Michael McBride, Chair of Connell Foley’s Construction Practice Group, has a family background in construction and real estate that dates back more than a century, providing him with an intimate knowledge of the industry and the legal issues faced by his clients. He regularly represents owners, developers, contractors and vendors in all aspects of real estate development and construction. Under Mike’s leadership as Connell Foley’s Managing Partner from 2009 through 2015, the firm grew by more than 20 percent.
Mr. McBride’s construction projects include the resolution of various disputes by way of negotiation, trial, or arbitration on casino projects in Atlantic City (Tropicana and the Borgata); office buildings in Newark (Gateway 3 and 4); and Chicago (Prudential Centers 1 and 2); power plants in India and China; a $250 million polypropylene plant in Linden, New Jersey; Dow Jones’ headquarters in Princeton, New Jersey; large residential and redevelopment projects along the Hudson River and in Queens and Brooklyn for Toll Brothers; and a large shopping center development in the Rockefeller Economic Trade Zone in Mount Olive, New Jersey. Mr. McBride has recently resolved a complicated dispute for Foster Wheeler regarding a termination for convenience on a large power plant project in Louisiana.
Mr. McBride has spoken at the Annual Construction Superconference in San Francisco, California and to various trade groups. From 2009-2015, Mr. McBride has spoken at the NJBIA Annual Public Policy Forum with political and industry leaders on economic and political issues confronting New Jersey. He has spoken on various panels to the American Institute of Certified Public Accountants on financial issues confronting the construction industry.
Mr. McBride has represented Toll Brothers on numerous residential real estate projects located in Hoboken, N.J. (Maxwell Places), Brooklyn (The Brooklyn Pier, a joint venture with Starwood), Queens (The Long Island City Project), Manhattan (Park Avenue, Lexington Avenue, Third Avenue, and First Avenue projects), Washington D.C. (a joint venture with Prudential), Pennsylvania (Plymouth Meeting) and Maryland (Bethesda). Mr. McBride also represents a private equity fund which purchases, develops, leases, and sells large industrial tracts in the Northeast, Southeast, and Midwest. Mr. McBride recently represented a family in connection with the sale of 37 buildings in Clark, New Jersey to one of New York City’s largest developers. In addition, Mr. McBride successfully negotiated the merger of McBride Enterprises, Hudson Bay, a private real estate fund capitalized by Crescent Real Estate Equities (a REIT trading on the NYSE) and Penn Square Properties, Inc. into an entity called Keystone Property Trust, a REIT trading on the NYSE which was sold to Prologis.