A development team has broken ground on a long-awaited plan to revitalize and reopen Paterson’s historic Hinchliffe Stadium, joining a host of public officials and retired baseball stars to mark the start of the $94 million project.
A plan to restore and reopen Paterson’s historic Hinchliffe Stadium is now within reach, as the project moves ahead under a team led by a hometown developer, in an effort that will also honor the site’s history as a Negro League baseball stadium. The mixed-use project could even become a focal point for redevelopment in Paterson, which has lagged behind other large New Jersey cities that have seen high-profile, public-private revitalization efforts.
A development and investment firm has sold a four-building, 34-unit apartment portfolio in Paterson for nearly $4.4 million, in a newly announced deal by The Kislak Co. Inc.
Dollar Tree has signed four new leases in northern and central New Jersey, including two at spaces that had been home to a now-shuttered home furnishings chain.
A development team is moving ahead with plans to revive the historic Hinchliffe Stadium site in Paterson, following approval of a $67 million state tax credit for the project.
A charter school system has acquired a former industrial building in Paterson that it will use as its newest location, according to brokers with Transwestern Real Estate Services.
An investor has paid $17 million for a nine-building, 133-unit apartment portfolio in Paterson and Passaic, in a transaction arranged by Gebroe-Hammer Associates.
Gov. Phil Murphy has signed into law a bill that extends key deadlines for some projects that are still in development but were approved under two of the state’s defunct incentive programs.