About

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

Amendments to NY Wage Theft Law Head to Governor’s Desk
Posted on Friday July 25, 2014

Amendments to NY Wage Theft Law Head to Governor’s DeskA bill that would amend New York’s Wage Theft Prevention Act (the “Act”) awaits Gov. Andrew Cuomo’s signature. The changes offer both good news and bad news for New York employers. Originally enacted into law in 2011, the Act aims to protect low-wage workers from unscrupulous employers who may attempt to pilfer their pay by […]

The post Amendments to NY Wage Theft Law Head to Governor’s Desk appeared first on businesslawnews.com.

Could an Automatic Contract Renewal Land Your Business in Hot Water?
Posted on Monday June 09, 2014

 Could Automatic Contract Renewals Land Your Business in Hot Water?If your business includes automatic renewal provisions in your service contracts, you could be setting yourself up for unintended liability. States across the country are increasingly passing legislation that limits or conditions the use of such provisions. Automatic contract renewal clauses typically state that a service will automatically be renewed for a specified price on […]

The post Could an Automatic Contract Renewal Land Your Business in Hot Water? appeared first on businesslawnews.com.

Will New Jersey Legalize Marijuana?
Posted on Monday April 28, 2014

legalize marijuanaSenate Judiciary Committee Chairman Nicholas Scutari (D-Union) has introduced Senate Bill 1896 for consideration by the New Jersey Senate.  The proposed legislation would legalize possession, cultivation and the sale of small amounts of marijuana. He believes that it is time for New Jersey to stop prosecuting and start regulating and taxing minor marijuana use. However, […]

The post Will New Jersey Legalize Marijuana? appeared first on businesslawnews.com.

Sole-Owner LLCs: Are you really protected?
Posted on Thursday April 24, 2014

LLCMany limited liability companies (“LLCs”) are created in an effort to decrease personal liability. However, if you are a sole owner of an LLC, it is important to do more than just create the LLC. There are many actions that must be taken after filing the organizational document, be it a Certificate of Formation or […]

The post Sole-Owner LLCs: Are you really protected? appeared first on businesslawnews.com.

Cannabis Inc.: Are Banks Finally Ready to Take the Plunge?
Posted on Thursday March 13, 2014

Cannabis Inc.: Are Banks Finally Ready to Take the Plunge?Some form of marijuana use is legal in more than 20 states, with Colorado and Washington going so far as decriminalizing and regulating recreational use. Similar efforts are also underway here in New Jersey, where 57 percent support legalization. Despite changing public sentiment and state-level marijuana legalization proposals, cannabis is still illegal under federal law. […]

The post Cannabis Inc.: Are Banks Finally Ready to Take the Plunge? appeared first on businesslawnews.com.

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Videos

Commercial Mortgage Lending Transactions in New York and New Jersey

HI, I'm Robert Marsico and I'm a commercial real estate attorney with Scarinci Hollenbeck. I specialize in assisting lenders and borrowers with Commercial Mo...

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Representative Matters

Representation of a national commercial institution as lead lender and administrative agent in making of a mullt-iparty ground lease based construction/permanent mortgage loan on a multi-use residential/commercial facility in northern New Jersey.

Representation of a family LLC in the acquisition of a large warehouse property in Hudson County, NJ.

Representation of private trust in the acquisition of an extensive real property tract in Monmouth County.

Representation of a property holder in central New Jersey in connection with various farmland assessment issues and leasing agreements.

Representation of a commercial lender in making a series of commercial mortgage loans on industrial/commercial properties to several related entities in central New Jersey, which included various easement, access and environmental issues.

Representation of a professional group in negotiation of commercial office leases in Essex County.

Representation of a commercial property manager in numerous issues raised by the acquisition, leasing and operation of a 500,000 square foot warehouse and trucking facility in Northern New Jersey.

Representation of private entrepreneurs in the acquisition of numerous commercial investment properties in New Jersey and New York City.

Representation of a limited partnership in acquisition of garden apartment complex in Essex County, New Jersey.

Representation of a developer in redevelopment of a multi-family apartment property in Hudson County, New Jersey including municipal approvals, construction contracts and leasing issues.

Representation of a property developer in drafting and negotiation of complex easements required in connection with the sales of numerous tax parcels.

Representation of a hotel developer in obtaining of required governmental approvals for the construction of a hotel facility in northern New Jersey.

Representation of a governmental entity in the drafting and negotiation of numerous complex access easements in connection with a large major subdivision in central New Jersey.

Representation of a national consumer company in the development of its new corporate headquarters in Middlesex County, New Jersey, including land acquisition, obtaining of land use approvals, drafting and negotiation of construction contracts and resolution of environmental issues.

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