Dear Readers,
Real Estate NJ is going to have a seminar on June 7 at NJIT regarding Newark and its revitalization. Newark means a lot to me. I grew up in Maplewood and took the bus with my friends to downtown Newark to hang out on Broad Street. We would go into Bamberger’s, Hahne’s, S. Klein on the square, etc. After the riots of 1967 Newark changed dramatically and has still not recovered from the stigma of that event. Over the last 15 years I have spent a lot of time in Newark in philanthropic endeavors and have been disappointed that Newark has not made the progress in revitalization that I had hoped it would.
Despite the billions that have been spent in Newark, and despite Newark’s impressive list of natural assets — six highways, three train systems, light rail, the East Coast’s largest port, the region’s most active airport and federal, state and county courts — Newark still lags behind Jersey City, Hoboken, Harlem and Brooklyn Heights. We intend to address these issues at this seminar and try to distill some answers with some of the biggest names in Newark development:
- John Saraceno Jr. of Onyx Equities
- Frank Giantomasi of Chiesa Shahinian & Giantomasi PC
- Marc Berson of Fidelco Realty Group
- Sam Chapin of LMXD (L+M Development Partners)
- Christopher Watson of Murphy Schiller & Wilkes LLP
- Thomas Walsh of Walker & Dunlop (moderator)
I think it might be appropriate for your employees and the clients that you have who are developing in Newark. Please click here for more information on sponsorship opportunities and email advertising@re-nj.com if you want to purchase a sponsorship or a table. If you are interested in purchasing a ticket, please click on the link: The Newark Redevelopment Update.
Sincerely,
Paul V. Profeta
Publisher
