Riker Danzig Represents Joint Venture in Downtown Morristown Project
A major office rehabilitation and two-story addition is proceeding in Morristown, the result of a joint venture between Riker Danzig clients Prism Capital Partners and the Hampshire Companies.
Construction on the project will begin this spring, adding two floors to the building at the corner of South and DeHart Streets one block off the Morristown Green, and renovating the existing lobby, three floors and exterior. The result will be approximately 50,000 square feet of Class A office space, rare in downtown Morristown. The renovated building will house Wells Fargo bank and new commercial tenants.
Riker Danzig partner Frank Vitolo, who represented the joint venture in obtaining final governmental approvals for the project, said “This new project is yet another chapter in the continuing story of Morristown’s renaissance.”
Frank, who also chairs the Morristown Partnership, added, “This is an exciting time to be involved in Morristown’s bright future.” The project is scheduled to be completed by mid-2019.
See RE-NJ.com for the January 23, 2018 article about the project.