Tom Malman was quoted in an article, "Challenges When Repurposing Office Campuses," in Law360. In the article, Malman discusses the challenges developers face when they try to convert large office campuses properties to other uses. Malman says one of the biggest challenges is zoning, particularly when multifamily properties are proposed, since multifamily has an impact on schools, and that may be a hard sell to the community. Since office demand in the suburbs is declining, developers also have the challenge of trying to predict what type of tenant might want the office space. "In most cases, the demand isn’t there," Malman said. "Unless you can convert part of the campus to some other use."
Day Pitney Alert
Day Pitney Advisory
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.
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's representation of Cottontail Holdings LLC and Two Franklin Realty is noted in an article, "NJ Office Complex Overvalued By $15M, State Tax Court Says," published by Law360 Tax Authority.
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.
Day Pitney Press Release