AT A GLANCE
56 Livingston Avenue
Roseland, NJ 07068
OUR EXPERTISE
Land use, permitting and approvals; development; redevelopment; acquisitions and sales; leasing; financing; condemnation/eminent domain; investment funds; workouts, restructurings and foreclosures; tax appeals and tax matters
Co-Chair, Real Estate and Land Use Group
Co-Chair, Real Estate and Land Use Group
OUR CLIENTS
With nearly 40 attorneys practicing in our Real Estate and Land Use Group, Connell Foley has the depth and experience to represent the full range of businesses and individuals with commercial real estate interests in New Jersey. From major national developers to financial institutions, private investment funds, public entities and business owners, our clients are sophisticated real estate investors who possess stakes in a wide variety of property types. We devise tailored plans, navigate regulatory hurdles and facilitate the successful completion of our clients’ projects, which include some of the most exciting and unique development opportunities in today’s real estate world.
PROJECT SPOTLIGHT
Answering the call for more quality housing in Jersey City, longtime client G&S Investors and its development partner Brookfield Properties broke ground on a new phase of a mixed-use project. The latest plan to transform a well-known retail property, the project consists of an 802-unit luxury apartment tower that will be anchored by a new ShopRite, a supermarket that has served the community for three decades. Known as Hudson Exchange, the project began with two completed, 36-story luxury apartment towers with 850 residential units, 20,000 square feet of retail space and 450 parking spots.
Both Connell Foley and G&S have been involved with the evolution of the space since the 1990s, when G&S first acquired it. Back then, when the real estate comprised four commercial properties and space dedicated to parking, G&S asked Connell Foley to assist with a deal with NJ Transit to install a light rail station on the site. A second-generation redevelopment, the newest phase of the Hudson Exchange project will provide the entrance to a public park to be built on an elevated rail line. This considerably large and complicated venture has involved land use, planning, redevelopment, litigation, subdivision and many more elements of real estate law and counseling.
OUR ADVANTAGE
Connell Foley’s award-winning team has unrivaled experience in land use and development, redevelopment, leasing, financing, workouts and restructuring, tax abatements and condemnation/eminent domain. With a long history of advising on New Jersey’s most significant and high-profile real estate projects, we have been involved in major ventures valued at over $1 billion each, including the development of several noteworthy multiphase projects, a multibillion-dollar statewide energy infrastructure upgrade and many other sophisticated endeavors. Our ability to identify opportunities, tackle challenges and close complex deals distinguishes us from the competition, and we’re confident that we’ll continue to lead the way in the Garden State’s development for years to come.
