Major Educational Institution - Environmental Matters in Connection with 14-Acre Parcel of Land in Kendall Square
Representation of a major educational institution regarding environmental matters in connection with its accepted bid of $750M and its execution of an Exchange Agreement concerning its future acquisition of part of a valuable 14-acre parcel of land located in the Kendall Square area of Cambridge. The land is currently owned and used by the federal government. The educational institution is to construct a significant replacement facility, which will be turned over to the federal government after its completion, then allowing the institution to acquire and redevelop the remaining portion of the 14-acre parcel as a major mixed use project.
Sale of Contaminated Property Located Upgradient of Reservoir
Representation of the seller in the $24M full price sale of a significantly contaminated commercial property that is located upgradient of a major reservoir.
Environmental Counsel in $1.725B Sale of Malls to Simon Property Group Joint Venture
Counsel in environmental matters to one of the premier real estate development and management companies in New England concerning its development, financing and subsequent $1.725B portfolio sale of 14 regional malls to a Simon Property Group joint venture.
Brownfields Developer Representation
Representation of a regional Brownfields developer, including contractual risk allocation, environmental insurance and regulatory guidance work.
Placement of the First Massachusetts Brownfields Pollution Legal Liability Environmental Insurance Policy
Representation of the seller/named insured in connection with the placement of the first Massachusetts Brownfields Redevelopment Access to Capital Program pollution legal liability environmental insurance policy.
Analysis of Impact and Benefits of Enacted Massachusetts Brownfields Bill
Worked closely with leading state legislators to analyze impacts and benefits of the then proposed and now enacted Massachusetts Brownfields bill.
Redevelopment of Kendall Square Properties
Ongoing representation of significant educational institution in connection with its redevelopment of an assemblage of property located in Kendall Square in Cambridge, MA. The firm assisted in successfully gaining the City’s approval for the planned unit development to revitalize this formerly commercial and industrial land. Ned’s environmental work focuses on Massachusetts Contingency Plan matters, contaminated soil management, structuring issues associated with minimizing environmental risk, and planning for a possible Massachusetts Brownfields tax credit application.