Persico

Position: Partner

Practice Areas:
  • Banking
  • Business & Finance
  • Commercial and Residential Lending
  • Construction Law
  • Environmental Law
  • Government Lending
  • Industrial Development
  • Oil and Gas Leases
  • Real Estate
  • Wind Turbine Leases
  • Zoning, Planning and Land Use

Contact

Address: 15 South Franklin St.
Wilkes-Barre, PA 18711-0075

PH: 570-826-5662
FX: 570-706-3411
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Assistant’s Name: Rebecca (Becky L. Schaffer
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Mr. Persico is one of the most experienced commercial real estate lawyers in Northeastern Pennsylvania.

For nearly 40 years, he has handled simple to complex real estate transactions, representing residential and commercial developers, conventional and public lending institutions, economic development agencies and corporate entities which have acquired and developed land and/or existing improvements for business operations. He has served as lead counsel in numerous multifaceted real estate transactions, involving both public and private financing and has also provided counsel to numerous landowners on oil and gas leasing issues. Mr. Persico’s practice requires him to deal on an ongoing basis with zoning and planning boards and other governmental entities and to work with all parties in transactions to insure that the matter proceeds swiftly and cost-effectively. A former regional counsel to the Pennsylvania Industrial Development Authority, Mr. Persico is currently counsel to the Greater Wilkes-Barre Development Corporation, the Northeast Pennsylvania Alliance and the Greater Wilkes-Barre Association of Realtors. Among his many civic and community contributions, he is past chairman of the Greater Wilkes-Barre Partnership, the Greater Wilkes-Barre Chamber of Commerce and Leadership Wilkes-Barre.  Mr. Persico served as Managing Partner of Rosenn Jenkins and Greenwald, LLP, for 10 years (2006–2016).

Over the years, he has lectured extensively for the National Business Institute and before numerous property owners associations and realtors associations on issues ranging from commercial lending to oil and gas leasing. He has authored an article for the Northeastern Pennsylvania Business Journal on Commercial Underwriting Standards and Practices.

Representative Matters

Mr. Persico has served as lead counsel in the following multi-million dollar development projects:

  • East Mountain Business Park in Plains Township, Pennsylvania
  • Highland Industrial Park in Wilkes-Barre Township, Pennsylvania
  • Hanover Industrial Estates in Hanover Township, Pennsylvania
  • Residential subdivisions in Butler Township, Pennsylvania; Kingston Township, Pennsylvania and Dallas Township, Pennsylvania
  • A mixed use residential and commercial/retail condominium in Wilkes-Barre, Pennsylvania
  • A national headquarters complex in Scranton, Pennsylvania
  • A mixed use residential and community complex in Wilkes-Barre, Pennsylvania involving the application of grants, historic tax credits, new market tax credits and conventional financing

Education

Villanova University (B.S., 1972)
University of Baltimore (J.D., 1975) — Notes and Comments Editor, University of Baltimore Law Review (1974-1975)

Bar Admissions

  • Pennsylvania

Industry Experience

  • Construction
  • Financial Services
  • Food, Agriculture & Biofuels
  • Franchise & Distribution
  • Manufacturing & Industrials
  • New Energy, Clean Technology & Climate
  • Nonprofit Organizations

Honors

Named a Pennsylvania Super Lawyer in 2011, 2012 and 2013 by statewide peers.

AV® Peer Review Rating by Martindale Hubbell — This rating attests to a lawyer’s legal ability and professional ethics, and reflects the confidential opinions of members of the Bar and Judiciary. The AV® rating is a testament to the fact that a lawyer’s peers rank him at the highest level of professional excellence for those practicing law for more than 10 years.

Sister Siena Finley Ethics Award — The Ethics Institute of Northeastern Pennsylvania

Distinguished Leadership Award — Leadership Wilkes-Barre Alumni Association

Man of the Year — Greater Wilkes-Barre Jaycees

Professional Community Activities

  • Pennsylvania Bar Association — House of Delegates (1997–2009), Bar/Press Committee (1998–2008, Co-Chair 1998–2002), Real Property, Probate and Trust Law Section and Environmental Law Section, Chairman — Zone 5 of Young Lawyers’ Division (1984)
  • Luzerne County Bar Association (Wilkes-Barre Law & Library Association) — President (1996–1997), Vice-President (1994–1995), Executive Committee (1992–1993), President — Young Lawyers Division (1981-1983)
  • The Luzerne Foundation — Member, Board of Directors
  • Greater Wilkes-Barre Family YMCA — Chairman, Board of Trustees
  • NEPIRC (Northeastern Pennsylvania Industrial Resource Center) — Board Member & Executive Committee Member
  • Penn State Wilkes-Barre — Advisory Board Member
  • Greater Pocono Triathlon Association — Member, Board of Directors
  • Mellon, N.A., Northeast Region —Past Member, Board of Directors
  • Greater Wilkes-Barre Partnership — Past Chairman and Past Member of Board of Directors and Executive Committee
  • Committee for Economic Growth — Past Member, Board of Directors and Past Member, Executive Committee
  • Greater Wilkes-Barre Industrial Fund — Past Board Member
  • Greater Wilkes-Barre Chamber of Commerce — Past Chairman and Past Member of the Board of Directors
  • Greater Wilkes-Barre Family YMCA — Past Board Member
  • Economic Development Council of Northeastern Pennsylvania — Past Board Member
  • Leadership Wilkes-Barre — Past Chairman and Past Board Member
  • Fine Arts Fiesta — Past President and Past Board Member
  • Greater Wilkes-Barre Jaycees — Past President and Past Board Member

Personal Interests

Mr. Persico has trained for and participated in numerous triathlons and marathons. He enjoys golfing and following sports.