The Impact of COVID-19 on 2021 Property Tax Assessments

David Wolfe, Skoloff & Wolfe, P.C. co-managing partner, recently was a guest on The Morning Spotlight, a new podcast that tackles hot topics in the NJ real estate industry. The conversation centered on subjects relevant to commercial property owners in the age of COVID-19, such as being prepared with an action plan and experienced legal… Read more »

In 2021, A Looming Threat for Multifamily Investors

As tumultuous as 2020 has been, 2021 may be even worse for many multifamily real estate owners and investors. “Property owners need to be aware that in addition to taxes going up [in 2021], they can be sued by municipalities,” said David Wolfe, Esq. during CAPRE’s Multifamily Leadership Roundtable on Thursday, October 29, 2020. The… Read more »

How Golf Courses Can Ace Their Property Tax Appeals

golf course property tax appeal

By David Wolfe, Co-Managing Partner, and Vincent Ferrer, Associate, at Skoloff & Wolfe, P.C. (Livingston, N.J.) For golf courses and country clubs, property taxes can end up being one of their largest annual expenses. Many have begun considering a challenge to their tax assessments, especially now—in the age of COVID—when revenue from events, member fees,… Read more »

David Wolfe, Esq. Moderates National Panel on Multifamily Real Estate Investment at CAPRE’s 2021 Multifamily Leadership Roundtable

Pandemics. Politics. Profits. The year 2020 has seen chaos caused by all three. And on Thursday, October 29, 2020, professionals in the multifamily real estate industry came together to weigh in on just how impactful these will be in 2021. David Wolfe, Esq., served as moderator for the nationally-broadcasted panel “Capital Markets for Multifamily: Debt,… Read more »

Jersey City Commercial Property Owners: Targets of Property Tax Increase Cases

As we wrote earlier in 2020, Jersey City, N.J., is now aggressively pursuing commercial property owners with reverse appeals designed to increase assessments and corresponding property taxes. Despite recently completing a revaluation in 2018, Jersey City is selectively challenging assessments on vacant land, multifamily, and industrial properties. This new initiative is in full swing and… Read more »