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Real Property Co-Chairs Jennifer Phillips Smith and Douglas J. Janacek
OUR CLIENTS
Our clients are innovative developers, property owners and investors undertaking transformative, multibillion-dollar projects, changing landscapes in Newark, Jersey City, Hoboken, Atlantic City, Asbury Park and along the Raritan and Delaware rivers. They’re also industry leaders in other sectors, including health care, manufacturing, logistics and education, looking to further their missions by improving their real estate portfolios or expanding their holdings.
OUR ADVANTAGE
Gibbons offers multidisciplinary services statewide, from Bergen to Atlantic counties and all points in between, addressing all aspects of real estate de- velopment deals. Our team provides a full comple- ment of services to take our clients’ projects from concept to construction and beyond, including:
• Transactional: Purchases, sales, leasing, financing
• Redevelopment: Redevelopment property designation, adoption of redevelopment
plans, redevelopment agreements, financial agreements (PILOTs), special assessment agreements, Redevelopment Area Bonds (RABs)
• Land Use & Permitting: Appearances before planning boards, boards of adjustment, county planning boards, state agencies
One Gateway Center Newark, NJ 07102
YEAR FOUNDED: 1926
NUMBER OF REAL ESTATE ATTORNEYS: 14
AREAS OF EXPERTISE IN REAL ESTATE:
Representing corporations, lenders, owners, developers throughout the region in buying, selling, leasing, financing real estate; zoning, planning, permitting for development, redevelopment, public/private infrastructure projects
• Appeals: Representation in actions in lieu of prerogative writs, Appellate Division and Office of Administrative Law
PROJECT SPOTLIGHT
Gibbons continues to represent Claremont Development LLC on a variety of projects throughout the state of New Jersey. In 2023,
led by Director Andrew Camelotto, Gibbons counseled Claremont on several complex transactional matters involving acquisitions, financing, redevelopment and land use issues.
In particular, a team of Gibbons attorneys represented affiliates of Claremont in connection with forming a joint venture with affiliates of Stanbery Development and PCCP and closing a construction loan for development of a mixed- use community in Parsippany, New Jersey. The project, which will be known as The District
at 15fifteen, will include approximately 498 residential units, 58,866 square feet of retail space, 1,062 parking spaces, an outdoor central plaza and a host of amenities. Gibbons attorneys negotiated on behalf of the client to form
the joint venture and to secure $146.6 million
in construction financing from New York Life Insurance Co. More information on this project can be found at: https://www.district1515.com/.
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