Sepp photography / Shutterstock NJDEP's 'PACT' to Address Climate Change: Potential Impacts on Real Estate Development
At its base level, climate change is a real estate issue, and so land use measures to adapt to climate change are proposed to be addressed by the NJDEP.
April 20, 2022 at 10:00 AM
9 minute read
The Chinese philosopher Confucius is said to have noted that those who do not plan long ahead may one day find trouble at their doors. This aphorism lies at the heart of the potentially forthcoming—but not yet made public—New Jersey Department of Environmental Protection's (NJDEP or "Department") Protecting Against Climate Threats ("NJ PACT") regulations. These regulations have the potential to significantly impact how and where property in New Jersey can be developed.
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