Case Studies

We acted as redevelopment counsel to the Housing Authority of the City of Newark which carried out the Downtown Core Redevelopment Project in the City of Newark, consisting of the acquisition, development and construction of the multi-purpose Prudential Center. We also assisted with the issuance $200,420,000 in bonds to support the financing of the Downtown Core Redevelopment Project. For more information on this project, please contact Glenn F. Scotland, Member.

The firm serves as redevelopment counsel in connection with a comprehensive mixed-use, residential and retail redevelopment project to be undertaken within the Township’s Historic Downtown Redevelopment Area, which includes the Edison Battery Factory site. The project will consist of 609 residential units, including 71 affordable units, 50,000 square feet of retail and amenity space and a parking garage. The firm was also recently successful in obtaining Local Finance Board approval to issue $41,000,000 in Redevelopment Area Bonds in order to undertake certain infrastructure improvements and other improvements at the project site. For more information on this project, please contact Glenn F. Scotland, Member.

We currently serve as special counsel to the Orange Housing Authority in connection with its Dr. Walter G. Alexander Homes Development, a new transit-oriented community consisting of 66 units of family housing and 48 age-restricted rental units for low and moderate income households. Unique to this transaction, we prepared the incorporation paperwork, bylaws and an application for 501(c)(3) status for its subsidiary not-for-profit entity, the Orange Housing Development Corporation, which will serve as the development corporation responsible for the demolition of the existing buildings and redevelopment of the entire area. The project anticipates utilizing several funding sources including ARRA funds, Housing Replacement Factor funds, low income housing tax credit equity, and NJHMFA permanent and construction financing. For more information on this project, please contact Glenn F. Scotland, Member.