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Paterson’s Art Factory, long eyed for adaptive reuse potential, back on the market for sale after acquisition by Procida

Paterson’s Art Factory, long eyed for adaptive reuse potential, back on the market for sale after acquisition by Procida

by Joshua Burd | May 2, 2025

The Art Factory at 70 Spruce St. in Paterson — Courtesy: IPRG By Joshua Burd The historic Art Factory complex in Paterson is on the market for sale, as investors and city officials seek a buyer to help achieve a long-awaited redevelopment plan for the site. Brokers...
Lenders close $12.5 million loan for 107-year-old ‘Art Factory’ in Paterson

Lenders close $12.5 million loan for 107-year-old ‘Art Factory’ in Paterson

by Joshua Burd | Oct 18, 2018

The Art Factory at 60-70 Spruce St. in Paterson — Courtesy: Silver Arch Capital Partners By Joshua Burd The owner of a historic factory complex in Paterson that is home to artists, filmmakers and other creative users is getting a $12.5 million infusion for the...
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