NAIOP NJ PRAISES CHRISTIE ADMINISTRATION FOR SIGNING MORATORIUM ON COAH JOBS TAX

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NEW BRUNSWICK, N.J. – August 24, 2011 – (RealEstateRama) — The New Jersey Chapter of NAIOP, the Commercial Real Estate Development Association, applauds the Christie Administration for signing legislation (S-2974 Lesniak/ Sweeney, A-4221Coutinho/Bucco/Burzichelli) that places a two-year moratorium on the 2.5% non-residential COAH fee (essentially a job-killing tax) for eligible projects beginning July 2011 and ending July 2013

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