WOH LAWYERS PLAY A MAJOR ROLE IN THE E-COMMERCE REVOLUTION IN NEW YORK
- Posted By: David Everett
- Category: Featured Industry Updates Land Use and Development
The rapid growth in e-commerce has transformed global trade and brought producers and consumers closer together than ever before. The e-commerce revolution, accelerated by the COVID pandemic, resulted in the need for society to develop additional infrastructure to get packages to consumers more quickly and more efficiently. It has transformed the way people live, work and shop in the 21st century.
Our lawyers are on the front lines of this global revolution. Our extensive experience in providing a variety of legal services to some of the largest e-commerce projects in the Capital Region, across the Hudson Valley, and throughout New York State is clear proof of that.
Over the last several years, our attorneys have worked extensively on approvals and/or the development of over 12.5 million square feet of building space for e-commerce projects throughout New York State. These projects are valued at more than $1 billion; they have created thousands of new jobs for New Yorkers and generated millions of dollars in tax revenues for taxing jurisdictions in the state. We are incredibly proud of this accomplishment.
The projects we’ve worked on have included fulfillment centers, last-mile facilities, sortation centers, and warehouses, to name a few. We recently completed a distribution center containing over 900,000 sf of space for Matrix Development Group in Newburgh, N.Y. to be used by Tesla for its east coast distribution hub. Additionally, we have recently provided legal services related to numerous Amazon projects, some totaling more than 1 million sf of space. The average value of many project was more than $100 million. We have worked on projects to be used by many Fortune 50 companies, including Amerisource Bergen, Home Depot, FedEx, Amazon, and Tesla as well as many national industrial developers.
For more information about the e-commerce projects that we have helped bring to New York, please visit our website at: https://www.woh.com/industries/16/Distribution-Centers/
Also, to see some of these massive projects under construction, look at the following: https://petillo.com/projects/new-york/sailfish/
https://petillo.com/projects/new-york/matrix-logistics-center/
https://petillo.com/projects/new-york/project-redtail/
Our work on e-commerce projects often includes the following, among other things:
- Obtaining land-use and environmental approvals necessary to construct, occupy, and operate various e-commerce projects.
- Providing comprehensive real estate transactional services related to purchasing, selling, and leasing project sites including detailed due diligence reviews, title reviews, negotiating purchase and sale agreements, leases, easements, developers’ agreements, sewer and water agreements, and stormwater agreements, to name a few.
- Obtaining economic benefits and financial incentives from state, county, and local economic development agencies for such projects.
We use a team approach to tackle the complex and complicated legal issues routinely involved in these projects. Depending on the project, our legal team can consist of lawyers with an expertise in real estate transactions, land use law, environmental law, tax law, municipal law, and financing, to name a few. This team approach allows our lawyers to help our clients bring these projects to fruition as quickly and expeditiously as possible. The team approach also gives us the unique ability to work on as many as 50 different e-commerce projects at once with successful results. As you can see, our legal experience on e-commerce projects is extensive in New York State.