November 26, 2018
Sills Cummis & Gross Members and Real Estate Department Chairs Mark S. Levenson, Jeffrey Hugh
Newman and Ted Zangari are profiled as “Leaders in Commercial Real Estate.”
This NJBIZ Vanguard Series recognizes individuals for their significant
contributions to the commercial real estate sector.
NJBIZ said the following about our Members:
Mark S. Levenson
“Chair of the Real Estate Transactions Group at law firm Sills
Cummis & Gross PC, Levenson has done extensive international work for
clients in Israel, the U.K., India, the Czech Republic, Eastern Europe, Latin
America and France. However, he also focuses on matters of commercial real
estate in the Garden State.
“Within the last 12 months, Levenson has been intimately
involved in the financing for the construction of the New Brunswick Cultural
Center, a $100 million project in New Brunswick developed by a joint venture.
“Additionally, he worked on the move of the Panasonic USA
headquarters from Secaucus to Newark; the workout and eventual sale of 744
Broad St. in Newark, which involved multiple banks; the sale of 3 Gateway in
Newark, which also involved significant reworking of the Prudential lease; the
acquisition of the former Verizon headquarters at 540 Broad St. in Newark; and
the lease related to the move of Virginia Dare Extract Co. from Brooklyn, N.Y.,
Jeffrey Hugh Newman
“For more than 25 years, Jeffrey Hugh Newman has been an active
player on the state, national and international levels in real estate, real
estate litigation, litigation strategy and positioning and real estate finance.
“With a background in corporate and business law and a master’s
degree in taxation, the senior partner and chair of law firm Sills Cummis &
Gross PC’s Real Estate Department has earned significant recognition for his work
with retailers, developers, landlords and lenders. Along with his team, he has
represented some of the most high-profile publicly traded real estate owners
and tenants in the industry, specifically handling scores of New Jersey
transactions and litigations on their behalf.
“In addition, Newman helped to create the concept of a
horizontal commercial real estate condominium in New Jersey and then worked to
replicate the concept in other jurisdictions.
“Newman earned the designation of Certified Real Estate
Executive from the International Council of Shopping Centers in 2013. He is the
only member of the 60,000-plus ICSC membership to have chaired the ICSC Law
Conference, the New York DealMaking Conference and the RECon Spring Convention,
which attracts over 30,000 attendees.”
“Ted Zangari is a man who wears many hats. As chair of law firm
Sills Cummis & Gross PC’s Real Estate Department and Redevelopment Law
Practice Group, he leads attorneys on large-scale mixed-use projects including
land assemblage, redeveloper designations and agreements, tax increment
financing and other public incentives, environmental remediation, commercial
condominiumization and construction contracts.
“Zangari routinely handles complex business transactions with
an emphasis on commercial leasing and acquisition and financing transactions
for owners, lenders and tenants of distribution facilities, office buildings
and shopping centers across the U.S.
“As chair of the firm’s Public Policy and Governmental Affairs
Practice Group, Zangari advises developers, hospitals, banks and other
regulated industry clients about the ways government and business intersect on
a broad range of legislative and regulatory matters.
“Zangari is the founder of the Smart Growth Economic Development
Coalition and an executive committee member of the Rutgers Center for Real
Estate Studies. He has been recognized and honored by several organizations,
including NAIOP New Jersey, New Jersey Chamber of Commerce and the Kislak Real
Estate Institute at Monmouth University.”