A developer has closed on its acquisition of the former Newark Bears baseball stadium in the state’s largest city, paving the way for it to redevelop the site into a sprawling mixed-use neighborhood.
A focus on “eds and meds” has been a key ingredient in many urban success stories. For 24 Jones, one of the newest residential developments in Newark, the early returns show that to be part of a winning formula.
Eastern Union Funding has arranged nearly $28 million in financing for a private buyer to acquire a 641-unit multifamily portfolio in Newark and Irvington, the firm announced.
An office tower is downtown Newark is the proving ground for a new program that gives city residents and businesses access to the highest-speed, commercially available fiber optic internet in the region.
Heritage Capital Group has hired Colliers International Group to be its exclusive leasing agent for 550 Broad Street, a 270,000-square-foot office tower in downtown Newark.
Advance Realty has installed a real-time display of mass transit options at One Gateway Center in Newark, the landlord said, part of an effort to use technology to enhance the 26-story office building.
A local developer is pushing a site in Newark as the home of a casino if voters approve a statewide gaming expansion next month — and he is meeting with operators from Atlantic City about the proposal.
Public officials and business leaders broke ground Wednesday on the next phase of a project to expand Newark’s Riverfront Park, a plan that calls for a boardwalk, walkway system and other amenities to connect the Passaic River to the city’s downtown.
A real estate investment trust has sold the Public Service Enterprise Group headquarters tower in Newark for nearly $175 million, according to the seller and brokers involved in the deal.
