Page 44 - RE-NJ

Craig M. Gianetti Stephen R. Catanzaro Katharine A. Coffey C. John DeSimone
One Jefferson Road
Parsippany, NJ 07054
OUR EXPERTISE
♦ Commercial real estate
transactions, land use and
zoning, environmental,
affordable housing
development and fi nancing,
redevelopment, real estate
fi nancing, joint ventures and
investments
Nicole M. Magdziak Jennifer L. Solberg OUR CLIENTS
Day Pitney represents private and
publicly traded residential developers,
Fortune 500 companies, commercial
and industrial real estate developers,
REITs, institutional investors and other
related businesses on all aspects of real
estate transactions and development.
PROJECT SPOTLIGHT
Clients turn to Day Pitney’s Real
Estate, Environmental and Land
Use (RELU) team for sophisticated
transactions, redevelopment
projects and complex development
applications facing signifi cant local
opposition. The team is at the forefront
of real estate matters across New
Jersey, advising on acquisitions,
land use approvals, fi nancings and
redevelopment efforts. Recent work
includes representing several private
developer and institutional clients in
obtaining warehouse development
approvals, many of which had
signifi cant public opposition, assisting
national homebuilder clients and
private developer clients in major
inclusionary housing developments and
representing a Fortune 500 company in a
headquarters move within New Jersey.
Day Pitney is uniquely positioned to
handle high-profi le and multifaceted real
estate matters in New Jersey. Clients
rely on the fi rm’s deep experience
Todd W. Terhune Peter J. Wolfson Thomas Malman
in managing complex development
projects, extensive knowledge of local
politics and governance and ability
to navigate intricate deal structures.
The team has adapted to the evolving
real estate landscape, focusing
on repurposing and redeveloping
corporate campuses and malls. Day
Pitney’s attorneys also excel at guiding
clients through controversial projects
that attract public opposition, offering
strategic solutions that balance
business objectives with regulatory and
community concerns.
The RELU team, comprised of 16
attorneys in New Jersey and supported
by approximately 40 real estate
attorneys fi rmwide, is recognized
as a leader in land use and zoning.
The attorneys provide sophisticated
and practical advice on zoning,
redevelopment, affordable housing
and environmental matters. The team’s
experience spans commercial, residential
and mixed-use projects, ensuring clients
receive comprehensive legal counsel
tailored to New Jersey’s evolving real
estate market. Day Pitney attorneys hold
leadership roles in key legal and trade
organizations and are frequently quoted
in local and industry media for their in-
depth knowledge, reinforcing the fi rm’s
reputation as a trusted leader in real
estate law.
ON THE HORIZON
Day Pitney’s RELU group in New
Jersey continues to grow based upon
its excellent roster of sophisticated
developers, institutional investors,
REITs and publicly traded companies.
Over the past few years, Day Pitney
has been able to guide clients
on the intersection of outdated,
vacant offi ce and retail buildings
and municipal obligations to
address affordable housing, which
has led to a large number of big
“R” redevelopment and little “r”
redevelopment projects on behalf
of clients. Day Pitney has always
had a strong multifamily residential
development practice, which will only
continue to grow with the Fourth
Round Affordable Housing cycle.
Further, though it is more diffi cult
to obtain development approvals
for new warehouses, activity in the
industrial warehouse market will grow
whether it’s for those that are able
to get new warehouses approved
or rehabilitating existing Class B or
C space to Class A space. Creativity
on the structuring of many of these
deals, including joint ventures, will
also grow given the diffi culties and
costs in redeveloping properties.