Anywho... wasn't Studebacker lofts going to be more market rate housing than affordable? Looks like the ratio slipped to 50% affordable now?
· Developers are also working with the City to create new loft apartments in Newark. Studebaker Lofts will create 68 of these homes (50% of them at affordable rates). The historic Bowers building will undergo a renovation to create new lofts on Market Street. And a former car dealership will soon blossom into Packard Lofts, with 30 new residences at the corner of Broad and East Kinney Streets.
side note packard lofts look really nice