As Special Redevelopment Counsel for the City of Hoboken, Joanne Vos recently renegotiated and amended a previous Redevelopment Agreement in order to account for the effects of the Coronavirus pandemic on the hotel industry. A project that previously prioritized the construction of the hotel component was restructured in order to prioritize the residential component. The first phase of the project will result in the construction of 3 residential towers of varying heights atop a 5-story podium, containing 357 units; 24,526 square feet of retail/commercial space on the first floor and mezzanine level; and commercial, parking, and shared amenities components. Redeveloper will also be required to provide affordable units in an amount that is equal to 10% of the total units constructed, some of which may be constructed off site, dedicated to use by veterans who have experienced or are experiencing homelessness, and operated by the American Legion. The second phase of the project will provide for a hotel comprised of 281 rooms, a rooftop restaurant and lounge, and commercial and retail components on the ground and mezzanine levels. Importantly, the Redeveloper will make Community Benefit Payments to the City totaling an increased amount of $3 million to be utilized towards the construction of a community pool and recreation center and/or other such public amenities.