Partner Eugene T. Paolino Discusses Continued Development in Jersey City in NJ Biz
May 2, 2014 | By: Eugene T. Paolino, Esq.
Eugene T. Paolino, Partner in the firm’s Jersey City office, is quoted in Josh Burd’s article in NJ Biz, "J.C. Finds New Rules Haven’t Abated New Projects.” Mr. Paolino discusses how, despite the fact that tax abatements for waterfront residential projects have been scaled back, there is still strong interest from developers. Numerous projects such as 99 Hudson are "'indicative of continued interest,' said Paolino... . 'And that's what I hear from my colleagues, as well.'"
Mr. Paolino represented KABR Group and Kushner Cos. in securing the five-year tax abatement for the five-year tax abatement for the new Trump Plaza tower in early April.