Page 28 - RE-NJ

26 SEPTEMBER 2024
PEOPLE ON THE MOVE
TAX CREDITS,
INCENTIVES EXPERT
PYTKA JOINS MSW
Murphy Schiller & Wilkes LLP has tapped Brendan Pytka as its director of tax credits and incentives,
further bolstering the law firm’s offerings for commercial real estate developers.
In his new role with the Newark- based team, Pytka will assist clients in assessing their financing strategy
in development activity across a range of product types including office, residential and retail.
Most recently, Pytka ran a consulting and research firm that assisted clients across the country in analyzing and executing their real estate investment strategies.
“Adding Brendan to our tax credits and incentives group will provide
a critical resource as our clients navigate government tax credits, incentives and other forms of nondilutive capital in a difficult financing market,” said Chris J. Murphy, a founding partner of MSW and chair of its tax credits and incentives practice group. “As a firm, we have been considered a leader in the tax credit space since launching eight years ago. Adding Brendan to our already dynamic team is like throwing fuel on the fire. I am really excited to have him join the team.”
MSW, a boutique law firm specializing in commercial real
estate and development, noted that it has sought to be creative in the services it offers to clients. Pytka’s hiring follows the addition last year of Christopher Watson, the former director of planning for the City
of Newark, as its own director of planning and development services, bringing another ancillary service from a non-attorney for clients as they work with some of the state’s top commercial real estate lawyers.
Pytka graduated from The
Wharton School of the University
of Pennsylvania with a focus on finance, real estate and business and public policy, MSW said. He then joined J.P. Morgan as a member of the mergers and acquisitions team in New York and London.
MSW added that Pytka has significant experience structuring complicated real estate transactions, incorporating various financing incentives, including Historic Tax Credits, New Market Tax Credits, Low-Income Housing Tax Credits and subsidies through the New Jersey Economic Development Authority, including the Aspire tax credit program.
VALERI NAMED
ENVIRONMENTAL
CO-CHAIR AT CSG
Chiesa Shahinian & Giantomasi PC has tapped John G. Valeri Jr. as the newest chair of its environmental law group, placing him at the helm of the practice alongside Dennis M. Toft.
Valeri, who was a practice group leader before
his elevation to
chair, has more
than 30 years
of experience
advising on
state and federal
environmental
laws and
regulations,
including obtaining permits and approvals involving multiple environmental media for complex projects, CSG Law said. Before joining the Roseland-based firm, he was the acting general environmental counsel in PSEG Services Corp.’s Office of Environmental Counsel.
CSG, meantime, announced that Michael K. Plumb will serve as the environmental team’s new practice group leader.
Brendan Pytka
more than 15 years of experience in real estate development and finance, including positions with a company in Newark where he was involved in more than $100 million
and obtaining the necessary incentives
to realize challenging and transformative development projects, MSW said. He comes to the firm with
John G. Valeri Jr.
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