will Help Hurricane-Ravaged Businesses Rebuild

On September 6, the NJ EDA approved an emergency measure to make it easier for businesses that were destroyed by Hurricane Irene to receive upfront cash to rebuild while waiting for the insurance money to arrive. The unanimously approved changes to EDA’s Main Street program include an increase in the line of credit from $250,000 to $500,000 for businesses that have insurance, and to have more banks participate in the program, from the current 14 to 44.» Read More

Feb 14, 2011

Commercial Lease Variations

When entering into a commercial lease, one of the more important terms negotiated between the parties pertains to the manner in which the landlord will recoup its operating expenses. After all, commercial landlords are in business to make money. Without addressing its operating expenses, a landlord’s return on investment would be whittled away to nothing. While the more sophisticated players in the industry are thoroughly familiar with the various techniques available, many tenants – and some landlords – are not so well informed.» Read More


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