Page 48 - RE-NJ

Windels Marx lawyers (top row, from left) Tony Coscia, Chuck Liebling and Julie Tattoni; and (bottom, from left) Michael
Brenna, John Bitar and Bill LaFave
OUR CLIENTS
We represent developers (both
for-profi t and not-for-profi t), fi nancial
institutions and governmental
entities in a wide array of
development and redevelopment
projects in New Jersey and New
York, as well as property owners on
leasing and fi nancing matters. Our
attorneys have signifi cant experience
in representing developers before
governmental agencies in the
development and redevelopment
process, and we regularly assist
our clients in structuring innovative
fi nancing arrangements to make
redevelopment possible, including
through the use of tax credit
incentives, an area of expertise in
which we are a leader.
TRANSACTION
SPOTLIGHT
2024 / 2025 continues to be
very active for complex and
transformational projects
throughout the state. We’re
proud to have contributed to two
projects, in particular, that have
made headlines in both Newark
and New Brunswick, respectively.
The New Jersey Performing Arts
Center campus redevelopment
— a 6.1-acre neighborhood
including residential, retail, arts
and culture, entertainment and
public space — closed under our
guidance in December 2024. This
is a highly complex multiparty land
transaction, including multiple joint
ventures, construction fi nancing
and Aspire tax credit sale. In New
Brunswick, the HELIX project
is dominating the skyline and
CREATIVE SOLUTION
The creative integration of New
Jersey Economic Development
Authority tax credits into
signifi cant redevelopment projects
has been a major component
of our recent representations.
While the law will accommodate
complex ownership and capital
structures, working with clients
to accomplish their business
120 Albany Street Plaza,
Floor 6
New Brunswick, NJ 08901
OUR EXPERTISE
♦ Acquisitions and sales
♦ Development and land use
♦ Redevelopment
♦ Tax credit incentives
♦ Leasing
♦ Construction
♦ Joint venture/equity
investments
♦ Real estate fi nance
♦ Litigation
headlines. The project includes
numerous redevelopment issues
— land acquisition, tax credits,
redevelopment agreements,
bond fi nancing, public-private
partnerships, private joint
ventures, collaboration with
multiple major educational, health
care and academic institutions,
environmental remediation and
others. Complexity, creativity
and innovation are distinguishing
characteristics of our work, and
we’re proud to have a hand in
these projects and so many more.
objectives while meeting the legal
requirements of the programs has
necessitated the development
of sophisticated legal and
fi nancial solutions. We expect to
remain at the forefront of legal
representation for clients applying
for Aspire tax credits while also
utilizing our expertise on projects
under the NJEDA’s new CAFE
(Cultural Arts and Facilities
Expansion) program.