Greenbaum, Rowe, Smith & Davis recently formed a financial incentives and economic development practice group in response to the New Jersey Economic Recovery Act of 2020 being signed into law early in 2021. According to the firm, the new practice group is an outgrowth of the work already being done for clients, but is nevertheless a specialized practice area. The new group is chaired by partner Steven G. Mlenak, of the firm's real estate and redevelopment and land use departments.