Page 34 - RE-NJ

George L. Garcia
Co-Chair, Real Estate and Land Use Group
W. Nevins McCann
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 fi nancial 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
Brookfi eld 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 fi rst acquired it. Back then,
when the real estate comprised
four commercial properties and
OUR ADVANTAGE
Connell Foley’s award-winning
team has unrivaled experience
in land use and development,
redevelopment, leasing,
fi nancing, workouts and
restructuring, tax abatements
and condemnation/eminent
domain. With a long history of
advising on New Jersey’s most
signifi cant and high-profi le real
estate projects, we have been
involved in major ventures valued
56 Livingston Avenue
Roseland, NJ 07068
OUR EXPERTISE
♦ Land use, permitting and
approvals; development;
redevelopment; acquisitions
and sales; leasing; fi nancing;
condemnation/eminent
domain; investment funds;
workouts, restructurings and
foreclosures; tax appeals and
tax matters
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.
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 confi dent
that we’ll continue to lead
the way in the Garden State’s
development for years to come.