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

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.

NY Businesses Must Comply With New Debt Collection Regulations in 2015
Posted on Monday December 15, 2014

Earlier this month, the New York Department of Financial Services issued rules regarding new debt collection regulations. The regulations represent the first use of “gap authority” under the New York Financial Services Law, enacted in 2011. That statute allows the state to regulate and enforce rules against previously unregulated providers of financial products and services. “Here in New York we will not tolerate debt collectors who wrongfully take advantage of consumers,” Governor Andrew Cuomo said in a press statement. “That’s why we’re rolling out tough new regulations that protect borrowers and help crack down on illegitimate debt collection practices. These […]

The post NY Businesses Must Comply With New Debt Collection Regulations in 2015 appeared first on businesslawnews.com.

Too Close for Comfort? Federal Reserve Oversight of Big Banks Under Fire
Posted on Tuesday December 02, 2014

The Federal Reserve Bank of New York is facing growing criticism over its Wall Street oversight. Critics, including several high-ranking members of Congress, contend that it is too cozy with the entities it is charged with regulating. One of the top concerns is the so-called revolving door through which employees move to and from the big banks and its chief regulator. The New York Fed’s president, William C. Dudley, formerly worked as Goldman Sach’s chief economist. While Dudley has taken a tougher approach to Wall Street supervision during his tenure, critics of the New York Fed question whether he is […]

The post Too Close for Comfort? Federal Reserve Oversight of Big Banks Under Fire appeared first on businesslawnews.com.

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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 Mortgage Lending Transactions in New...

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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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