Morristown Epsteins Rehabilitation Plan
Radburn Plaza Building, Fair Lawn NJ
Asbury Park rendering by ___ Architects
Development Strategies
Phillips Preiss assists private and public property owners in devising development and redevelopment strategies based on an evaluation of economic, market, physical and policy factors. Examples include repositioning aging commercial properties for mixed-use redevelopment, assessing the adaptive reuse potential of historic structures and advising property owners on the feasibility of obtaining a rezoning or variance.
Market Feasibility
Phillips Preiss performs feasibility assessments to help clients identify market opportunities and evaluate the viability of specific projects, plans and economic development strategies. These studies help ensure that clients’ plans and projects are realistic.
Condemnation
Phillips Preiss works on behalf of both private property owners and public agencies in eminent domain proceedings to provide expert planning and market evaluations of taken properties before the courts. Our services include:
- Advisement to agencies and property owners on land use issues affecting negotiations and potential litigation.
- Preparation of expert planning reports for use by agencies and property owners in negotiations and litigation.
- Appearance and the provision of expert testimony before Commissioner’s hearings; and where property acquisitions are subject to litigation, in New Jersey courts.
Phillips Preiss’ services have provided the basis for fair and equitable valuation of property, resulting in voluntary settlement between “taking” agencies and property owners; or where litigation has ensued, have provided the courts with a basis for informed rulings on value.