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Day Pitney's Real Estate group recently closed the sale of Blue Back Square, West Hartford, CT, to Starwood Capital Group. Blue Back Square, a mixed use development, includes over 210,000 square feet of retail and restaurant space, 205,000 square feet of office space and 48 apartments.
Since 2002, Day Pitney has been lead counsel to the owner and developer, playing a key role in moving Blue Back Square from concept to reality in record time under very challenging economic conditions. Day Pitney was instrumental in negotiating and structuring a critical and creative public/private partnership with the Town of West Hartford, and provided legal assistance with all aspects of the ambitious redevelopment, including the environmental investigation and remediation of past contamination, zoning and wetlands approvals, property acquisitions, special service district tax and municipal bonds, joint venture agreements, construction and permanent financing, and condominium creation.
During the course of the development, Day Pitney successfully defended 11 lawsuits aimed at delaying the project until it was no longer financially viable. Blue Back Square prevailed in all lawsuits that were not otherwise withdrawn by the plaintiffs. Day Pitney also represented Blue Back Square in a lawsuit against the owners of West Farms Mall, alleging vexatious litigation, abuse of legal process, tortious interference with contractual and business relations, and CUTPA violations. This lawsuit concluded before trial with a favorable settlement for Blue Back Square.
Real estate partner Rosemary Ayers led the team for the sale of the project, assisted by real estate associate Marie Bertrand. Environmental partner Beth Barton brought environmental experience to the team with assistance from environmental associate Ailla Wasstrom-Welz. Commercial real estate associate Daniella Azevedo, paralegal Pina Salvatore and LAA Barb Halloran also assisted.
Day Pitney Real Estate Partner Craig M. Gianetti authored an article titled, "New Jersey's Outdated Sewer and Water Connection Fee Statute And Challenges to Municipal Calculations," for the New Jersey Builders Association's Dimensions Newsletter.
On June 2, at the CBIA's 2022 Energy & Environment Conference, Day Pitney Environmental and Land Use partner Harold Blinderman is moderating the panel, "A New Release-Based Clean-Up Program: Status, Process & Next Steps," and Elizabeth C. Barton, partner and Chair of the Environmental practice, is a panelist, along with speakers from CT DEEP's Environmental Quality Branch and Water Protection and Land Use division and BL Companies.
On May 18, Day Pitney New Jersey Real Estate Partner Peter Wolfson was a panelist on the "P3 Partnerships: A Path for Progressive Development," panel at a CoreNet NJ event.
Miami-based Real Estate Partner Sandra M. Ferrera is speaking on the University of Miami School of Law's Hispanic Law Students Association panel, "Legal Series Tournament: Practice Area Battle Royal: Team Litigation vs. Team Transactional."
On February 23, Partner Craig M. Gianetti spoke at the program, "Land Use Update 2022," about challenges to zoning ordinances and ethical issues in land use matters.
Day Pitney Press Release
Day Pitney's Real Estate Team was recognized by the Philadelphia Business Journal with a first place win for "Best Industrial Deal Execution" for the firm's work on the King of Prussia Logistics Hub.
Day Pitney was included in Real Estate NJ's "Professional Spotlight 2022: Top Law Firms in New Jersey Commercial Real Estate."
Boston-based Commercial Real Estate Partner Jared Ross was quoted in The Boston Globe article, "BPDA Bids to Streamline Process of Developing City-Owned Land."
Day Pitney Real Estate team counseled Novaya Foxfield Industrial in the sale of two industrial assets in Atlanta and Philadelphia leased as distribution facilities.
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This website may use cookies, pixel tags and other passive tracking technologies, including Google Analytics, to improve functionality and performance. For more information, see our Privacy Policy. By using our website, you are consenting to our use of these tracking technologies. You can alter the configuration of your browser to refuse to accept cookies, but if you do so, it is possible that some areas of web sites that use cookies will not function properly when you view them. To learn more about how to delete and manage cookies, refer to the support instructions for each browser (e.g., see AllAboutCookies.org). You may locate Google Analytics' currently available opt-outs for the web here.