Eugene T. Paolino to Moderate Multifamily Panel at Jersey City Summit for Real Estate Investment on October 31st

Firm Partner Eugene T. Paolino will moderate a panel of  strong, varied and very experienced developers and investors at the Jersey City Summit for Real Estate Investment on Tuesday, October 31st. The topics of discussion span a large list of developer concerns, including:

  • The drivers of Jersey City Residential Development;
  • The status of the condominium vs rental market;
  • Comparisons between Jersey City and other competitive markets: Brooklyn, Newark, Manhattan, Westchester, Long Island;
  • Transit Oriented developments; how important is work/live/play;
  • Is Port Authority doing enough to connect Jersey City to the entire metropolitan area?;
  • State and City incentives: GROWNJ, ERG, Tax Abatements, Redevelopment Area Bonds;
  • Financing issues: the Capital Stack, Equity Investment; what do the Lenders say;
  • Hotels, Hospitality uses in Jersey City;
  • Approaches to affordable housing policy in Jersey City;
  • What do the demographic and marketing studies show about the Jersey City market;
  • The Jersey City Gold Coast vs the rest of Jersey City: Can we have a treaty?
  • True Tax abatements (NYC) vs PILOTs (Jersey City);
  • Is the complaint of some local residents that Abatements are Developer give-aways true? If not, why not?

Mr. Paolino, a Jersey City native, has played a critical role in some of Jersey City’s most iconic and significant real estate projects along New Jersey’s Hudson River “Gold Coast”.

For more information about the Jersey City Summit for Real Estate Investment, please click here.

Rajiv D. Parikh Featured in the New York Times

Partner Rajiv D. Parikh was featured in a recent New York Times article entitled “South Asians in New Jersey are flexing their Political Muscle” regarding the South Asian community’s growing success in “working on campaigns, developing political strategies behind-the-scenes and being elected to office.” Mr. Parikh shares in the success as general counsel for the New Jersey Democratic State Committee and offers his insight onto this rising phenomenon, “I think there has been an awakening and a lot of it has to do with this transition from the immigrant mentality to the first- and second-generation mentality.” While the articles’ focus is on the South Asian community, it speaks to a universal theme of empowering all communities reaching beyond just our own.

The entire article and further explanation from Mr. Parikh can be found here.

Mr. Parikh is Co-Chair of the firm’s Hotel, Restaurant & Hospitality Industries Practice Group and Partner in the Complex Commercial LitigationIntellectual Property LawConstruction Law & Litigation, Corporate Political Activity Law, and White Collar Criminal Defense, Corporate Internal Investigations & Corporate Ethics Practice Groups.