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Gregory S. Ricciardi

Overview

Greg Ricciardi concentrates his practice in the area of commercial real estate with a focus on transactional practice. When he is not working, his favorite activity is helping his twin sons build small cities out of Legos.  In addition to the joy he receives watching their creative visions come together, Greg takes great pride and satisfaction in showing them the real world projects he has helped develop throughout the Garden State. 

Greg represents developers, buyers, sellers, lenders, borrowers, landlords and tenants in complex commercial real estate transactions including all facets of transactional real estate: leasing, acquisitions, dispositions, financings, development and construction. He also advises clients on matters related to land use approvals, real property tax appeals, environmental issues and other various real estate related needs.  

He previously worked for large law firms in both central and northern New Jersey representing clients in real estate matters. Greg came to Parker McCay to dedicate his experience and real estate knowledge to the service of the Firm's clients.  His practical approach to the law is aimed at identifying creative solutions to achieving his client's business goals and finding a way to get the deal done.  Greg works with teams of architects, engineers, planners, lenders, governmental agencies, utility providers, contractors and stakeholders to develop exciting new projects and rejuvenate distressed areas.  He is experienced with tax credit funding programs and redevelopment incentives that offer and expand opportunities to his clients.

As the Co-Chair of the firm's Wellness Committee, he is dedicated to improving the overall health and well-being of himself, his colleagues and the community. Greg resides in Kendall Park, New Jersey with his wife and their twin master builders.

Professional Activities

  • New Jersey Bar Association
  • New Jersey Chapter of the Community Associations Institute

Community Activities

  • Mid-Jersey Chamber of Commerce
  • International Council of Shopping Centers PA/NJ/DE

Experience

Experience

  • Represented a client in connection with a $32,000,000 site acquisition.
  • Assisted a municipality in the preparation and adoption of a Redevelopment Plan and the preparation of a Redevelopment Agreement.
  • Represented a national developer in connection with various Low Income Housing Tax Credit projects, including financing from private and public funding sources.
  • Represented a Borrower in connection with a $7,000,000 refinance of a 99 unit apartment building.
  • Represented a client in connection with the $5,200,000 sale of a bank site.
  • Represented a developer in connection with a $4,500,000 refinance for a town center project.
  • Represented a developer in connection with two loan closing of $2,250,000 and $1,700,000, respectively, for a mixed use development.
  • Represented a land conversancy client in connection with the acquisition of land for preservation, including Green Acres funding and local subdivision approvals.
  • Represented a developer in connection with negotiating a ground lease with national service/retail tenant.
  • Represented several commercial real estate clients, including retail shopping centers, warehouses, research and development facilities, and office building in real property tax appeal cases, resulting in significant tax refunds. 
Photo of Gregory S. Ricciardi

Education

  • Seton Hall University School of Law (J.D., magna cum laude, 2007)
    • Order of the Coif
    • Legislative Bureau Legal Journal
  • Cornell University (B.S., Urban Studies, 2003)

Admissions

  • New Jersey
  • Pennsylvania
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