Real Estate
Our real estate practice group has been advising clients on the purchase, sale, financing, development, leasing and management of real property for more than fifty years.
Our real estate practice group has been advising clients on the purchase, sale, financing, development, leasing and management of real property for more than fifty years. The experience, practical perspectives and business acumen we bring to the table helps us efficiently execute complex transactions involving a diverse range of assets, including office, residential, retail, industrial and Brownfield properties and development sites.
Our attorneys are experienced in the negotiation of complex contracts and execution of due diligence review including title, survey and property condition. We provide our clients with advice and assistance on the tax aspects of their real estate transactions, including 1031 and 1033 exchanges and procurement of tax incentives and benefits through PILOT and Developer Agreements with local governmental bodies.
Our practice group is experienced in developing commercial and mixed use projects with reciprocal easements, covenants and declarations to address the rights and interests of multiple owners and users of complex mixed use residential, commercial and industrial property. Our practice group has developed and implemented complex condominium structures, including organization of commercial and residential condominium associations to facilitate and enhance property development. In conjunction with our Corporate Group and Taxation Group, our attorneys are able to provide our clients with the technical support, advice and guidance necessary to establish tax efficient and organizationally sound deal structures for their projects, including structures providing for sponsorship with outside investors and real estate joint ventures.
Our construction attorneys assist owners, developers, lenders, investors and contractors throughout the construction project lifecycle, from initial conception to project delivery. We also represent clients in public project bid contests, and in the resolution of a wide range of construction disputes, including payment disputes, lien claims, defective design and construction claims, delay claims, indemnity claims, personal injury claims, labor and employment issues, default and convenience terminations, claims against surety bonds and construction insurance policies, as well as creditor’s rights and bankruptcy issues in the construction arena.
Procurement of governmental approvals and permits is an integral component of real property development. Our land use attorneys regularly appear before Municipal boards and other governmental agencies to procure planning approvals, variance relief, subdivision approval and other permits and approvals essential to the contemplated use of property. We have secured approvals for industrial parks, shopping centers, mixed use and multi–family projects and some of the largest residential planned unit developments in New Jersey. Together, with support from our complementary Environmental Practice Group, we represent developers, contractors and investors in obtaining permits and approvals regarding wetlands and other environmental issues affecting property development.
With the advantage of having experience representing both borrowers and lending institutions, our practice group advises and assists our clients in the negotiation, structuring and documentation of sophisticated financing facilities for their projects including construction financing, mezzanine financing, structured finance transactions, private syndication and private equity funding.
Environmental conditions are a significant factor in most real estate transactions and our skilled and experienced environmental lawyers are an integral component of our approach to property development. Our environmental attorneys provide advice on the remediation and redevelopment of contaminated property, and compliance with statutes and government regulations affecting real property transactions, including ISRA compliance, underground storage tank compliance and remediation, and soil and ground water remediation. We also provide support in evaluating environmental insurance products to promote successful management of the risk and liability a property owner may face with respect to future remediation and environmental related claims.
We represent both landlords and tenants in complex leasing transactions for a broad array of asset types. Our leasing practice includes conventional office space, shopping center and industrial property leases as well as long term ground and net leases. As a result of our extensive experience, our attorneys fully appreciate and understand the intricacies of lease administration and management and successfully develop practical and cost-effective solutions to complex leasing issues.
We counsel our clients with regard to reducing real property tax assessments and producing tax abatements for qualifying taxpayers. Our group has utilized its expertise in valuation and negotiation with public entities to successfully defend and maximize awards in public-taking matters initiated by state and local authorities.
Our attorneys provide representation to residential and commercial condominium associations including matters pertaining to by-law enforcement, voting and meetings, contract procurement and assessment collection. We also represent landlords and professional management companies in the management of shopping center, office building and industrial park portfolios.
In conjunction with our Commercial and Corporate Litigation Practice Group, our attorneys provide advice, guidance and representation in litigation matters pertaining to all aspects of Real Property. On behalf of real estate developers, commercial landlords, commercial tenants, and investors, we have successfully litigated disputes pertaining to commercial leases, land-use determinations, real estate partnership disputes and condemnation proceedings.
We also represent commercial tenants in disputes over their leases. Our practical perspective and business acumen enable us to skillfully and successfully develop practical and cost effective solutions to complex litigation issues.
Our Commercial lending attorneys regularly represent banks, commercial lenders, and other financial institutions in a variety of complex financing transactions. Our expertise involves secured and unsecured financings at all levels for acquisitions, project and working capital purposes. Our practice is comprised of lawyers with broad experience affecting senior, mezzanine, asset- based and equity financing transactions for financial institutions and corporate borrowers. We handle complex and multi-jurisdictional transactions, and provide our clients with national reach, depth of local research sources, and local law advice. In addition to serving the needs of many of the largest banks in New Jersey, we also have significant experience in advising sponsors in private placement transactions. Our approach provides a seamless transaction from the prospective of the financing provider and the borrower. This approach, together with support from our Tax and Corporate departments, affords our clients excellent prospective in structuring and closing their transactions.
Our representation of clients includes Valley National Bank, Investors Bank, The Provident Bank of New Jersey, Lakeland Bank, HAB, Israel Discount Bank, Connect One Bank, Capital One Bank, TD Bank, Bank of America, Webster Bank, Kearny Savings Bank, Malvern Federal, First Bank, Peoples Bank, Bankwell, Santander and Sovereign Bank.
Mandelbaum Barrett PC named to 2024 Best Law Firms
November 9, 2023
Mandelbaum Barrett PC is thrilled to announce that once again we have been recognized by Best Lawyers on their “2024 Best Law Firms®” list! This recognition highlights the ongoing excellence of our dedicated team of attorneys, underscoring our unwavering commitment to providing top-notch legal services and ensuring client satisfaction. We take pride in the fact that 16 of our practice […]
Craig Alexander recognized for his service to the Mental Health Association
June 16, 2023
Mandelbaum Barrett PC Real Estate Co-Chair Craig W. Alexander, Esq. was recognized earlier this week for his service to the Mental Health Association of Essex and Morris, Inc. and in particular, for completing his second term as President of the Board of Directors. During Craig’s tenure as President, the agency successfully rebranded its name and logo, developed […]
Preliminary and Final Site Plan Approval Secured for Commercial Project in Newark, NJ by Real Estate Attorney Michael Lipari
April 25, 2023
Real Estate attorney Michael J. Lipari secured preliminary and final site plan approval with several bulk variances and design waivers from the Newark Central Planning Board for a commercial project located in the East Ward and within Newark’s Heavy Industrial Zone. The application had several obstacles to overcome as it was formerly a contaminated site […]
Joshua Gorsky and Michael Lipari co-author article for ROI-NJ titled “As Vacancies Mount in N.J., Options are Available for Stagnant Properties”
April 24, 2023
“As pandemic restrictions ease and life resumes a sense of normalcy, owners of commercial real estate shouldn’t be lulled into a false sense of comfort. As a result of lingering work-from-home policies, exploding interest rates and a change in overall demand for space, vacancy rates for office buildings in New Jersey are on the rise.” […]
Deal Alert: Team Effort for $120M Real Estate Development Loan
February 16, 2023
We proudly represented a regional bank as the Agent for a 3-bank group in a $120M loan for the purchase of a 300-acre corporate campus from a major pharmaceutical company. It took almost 2 years to complete and is considered a “once in a generation” opportunity by the buyer who has plans to develop the […]
Joshua Gorsky, Esq. Interviewed by NJBIZ Regarding Current Real Estate Market Conditions
November 29, 2022
As 2022 draws to a close, it goes without saying that real estate market conditions are much different than they were just a year ago. Joshua Gorsky, Esq., Partner in the Real Estate Practice Group at Mandelbaum Barrett PC, recently spoke with NJBIZ about breaches of contract in this challenging market and options that may be available. “When people […]
Mandelbaum Barrett PC Real Estate attorney Steven Sedereas is a presenter for a National Business Institute CLE
April 5, 2022
Mandelbaum Barrett PC Real Estate attorney Steven J. Sedereas is one of the presenters for a National Business Institute (NBI, Inc.) CLE video titled "Real Estate Transaction Documents: Spotting the Top Dangers."
Mandelbaum Barrett PC adds 3 partners; plans to open new office in Bergen County
February 14, 2022
Full-service law firm Mandelbaum Barrett PC as announced that three new partners will join the firm's Real Estate practice and plans the opening of a new office in Bergen County. Bart G. Mongelli, Anthony J. Arnone, and Roberto S. Migliorelli, all former partners at DeCotiis, FitzPatrick, Cole & Giblin, LLP, will join the firm's growing real estate practice and be based in its new Lyndhurst, NJ, office.
Mandelbaum Barrett PC Announces the Appointment of Craig W. Alexander, Esq. as Co-chair of the Firm's Real Estate Practice Group
January 26, 2022
Mandelbaum Barrett PC is pleased to announce that Craig W. Alexander, Esq. has been named Co-Chair of the Firm's bustling Real Estate Department. He will work closely with Co-Chair Barry R. Mandelbaum in this role.
Craig Alexander Published an Article in Working RE Magazine on Inspectors and the NJ Consumer Fraud Act
December 6, 2019
Craig Alexander published an article for Working RE Magazine on "Inspectors and the New Jersey Consumer Fraud Act." Click here to read the full article.
Josh Gorsky Named to 40 Under 40 by Mid Atlantic Real Estate
September 16, 2019
Congratulations to Joshua Gorsky who was named to 40 Under 40 by Mid Atlantic Real Estate. Learn more about Joshua here: https://online.flippingbook.com/view/139235/86/
Joshua Gorsky Moderating the ICSC New Jersey Next Generation Program on October 3rd
September 12, 2019
Joshua Gorsky, Associate in the Real Estate Practice Group, will be moderating the ICSC New Jersey Next Generation Program on Thursday, October 3rd. The program will review several ways in which you can stay ahead of missteps in your retail real estate transactions as well as avoid the pitfalls that cause deals to fall through and how to premeditate common issues. For more information or to register for this event, click here.
Barry Mandelbaum Discusses Firm's Real Estate Group in Real Estate NJ's Spotlight Issue
April 11, 2019
Barry R. Mandelbaum, Chair of Mandelbaum Barrett PC's Real Estate Practice Group and co-founder of the Firm, highlights how the Firm's 89-year history provides a unique experience for their clients in Real Estate NJ's Spotlight Issue. Click here to read more.
Real Estate NJ Spotlight on Barry Mandelbaum and the History of The Firm
October 25, 2018
Check out Real Estate NJ’s article on our Firm’s Real Estate Practice, led by Barry Mandelbaum, which has spanned generations and touched countless lives. We are proud of our strong ties within the real estate community and value the relationships we’ve formed over the last 88 years. Click here to read the full article.
Mandelbaum Barrett PC's Charlie Lorber Discusses New Plans to Be Filed for the Lorraine Project in Montclair, NJ
July 7, 2017
Charlie Lorber, a Senior Counsel in the Firm's Real Estate Department was recently interviewed by Northjersey.com on a mixed-use project on Lorraine Avenue in Montclair, NJ.
Appellate Division Weighs Public Contract Bid Rules in Issue of First Impression
December 5, 2023
On November 30, 2023, the Appellate Division affirmed the Camden County trial court’s decision in Ernest Bock & Sons-Dobco Pennsauken Joint Venture v. Township of Pennsauken and Terminal Construction Corp., holding that the New Jersey Public Works Contractor Registration Act, N.J.S.A. 34:11-56.48 to -56.57 (“PWCRA” or the “Act”), applies to a joint venture formed for […]
Raj Gadhok to Present for NJICLE’s “What is a Tevis Claim and What Does it Mean for My Divorce?
November 20, 2023
Navigating divorce cases in New Jersey often involves addressing domestic violence and abuse allegations. This is where the Tevis Claim often comes into play. It is essentially a personal injury claim you can bring against your spouse in the divorce complaint if instances of domestic violence have occurred. While opting for a Tevis Claim has […]
Going Green and Staying Out of Legal Trouble: The Art of Green Marketing
November 17, 2023
In today’s environmentally conscious world, green marketing has become a significant trend for businesses aiming to attract eco-minded consumers. Companies often use eco-friendly claims to promote their products and services, but they must tread carefully to avoid lawsuits and maintain their reputation. In this blog, we’ll explore green marketing and suggest some steps companies can […]
Client Alert: Corporate Transparency Act
November 16, 2023
On January 1, 2024, the Corporate Transparency Act (the “CTA”) will become law and will impose reporting obligations which will impact millions of small businesses across the United States. It is critical for business owners to understand the CTA reporting requirements as failure to comply can result in both civil and criminal penalties. If you own […]
Your Health, Your Choice: A Guide to Medicare Open Enrollment
November 7, 2023
The Medicare open enrollment period runs through December 7th, 2023. Medicare adjusts costs, coverage, and accepted providers on an annual basis. If you have received “Evidence of Coverage,” or an “Annual Notice of Change,” from Medicare, now is the time to review your coverage, and, if necessary, make changes to your Medicare healthcare plan to better […]
Three Major Differences Between Recourse and Non-Recourse Loans
November 1, 2023
Borrower / Guarantor Liability Recourse – The borrower (or guarantor) is personally liable for the full amount of the loan, including any debt remaining after the collateral is foreclosed upon and sold. To satisfy the remaining debt, the lender can look to the individual assets of borrower (or guarantor). Non-Recourse – The borrower (or guarantor) […]
Navigating Back-to-School Safety: Preventing the Most Common Injuries
August 13, 2023
As the school season kicks into gear, safety should be at the forefront of everyone’s minds. At Mandelbaum Barrett PC, we are committed to ensuring your children have a safe and joyful academic year. While schools are expected to provide a secure learning environment, the reality is that unintentional injuries can occur on school grounds, around buses, and even in the neighborhood. It’s a collective responsibility of parents, students, school staff, and the community to take proactive measures to safeguard our children.
Navigating the Shifting Terrain of Subchapter V: Vincent J. Roldan Sheds Light on Conflicting Court Rulings in the ABI Law Journal
June 26, 2023
Discover the latest in the still-evolving landscape of Subchapter V. This insightful article, published in the American Bankruptcy Institute Law Journal, examines the application of nondischargeability provisions to corporate debtors. Written by Vincent J. Roldan, a Partner in Mandelbaum Barrett PC’s Bankruptcy and Creditors Rights, and Banking and Financial Services groups, this piece sheds light on conflicting court […]
Insights from William Barrett: New York County Dental Society Article Explores Cybersecurity Risks in Dental Practices
June 22, 2023
Dental health professionals handle a vast amount of sensitive patient data, ranging from personal information to medical records. To protect themselves and their patients, it’s important for them to understand cybersecurity risks and take appropriate measures. Staying aware of the latest threats and trends is crucial for adequate protection. Learn about some of the ways […]
Professional Liability Insurance for Dentist Owners: Types of Coverage Recommended
March 23, 2023
As a dentist owner of a practice, your top priority is to provide quality dental care to your patients. However, despite your best efforts, malpractice lawsuits can still occur. Therefore, it is crucial to have professional liability insurance to protect yourself, your practice, and your employees from the financial burden of a lawsuit. In this […]
Filial Responsibility: Requiring Adult Children to Pay for Aging Parents’ Care
July 6, 2022
Did you know that in many states you could be responsible for your parents’ unpaid medical bills? In fact, more than half of all states currently have laws making adult children financially responsible for their parents, including their parents’ long-term care costs. However, these laws are rarely enforced. Notably, New Jersey does not have filial […]
Top 5 Tips for Commercial Real Estate Brokers for Achieving Better Exclusive Listing Agreements
July 5, 2022
Any Exclusive Listing Agreement should cover both a sale and a lease. Deals change and you want to be protected for either scenario. The Exclusive Listing Agreement must have a definitive end date and cannot contain automatic renewals. As to payment of the commission on a sale, include language that the commission will be paid […]
The Tax Consequences of Selling a House After the Death of a Spouse
July 5, 2022
If your spouse dies, you may have to decide whether or when to sell your house. There are some tax considerations that go into that decision. The biggest concern when selling property is capital gains taxes. A capital gain is the difference between the “basis” in property and its selling price. The basis is usually […]
WHAT IS THE AMERICAN ACADEMY OF MATRIMONIAL LAWYERS AND WHY SHOULD YOU HIRE ONE OF THEIR FELLOWS?
July 5, 2022
AAML is a national organization with chapters in most states. There are approximately 1,650 Fellows in the United States and 52 Fellows in New Jersey. Our Family Law Co-Chair Lynne Strober is proud to be one of those Fellows. The AAML is dedicated to providing and promoting the highest degree of professionalism and excellence in […]
Spring 2022 Vet Law Newsletter
March 24, 2022
Momentum: Our Year in Review
March 24, 2022
These stories are successful case results from our attorneys. Please note that results may vary depending on your particular facts and legal circumstances.
Transaction Spotlight: Mandelbaum Barrett PC Secures $19.5 Million Loan Negotiation for Office/Hotel Center in Edison, New Jersey
April 10, 2024
Mandelbaum Barrett PC Partners Joshua Gorsky and Damian Conforti represented the owner of a 300,000 square foot, Class A, hotel/office center in Edison, New Jersey in the negotiation of $19,500,000 loan with a national bank. Despite the optimism for improved hotel performance in 2024, many owners and operators continue to face challenges securing financing for […]
Bolstering Growth: Michael J. Lipari, Esq., Secures $5MM Loan for North Jersey Charter School
February 29, 2024
Deal Alert: Mandelbaum Barrett PC Real Estate Partner, Michael J. Lipari, Esq., recently represented an expanding North Jersey charter school in connection with a $5MM loan from a regional bank. This additional round of construction funding will assist with the school’s continued growth and will ensure that it continues to provide top-tier education at its […]
Land Use Alert: Michael J. Lipari, Esq., secured Amended Site Plan Approval for redevelopment project in Mt. Arlington
February 13, 2024
Mandelbaum Barrett PC Real Estate Partner, Michael J. Lipari, Esq., secured Amended Site Plan Approval for the expansion of a large mixed-use redevelopment project in Mt. Arlington, New Jersey. This adaptive re-use project included the further expansion of an existing retail shopping center and addition of 81 residential units in two free standing luxury apartment […]
Land Use Alert: Michael J. Lipari, Esq. Successfully Secures Approvals for Transformative Adaptive Reuse Project in Livingston Township
February 1, 2024
Mandelbaum Barrett PC Real Estate Partner Michael J. Lipari, Esq. secured Preliminary and Final Major Site Plan and Bulk Variance approval from the Livingston Township Planning Board for an adaptive reuse project that will convert a dilapidated property into a modern medical/dental facility. The applicant had to overcome several challenges due to the unique size and […]
Deal Alert: Mandelbaum Barrett PC represented a regional bank providing $52 million of financing for the refinance of a medical office campus in New Jersey
January 17, 2024
Mandelbaum Barrett Partners Joshua Gorsky, Esq., Daniel Barkin, Esq., Douglas Eilender, Esq. and Peter A. Levy, Esq. represented a regional bank providing $52 million of financing for the refinance of a medical office campus in New Jersey. Learn more about our Real Estate Practice Group that handles sophisticated financing and lending in connection with real […]
Land Use Alert: Michael Lipari, Esq. secured Preliminary and Final Major Site Plan and Bulk Variance approval for a Residential Townhouse development in Bernardsville
January 16, 2024
Mandelbaum Barrett PC Real Estate Partner Michael J. Lipari, Esq. secured Preliminary and Final Major Site Plan and Bulk Variance approval for a Residential Townhouse development located in the Downtown Claremont section of Bernardsville. The development is uniquely located at the footsteps of the historic St. Bernard’s Church. The team worked tirelessly with the Borough and […]
Land Use Alert: Michael J. Lipari, Esq. secured Preliminary and Final Major Site Plan approval to allow for the development of a 5-Story, 136-Unit Residential building
January 4, 2024
Mandelbaum Barrett PC Real Estate Partner Michael J. Lipari, Esq. secured Preliminary and Final Major Site Plan approval to allow for the development of a 5-Story, 136-Unit Residential building. This Redevelopment project was unanimously approved and will convert and preserve an existing Church to maintain the historic character of the property, while also providing much needed […]
Deal Alert: Joshua Gorsky represented a tenant in negotiating a lease for 15,000 square feet of warehouse space in Bergen County, New Jersey
January 2, 2024
Mandelbaum Barrett Real Estate Partner Joshua Gorsky, Esq. represented a tenant in negotiating a lease for 15,000 square feet of warehouse space in Bergen County, New Jersey. Learn more about Josh and his practice here.
Land Use Alert: Michael J. Lipari secured Major Site Plan and Minor Subdivision approval with several bulk variances for a mixed-use development project
December 19, 2023
Mandelbaum Barrett PC Real Estate attorney Michael J. Lipari, Esq. secured Major Site Plan and Minor Subdivision approval with several bulk variances from the Randolph Township Planning Board for a mixed-use development project consisting of a retail and 35 townhouse/apartment units in the Mt. Freedom section of the Township. The application was complicated due to the […]
Deal Alert: Joshua Gorsky, Esq., Daniel Barkin, Esq. and Peter Levy, Esq. recently represented a regional bank providing $44 million of financing for the refinance of 2 industrial properties
December 6, 2023
Mandelbaum Barrett PC Partners Joshua Gorsky, Esq., Daniel Barkin, Esq. and Peter Levy, Esq. represented a regional bank providing $44 million of financing for the refinance of 2 industrial properties in Virginia.
Mandelbaum Barrett PC named to 2024 Best Law Firms
November 9, 2023
Mandelbaum Barrett PC is thrilled to announce that once again we have been recognized by Best Lawyers on their “2024 Best Law Firms®” list! This recognition highlights the ongoing excellence of our dedicated team of attorneys, underscoring our unwavering commitment to providing top-notch legal services and ensuring client satisfaction. We take pride in the fact that 16 of our practice […]
DEAL ALERT: Joshua Gorsky, Esq., represented a client with the purchase and financing of a 100k square foot office building in Bergen County, New Jersey for $13 million.
November 9, 2023
Recently, Joshua Gorsky, Esq., a Partner in our firm’s Real Estate group represented a client with the purchase and financing of a 100k square foot office building in Bergen County, New Jersey for $13 million.
Deal Alert: Joshua Gorsky, Esq., represented a regional bank in the refinance of an apartment building in Jersey City for $37 million
October 25, 2023
Joshua Gorsky, Esq., Partner in our firm’s Real Estate group recently represented a regional bank in the refinance of an apartment building in the Journal Square section of Jersey City for $37 million.
Deal Alert: Joshua Gorsky represented an international business in negotiating lease for industrial space in Indiana
October 6, 2023
Mandelbaum Barrett PC Real Estate Partner Joshua Gorsky, Esq. recently represented an international business in negotiating a lease for 134,000 square feet of industrial space in Hendricks County, Indiana.
Deal Alert: Robert S. Migliorelli, Esq. and Barry M. Schwartz, Esq. recently represented Hunter Manufacturing Services, Inc., in the sale of their precision machine component manufacturing business
September 15, 2023
Deal Alert: Robert S. Migliorelli and Barry M. Schwartz, Partners in the corporate and real estate departments at Mandelbaum Barrett PC recently represented a New Jersey business owner, Hunter Manufacturing Services, Inc., in the sale of their precision machine component manufacturing business and accompanying 12,000 square foot production facility and offices for just under $5,000,000.
Deal Alert: Barry R. Mandelbaum represented Warren Village and Atlantic Health Systems on a Land Use Application and secured a Use Variance and Site Plan Approval
September 7, 2023
In August, Barry R. Mandelbaum represented the Owner, Warren Village and Atlantic Health Systems on a Land Use Application and secured a Use Variance and Site Plan Approval to permit Atlantic Health System to operate a full-service health care facility in a former Kings Grocery Store. The required parking variance and the use variance permitting […]
Deal Alert: Robert S. Migliorelli, Esq. closed a $20MM refinance on a warehouse in Linden, NJ
August 24, 2023
Mandelbaum Barrett PC Real Estate Partner, Roberto Migliorelli, Esq. recently represented a large owner and manager of industrial properties in NJ in the refinancing of a 275,000 square foot warehouse in Linden NJ for $20MM. Due to the unique nature of the deal, seven individual lenders were involved in assembling the financing. Learn more about […]
Deal Alert: Owen T. Hughes represented seller in commercial property sale in Vineland, New Jersey
July 18, 2023
Mandelbaum Barrett PC Real Estate Partner Owen T. Hughes, Esq. recently represented the Seller of a 244,418 square foot commercial property located at North Mill Road, Vineland, NJ. The Sale Price was $21,000,000.00.
Deal Alert: Owen T. Hughes represented a developer specializing in medical office space in the acquisition and financing of 70,000 square feet in a building complex in Sewell, New Jersey
July 14, 2023
Owen T. Hughes, Esq. represented a developer specializing in medical office space in the acquisition and financing of 70,000 square feet in the building complex located at Hurffville-Cross Keys Road, Sewell (Washington Township), New Jersey. This space will be primarily dedicated for medical offices. The Purchase Price was $13,250,000.00; with acquisition financing, an amount of […]
Deal Alert: Owen T. Hughes, Esq. represented a real estate investor in the acquisition and financing of the 215,000 square foot warehousing and logistical building in Maryland
July 7, 2023
Mandelbaum Barrett PC Real Estate Partner Owen T. Hughes, Esq. represented a real estate investor in the acquisition and financing of the 215,000 square foot warehousing and logistical building located on 14 acres on Kelso Drive, Essex, Maryland. The Purchase Price was $26,700,000.00. Financing was provided by a regional bank in the amount of $16,000,000.00. […]
Owen T. Hughes, Esq. represented a developer specializing in medical office space in the acquisition and financing of 490,000 square feet in Chappaqua, New York
July 5, 2023
Owen T. Hughes, Esq. represented a developer specializing in medical office space in the acquisition and financing of 490,000 square feet of space in the building complex located at Bedford Avenue, Chappaqua, New York. This space was primarily dedicated for medical offices and medical facilities for a major hospital network and several medical practices. The […]
Deal Alert: Craig Alexander represented real estate investors in multi-million dollar acquisition of an industrial complex
June 14, 2023
Craig W. Alexander, Esq., Co-Chair of the Real Estate Practice Group at Mandelbaum Barrett PC, represented a joint venture of real estate investors in connection with the multi-million dollar acquisition of a 150,000 square foot industrial complex located in Berks County, Pennsylvania. Learn more about Craig and his practice here.
Decision Update: Successful Stop Work Order Appeal Before the Passaic County Construction Board
June 13, 2023
Michael J. Lipari successfully appealed a stop work order before the Passaic County Construction Board of Appeals. The developer was issued a stop work order midway through construction of his major commercial development project for failure to obtain a use variance from the City Zoning Board of Adjustment. Mr. Lipari successfully appealed the order based […]
Land Use Alert: Michael J. Lipari secured final major subdivision approval from the Mendham Township Planning Board for a high-end single family residential development project
June 12, 2023
Michael J. Lipari secured preliminary and final major subdivision approval with several bulk variances and design waivers from the Mendham Township Planning Board for a high-end single family residential development project. The application was complicated due to the presence of steep slopes and site access constraints. However, the team was able to demonstrate that granting […]
Craig Alexander, Esq. represented a joint venture of real estate investors in multi-million dollar acquisition of a 50,000 square foot industrial building
May 31, 2023
Craig W. Alexander, Esq., Co-Chair of the Real Estate department at Mandelbaum Barrett PC, represented a joint venture of real estate investors in connection with the multi-million dollar acquisition of a 50,000 square foot industrial building located in Morris County. The firm also handled the environmental and 1031 exchange issues as well as the loan closing. […]
Deal Alert: Craig Alexander Represented Prominent Real Estate Investor in Multi-Million Dollar Acquisition
May 12, 2023
Craig W. Alexander, Esq., Co-Chair of the Real Estate department at Mandelbaum Barrett PC, represented a prominent real estate investor in connection with the multi-million dollar acquisition of an 80,000 square foot industrial complex located in Hunterdon County. The firm also handled the environmental and 1031 exchange issues as well as the loan closing. Learn more […]
Real Estate Deal Alert: Michael Lipari, Esq. Recently Represented North Jersey Charter School in Expansion
April 20, 2023
Deal Alert: Mandelbaum Barrett PC Real Estate attorney, Michael J. Lipari, Esq., recently represented an expanding North Jersey charter school in connection with a $7MM loan with a regional bank to assist with the school’s expansion in Passaic County, New Jersey. The deal involved a refinance and line of credit with cross-collateralization of existing assets. Learn more […]
Deal Alert: Craig Alexander Represented The Mental Health Association of Essex and Morris, Inc. (MHA) in Connection with the Acquisition of their new Morris County Headquarters
April 4, 2023
Real Estate Co-Chair Craig Alexander, Esq. represented The Mental Health Association of Essex and Morris, Inc. (MHA) in connection with the acquisition of a 23,000 sq. ft. building located in Parsippany, which will serve as MHA’s new Morris County headquarters. From this location, MHA will provide mental and behavioral health services to Morris County and […]
Real Estate Deal Alert: Craig Alexander Represented Real Estate Developer in Multi-Million-Dollar Sale in Morris County, NJ
March 13, 2023
Real Estate Deal Alert: Mandelbaum Barrett PC Real Estate Co-Chair Craig W. Alexander, Esq. recently represented a prominent real estate developer in connection with the multi-million-dollar sale of a 125-unit residential building in Morris County, New Jersey. Learn more about our Firm’s Real Estate Practice Group here.
Real Estate Deal Alert: Craig Alexander represented a real estate investor in multi-million dollar acquisition of an industrial complex
March 7, 2023
Mandelbaum Barrett PC Real Estate Co-Chair Craig W. Alexander, Esq. represented a real estate investor in connection with the multi-million dollar acquisition of an industrial complex in Warren County, New Jersey. Because of the recent increase in interest rates, Craig assisted in structuring the deal with a combination of 1031 proceeds and seller financing. Learn more about […]
Mandelbaum Barrett PC Partners Joshua Gorsky, Peter Levy and Daniel Barkin recently represented a regional bank in 3 loans for the same sponsor totaling $120 million
December 5, 2022
Mandelbaum Barrett PC Partners Joshua Gorsky, Esq., Peter Levy, Esq. and Daniel Barkin, Esq. recently represented a regional bank in 3 loans for the same sponsor totaling $120 million for the recapture of sponsor equity and completion of construction of apartment complexes in Mercer County and Middlesex County. Learn more about our Real Estate group […]
Deal Alert: Real Estate and Hospitality Practice Groups Negotiate Deed for Seller of Vacant Land in Edison, NJ
October 10, 2022
Mandelbaum Barrett PC Real Estate Partner Joshua Gorsky, Esq., along with Hospitality Law Partners Damian Conforti, Esq. and Robert C. Scrivo, Esq. recently represented the seller of vacant land just under 1.5 acres in Edison, NJ. As our client kept ownership of various surrounding properties, we negotiated a deed restriction into the transaction that prevents the buyer (or […]
Deal Alert: Joshua Gorsky handled a transaction for a regional bank in the refinance of Hoboken apartments totaling approximately $1.7mm
July 25, 2022
Mandelbaum Barrett PC Real Estate Partner Joshua Gorsky, Esq. handled a transaction for a regional bank in the refinance of Hoboken apartments totaling approximately $1.7mm. Read more about Josh’s practice area.
Deal Alert: Joshua Gorsky recently represented a Buyer in the purchase, and subsequent financing of, a 90,000 square foot industrial building in Illinois
July 18, 2022
REAL ESTATE DEAL ALERT: Mandelbaum Barrett PC Real Estate attorney Joshua Gorsky recently represented a Buyer in the purchase, and subsequent financing of, a 90,000 square foot industrial building in Danville, IL. This transaction was structured as a sale-leaseback with the in-place tenant. In this type of transaction, the seller sells an asset and leases […]
Deal Alert: Mandelbaum Barrett PC Real Estate partner Joshua Gorsky, Esq. recently represented a Buyer in the purchase of a commercial building in Summit, NJ.
June 30, 2022
The contract of sale was first signed in 2020 and was made contingent on the Buyer obtaining approval from the Zoning Board of Adjustment to convert the existing restaurant on site into a state-of-the-art veterinary facility. Michael J. Lipari, Esq. of the firm’s Land Use and Zoning group obtained a Use Variance, a Bulk Variance and […]
Deal Alert: Mandelbaum Barrett PC Real Estate Partner Joshua Gorsky, Esq. recently represented a regional bank in the financing of the purchase of an industrial property in Chesapeake, VA.
June 27, 2022
With the firm’s national reach, Josh represents clients in many states.
Deal Alert: As reported in the current issue of the Mid Atlantic Real Estate Journal (MAREJ), congratulations to our client Valley Bank, as well as SJP Properties, Scotto Properties and Gensler on the recent deal to bring the new Valley Bank headquarters to Speedwell Avenue in Morristown, NJ.
June 9, 2022
Mandelbaum Barrett PC Chairman Barry R. Mandelbaum, Esq. and Partner Deborah Greene, Esq. recently closed on this large transaction.
Deal Alert: Craig W. Alexander handled the closing of a multi-million dollar construction loan for the development of an affordable housing project in Somerset County, New Jersey.
May 26, 2022
Craig W. Alexander handled the closing of a multi-million dollar construction loan for the development of an affordable housing project in Somerset County, New Jersey.
Deal Alert: Joshua Gorsky recently closed a $4.5 million dollar deal on behalf of a regional bank for the purchase of a 32,000 square foot industrial building in New Brunswick, NJ.
May 26, 2022
Joshua Gorsky recently closed a $4.5 million dollar deal on behalf of a regional bank for the purchase of a 32,000 square foot industrial building in New Brunswick, NJ.
Deal Alert: Craig W. Alexander represented a prominent developer in connection with the sale of a 200-unit multi-family project in Morris County.
May 23, 2022
Craig previously represented the developer in connection with the acquisition and development of the property as well as the closing of the construction and permanent loans.
Deal Alert: Mandelbaum Barrett PC represented a major real estate developer in the consolidation and refinancing of 7 separate loans secured by 7 shopping malls
May 19, 2022
Deal Alert: Mandelbaum Barrett PC represented a major real estate developer in the consolidation and refinancing of 7 separate loans secured by 7 shopping malls into a $75,000,000 loan that allowed the borrowers to reduce its other obligations and provide it with additional funds for future acquisitions and renovations for its ongoing projects. The team […]
Deal Alert: Mandelbaum Barrett PC’s Joshua Gorsky, Daniel Barkin and Steven John Sedereas recently closed a $35M construction loan in Massachusetts on behalf of a regional bank.
May 11, 2022
The loan was for the development of ~100,000 square foot industrial building.
Site Plan Approval: Michael J. Lipari recently secured Preliminary and Final Major Site Plan Approval for the Metropolitan YMCA of the Oranges for a new state of the art YMCA campus in Livingston that will include a 54,000 square foot facility, indoor/outdoor recreation facilities, a 24,700 square foot early learning center/office building, and related site improvements.
May 2, 2022
The main YMCA facility will include a wellness center, pools, gym/fitness space, and a 4,300 square foot rooftop airnasium. A second building will house the Early Learning Center, childcare center, and office space. Mr. Lipari worked together with project professionals Jarmel Kizel Architects and Engineers, Inc, SUBURBAN CONSULTING ENGINEERS, INC. and Dolan & Dean Consulting Engineers, LLC, in preparing the […]
Michael J. Lipari, Esq. Secures Land Use Approvals for $120+ Million in Development Projects
April 30, 2022
Mandelbaum Barrett PC Real Estate attorney Michael Lipari, Esq. successfully represented his clients to obtain local land use approvals for over $120,000,000.00 in development and redevelopment projects. Some of the more significant project approvals include Preliminary and Final Site Plan Approval for The Depo, a 34-acre warehouse campus redevelopment project located in Wanaque, New Jersey; Preliminary […]
Deal Alert: Commercial real estate finance attorneys Joshua Gorsky and Deb Greene recently represented a regional bank in the closing of a $56MM loan for the construction of a new six-story, 137,000 square foot office building in Morristown, NJ.
April 14, 2022
Land Use Alert: Michael J. Lipari, a member of Mandelbaum Barrett PC’s Land Use and Zoning Law and Veterinary Law practice groups, recently secured another Use Variance Approval, allowing a client to open a brand new doggie daycare.
March 31, 2022
Mr. Lipari recently secured Use Variance, Bulk Variance and Site Plan Approval from a Zoning Board in Essex County for a doggy daycare, pet spa and boarding facility, allowing it to open and operate in an area zoned strictly for retail use. As a result of Mr. Lipari’s efforts, our client cleared the biggest hurdle […]
Land Use Alert: Michael J. Lipari, a member of Mandelbaum Barrett PC’s Land Use and Zoning Law and Veterinary Law practice groups, recently secured another Site Plan Approval to allow the firm’s client to open a brand new 15,000 sq. ft. veterinary hospital.
March 28, 2022
Mr. Lipari represented a client before a Planning Board in Morris County and obtained Site Plan and Variance Approval to allow the client permission to open a 24/7 emergency veterinary hospital with an onsite mobile MRI unit. As a result of Mr. Lipari’s efforts, our client will be able to provide these much needed specialty […]
Land Use Alert: Michael J. Lipari recently secured Use Variance Approval for an adaptive reuse project, clearing a path for the firm’s client to open a brand-new veterinary facility.
March 24, 2022
Mr. Lipari successfully represented this North Jersey client before a Zoning Board of Adjustment in Union County and obtained Use Variance, Bulk Variance and Site Plan Approval to allow the client to convert a former restaurant building into a first-class veterinary clinic. As a result of Mr. Lipari’s efforts, our client has cleared the biggest […]
Deal Alert: Attorneys who are part of our National Veterinary Law Group at Mandelbaum Barrett PC recently represented a start-up veterinary hospital client in the acquisition and financing of a building in Monmouth County.
February 24, 2022
We are excited for the client’s next steps which include renovating the interior of the space to become a state-of-the-art facility.
Deal Alert: Joshua Gorsky represented a regional bank in the closing of a nearly $2MM loan to a borrower for the purchase of an investment property in Arkansas
February 4, 2022
Last Week Joshua Gorsky of our Real Estate Department demonstrated our national reach by representing a regional bank in the closing of a nearly $2MM loan to a borrower for the purchase of an investment property in Arkansas.
Lorber and Gorsky Complete Yearlong Approval Process for 50-unit Apartment Building
July 13, 2020
Senior Counsel Charlie Lorber and Associate Josh Gorsky recently completed a yearlong approval process before the Mine Hill Planning Board for a 50-unit apartment building. Charlie and Josh’s involvement in this matter involved both a zoning change and a site plan application (which included design waivers). The zoning change occurred first, and once that was […]
Craig Alexander Closes $50M Permanent Loan in New Jersey
May 14, 2020
Craig W. Alexander, a partner in the firm’s Real Estate Department, closed a $50,000,0000 permanent loan for a prominent New Jersey based real estate company with respect to a 300 plus unit multi-family project located in New Jersey.
Craig Alexander Closes $20M Construction Loan in Ridgewood, NJ
February 5, 2019
Craig W. Alexander, a Member in the Firm's Real Estate Practice Group, closed a $20,000,000 construction loan on behalf of a prominent developer for a residential project in Ridgewood, New Jersey.
Mandelbaum Barrett PC's Real Estate Team Completes Largest Real Estate Transaction in the Firm's 89 Year History
January 22, 2019
Congratulations to Mandelbaum Barrett PC's Real Estate team on completing the largest real estate transaction in the Firm's 89 year history. This complicated transaction on behalf of long-time Firm client Rubenstein Properties involved the sale of a portfolio of 29 properties (located in 6 different states) having approximately 5.2 M square feet of industrial space with a purchase price of nearly $200M. Member Owen Hughes led a team of attorneys and support personnel from the real estate practice and our Environmental Group, including Member Gordon Duus, who provided assistance on environmental matters. The contract was negotiated and signed in the fall of 2018. The transaction involved complex title and survey issues, property condition diligence, tenant issues, bulk sale and environmental compliance activities and negotiation and procurement of environmental insurance. The closing stretched over 3 days during the week of January 14, 2019, including one night with Owen and Chair Barry Mandelbaum leaving the closing table at midnight. We are proud of the team effort by the members of our Real Estate and Environmental practices to ensure a successful portfolio sale for our client.
Real Estate Group Helps Secure $17 million financing for client in purchase of Bronx NY apartment buildings
October 23, 2018
Congratulations to Robin F. Lewis and Daniel Barkin, Members in the Firm's Real Estate practice, who worked on securing financing as Counsel to Sterling National Bank which provided $17 million to Taconic Investment Partners for the purchase and financing of 2 apartment buildings in Bronx, NY. https://www.law360.com/…/109…/nyc-real-estate-week-in-review
Mandelbaum Barrett PC Plays Matchmaker in Large Mixed-Use Redevelopment Project
April 6, 2017
A recent matchmaking of 2 of our clients by our Real Estate Practice Group resulted in a large mixed-use redevelopment project that closed this April! To read details of this exciting project visit: https://lnkd.in/dDvysd8
