Firm Partner Paul Sangillo recognized in Spanish Business Magazine for Revitalization Efforts

August 1, 2010

Firm Partner Paul Sangillo recognized in Spanish Business Magazine for Revitalization Efforts

Florio Perrucci Steinhardt & Fader is proud to announce the well deserved recognition Mr. Paul Sangillo received in the Magazine, Negocios Hispanos, or Spanish Business Magazine.

The spanish written article, brings to light Mr. Sangillo's incredible work and participation as lead council with the Newark Downtown Core Redevelopment Corporation. Additionally, the article makes mention of Paul's assistance with the construction of the state of the art Prudential Center Arena in Newark, NJ. A copy of the spanish written article can be read here: http://www.scribd.com/doc/36137780/News

Mr. William Crawley, the CEO of the Newark Downtown Core Redevelopment Corp. had this to say about Mr. Sangillo's work, along with that of the entire firm,

"Throughout the construction of the Prudential Arena and after laboring under very difficult legal and financial constraints across multiple public and private entities, the Newark Downtown Core Redevelopment Corporation was able to close the initial exchange and execute the circulation project. I wanted to let you know how pleased I am with Paul Sangillos leadership on this deal and the fabulous work done by Florio Perrucci Steinhardt & Fader on this transaction. Florio Perrucci Steinhardt & Fader has an outstanding team.

Paul Sangillo had the challenge of providing constant leadership for three public entities-the NHA, NDCRC and the City of Newark. His attention to detail is legendary and his insistence that we operate at the highest levels of integrity and transparency as public officials is outstanding. We trust him implicitly to do what is right on our behalf. I have witnessed first hand Florio Perrucci Steinhardt & Fader's passionate and effective advocacy on behalf of both the NHA and the NDCRC. The firm, most importantly, worked tirelessly to move this transaction to closing.

The citizens of Newark have invested almost $300,000,000 in the Arena deal. It is a transaction whose success is critical to the City of Newark. To that end, Florio Perrucci Steinhardt & Faders good work has set the stage for future development."

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