Case Studies

In 2009, our firm worked with The Hudson County Improvement Authority, the County of Hudson, the City of Bayonne Redevelopment Agency and the City of Bayonne (the “City”) in a multi-public body financing through the New Jersey Environmental Infrastructure Trust (the “NJEIT”) of a portion of a redevelopment project consisting of the remediation of a former petroleum site and the construction of a 356,000 square foot “big box” retail project located in the City of Bayonne. The financing, secured by Payments In Lieu Of Taxes, a Letter of Credit during construction and guaranties of the County and City, involved ten different public entities, required over 80 public votes, 23 different public/government approvals and permits and endured multiple lawsuits, all during an economic recession. The success of the financing depended on our firm working closely with each of the public entities, the redeveloper and the NJEIT in creating solutions to questions never asked of the NJEIT in prior financings. As a result, in part, of our prior experience with the NJEIT and our working relationship with members of the NJEIT and the New Jersey Department of Environmental Protection, the City will now replace a severely contaminated 30-acre parcel of land with an exciting new retail power center that will generate tax revenue, urban enterprise zone revenue and thousands of construction and full-time jobs. For more information on this project, please contact Joseph P. Baumann, Jr., Member.

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.

We represented the BLRA in connection with the proposed construction of a 102-acre parcel that will support at least 1,793 residential units, 500,000 square feet of office space, 134,000 square feet of retail space and 117,600 square feet of civic space. For more information on this project, please contact Joseph P. Baumann, Jr., Member.

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.

We represented the BLRA in the negotiation of a redevelopment agreement with a global shipping company for construction of a roll-on roll-off facility for the importation and exportation of vehicles. We represented the BLRA in its efforts to win a motion for summary judgment in the law division and, after an appeal was filed, the successful motion requesting that the Appellate Division expedite the matter. Currently we are awaiting oral argument. For more information on this project, please contact Joseph P. Baumann, Jr., Member.

We represent these municipalities in litigation associated with the pollution of the area known as the Newark Bay Complex. The matter currently involves hundreds of both public and private entities with remedial costs estimated in the hundreds of millions of dollars. For more information on this project, please contact David J. Mairo, Member.