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Abandoned Property Redevelopment

Burr & Forman

South Carolina Extends and Increases the State Abandoned Buildings Revitalization Tax Credit

Burr & Forman on

On May 20, 2024, South Carolina Governor Henry McMaster signed into law S.1021, a new law that extends and increases tax credits available to taxpayers who rehabilitate or renovate an existing, abandoned building. The new law...more

Maynard Nexsen

South Carolina Abandoned Building Incentives at Risk of Going Away

Maynard Nexsen on

Mark Harmon, Nexsen Pruet Government Affairs Advisor, discusses upswings and downswings in the economy and how those downswings often result in the departure or closure of businesses, and subsequently, the abandonment of...more

Cole Schotz

Stemming the Blight: New Jersey Supreme Court Affirms Eminent Domain Powers

Cole Schotz on

The New Jersey Constitution provides for taking of blighted property for the purposes of development, redevelopment or to clear such property of blight. ...more

Burr & Forman

FDEP Touts the Success of the State’s Brownfields Redevelopment Program

Burr & Forman on

Florida Department of Environmental Protection (FDEP) touts the success of the State’s Brownfields Redevelopment Program. Since its inception in 1997, Florida’s Brownfields Redevelopment Act ( Florida Statutes Sections...more

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