Bob Klausner of Fox Rothschild in Morristown is one of the top real estate lawyers in the state.
We asked him about the impact of Gov. Phil Murphy’s administration on the sector.
“I don’t see a major change in behavior for real estate developers because of Murphy. I still think it’s business as usual. But that could change. The industry wants more clarity on incentives. So, I think people are cautious, but it’s not changing the bottom line yet. There hasn’t been any legislation going on to make people’s fears go from the subconscious level to the conscious level.”