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.