October 11, 2013

Jennifer Carrillo- Perez Obtains Tax Abatement for Redevelopment of Former Hahne’s Store in Newark, Where Whole Foods Has Signed Lease for Retail Space

Jennifer M. Carrillo-Perez, firm Counsel and one of the New Jersey Law Journal’s 2013 New Leaders of the Bar, represented the entity 609 Broad Street, LLC in obtaining a tax abatement in the recently announced deal for the development of the former Hahne & Co. department store building, where Whole Foods has signed a lease for a 29,000-square-foot retail space.  The store will anchor the Hahne’s conversion into a multi-use building, featuring approximately 182 residential rental units.  The main level will be 83,000 square feet of retail and office space.  The project is a joint partnership between the Newark-based Hanini Group and L&M Development Partners of New York. The announcement marks the second major grocery store chain to come to Newark, according to NJ.com.