Blau Appraisal Company, which was
formed in 1990 by Charles and Robert Blau, has deep roots in the
real estate industry in New Jersey. The two brothers, both of whom
are attorneys specializing in real estate tax appeal and
condemnation are the fourth generation in their family that has
been involved in the real estate profession. They have many years
of affiliation with others who have been deeply rooted in the real
estate appraisal sector.
Leslie Blau, age 22, joins his
father's real estate company, Edward Blau Inc. which was formed in
the late 19th century.
Franklin F. Hannoch leaves the firm
of Edward Blau Inc. to become manager of the chain store leasing
department of Louis Schlesinger Company.
Leslie Blau joins the firm of Louis
Schlesinger as vice-president of the chain store leasing
Leslie Blau opens his own real
estate office, Leslie Blau Company.
Leslie Blau after his discharge
from the US Air Corps as a Lt. Colonel is elected president of the
Real Estate Board of Newark.
Colonel Leslie Blau
Commanding Officer Washington National Airport
Franklin Hannoch Jr. joins Leslie
Blau Company as a mortgage loan originator but leaves to join his
father's Real Estate Appraisal Business.
Edward Blau, Les's son, marries
Barbara Goldsmith, niece of George Goldstein, MAI national
president of the American Institute of Real Estate Appraisers.
Edward L. Blau, after serving in
the Korean War, joins his father's real estate business in the
John Lasser joins Leslie Blau, his
father-in-law, in real estate management and subsequently forms
Blau Lasser Appraisal Company.
Edward Blau forms Blau Mortgage
Company. Leslie Blau Company, one of the largest and respected
industrial real estate brokerage operations in New Jersey becomes
a division of the newly created mortgage company.
generations gather here for an informal portrait.
Standing are Edward L. Blau, Leslie Blau and John O. Lasser.
Seated are Mrs. E.L. Blau, Mrs. Leslie Blau and Mrs Lasser.
The children are Robert and Charles Blau, Ellen and Lynn Lasser.
Photo October 1958. Curtesy Suburban Life Magazine.
Edward Blau is elected president of
the Real Estate Board of Newark.
Edward Blau is elected vice
president of the New Jersey Association of Real Estate Boards.
Blau Mortgage Company, including
its 4 offices in New Jersey, Leslie BIau Co., and Blau Lasser
Appraisal Company are acquired by Berg Enterprises, a publicly
traded company with the largest residential real estate brokerage
operation in New Jersey, a small industrial brokerage operation
and Margaretten & Company a small mortgage company. Leslie
Blau Company is merged with the Industrial Department of the Berg
Agency to form The Blau & Berg Company with Leslie Blau as
CEO, John Lasser, MAI and Edward Blau continue to head Blau Lasser
Appraisal Company and Blau Mortgage Co. now subsidiaries of Berg
Blau Mortgage Company is merged
with Margaretten & Company and Edward Blau becomes Chief
Administrative officer and Chief Operating Officer of the combined
companies with 15 branch offices producing residential mortgages
in New Jersey, Florida, Arizona, Nevada and California.
John Lasser,MAI, leaves Berg
Enterprises to form John 0. Lasser Associates, Real Estate
Appraisers and Consultants.
Edward Blau is elected president of
The Mortgage Bankers Association of New Jersey.
Edward Blau receives the Certified
Mortgage Banker designation of the Mortgage Bankers Association of
America. This is the highest professional designation in mortgage
Edward Blau is elected to the board
of Governors of the Mortgage Bankers Association of America.
Edward Blau becomes president of
Margaretten & Company, by then one of the largest mortgage
banking firms in the nation a publicly owned company whose stock
was traded on the NY Stock Exchange. In 1993 the company produced
over 11.5 billion dollars of residential mortgages in 22 states.
Charles Blau, Esquire son of Edward
Blau joins his uncle in John O. Lasser Associates as a real estate
Robert Blau, Esquire
elder son of Edward BIau becomes a Deputy Attorney General of the
State of New Jersey. He is assigned to the Transportation Section
and does condemnation law. Projects include acquisition of the
missing link of I-287.
Robert Blau becomes an associate in
the law firm of Lasser Hochman, a firm known for its real estate
expertise and Skollof and Wolfe a law firm specializing in real
estate tax appeals.
Charles Blau and Robert Blau form
Blau Appraisal Company and Blau & Blau specializing in real
estate tax appeals, condemnations and property valuation.
Charles Blau convinces the New Jersey Tax Court to lower assessment by 82% for vacant land from $1,313,000 to $236,000 because of presence of wetlands. Affirmed May 19th, 1993 by Appellate Division. In Federal Pater vs. East Rutherford
Charles Blau convinces the New Jersey Tax Court to reduce assessment on 3,384.55 acres of land in half from $2,707,700 to $1,338,410. Affirmed September 22nd, 1992 by Appellate Division. In Newark Watershed Corporation vs. Jefferson
Charles Blau convinces New Jersey Tax Court to reduce assessment on 2,188.5 acres of land from $3,725,300 to $2,987,600. In Newark Watershed Corporation vs. Rockaway
Charles Blau convinces the New Jersey Tax Court to reduce assessment on 2,680 acres of land by 30% from $4,556,200 to $3,159,900. Affirmed November 13th, 1995 by Appellate Division. In Newark Watershed Corporation vs. Hardyston
Charles Blau convinces the New Jersey Tax Court to reduce assessment on 1,422 acres of land by 78% from $9,531,300 to $2,024,700. In East Orange vs. Livingston
Charles Blau convinces U.S Bankruptcy Court to reduce 10 years of assessments totaling $90,160,000 to just $11,820,000. In Mocco vs. Jersey City
Charles Blau convinces the New Jersey Tax Court to reduce assessment on minor league baseball stadium from $4,402,800 to $3,437,600. In Millennium Sports Management vs. Frankford
Charles Blau convinces tax court to reduce assessment on corporate headquarters from $35,022,770 to $28,335,700. In Best Foods (CPC International) vs. Englewood Cliffs
Charles Blau convinces jury in trial about breach of contract that despite Court's finding of breach of contract, there were no damages. In Central Paper and Berkowitz vs. Winnerman
Charles Blau convinces U.S Bankruptcy Court that assessment on a 1,000,000 square foot former paper mill located on 100 acres on the Delaware River should be reduced from $7,663,400 to $1,500,000.
In Curtis Papers vs. Milford
Charles Blau helps reduce tax assessment on mall located in condominium complex from $6,250,000 to $3,372,600.
In The Mall at the Galaxy vs. Gutenberg