
Martin L. Borosko
In The News
Martin L. Borosko is the Managing Member of the Firm. Mr. Borosko has represented land developers, contractors, sureties, public entities and other interested parties in matters relating to major redevelopment, development and construction projects throughout New Jersey, Pennsylvania, New York and Massachusetts. Among the clients he has represented are: Asbury Partners, LLC; Lennar Corporation; US Homes; the Wilf Organization (Highlands at Morris); Dornoch Holdings, LLC; Triton Capital Fund; Premeir Rinks, Inc. d/b/a Athletica; Tom Martin Construction Company, Inc.; Fireman's Fund Insurance Company; the New Jersey Turnpike Authority; and Schoor DePalma.
In representing these entities and others, Mr. Borosko has a broad range of experience in all facets of real estate development and redevelopment. In the area of redevelopment, among other things, he has counseled clients in connection with (1) municipal adoption of redevelopment plans or major amendments to existing redevelopment plans, (2) structuring the terms of redeveloper agreements with local redevelopment entities, and (3) implementation of redevelopment plans including acquisition of property by eminent domain. He has also served as lead counsel in a number of landmark cases creating new law and involving complex questions of redevelopment law. See e.g. Jersey Urban Renewal, LLC v. City of Asbury Park, et al., 377 N.J. Super. 232 (App. Div. 2005) allowing a municipality to restrict competing development within an area in need of redevelopment; Britwood Urban Renewal, LLC v. City of Asbury Park, et al., 376 N.J. Super. 552 (App. Div. 2005) defining a municipality's right to require property owners to contribute to the costs of improving off site infrastructure associated with a redevelopment effort; D&M Asbury Realty, LLC v. City of Asbury Park, 2005 WL 3693210 (App. Div. 2005) involving a challenge to the validity of a redevelopment plan and redevelopment agreement; and Asbury Park Board of Education vs. City of Asbury Park, 2006 WL 870986 (App. Div. 2006) involving the right of a municipality to take the property of a local school board.