Working seamlessly with our Tax Practice Group, we counsel clients on all tax aspects of their real estate deals, including structuring like-kind exchanges of real estate. Clients also benefit from our experience negotiating minimized realty transfer fees in transactions and payment in lieu of taxes (PILOT) agreements in redevelopment projects. Maximizing our clients’ business goals, while minimizing legal risks and transaction costs, drives our integrated approach to structuring real estate ventures.
Our team has a demonstrated record of achieving successful results for clients who seek to appeal or to strategically minimize their property tax liability. Clients benefit from our experience in navigating the procedures for reducing property assessments, negotiating tax abatements and exemptions for qualified taxpayers, as well as securing incentive packages for relocating businesses.
A unique combination of tax law knowledge, including an “insider’s” understanding of the New Jersey Tax Court, and our seasoned real estate experience affords our team a high degree of efficiency in managing the entire appeal process from start to finish.
We frequently represent clients in real estate tax appeals of all varieties involving commercial, industrial, residential and special-use properties, including:
- Commercial tax appeals on apartment buildings, industrial buildings, warehouses, hotels and motels and office buildings, among others
- Exemption appeals on properties owned and/or operated by nonprofit organizations such as charities, educational facilities and hospitals
- Residential property tax appeals on individual primary residences, condos and beach houses