Tagged: Transactional Real Estate & Leasing

Funding Available for Site Remediation in New Jersey 0

Funding Available for Site Remediation in New Jersey

On December 18, 2013, Susanne Peticolas, a Director in the Gibbons Real Property & Environmental Department, moderated a panel, “There May Be Money for Your Client for Site Remediation,” sponsored by the New Jersey Bar Association’s Environmental Law Section. The program focused on the Hazardous Discharge Site Remediation Fund (“HDSRF”). Michael Deely, Supervisor for NJDEP’s HDSRF program, cheered the audience by reporting that the long depleted fund once again has money for site remediation grants and loans.

Legislature Contemplates Extension of Moratorium on Statewide Non-Residential Development Fee 0

Legislature Contemplates Extension of Moratorium on Statewide Non-Residential Development Fee

At the end of last week, the New Jersey State Senate (“Senate”) introduced Bill S3116 that proposes to continue the moratorium on the statewide non-residential development fee (the “Fee”) that expired on July 1, 2013. Since July 1, 2013, developers and land use attorneys have been in a state of flux with regard to whether the fee applies to development projects. If passed, this legislation would extend the moratorium to December 31, 2014.

Gibbons Real Property & Environmental Department Ranked in 2014 Best Law Firms 0

Gibbons Real Property & Environmental Department Ranked in 2014 Best Law Firms

Gibbons P.C. is proud to announce that five practices within its Real Property & Environmental Department have achieved national and metropolitan rankings in the 2014 edition of Best Law Firms, published by U.S. News and Best Lawyers®, the oldest and most respected peer-review publication in the legal profession. In addition, 11 attorneys in the Department have been individually ranked.

Gibbons Russell Bershad Named Among Top 5 Real Estate Attorneys in New Jersey by the News Funnel 0

Gibbons Russell Bershad Named Among Top 5 Real Estate Attorneys in New Jersey by the News Funnel

Russell B. Bershad, Co-Chair of the Gibbons Real Property & Environmental Department, has been named among the Top 5 real estate attorneys in New Jersey in a recent FunnelCast survey conducted by The News Funnel. Mr. Bershad has previously been recognized as a leading Real Estate lawyer by his peers in such publications as New Jersey Super Lawyers, Chambers USA Guide to America’s Leading Business Lawyers, and Best Lawyers in America.

From Ink to Occupancy – Part Three: Land Use Due Diligence – The Title Myth 0

From Ink to Occupancy – Part Three: Land Use Due Diligence – The Title Myth

As the third installment in the series, “From Ink to Occupancy, A Game Plan for a Successful Real Estate Project,” stemming from the Gibbons Women’s Initiative Seminar Series held in May, this blog addresses the question of whether title review alone is sufficient for purposes of ascertaining what restrictions are in place for a property being acquired. The simple answer is NO. All too often commercial buyers anxious to close on a property take shortcuts and limit their due diligence to title review as opposed to conducting land use due diligence. This blog explains why, particularly in New Jersey, it is critical to conduct land use and zoning due diligence in addition to title review prior to the acquisition of a property, so that you can be fully aware of any potential restrictions impacting the property.

Gibbons Real Property & Environmental Department Featured in 2013 Chambers Edition 0

Gibbons Real Property & Environmental Department Featured in 2013 Chambers Edition

The 2013 edition of the Chambers USA Guide to America’s Leading Lawyers for Business features the largest number of Gibbons practice areas (10) and individual attorneys (26) ever ranked in the top tiers of this publication. The firm has appeared in the New Jersey section of the Chambers guide since its inception and this year has broken into the New York rankings as well.

Jennifer Porter Discusses “Game Changer” of Her Career 0

Jennifer Porter Discusses “Game Changer” of Her Career

Gibbons Real Property & Environmental Director Jennifer M. Porter was recently featured in New York Real Estate Journal’s “Women in Real Estate” spotlight section. This spotlight discusses different aspects of Ms. Porter’s career and her most daring career move, joining Gibbons for an opportunity to devote her practice entirely to real estate development in the tri-state area. She also discusses which project was a “game changer” in the advancement of her career.

Gibbons Real Property & Environmental Lawyers Listed as Leaders in Their Fields 0

Gibbons Real Property & Environmental Lawyers Listed as Leaders in Their Fields

Thirteen lawyers in the Gibbons Real Property & Environmental Department were listed by New Jersey Super Lawyers and New Jersey Super Lawyers Rising Stars as leaders in their fields for 2013. In addition, Department associate Uzoamaka N. Okoye was featured in a Rising Stars spotlight, in which she discusses her background and her reasons for becoming a lawyer. Overall, 80 lawyers in the firm were featured in these two publications.

Russell Bershad to Speak at Upcoming RealShare New Jersey Conference 0

Russell Bershad to Speak at Upcoming RealShare New Jersey Conference

Russell B. Bershad, Co-Chair of the Gibbons Real Property & Environmental Department, will serve as a panelist at the upcoming RealShare New Jersey Conference on Wednesday, April 10, 2013, at the Newark Club in Newark, NJ. Mr. Bershad’s panel, “The Needs of the Modern Office User,” will discuss both the design and demand for space, as companies constrict their physical space and telecommuting becomes more prevalent. The panelists will also discuss their approach to doing business in today’s challenging marketplace, including site and office selection in urban versus suburban regions, owning vs. leasing, the impact of the economy and job market on decisions, and the overall burdens and benefits of doing business in New Jersey.

Bulking Up on Information About the NJ Bulk Sales Act 0

Bulking Up on Information About the NJ Bulk Sales Act

Buyers, sellers and their attorneys are faced with some tough issues when applying the New Jersey bulk sales law to particular real estate transactions, such as short sales, transfers by deeds in lieu of foreclosure, auction sales, sign and close deals and real estate joint ventures. Given the frequency of such real estate transactions in the current market, knowing how best to comply with the New Jersey bulk sales law with respect to these transactions can be critical to closing these deals.