If all goes well, three Newark city owned properties will be sold and potentially built up to a 67-unit apartment building.
Three Becomes Seventy Seven
There are 3 homes on Walnut street that might be demoed and turn into a 12-story, 77-unit apartment building. A developer’s application says that more than 75 residential units are planned for three lots along Walnut Street in Newark. Source: 12-Story Building Could Replace Three Newark Homes | Jersey Digs
192 Units from the rubble of a group of buildings
A 13-story, 192 unit residential and commercial building is planned for downtown Newark, with an estimated completion of 2023. The multi-year project would require demolishing a group of buildings owned by the development company.
15-Unit Building Coming to South Orange Avenue in Newark
A Springfield based LLC was approved to purchase a South Orange Ave lot in Newark with plans to build a 15 unit apartment building. The ground floor of the building will house a retail business as well.
Historic Schoolhouse that keeps on teaching
Newark’s historic State Street School will be the new home to the Newark Boys Chorus. We are glad to see the schoolhouse living on with education and music.
Owning REITs Is Superior To Owning Rentals
Real estate is a smart investment no matter what. Rental properties can produce significant income for individuals and businesses. But can a real estate investment trust be a better option?
A new Podcast for Newark fans
Fans of Newark, and Newark’s architecture, or admirers of Mike Graves’ work, there is a new podcast ready for your ears. It’s called American Building. We recommend giving it a listen.
Social Media Influencers are Becoming Preservationists
With buildings around the city constantly degrading and being torn down, it’s sad when the history is lost. Thankfully there are many people on social media walking around, documenting the city before we lose additional historic buildings.
Ridgeview Square at Pierce Street Looks Incredible
This 38-Unit townhouse apartment building looks modern and beautiful. We cannot wait to see it done!
Kastner Mansion
The Kastner Mansion is is disarray after a fire last year. The owners of the property restored another Newark mansion recently, and hopes to do the same for Kastner.
Newark Documentary on Toxicity
The Sacrifice Zone looks to be an eye opening look into what is happening in a Newark neighborhood.
One Becomes Seven near Gateway Center
There is a 1 story property at 34 Clinton Street in Newark which is undergoing a $50k demo and then new build into a 7 story property. The building will include 29 apartments.