The team behind the restoration of the historic Hahne & Co. building in Newark is seeking investors for the property, in a newly announced offering by Walker & Dunlop.
Prudential, Mellon Foundation gift $2.75 million for Newark Symphony Hall transformation
New 33-story tower in Newark by Boraie, Shaq on track for spring 2023 delivery
Facilities manager inks lease at iconic Hahne’s building in Newark for new East Coast HQ
Newmark: Sublet space mounts in North Jersey office market, driving occupancy losses
Korean BBQ chain inks lease at Hahne & Co., bringing Newark building to 100 percent leased
Onyx unveils renderings, teases redesign of Gateway overhaul in Newark
Making a market: Developers, city officials look ahead as renters arrive in downtown Newark
A new stock of luxury, market-rate apartments is beginning to take shape in downtown Newark, where stakeholders hope to attract the type of rental population that can create a 24-hour, seven-day neighborhood that has long eluded the central business district.
Developers say they’re encouraged by the early returns, but are preparing for the market to be tested by larger-scale projects and an influx of additional units. City officials are also preparing for what could be a dramatic uptick in interest from builders — which they will have to balance with public policy goals such as expanding affordable housing for Newark residents.