4+ day, 4+ hour ago   (316+ words) A redevelopment effort that will transform a series of vacant Newark buildings just obtained a nice chunk of financing as construction looms over the Downtown site. RBH Group recently announced it has received $37 million in financing for its approved Four…...

6+ day, 4+ hour ago   (327+ words) The 334-unit luxury apartment complex at the center of the historic Thomas Edison Invention Factory and Commerce Center in West Orange was recently sold by Nutley-based real estate firm Prism Capital Partners. The firm sold the mixed-use complex at 33 Ashland…...

1+ week, 5+ day ago   (302+ words) A development that revamped a long-neglected property into a modern housing complex has obtained a fresh loan just months after launching their operations. Drew Capital has announced their arrangement of a $70-million, non-recourse, interest-only loan for Cosmo 440, a 25-story, 216-unit…...

1+ week, 6+ day ago   (298+ words) Members of the Newark City Council recently voted to defer an ordinance that would grant a 25-year tax break to a new residential complex on Dr. Martin Luther King Jr. Boulevard near the city’s downtown area. The decision by the…...

2+ week, 3+ hour ago   (247+ words) The New Jersey Economic Development Authority and asset management giant Nuveen recently agreed to provide a loan toward Great Point Studios’ upcoming film production facility in Newark. The $101 million loan is part of the EDA’s Garden State Commercial Property Assessed…...

3+ week, 2+ hour ago   (281+ words) The Brick City dining scene has officially welcomed a new Southern-inspired eatery to the Downtown area as Barn Bird Kitchen has launched their second outpost just a block from Newark’s major transit hub. The Junction at Gateway recently added a…...

3+ week, 5+ day ago   (328+ words) Architectural plans submitted to the board show the building will occupy roughly 6,750 square feet and span a combined 23,884 square feet. The commercial portion will consist of 1,866 square feet fronting Clinton Avenue, while the residential portion will consist of 12 one-bedroom, 9 two-bedroom,…...

3+ week, 6+ day ago   (415+ words) The Newark City Council recently voted to approve the sale of several properties scattered throughout the city that are slated for redevelopment. Members of the legislative body voted to approve the sale of six largely dilapidated properties on August 5 despite…...