Page 30 - RE-NJ

Professional Spotlight
GREENBAUM, ROWE,
SMITH & DAVIS LLP
Jack Fersko
Co-Chair, Real Estate Practice
Sean McGowan
Co-Chair, Real Estate Practice
Robert S. Goldsmith
Co-Chair, Redevelopment & Land
Use Practice
Steven G. Mlenak
Co-Chair, Redevelopment & Land
Use Practice
OUR EXPERTISE
♦ Acquisition, sale, leasing,
financing transactions
♦ Redevelopment, land use
and zoning
♦ Environmental
♦ Downtown revitalization
♦ Energy & renewable resources
♦ State & federal incentives
♦ Construction contracting
♦ Real estate litigation
OUR CLIENTS
Our clients include real estate
developers, property owners,
investors, lenders, businesses
and public entities engaged
in commercial, industrial and
multifamily residential real estate,
redevelopment and transformative
infrastructure projects throughout
New Jersey. We represent buyers,
sellers, lenders, borrowers,
landlords, tenants, investors,
entrepreneurs and public and
private REITs in both routine
and highly complex real estate
transactions. Our experience
encompasses all sectors of the
commercial market.
PROJECT SPOTLIGHT
Our team represents The Lions
Group, a family-owned real estate
development, construction and
property management firm, in
connection with a transformational
mixed-use redevelopment at
Journal Square in Jersey City.
Greenbaum secured $90 million
in tax credits under New Jersey’s
Aspire program and $13 million in
Low-Income Housing Tax Credits
for the project, a 34-story, 360-
unit residential tower featuring
ground-floor retail space and a
public pedestrian connection to
the Journal Square PATH station.
The firm’s role in the project
includes environmental remediation
oversight, structuring and
negotiation of residential master
leases, financing of approximately
$300 million with a global financial
institution and preparation
of condominium formation
documents.
ONE MORE THING
In real estate and
redevelopment matters, early
legal involvement is often a
significant time and money
saver. We encourage clients to
engage us at the outset of a
project so we can help shape
strategy, identify regulatory
and environmental issues
before they slow approvals and
align financing, land use and
redevelopment requirements
from the start. This front-
end planning reduces delays,
limits rework and avoids costly
surprises.
Our real estate team
works seamlessly with our
environmental, litigation, land
use and regulatory lawyers to
ensure that every aspect of
a project is coordinated and
protected against potential
risk. This integrated, full-service
approach allows us to anticipate
challenges, resolve disputes
efficiently and keep complex
developments on track.
75 Livingston Avenue
Roseland, NJ 07068