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Recently I have been presented with clients dealing with options to renew a commercial lease. Usually these options are exercised by the Tenant with no real dispute. However, in one case the language to renew stated that the tenant had to “give written notice to renew within 60 days of the end of the lease” Well, at the end of the original lease term, when the tenant went to pay the rent the landlord refused the rent stating that the tenant had not renewed the lease within 60 days and that he was going to double the rent. The tenant promptly gave written notice that he was going to renew the lease; it was 20 days after the lease ended, but while the tenant was still in possession.

The question is what does “within” mean? In this case the landlord drafted the rider to the lease which contained this language. Since the renewal of the lease is for 10 years the definition of the word “within” is literally a million dollar question. This is a perfect example of how important precision in language is in contractual agreements. Since the word “within” can mean both before and after the lease ending date, the tenant will most likely win, especially since there are other words that could have supported the Landlord’s intention such as prior, before or preceding.

CIMG7967.JPGAs we all know, along with the month of November comes one of our favorite days of the year. No, not Thanksgiving, ELECTION DAY! In the recent election on November 6th, voters were asked to decide whether creating new parks and athletic fields in Hoboken was a good idea or not. The majority of voters chose to vote yes, which will enable the Hoboken City Council to create a trust fund for the purpose of constructing these new parks. This fund will be a local Open Space Trust Fund and it will allow Hoboken to access 75% matching grant funds from state Green Acres as well as create opportunities for substantial funding from other sources.

Here are some highlights of the new law:

•The Hoboken Open Space Trust will be funded by a new annual levy on owners of

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Happy New Year !!!

Usually, the action down by my office, near the Path Train, in a nonstop hustling moving place so when things appear quiet, it is noticeable and for a reason. Today, there was parking on the street, no lines in the stores and then I saw the headline “Happy New Year 5767” Hoboken is home to a growing Jewish population, as is evident by the quiet in the streets. I know that the Hoboken Synagogue is home to a very active and growing community and may it continue to grow and prosper. With all the turmoil and heartache in the Middle East over the past year, lets hope against hope that the next year brings peace to Israel and logic to the whole region.

Zoning – you hear that word all the time, but what does it mean?

Well, basically every city in New Jersey has to have a zoning map that designates the nature and the density of buildings and uses within the different areas. This is necessary since it would cause chaos if there weren’t any control within the municipalities to regulate the character and use of property. For example, if density was not controlled within areas people would continue to build higher and denser which could become a real detriment to the city.

But who controls this ? Local governments do this by creating a “master plan” and by making local laws that implement this plan.The master plan in Hoboken is initially set by the planning board which is then put into law by the city council. The plan is developed to control growth and development. Because the specific pieces of a property may be unique, there is also the Hoboken Board of Adjustment which allows for adjustments from the strict terms of the master plan if reasons can be proven as to why the deviation from the master plan will not negatively impact the city.The zoning laws are enforced by the zoning officer and the building inspector of Hoboken. And if a person violates the zoning laws, the punishment can be severe and costly. The most egregious example of a zoning violation was when years ago, someone constructed a building on 3rd and Hudson and added 2 floors above what was allowed and for what they were permitted to do. The penalty was “take it down brick by brick and restore it to the correct height”.When we hear of zoning now a days it usually involves all the big developers creating all these big units but it can also have an immediate effect on regular condo and home owners. One of the most confusing areas in zoning for condo owners is permission to built the roof deck. Zoning also affects such things as: setbacks (the minimum distance away from streets or sidewalks that structures may be built), types of structures allowed, style & appearance of structures, lot sizes and much, much more. Because Hoboken is subject to such major zoning developments, the costs involved for a regular application for a small variance to an existing zoning rule, can often be more than the cost of the actual work.

Simply put, a contract is a promise enforceable by law. So in order for a contract to exist, there must be both an agreement and a resulting legal obligation.

In New Jersey, real estate contracts are governed by the Statute of Frauds. Two sections of the Statute are vital in the transfer of real estate in NJ:

NJSA 25:1-12, writing requirements, leases.

In what could be a precedent-setting decision, the Hoboken Rent Leveling Board ruled last Wednesday night that Toll Brothers, a development company that is converting the 525-unit Hudson Tea Building into condominiums, is not eligible to keep bucking the city’s rent control law like the former owner did. The ruling came after Raul Perez, a renter at the Tea Building at 15th and Washington Street, officially challenged his rent. Even though Toll Brothers is converting some of the lofts to condos, renters may stay indefinitely. But Perez argued that Toll Brothers was de facto evicting his family through excessive rent increases. The board sided with Perez and ruled that Toll Brothers could only charge market rents that increase with annual federal cost of living increases, normally 2 or 3 percent.

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