Assemblyman Jim Kennedy answered that very question last week, raising the need for liquor license reform and highlighting what has become been a top priority for New Jersey’s commercial real estate sector. Licenses can be especially scarce in some municipalities because they are based on population counts from decades ago, he said, meaning it could cost more than $1 million for a developer or a business to acquire one.
Click here to read more
Article from Real Estate NJ
By Joshua Burd
*TSCPIX thanks the Otteau Valuation Group for providing the links to these articles