Vermella Hackensack

Joseph L. Basralian represents the developer of the 19.7-acre tract in Hackensack formerly occupied by The Record, bordered by the Hackensack River and River Street.  The first phase of the development, called Vermella Hackensack, has been approved for 272 residential units with a pool and other amenities.  The second phase has been approved for approximately 13,000 square feet of first-floor retail space and 39 residential units above the retail.  The development will ultimately have a river walk along the Hackensack River and public access to the walkway.  Construction has begun.  It is anticipated that future phases of development will follow in due course.

Best Lawyers

Four Winne Banta partners have been included on the list of 2020 Best Lawyers. Joseph Basralian and Richard Kahn are included on the list of Best Lawyers in Real Estate Law. Gary Redish is included on the list of Best Lawyers in Commercial Litigation.  Kenneth Lehn has been included on the list of Best Lawyers in Commercial Litigation, Litigation – Labor & Employment and Litigation – Real Estate.

Once again, Winne Banta Basralian & Kahn was included in the top ranks of New Jersey law firms in four areas of practice:  Commercial Litigation, Litigation – Real Estate, Real Estate Law and Litigation – Labor & Employment.

Eighth Building Bergen Program Examines How Adaptive Re-Use is Changing the Face of Bergen County

The eighth Building Bergen program, scheduled for Wednesday, October 16 at Bergen Community College, is entitled “How Adaptive Re-Use is Creating Substantial Value for the County” and addresses how the face of commercial real estate is changing throughout Bergen County by finding new uses for old buildings.  Builders, developers, planners, architects and municipal and county officials are taking existing structures and adapting them in creative and exciting ways to meet the ever-changing needs of our communities.  Local leaders, real estate professionals and urban designers will discuss how adaptive re-use is a proven way to re-build and evolve stranded assets.

The Building Bergen program, founded and co-sponsored by Winne Banta, will take place on October 16, at The Anna Maria Ciccone Theatre at Bergen Community College.  Networking and breakfast will occur from 8:00 to 9:15 a.m., followed by the panel discussion from 9:15 to 10:30 a.m.  For more information, contact Alan Levine at alevine@levinemarketingsolutions.com.

Click here for WB – Building Bergen – Adaptive Re-Use press release.

Jason P. Capizzi closes note financing for the Long Branch Sewerage Authority

Jason P. Capizzi serves as Bond Counsel to The North Hudson Sewerage Authority.  The Authority successfully issued a $1,700,000 Project Note to the New Jersey Infrastructure Bank dated August 14, 2019.  The Note bears interest at the rate of 0.00% per annum payable at maturity on June 30, 2025.  The Note proceeds will be used to temporarily finance the Authority’s WWTP Hot Water System and Final Settling Tank Improvements; and WWTP Sludge Thickening System Improvements.

Jason P. Capizzi closes note financing for the Long Branch Sewerage Authority

Jason P. Capizzi serves as Bond Counsel to the Long Branch Hudson Sewerage Authority.  The Authority successfully issued a $5,237,000 Project Note to the New Jersey Infrastructure Bank dated August 14, 2019.  The Note bears interest at the rate of 0.00% per annum payable at maturity on June 30, 2025.  The Note proceeds will be used to temporarily finance the Authority’s Sanitary Sewer Railroad Crossing Study Improvements; Inflow and Infiltration Study and Improvements; and Hoey Pump Station Force Main Improvements.

Winne Banta Files Lawsuit Which May Overturn New Jersey Wine Retail Statutes

A lawsuit was filed on July 3, 2019 by Winne Banta in the United States District Court for the District of New Jersey which may end New Jersey law that prohibits the shipment of wine to consumers by out-of-state retailers.  The suit seeks to overturn New Jersey law that prohibits direct shipments of wine to consumers by out-of-state wine stores, while allowing shipments by in-state retail wine stores.  The plaintiffs are three New Jersey residents who are wine collectors, as well as a wine store in New York.

The suit was brought by Gary S. Redish, Esq. and Michael J. Cohen, Esq. of Winne Banta, Robert Epstein, Esq. of Epstein Cohen Seif & Porter in Indianapolis, and Professor J. Alexander Tanford of Indiana University Law School.  This follows an earlier case which the same team filed and was successful in a lawsuit in Federal Court in New Jersey and the United States Court of Appeals for the Third Circuit which forced New Jersey to adopt new statutes and regulations permitting out-of-state wineries that register with the State of New Jersey to ship wine to New Jersey residents.

If the Plaintiffs prevail in the new case, consumers may be able to bypass their local New Jersey wine stores and buy wine by telephone or via the internet from out of state retailers and have the wine shipped to them via Federal Express, UPS or similar services.

Steps to Success Pre-School approval

Bruce Rosenberg has secured approval from the Fair Lawn planning board for a new Steps to Success Pre-School center to be located on Broadway in Fair Lawn.  Steps to Success has existing day care centers throughout the metropolitan area.