ARTICLE
5 August 2014

Transactions - July 2014

David Restaino and John Grossman succeeded in being granted, on behalf of an institutional client, an adjudicatory hearing by the NJ Department of Environmental Protection.
United States Real Estate and Construction
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David Restaino and John Grossman recently succeeded in being granted, on behalf of an institutional client, an adjudicatory hearing by the NJ Department of Environmental Protection (DEP) on our petition arising from the DEP's denial of a final, environmental permit application, for remedial action for groundwater, recommended by our client's Licensed Site Remediation Professional (LSRP). They contended, among other things, that no authority exists under the LSRP program for such a denial.  Additionally, there is no NJ Administrative Code provision in place governing such a petition or providing the parameters for the grant or denial of an adjudicatory hearing request under these circumstances. This was one of the first adjudicatory hearing requests granted by the NJDEP with regard to one of these permits.

On behalf of his client, Daniel V. Madrid closed on a $2.1 million dollar purchase of vacant land in the Journal Square neighborhood of Jersey City, New Jersey.  The client, a foreign-capital backed real estate investment company, intends to construct a mixed-use project consisting of commercial/retail space and twenty four residential condominium units.

Jeffrey M. Hall recently assisted The Salvation Army in the closing of Phase 2 of the acquisition of a 25 acre site from the City of Camden Redevelopment Agency for the Ray and Joan Kroc Camden Corps Community Center.  Phase 2 will be dedicated to active recreational use.  The Kroc Center is a 125,000 square foot Community Center constructed on a closed contaminated landfill.  Fox Rothschild assisted with the various aspects of the project including revisions to the redevelopment plan and agreement, zoning changes, planning board approvals, environmental, acquisition, and tax credits.  The Community Center is slated to open this October. 

View the entire issue of In the Zone (pdf) 

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