Nearly 250 units in East Orange and Newark have changed hands for a combined $31.7 million, in a trio of investment sales brokered by Gebroe-Hammer Associates.
Developer drawing new renters to East Orange as it transforms city block by block
For Blackstone 360, a 105-unit project was just the beginning of what has become a major investment in East Orange. The development and design-build firm has since rehabilitated two other buildings in the city — comprising an additional 252 apartments — and now has a fourth project under construction that will deliver another 150 units to the neighborhood.
