Robert A. Marsico Scarinci Hollenbeck Attorney

Robert A. Marsico Bio:


Robert A. Marsico is a real estate and commercial transactions lawyer with more than 30 years of legal experience. He represents a wide variety of financial institutions, corporate and entrepreneurial clients in the areas of mortgage financing, commercial project acquisitions and sales, commercial leasing and other business transactions.

Mr. Marsico has extensive experience representing clients in the negotiation, drafting and closing of commercial mortgage financing transactions, term loans, construction financing, loan participations, loan workouts and financial restructuring. In addition his expertise includes the representation of buyers and sellers of commercial, industrial, retail and residential real property throughout the state.

Mr. Marsico has negotiated and drafted a wide variety of real property leases and subleases, including long and short term industrial, office, retail and residential. He represents clients in commercial and institutional ground leasing transactions, warehousing agreements, and farmland leasing arrangements. He also counsels and assists clients in connection with the extension, modification and renegotiation of existing leases and subleases, as well as with questions arising from the interpretation of leasing documents and disputes arising therefrom.

He has represented a large number of entities and individuals before municipal bodies in connection with zoning and land use applications. Mr. Marsico has also advised real estate developers and commercial end users in connection with the construction and renovation of office buildings, industrial facilities, apartment buildings and warehouse properties, from required permitting, to land acquisition, to construction contracts through project completion. He has represented property managers of commercial, industrial and multifamily resident facilities in addressing the myriad of issues which are part of the management function. Furthermore, he has provided general corporate and real estate related counseling to numerous individuals, limited liability companies, partnerships and corporations on a great number of diverse matters, including business contract negotiations, leasing strategies, easement negotiation and drafting, landlord-tenant disputes, farmland assessment qualification and renewal, private loan transactions, intra-familial property transfers, business acquisitions and sales, co-operative and condominium (both residential and commercial) acquisitions and sales, representation of institutional lenders in the drafting of forms of commercial loan documentation, and real property tax appeals.

Mr. Marsico is a member of the American Bar Association and the New Jersey State Bar Association. He has lectured and written on numerous real estate topics for the Graduate Realtors Institute, the National Business Institute and the New Jersey Mortgage Bankers Association. Mr. Marsico has served as a member of both the Zoning Board of Adjustment and the Planning Board for the Borough of Wood-Ridge, Bergen County, New Jersey, with a term as chairman of each entity.

Education

Columbia University School of Law (J.D., 1979)

Saint Peter’s College (B.A., summa cum laude, 1976)

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Publications

Title Publisher Date
Advanced Real Estate Law in New Jersey National Business Institute, Inc. 1991
Mastering Real Estate Titles and Title Insurance in New Jersey National Business Institute, Inc. 1995, 1996

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Blog

Is Poor Contract Management Hurting Your Bottom Line?
Posted on Thursday May 21, 2015

From client contracts to employment agreements to leases, even small businesses can have hundreds if not thousands of contracts. Thanks to technology, a lot of contract management is done digitally. However, many contracts are still prepared, signed, and filed using traditional paper format. The sheer increase in contract volume, as well as the diverse types of electronic and paper agreements, have made contract management even more important. However, studies suggest that many businesses may not be dedicating sufficient resources to managing their key agreements. In fact, a 2014 Huron Legal survey of 100 legal technology professionals revealed that 57 percent […]

The post Is Poor Contract Management Hurting Your Bottom Line? appeared first on businesslawnews.com.

When Are Banks Liable for Injuries on A Foreclosed Property?
Posted on Wednesday April 29, 2015

As New Jersey continues to address the glut of abandoned, a foreclosed property, liability issues are arising over who is responsible when injuries occur. In a recent decision, the Appellate Division refused to impose liability on Bank of America, N.A. (BOA) for a slip-and-fall injury that occurred on an icy sidewalk abutting a foreclosed property. The decision in McRoy v. Eskander turned on whether the bank was considered a “mortgagee in possession.” The Facts of the Case The plaintiff, Matthew McRoy, injured his arm when he slipped and fell on snow and ice that had accumulated on a sidewalk abutting […]

The post When Are Banks Liable for Injuries on A Foreclosed Property? appeared first on businesslawnews.com.

Even Company Officers Can Blow the Whistle on Securities Fraud
Posted on Thursday March 26, 2015

Highlighting that anyone can become a whistleblower on securities fraud under the right circumstances, the Securities and Exchange Commission (SEC) recently announced that it plans to award between $475,000 and $575,000 to a former company officer. As previously discussed on the Scarinci Hollenbeck Business News Blog, the SEC’s whistleblower program provides financial incentives to individuals who report original, high-quality information about a securities fraud that results in an enforcement action with sanctions exceeding $1 million. Whistleblowers may be awarded from 10 percent to 30 percent of the money collected in a case. The SEC has awarded nearly $50 million to 15 […]

The post Even Company Officers Can Blow the Whistle on Securities Fraud appeared first on businesslawnews.com.

Amendments to Wage Theft Prevention Act Become Law In New York
Posted on Wednesday January 14, 2015

Now that the amendments to the wage theft prevention act are law, how will this affect New York employers? New York employers can cross one administrative “to-do” off their lists for 2015. With very little time to spare, New York Governor Andrew M. Cuomo signed into law amendments to the Wage Theft Prevention Act on December 29, 2014, which amendments were originally passed by the New York legislature last summer. The practical effect is that New York employers will not be required to deliver annual wage notices to their workers before February 1 each year. As previously discussed on the […]

The post Amendments to Wage Theft Prevention Act Become Law In New York appeared first on businesslawnews.com.

New Jersey Businesses Had A Good Year in 2014
Posted on Wednesday December 31, 2014

For many New Jersey businesses, 2014 was a good year. More importantly, many New Jersey busineses expect their success to continue into the New Year. According to Provident Bank’s 2014 Business Barometer, which surveyed more than 300 New Jersey business owners, 43 percent reported that their business performed “great” or “good” in the past 12 months. In addition, fewer companies reported struggling or poor performance of new jersey businesses in 2014 compared to 2013 (26 percent vs. 31 percent). Looking ahead, 82 percent of owners of new jersey businesses  stated that they are either somewhat or very optimistic about the […]

The post New Jersey Businesses Had A Good Year in 2014 appeared first on businesslawnews.com.

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