The Griffith Building at 605-607 Broad St. in Newark — Courtesy: MIG Real Estate
By Joshua Burd
A real estate firm is bringing new life to Newark’s historic Griffith Building, with plans to deliver new apartments and two floors of retail space to the downtown property.
According to MIG Real Estate, the leasing agent for the building, the revitalized structure at 605-607 Broad St. will include luxury studio and one-bedroom rentals and a penthouse on the top floor. The project by Brooklyn-based Park Builders Group will also include 20,000 square feet of retail space spanning the ground and second floors, with a design that the brokerage team says will honor Newark’s rich industrial and cultural heritage while delivering the quality, design and energy demanded by today’s urban dwellers and retailers.
MIG is spearheading leasing for the full property — the onetime home of the legendary Griffith Piano Co. — drawing on its experience in both multifamily and commercial real estate. The firm said residential leasing is set to begin in July or August.
“We are incredibly proud to represent a project that means so much to Newark’s history and its future,” said Anthony Marin, CEO and Broker of MIG Real Estate. “The Griffith Building is more than a property — it’s a statement. A reawakening. And we’re curating an experience that speaks to the soul of this city.”
According to the firm, which is based in Newark, the apartments will be tailored for professionals, creatives and others. Those residents will have quick access to the central business district, the city’s vast network of mass transit and the Ironbound section.
MIG will market the commercial portion to flagship retail users, culinary concepts and boutique grocers, among others, touting its high visibility and foot traffic and the building’s iconic façade and character. That history will permeate the repositioning project, the firm said, citing Griffith Piano’s place as an iconic name in Newark’s industrial heyday and the structure’s legacy of craftsmanship, music and culture.
Murphy Schiller & Wilkes LLP helped the property’s original owner secure land use approvals for the rehabilitation project.
