Overview
Craig Gianetti assists property owners, developers and institutional investors in all aspects of real estate development, from the initial transaction, to development approvals, financing and litigation. He helps clients with residential and commercial real estate development matters, including land use and zoning, affordable housing, redevelopment law, real estate transactions and litigation.
Craig has extensive experience in affordable housing matters related to developer and municipal compliance with affordable housing laws and has represented developers in affordable housing projects financed through the NJHMFA and the federal Low Income Housing Tax Credit Program.
Craig also has experience with both state and federal tax credit incentive programs, including the Grow NJ and Economic Redevelopment and Growth programs administered by the NJEDA.
In addition to his practice, Craig is an instructor of "Introduction to Zoning Enforcement and Administration" at Rutgers University's Center for Government Services, and has been a guest speaker at the Kislak Real Estate Institute at Monmouth University. He is a regular speaker on various panels and seminars concerning land use and affordable housing.
Craig served as judicial clerk to the Honorable Eugene D. Serpentelli, Assignment Judge of the New Jersey Superior Court, Ocean County Law Division (retired), where he primarily assisted on land use and affordable housing matters in Ocean County.
Experience
Represented Fortune 100 Company in land use approvals to install fuel cell energy servers at two existing facilities and subsequent litigation defending an approval
Represented multiple Fortune 500 companies on the repurposing and redevelopment of corporate campuses in New Jersey
Represent national pharmacy chain and regional convenience store chain in obtaining land use approvals throughout New Jersey
Recently represented both residential and commercial developers in redevelopment projects in Morristown, Newark, Irvington, Wall Township, Atlantic City, Woodbridge and Old Bridge
Recently represented several affordable housing developers on the financing for projects in New Jersey using federal Low Income Housing Tax Credits totaling approximately $260 million in tax credit financing for approximately 1,100 apartment units
Represent a private developer in affordable housing litigation and obtaining a builder’s remedy award against a town in Essex County for 225 apartments
Represent a large institutional real estate investment company in land use and affordable housing due diligence matters as part of various acquisitions and dispositions in New Jersey
Represent a food distribution company in obtaining a Grow NJ incentive award from the New Jersey Economic Development Authority, including finding a buyer of the tax credits and negotiating the tax credit purchase agreement
Represented a trucking and warehouse business in a complicated cross-lease transaction involving four industrial properties as part of an asset purchase agreement