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Thread: Newark: Real Estate, Development, News, & Politics

  1. #1666

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    Quote Originally Posted by newarkguy View Post
    . I don't trust the landmarks commission. They may find a 200 year old doorknob to oppose it!!!
    lmao!!! :d

  2. #1667

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    The Brownstones are in the James Street Commons. Manly on that block. There's a few others scattered throughout the city.

    And that joke of an organization does nothing except waste space. If only the mayor can disband it...

  3. #1668
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    Quote Originally Posted by JCMAN320 View Post
    Damm!!! Newark seriously can't do anything right! How can they not act faster to save the homes around Lincoln Park area? I work at Covenant House and pass Lincoln Park often and the homes are just falling apart. Newark has very few if any brownstones remaining. JC and Hoboken are fortunate that they have so many and are well maintained in historic districts.

    Newark made some very serious mistakes in urban renewal and redevelopment in choosing to demolish so many of it's history instead of trying to save it. My question is what does the commision in Newark do exactly? They are not saving any of these buildings and they just block development? WTH?
    Yeah, but there was a time JC couldn't even give away many of its brownstones.

    Many of those buildings in Newark haven't had the 'renaissance touch' and have been abandoned for decades. Some developers are more attracted to areas where they can simply tear down and rebuild anew. Many of them see structures protected by historic place status and don't want to touch them.

    Newark and JC are not the same and were built quite differently.

  4. #1669
    Jersey Patriot JCMAN320's Avatar
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    True 66nexus. Also Jersey City while it did decline the same way all rust belt cities did; it never got as bad as Newark. Newark fell harder than any other city in the country without question so it's going to take a hercurlean effort to bring it back.

    Marv I wish they would be more useful and proactive than just react to when a development comes around. It just makes me scratch my head.

  5. #1670
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    Quote Originally Posted by JCMAN320 View Post
    True 66nexus. Also Jersey City while it did decline the same way all rust belt cities did; it never got as bad as Newark. Newark fell harder than any other city in the country without question so it's going to take a hercurlean effort to bring it back.

    Marv I wish they would be more useful and proactive than just react to when a development comes around. It just makes me scratch my head.
    This is true, as JC is an awesome example of preservation. However, developers in Newark are going to need more reasons to develop there. I think the arena is a good start.

    I hope NJPac/Dranoff get that residential tower going.

  6. #1671
    Jersey Patriot JCMAN320's Avatar
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    Yea JC has done a great job with preservation; we've had a few handsome old Victorians along the way during the building boom, but we enatced zoning to protect them where they have to be rehabbed and just can't be torn down. We've perserved atleast 95% percent of the current Victorian housing stock along with brownstones and turn of the century mansions. Also along with grand old brick and mortar buildings.

    Yea I'm interested to see the designs for the tower; I heard its going to be the tallest in Newark. Any truth to this?
    Last edited by JCMAN320; February 21st, 2010 at 11:11 PM.

  7. #1672
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    Quote Originally Posted by JCMAN320 View Post
    Newark fell harder than any other city in the country without question so it's going to take a hercurlean effort to bring it back.
    IMO Detroit is even worse.

  8. #1673
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    Quote Originally Posted by 66nexus View Post
    This is what Newark needed. Would've been nice. This is a post of mine from way back.

  9. #1674

    Default Deloping Newark

    I have to protest some of the comparisons that get made about the housing stock. Newark's density was not restricted in the same way that Jersey City or Hobokens housing was and therefor people went west rather than upwards. Right now projects like what is being proposed by RBH are huge because they merge, retail, housing and employment. If you have gone around the area noted for this project, its both empty and dilapidated, any development would be huge. I do feel bad that the NELR stalled because this would have complimented both this project as well as the Lincoln park projects. There are lots of beautiful brick buildings scattered throughout the city but if you were an official would you stop a huge condo project for one? I don't have the answer for it but certainly alot of the damage done to the housing happened back in the 50's when all development was slanted towards "workforce housing" which created huge SUBSIDIZED housing projects.
    Last edited by newarkdevil1; February 22nd, 2010 at 01:32 AM.

  10. #1675

    Default the origins

    seems like this is the REIT involved and the partnership referred to.
    http://www.brtrealty.com/pressreleases/show/123

  11. #1676
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    There's an absolutely hideous parking structure on Halsey that could be torn down, or residential added above, and retail put on the street level.

  12. #1677

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    SoMa Downtown Newark Development


    Whatever happened to this project? This would settle a lot of economic problems in Newark.This project can bring tax revenue, thousands of construction jobs, permanent jobs after completion, and the thousands of market rate housing... 8,000 to be exact... This project is what everyone should be focused on... right?

    Project Description:

    Berggruen Holdings has invested in the revitalization of downtown Newark. The SoMa Newark Development project will activate and change the experience on both sides of the street on over five city blocks in its first phase alone, over 1,500,000 square feet.

    World-renowned architect Richard Meier master-planned and designed the project. Tishman Construction, ARUP, & Field Operations form the internationally acclaimed team.

    SoMa Newark Development will consist of approximately 15,000,000 sq ft: 8,000 Residential Units, 550,000 sq ft of Retail, 4,750,000 sq ft of Office, 7.7 acres of Open Space.

    The project is located across the street from University Heights, Rutgers University, NJIT, UMDNJ, and Essex County College.

  13. #1678

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    Quote Originally Posted by Jspellma View Post


    SoMa Downtown Newark Development


    Whatever happened to this project? This would settle a lot of economic problems in Newark.This project can bring tax revenue, thousands of construction jobs, permanent jobs after completion, and the thousands of market rate housing... 8,000 to be exact... This project is what everyone should be focused on... right?

    Project Description:

    Berggruen Holdings has invested in the revitalization of downtown Newark. The SoMa Newark Development project will activate and change the experience on both sides of the street on over five city blocks in its first phase alone, over 1,500,000 square feet.

    World-renowned architect Richard Meier master-planned and designed the project. Tishman Construction, ARUP, & Field Operations form the internationally acclaimed team.

    SoMa Newark Development will consist of approximately 15,000,000 sq ft: 8,000 Residential Units, 550,000 sq ft of Retail, 4,750,000 sq ft of Office, 7.7 acres of Open Space.

    The project is located across the street from University Heights, Rutgers University, NJIT, UMDNJ, and Essex County College.


    People don't like the color

  14. #1679

    Default interesting

    It's funny you should post that, i was looking for those graphics last night when the BRT project was announced. It seems that this announcement was mentioned three partners; BRT REIT, RBA group and a private equity partnership. It seems that ownership of the land was sold to bring equity into the project so it could be developed so I wonder if the Berggruen Holdings Co. has anything to do with it. Either way, I think we can all agree a lot needs to be done in that section of the downtown and it would be huge in creating upward retail pressure on Broad st.

  15. #1680

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