In the News

The 2019 NJBIZ Law Power 50

NJBIZ

June 24, 2019

Sills Cummis & Gross Managing Partner Max Crane and Members Ted Zangari and Jerry Zaro are included in the NJBIZ “Law Power 50” ranking of the most influential attorneys in private practice, public service, corporate law departments and nonprofit organizations in New Jersey. 

NJBIZ stated, “... the professionals recognized in these pages all help set the agenda for New Jersey. And they get results. Those results may not be broadly popular – but that’s the nature of negotiations, contracts and the legal system itself. But someone or some group will be happy with what their lawyer or representative accomplished on their behalf. And the Power 50 lawyers likely have a lot of satisfied clients and constituents. Some of the attorneys listed here have also been recognized on other NJBIZ rankings – double and even triple congratulations to those folks. It’s safe to say that the entire state benefits from the high quality of work turned in by the attorneys on this list. They are either representing worthy clients and causes or keeping state officials and corporate executives honest. By performing at a high level, these professionals force their adversaries to do the same. That’s good for everyone who cares about making New Jersey a better place to live, work and do business.”

NJBIZ had this to say about Crane, Zangari and Zaro:

Max Crane
“Profits per partner at Sills Cummis & Gross have grown by 40 percent since Max Crane became managing partner just over a decade ago. The firm generated $90.2 million in revenue in 2018, up just over $3 million from 2017. And Sills Cummis has handled some high-profile cases in the last year, like representing activist investor Third Point LLC in a proxy fight against Campbell Soup Co. in the fall that nabbed Third Point two spots on the soup-maker’s board, and acting as co-counsel in a class action brought by Wyckoff, Glen Rock and Midland Park against the Ridgewood Water Utility to invalidate a 37 percent rate increase over five years.”

Ted Zangari
“Zangari is the man to see about investing in Opportunity Zones. A member of Sills, Cummis & Gross and chair of the firm’s real estate department along with its government relations and public policy and redevelopment law practices, he is often interviewed for articles and tapped for speaking engagements on the subject. In a ranking of ‘politically influential law firms’ by politickernj.com, the firm was ranked number one among Am Law 200 law firms in New Jersey, and Zangari was described as someone who is ‘well liked by insiders on both sides of the aisle.’ He steers a team on large-scale mixed use projects including land assemblage, redeveloper designations and agreements, tax increment financing and other public incentives. Zangari currently serves on the Executive Committee and Board of Directors of the NJ State Chamber of Commerce. He is also a founding member of the Rutgers University Center for Real Estate, where he serves on the Center’s Executive Committee, and is also a member of the Board of Trustees of George Washington University’s Center for Real Estate and Urban Analysis.”

Jerry Zaro
Zaro came in at #4 on the list (only the top 10 are ranked).  "Gateway Program Development Corp. chairman; chair of Banking and Real Estate Services Department at Sills Cummis & Gross PC.  Zaro is routinely making the case to replace the 108-year-old Hudson River rail tunnels that connect New Jersey and New York City and the 108-year-old Portal Bridge in New Jersey.

The Portal Bridge spans the Hackensack River between Secaucus and Kearny, and opens to allow ships to pass on the river. The bridge regularly becomes stuck, which halts trains from Boston to Washington, D.C.

More than 200,000 people travel through the tunnels and across the bridge each day.

Zaro is pleading for federal funding. Zaro and other supporters of the Gateway project note that 20 percent of the American economy depends on the Hudson River tunnels carrying trains between Washington D.C., New York City and Boston.”