Casner & Edwards

Greg D. Peterson

Real Estate

  • Negotiated and documented the $230 million joint venture between Lyme Properties and Scottish Widows, creating the equity investment vehicle for numerous life science developments in Boston and Cambridge.
  • Planned, negotiated and drafted the comprehensive, multi-phase, multi-parcel cross easement agreement with a nested condominium and shared parking garage operating agreement for the Center for Life Science Boston. This 1.3 million-square-foot, high-rise biotech center adjacent to Harvard Medical School and Beth Israel Deaconess Medical Center is fully leased and was sold at the then-highest per square foot price ever achieved for a building in Boston.
  • Produced and implemented the strategy for the successful expedited permitting of Edgewood, the first major 40R smart growth project brought to market in Massachusetts. This 400-unit residential apartment complex is located on a portion of a former state hospital property. The rezoning of the property for by-right redevelopment received a unanimous Town Meeting vote.
  • Created the commercial condominium structure for the former Verizon building at Post Office Square in Boston, allowing Verizon to retain areas needed for central data switching facilities serving the Financial District, while selling the Principal Unit in the condominium for commercial redevelopment.
  • Advise Fairfield Residential on local entitlements and State environmental impact review for the redevelopment of 8.25 acres of brownfields property in Chelsea for 692 units of multi-family rental housing and associated mixed uses.
  • Advise the Planning Office for Urban Affairs in connection with 40A and 40R overlay zoning districts for redevelopments in Haverhill and Brockton.
  • Assisted the Erickson Retirement Community at Linden Ponds in successfully modifying its 40B Comprehensive Permit for an additional 100-unit independent living building, confirming MEPA and MHC clearance, and providing related enforcement and land use opinions in connection with a major refinancing of existing industrial revenue bonds.
  • Negotiated and drafted an access easement on behalf of Beth Israel Deaconess Medical Center to protect BIDMC access and operations while allowing installation and servicing of a temporary oxygen tank farm for Children’s Hospital.
  • On behalf of the private redeveloper, negotiated and closed the sale to UMass Lowell of over 300 units of multi-family housing in historic mill buildings for graduate student and honors college housing.
  • Negotiated and closed over $1.5 billion in real estate financings on behalf of borrowers.
  • Conceived the strategy for and co-wrote the amicus brief to the Massachusetts Supreme Judicial Court in Taylor v. Martha’s Vineyard Land Bank Commission, which was largely adopted by the SJC in upholding the prohibition on overburdening of easements by owners of after-acquired property, expediting a permanent injunction for a third party landowner and saving significant time and costs.
  • Tripled the number of affordable housing units in the Town of Carlisle, as Chair and principal deal maker for the Town of Carlisle Affordable Housing Trust.
  • Developed key elements of, and key evidence convincing the Legislature to adopt, the Expedited Permitting Act of 2006, including the Permitting Session of the Land Court and revisions to chapter 40A, the Massachusetts Zoning Act, to prevent appeals from blocking the effectiveness of Special Permits.
  • Represented the Lawyers Committee for Civil Rights Under Law in the negotiating, drafting and promulgation by the Uniform Law Commission of the Uniform Partition of Heirs Property Act, which as of 2017has been adopted in eight States and is pending before legislatures in four more States.

Environmental

  • Conceived and structured the environmental liability transfer arrangements for and negotiated $10 million in manuscripted environmental liability insurance policies with each of Kemper, Zurich and AIG which permitted the successful redevelopment of Kendall Square, Cambridge MA, a 10-acre former manufactured gas plant adjacent to MIT. Subsequently, this property won the prestigious US EPA Phoenix Award for best Brownfield redevelopment in America (2006).
  • Advise Harvard University on regulatory compliance for accelerated remediation of 21E sites and on cost recovery for sites impacted by off-property releases of oil or hazardous material.
  • Authored and implemented the strategy allowing the redevelopment by Hobbs Brook Management of a property with an ongoing, active 21E site controlled by a third party, resulting in the successful completion in early 2010 of a 300,000-square-foot LEED Gold complex on Route 128, which was fully and promptly leased.
  • Advise numerous clients on brownfields tax credits eligibility, applications, brokerage agreements and brownfields tax credit purchase and sale agreements.
  • Advise numerous clients concerning environmental remediation, vapor intrusion, activity and use limitations, cost recovery, brownfields redevelopment strategies, and the negotiation and drafting of liability transfers and indemnities and environmental insurance.
  • Provided extensive comments successfully influencing the 2014 revisions to the Massachusetts Contingency Plan, the regulations implementing M.G.L. c.21E, and subsequent MassDEP Guidance concerning vapor intrusion and Activity and Use Limitations
  • Instrumental either as lead counsel or principal deal maker in the permanent open space preservation of over 1,500 acres of land in Massachusetts, including a major climate change research forest, numerous high-value parcels in suburban Boston, properties with over a mile of frontage on the Concord River, a National Wild and Scenic River, establishing public trail access or agricultural rights, obtaining $1.8 million in earmarked Federal funds for property added to the Great Meadows National Wildlife Refuge, and negotiating and drafting numerous conservation restrictions both for non-profit environmental organizations and private landowners.
  • Drafted critical portions of the 2007 Act Restoring the Exemption from Chapter 91 Licensing for Landlocked Tidelands. This took place on the heels of the Supreme Judicial Court invalidating the DEP regulatory exemption of landlocked tidelands from licensing. Subsequently guided the litigation strategy for the case (Moot II) in which the SJC upheld the 2007 Act against a challenge that it violated the public trust doctrine, allowing the North Point project to be sold in 2010 and to resume redevelopment.
  • Obtained MEPA clearance in one year for Langwood Commons, a mixed-use 300-unit residential and 225,000 square foot office redevelopment, after nearly 10 years of delay.
  • Negotiate and draft Master Services Agreements for Harvard University with environmental services vendors.
  • Advise numerous clients concerning environmental regulatory and enforcement actions and negotiate and draft consent orders efficiently resolving enforcement actions.