Commercial

New Jersey Liquor License Reform Fails to Fulfill Commercial Real Estate Advocates’ Expectations

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Trenton, New Jersey – New Jersey’s liquor license laws, known for being restrictive and expensive, underwent significant changes this week. Governor Phil Murphy signed legislation that increases the number of available liquor licenses statewide and allows for new licenses in municipalities with large malls. This move injects nearly 1,500 licenses into the market, marking the first major reform since the Prohibition era. Despite this change, some groups, including the state’s largest commercial real estate trade organization, argue that the new legislation falls short of what is needed to spur development. Craft breweries and distilleries have … Read more

Law Firm Leasing Surges in 2023, Signaling Potential Turnaround for Commercial Real Estate Market

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NEW YORK — Office leases in New York City were disappointingly small in 2023, signaling a slowdown in the commercial real estate market. While some deals were larger than in the previous year, they still fell short of the record-breaking leases seen in 2019. However, the market made a surprising recovery towards the end of the year, with several significant leases signed in December. The largest lease of 2023 was signed by the white shoe law firm Paul Weiss, who took 765,000 square feet at Fisher Brothers’ 1345 Avenue of the Americas. This lease seemed … Read more

Experienced Litigator Chad Higgins Joins Dentons Portland, Expanding Commercial Litigation Practice in New England and Nationwide

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Portland, Maine – Global law firm Dentons has announced the addition of litigator Chad Higgins as a partner in its Portland commercial litigation practice. With over 20 years of experience in product liability, mass tort, and environmental cases, Higgins brings valuable expertise to the firm. Higgins has a strong track record representing clients in federal and state courts across the United States. His client roster includes food and beverage, energy, consumer products, pharmaceutical companies, and higher education institutes. Notably, he has represented businesses involved in litigation related to per-and-polyfluorinated substances (PFAS) and groundwater contamination linked … Read more