October 30, 2018
Ted Zangari moderated a panel at the Opportunity Zones
Conference sponsored by the Rutgers Center for Real Estate. The Opportunity
Zone program was discussed.
“Ted Zangari, head of the Real Estate Department at Sills
Cummis & Gross and the person credited for bringing the Rutgers Center for
Real Estate event together Monday in New Brunswick, summed it up this way:
“‘If ever there was an idea that challenged the notion that if
something is too good to be true it probably is, it would be the Opportunity
Zone program,’ he said.
Later in the article, according to Zangari, “The knowledge of
the Opportunity Zone program is limited.”
“[Zangari] feels it will improve — now that the first set of
regulations were released by the federal government — but he said more towns
need to know what’s out there.
“And, they need to know this will not come easily.”