Jerold L. Zaro

Jerry Zaro

Member
 

Jerry Zaro, Chair of Banking and Real Estate Services Department, focuses his practice on banking and finance, real estate, corporate and government relations matters.  He began his law career as a judicial secretary to the Honorable Thomas F. Shebell, Jr. in the Superior Court of Monmouth County. Prior to joining Sills Cummis & Gross, Mr. Zaro was the President and Managing Partner of Ansell Zaro Grimm and Aaron and served as the Chair of the Commercial Real Estate and Finance & Banking departments. 

Mr. Zaro has served in a variety of leadership posts in the administrations of the last eight consecutive Governors of New Jersey—five Democrats and three Republicans.  Mr. Zaro served as Commissioner of the New Jersey Highway Authority, Chairman of the New Jersey Highway Authority, Commissioner of the NJ Sports and Exposition Authority and as the Chief of the Office of Economic Growth for the State of New Jersey, a cabinet level position in the administrations of Governor Jon Corzine (D) and Governor Chris Christie (R).  During his tenure as New Jersey’s economic “Czar,” Mr. Zaro made multiple significant strides in promoting and improving the business environment in the State utilizing incentives offered by New Jersey.  In this capacity, he had a hand in bringing thousands of jobs to New Jersey and helping retain jobs in danger of being relocated out of state.

Most recently, on April 10, 2018, upon recommendation of New Jersey Governor Phil Murphy, Mr. Zaro was appointed as one of three Trustees of the Gateway Development Corporation (GDC).  GDC oversees the Gateway Project, a multibillion-dollar infrastructure initiative to build a new rail tunnel under the Hudson River, a new Portal Bridge over the Hackensack River, an expansion of New York’s Penn Station, and other ancillary projects which would comprise the largest current infrastructure project in the United States.

Mr. Zaro has also worked to make New Jersey a friendlier environment for all businesses.  He helped to create and then lead the Real Estate Advisory Board, comprised of the leaders in the industry, to identify and eliminate red tape, propose pro-business legislation and attract more businesses to locate in New Jersey.  He worked to develop the widely praised Licensed Site Remediation Professionals Act, which outsources some Department of Environmental Protection applications to private licensed professionals and fast-tracks the application process.   

Mr. Zaro is also engaged in numerous business and corporate entities.  He was a founder of Ocean Independent Bank, a Member of the Board of Directors of First DeWitt Bank and Rumson-Fair Haven Bank, as well as Commerce of Bank Shore N.A., now part of TD Bank. He is also a principal in numerous real estate companies which buy, develop, own, manage and operate various properties, consisting of several million square feet, located in eight states, including office, industrial, warehouse, residential and retail properties.

In addition to his involvement with a variety of businesses and corporate boards, Mr. Zaro has been engaged with numerous charitable and governmental organizations and civic affairs.

 

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Rankings & Recognition

The Best Lawyers in America®* 2012-2018, Corporate Law
New Jersey Super Lawyers®* 2006-2007, 2013-2018, Real Estate: Business; Banking; Business/Corporate
Martindale-Hubbell®* AV rating
NJBIZ® magazine's "Power 100" List 2013
NJBIZ® magazine's "Power 50: The most Influential People in Real Estate" 2010-2011

*See Award Methodology