Craig M. Gianetti was quoted in a Law360 article regarding New Jersey legislation that would amend the Economic Opportunity Act of 2013 to give qualified residential projects under a key redevelopment incentive program three more years to submit local occupancy approvals. The current deadline is too restrictive, says Gianetti. "Extending the deadline for obtaining a temporary CO to 2018 is much more realistic and would benefit developers of a qualified residential project and it ensures a larger window of opportunity to apply for the tax credits and comply with all conditions of an award of tax credits," he said.
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.
On June 6, Von Sanborn will serve as the moderator at an Opportunity Zones program presented by the National Association of Corporate Directors (NACD) Connecticut Chapter and held at the Shore & Country Club in Norwalk, CT.
Beth Barton spoke on a plenary panel, "Hot Topics in Sustainable Redevelopment Throughout the Northeast," at the 10th Annual Northeast Sustainable Communities Workshop (NSCW) presented by the Brownfield Coalition of the Northeast and held at the New Jersey Institute of Technology in Newark, NJ.
Day Pitney attorneys Von Sanborn and Justin Hannan will be speaking at "Qualified Opportunity Funds – A Primer for Attorneys," a program presented by the Boston Bar Association (BBA).
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).
Day Pitney Press Release
Peter Wolfson was mentioned in an article, "Over-Capacity Crowd for Madison Historic Preservation Commission's Hearing on Proposed Movie Theater Redevelopment," published by Tapinto.net.
Kate Coffey was mentioned in an article, "Planning Board Grants Preliminary Approval for Assisted Living Facility," published by centraljersey.com.
Jared Ross was quoted in an article, "Ultra-Rich Scout Direct Real Estate Investments," published by Banker & Tradesman.