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Pressure compounded on banks due to follow-on real estate effects and an 1980s farm crisisagricultural recession in Great Plains states. [60] The elimination of favorable tax treatment for real estate construction in the Tax Reform Act of 1986 also contributed to a slowdown in constructing lending and lowered real estate values.
Washington Rock State Park is a 52-acre (0.21 km 2) scenic state park on top of the first Watchung Mountain in Green Brook, New Jersey. The park is operated and maintained by the New Jersey Division of Parks and Forestry. It is famous for its scenic overlook used by General George Washington in 1777 to monitor troops led by British General ...
Sea Isle City is a city in Cape May County, in the U.S. state of New Jersey.The city, and all of Cape May County, is part of the South Jersey region of the state and of the Ocean City metropolitan statistical area, and is part of the Philadelphia-Wilmington-Camden, PA-NJ-DE-MD combined statistical area, also known as the Delaware Valley or Philadelphia metropolitan area. [19]
Nollan v. California Coastal Commission, 483 U.S. 825 (1987), is a United States Supreme Court decision that ruled a California Coastal Commission regulation which required private homeowners to dedicate a public easement along valuable beachfront property as a condition of approval for a construction permit to renovate their beach bungalow unconstitutional.