The law firm Mandelbaum Barrett PC has announced a strategic expansion into Hudson County, New Jersey, by bringing veteran real estate attorney Linda J. Hockstein on as a partner. The move establishes a new presence for the Roseland-based firm in Bayonne, aiming to serve a rapidly growing property market along the state's Gold Coast.
Hockstein, the founder of Hockstein Law, will continue to operate from her established office at 660 Broadway in Bayonne, which now serves as Mandelbaum Barrett's Hudson County location. This integration combines her three decades of local real estate law experience with the broader resources of a full-service firm.
Key Takeaways
- Mandelbaum Barrett PC has established a new office in Bayonne, marking its entry into Hudson County.
- Esteemed real estate attorney Linda J. Hockstein has joined the firm as a partner.
- The expansion is a direct response to the significant real estate development and high demand in the region.
- Hockstein brings 30 years of experience in both residential and commercial real estate transactions.
Strategic Move into a Thriving Market
Mandelbaum Barrett's decision to expand into Hudson County is supported by strong market indicators. The region, particularly cities like Bayonne, is experiencing a notable development boom. This growth has created increased demand for sophisticated legal services in the real estate sector.
According to data from a recent city study, the real estate market in Bayonne is exceptionally active. The study revealed that new apartment buildings in the city are reaching full lease-up within just four months of receiving their certificates of occupancy, signaling intense renter demand.
High Occupancy Rate
A study conducted by the city of Bayonne found that its overall residential occupancy rate currently stands at 94.6%, underscoring the area's tight housing market and appeal to residents.
This dynamic environment was a key factor in the firm's expansion. Leadership at Mandelbaum Barrett views the new Bayonne office as a crucial step to better serve existing and future clients involved in the area's growth.
“This expansion of our practice into Hudson County allows us to better serve clients in a growing and dynamic market, while adding Linda’s extensive experience and trusted counsel to our real estate team,” said Barry R. Mandelbaum, Chairman and longtime real estate partner at Mandelbaum Barrett PC.
Mandelbaum added, “It’s a natural step in our firm’s commitment to delivering top-tier legal services across New Jersey.”
Introducing Partner Linda J. Hockstein
At the center of this expansion is Linda J. Hockstein, a highly respected attorney with deep roots in the Hudson County legal community. With three decades of dedicated practice, she has built a reputation for managing a high volume of complex real estate transactions.
A Career Spanning Three Decades
Hockstein founded her independent practice, Hockstein Law, in 1996. Over the years, she has developed a robust practice that handles hundreds of residential real estate closings annually. Her expertise is frequently sought by a diverse range of clients, including individual buyers, sellers, property developers, and financial institutions.
Diverse Real Estate Expertise
Hockstein's practice covers a wide spectrum of real estate asset classes. Her work includes:
- Residential Properties: Condominium units, single-family homes, and multi-family buildings.
- Commercial Properties: Investment properties, mixed-use buildings, industrial sites, and warehouses.
- Complex Transactions: Construction loans, commercial refinancing, and other intricate financial deals.
Her extensive experience in both the residential and commercial sectors provides Mandelbaum Barrett with immediate, on-the-ground expertise in one of New Jersey's most competitive real estate markets.
A Broader Vision for Firm Growth
The addition of the Bayonne office is part of a larger growth strategy for Mandelbaum Barrett. The firm's leadership emphasized that this move enhances their ability to offer comprehensive legal support to clients across New Jersey.
William S. Barrett, the CEO of Mandelbaum Barrett, stated that the expansion reflects the firm's dedication to serving the legal needs of individuals, families, and businesses throughout Hudson County. The firm currently offers counsel across more than 30 distinct practice areas.
“The Bayonne office marks a significant milestone in Mandelbaum Barrett PC’s ongoing growth, reinforcing its presence in one of New Jersey’s most dynamic and diverse communities,” Barrett said.
He further noted that recent months have been a period of significant progress for the firm. “We are growing not just in size, but in depth, capability and reach with the addition of a Bayonne, NJ, location,” Barrett explained. “These strategic moves strengthen our ability to deliver exceptional, full-service counsel to our clients, while maintaining the personalized attention and commitment that define Mandelbaum Barrett PC.”
By integrating a seasoned local expert like Hockstein, the firm aims to combine its extensive resources with nuanced local market knowledge, positioning itself as a key legal player in the ongoing development of the Gold Coast.
