Bayonne Local Redevelopment Authority – Peninsula at Bayonne Harbor Redevelopment
The firm has been actively engaged with the City of Bayonne and the BLRA in the redevelopment of the Peninsula at Bayonne Harbor which was decommissioned by the United States Army and transferred to the BLRA. We represented the BLRA in the negotiation and execution of several conditional designation agreements, four redevelopment agreements, a project development agreement and an infrastructure improvements redevelopment agreement along with a wide variety of financial instruments and other supporting agreements. For more information on these projects, please contact Joseph P. Baumann, Jr., Member.
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Bayonne Local Redevelopment Authority – Bayonne Bay Neighborhood
We represented the BLRA in the simultaneous negotiation of two redevelopment agreements and associated notes, mortgages, access agreements, and an infrastructure improvement redevelopment agreement. One redeveloper will construct approximately 1,300 condominiums and town homes and the other redeveloper will construct approximately 540 rental units and a clubhouse. For more information on this project, please contact Joseph P. Baumann, Jr., Member.
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Orange Housing Authority – Dr. Walter G. Alexander Homes Development
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.
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