Day Pitney LLP is pleased to announce that it served as special legal counsel for the town of Mansfield, Connecticut, in its negotiations with Education Realty Trust, Inc. and Storrs Center Alliance, LLC on the development agreement for the initial phases of Storrs Center. On January 4, the Mansfield Town Council authorized the town manager's execution of the development agreement, which is the foundation for this public-private initiative.
Storrs Center is a mixed-use town center and main street corridor at the crossroads of the town of Mansfield and the University of Connecticut. Groundbreaking on the first phase of Storrs Center is expected to occur this spring. Under the development agreement, the town will construct a public parking garage and other public infrastructure improvements, utilizing approximately $23 million in state and federal funds. In the initial phases, the private developers will construct about 60,000-70,000 square feet of commercial space, approximately 260-290 residential units and associated infrastructure.
Several Day Pitney lawyers were involved in this transaction. They include Rosemary Ayers, who handled all real estate matters and led the negotiations surrounding the development agreement; Douglas Gillette, who dealt with municipal finance matters; and John Bashaw, who was responsible for environmental matters.
About Day Pitney
Day Pitney LLP is a full-service law firm with approximately 350 attorneys operating in offices in New York, New Jersey, Connecticut, Boston, and Washington, DC. The firm offers clients strong corporate and litigation practices, with experience on behalf of large national and international corporations, as well as emerging and middle market companies and individuals.
On January 17, Craig Gianetti and Justin Hannan will be speaking on a panel, "Low Income Housing Tax Credits and Opportunity Zones: Synergies and Conflicts," at the 2020 Economic Leadership Forum, produced by the New Jersey Bankers Association.
On December 11, Craig Gianetti will be speaking at "The Land Use Institute: Mt. Laurel and Other Hot Topics," a program presented by the New Jersey Institute for Continuing Legal Education (NJICLE) in cooperation with the New Jersey State Bar Association (NJSBA) Land Use Section and the New Jersey Chapter of the American Planners Association.
Katharine Coffey and Peter Wolfson are serving as the organizers of Redevelopment Planning Law, a two-day course presented by the New Jersey Redevelopment Authority Redevelopment Training Institute (NJRA-RTI) that will be held on October 23 and 24 at Kean University in Union, NJ.
Day Pitney Alert
Boston attorneys William Pezzoni, Jared Ross and Justin Hannan gave a presentation on Qualified Opportunity Zones (QOZs) before Chamber of Commerce and City Economic Development members in New Bedford, MA.
Craig Gianetti is featured in a Market Forecast special section in the January 2020 issue of Real Estate New Jersey.
Day Pitney LLP announced today that April F. Condon has joined the firm as a partner in the Real Estate and Environmental group in its Stamford office. She joins from Robinson & Cole LLP.
Day Pitney Press Release
Day Pitney Press Release
Craig Gianetti, a partner in Day Pitney's Real Estate & Land Use group, has been elected to serve as Vice Chair of the Land Use Law Section of the New Jersey State Bar Association (NJBSA).