REIT eyes plan to reposition South Jersey mall with 1,100 apartments, hotel
January 21, 2021
Craig Gianetti was quoted in the RE-NJ article, "REIT eyes plan to reposition South Jersey mall with 1,100 apartments, hotel." The article discusses the owner of a Burlington County mall moving ahead with plans to transform the property with the addition of more than 1,100 apartments and a hotel. Gianetti, who represented the REIT in the township, said he is involved in several cases involving shopping centers or obsolete offices.
"A number of towns have rezoned or adopted overlay zones for shopping centers as part of its affordable housing compliance figuring that the likelihood they redevelop is slim," explains Gianetti.
Day Pitney Real Estate Partner Craig M. Gianetti authored an article titled, "New Jersey's Outdated Sewer and Water Connection Fee Statute And Challenges to Municipal Calculations," for the New Jersey Builders Association's Dimensions Newsletter.