6B — November 27 - December 10, 2015 — Owners, Developers & Managers — M id A tlantic
Real Estate Journal
www.marejournal.com
O wners , D evelopers &M anagers Project consisting of 1,050 residential units, 105,000 s/f of retail Matan’s proposedRennProp. project receives rezoningapproval
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Frederick, MD — By a vote of 5 to 0, the Mayor & Board of Frederick City approved the rezoning and master plan for Matan Com- panies’ Renn Property, a mixed-use project consisting of 1,050 residential units, 105,000 s/f of retail, and 73 acres of dedicated parkland – located adjacent to the Car- roll Creek Project and the Linear Park in Downtown Frederick. “We are thrilled with the vote, this is a major step for- ward for the city of Frederick,” said Mark Matan , principal
Renn Property rendering
Venable LLP hires Dainel Bernstein New York, NY — Ven- able LLP has further deep- ened its New York real estate practice with the announce- ment that experienced real estate regulatory and trans- action attorney Daniel Ber- nstein has joined the firm as counsel in the New York office. Bernstein arrives from Se- iden & Schein, PC, where he handled a wide range of mat- ters involving major New York City residential, commercial, and mixed-use properties. He counsels developers on obtaining economic incentives for projects, including Section 421-a and 420-c tax exemp- tions for new housing, ICAP tax abatements for commer- cial development, and devel- opment rights bonuses under the Inclusionary Housing program. Those specialties have become especially impor- tant in the last several years, amid a call for more affordable housing options by New York Mayor Bill de Blasio. Bernstein frequently works with New York government and regulatory agencies, in- cluding NYC Housing Preser- vation &Development and the Department of Finance and Department of Small Business Services. n The 220-acre Renn Farm site, previously zoned for light industrial use, will now be transformed into a walkable, mixed-use community. n for the Matan Companies. “The Renn Farm rezoning represents the culmination of over 10 years worth of public and private efforts to create a revitalized Downtown with a major walkable neighbor- hood.”
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