News & Insights

MS&B, led by Bakari G. Lee, recently represented the Newark Housing Authority (NHA) in a complex transaction to acquire 263 public housing units. These units were originally constructed through the U.S. Department of Housing and Urban Development’s (HUD) Hope VI grant program, a resource designed to transform public housing nationwide.

If you’re wondering just how much affordable housing New Jersey towns will be required to zone for, build, convert or renovate under the state’s new bill, you’re not alone.

The path to successful redevelopment is not always an easy one. The Borough of Haddonfield knows a thing or two about challenging redevelopment. The Borough has been trying to redevelop a gateway property since the early 2000s.

With municipalities working toward meeting new affordable housing requirements under recent legislation, a greater focus on transit-oriented development (TOD) is an important next step.

Haddonfield has designated Woodmont Properties as a conditional developer for a downtown parcel.

MS&B Partners Anthony Sodono, III and Sari B. Placona recently confirmed not one but two subchapter v Chapter 11 bankruptcy cases on the same day!

Gateway Development Commission (GDC) has announced that it submitted all documents required by the Federal Transit Administration (FTA) to reach a Full-Funding Grant Agreement for the Hudson Tunnel Project.

MS&B Partner Christopher Langhart recently chaired the National Association of Bond Lawyers (NABL) Conference in Atlanta. ✈️

Our firm closed on a complex and significant transaction in representation of our client the Newark Housing Authority (“NHA”) to acquire three affordable housing developments known as West Kinney (133 units), Stella Gardens (93 units) and Hayes (37 units) (collectively, the “Developments”). By way of background, NHA undertook the Stella Wright Homes Hope VI Revitalization Plan which consisted of the construction of five (5) new affordable housing properties (“Development Plan”).

Just like in sports, teamwork is at the core of MS&B’s mission.
Case in point: MS&B attorneys’ successful representation of Diamond Nation, LLC in selling the company’s massive sports complex to Unrivaled Sports. Unrivaled Sports adds the acquisition to an impressive list of investments, including the 76ers, the New Jersey Devils, and the Prudential Center.