Redevelopment of Stranded Assets in 2025

Date: Dec 11, 2025 9:00 a.m. – 12:35 p.m.

Location: Online

Member Price: $159.00

Non-Member Price: $199.00

Section Price: $0.00

Event Code: I156625

Areas of Law: Bankruptcy, Land Use, Real Property, Trust, & Estate

Earn up to 4 credits! (More Information)

Faculty

Keynote

Moderator

Anthony F. DellaPelle, Esq., CRE
McKirdy, Riskin, Olson & DellaPelle, PC, Morris Plains
Matthew S. Krauser, CRE, FRICS
Senior Managing Director, Newmark Valuation & Advisory, Morristown

Presenters

John Barree, AICP, PP
MJ Planning, LLP, Atlantic Highlands
Robert S. Goldsmith, Esq., CRE
Partner, Co-Chair Redevelopment and Land Use Department
Greenbaum Rowe Smith & Davis LLP, Iselin
Ryan Robertson
Senior Director, JLL Capital Markets
George Vallone, CRE
Hoboken Brownstone Company

Join an esteemed panel of practitioners with various backgrounds in the redevelopment industry as they explore timely issues impacting the redevelopment of stranded assets including vacant or underutilized mall and office properties. The panel will explore the statutory framework underlying stranded assets in New Jersey, provide case studies from real-life scenarios, and discuss valuation and tax assessment issues.

In addition, attendees will hear from experts in the brokerage and investment community about the impact of affordable housing and changes to the capital market on redevelopment.

Register today to stay ahead of the curve!

Topics include:

  • Background on the Local Redevelopment Housing Law (LRHL) in New Jersey
  • Use of non-condemnation Area in Need of Redevelopment (AINR) designations
    - Use of PILOTs and other financial incentives
    - Discussion of Malanga v. West Orange Twp.
  • AINR designations of “stranded assets” since 2019, including real-life examples and outcomes
    - Retail properties and malls
    - Office properties
    - Relevant court challenges and decisions
  • Perspectives from the brokerage and investment community
    - Impact of changes in debt markets on redevelopment in New Jersey
    - Intersection of redevelopment and affordable housing
  • Valuation and tax assessment issues
  • Case studies from real-life scenarios

CLE Credits
NJ CLE:NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 4 hours of total CLE credit (Full Credits Available: NJ General: 4.0).
NY CLE (t&nt):NY Professional Practice Non-Transitional: 4.0
PA CLE:PA Substantive Credit: 3.0
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program.

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