I think so. They were putting condos in it, but I guess they stopped during the pandemic. That's what it says in the article.

So the NJPAC Development isn’t really going to happen?

It’s $152 for a monthly pass and 20 minutes from midtown. It’s probably quicker to midtown than part of JC by path (and more comfortable a ride).

You also have phenomenal access to EWR, Amtrack and getting anywhere in NJ (compared to getting out of the JC area).

To your point, having hundred of apartments for lease at once, they may not all rent out right away and have to drop the price, but from what I hear all these new luxury rentals lease out without much of a problem, hoping this one will be no different.

Yup, white people in the US will not dare step foot on a bus, let alone live without their creature comforts. East Orange is getting a lot of development now...but it's all for New Yorkers. The brochure I got in the mail features a train at Secaucus Junction and a view of the NYC skyline.

Is it still abandoned?

I always frown when I see montclair, Bloomfield trying to look like Newark ,when for decades they have rejected annexation into Newark, because they didn't want to become dense like Newark.

When Newark hemorrhaged residents, these towns mocked it & marketed themselves as non urban alternatives (if the right complexion!). Now that Newark is growing again they want to usurp it's development.

But look how they interestingly ignore Irvington Center. That's because Irvington has no train station. That proves the developments are not for us minorities regardless of whether we are uppity or not. It's all meant for the New Yorkers that want to come West.

People with enough income rent is the least of their issues will pay for any convenience. They'll pay just the living new building. Don't pay for the Skyline View. They'll pay for the amenities. Somebody will always be willing to pay the price because they'll like it. We need these individuals in Newark. Newark prospered in the past Century because business people not only made their business in the city, but they also lived in the city.

Okay, after being article is clear this is just a bid to sell the land. The article States the buyer will have at least "two buildings to make income from while they seek approvals" (for whatever they want -my words).

It's just like the njpac Redevelopment. They're not building anything. Just advertising what's already possible under current zoning & offering a "guiding vision".

I was immediately disappointed included the cool looking Factory building with the gym for demolition. Until I realized the rendering is just something like a stock image. A concept. The renderings background isn't Newark at all. So it's just an idea. Hopefully as details emerge the project will spare the corner Factory building and wrap around it the way many buildings do in New York City. Maybe the factory can be incorporated into the design as well. That said, it's great to see high-rises moving south of Kinney Street. Hopefully It doesn't get killed or scaled down by extremist neighborhood nimbys & the small- thinking Newark Preservation Committee.

The Essex County Children Shelter used to be behind that hospital. There was an underground tunnel that went from the shelter to the hospital. It was so damn creepy.

Just drove by today. Looks awesome.

Yeah the phrasing is confusing...it describes a very specific development yield and height, but then advertises the lack of a height limit.

I don't remember seeing an approval for this either.

Did it get approval? The marketing documents didn’t mention that it got approval from the zoning or planning board and just seems to imply it’s allowed by the redevelopment plan.

There a few studios opening or will be opening so expect more filming to happen in the area. Really exciting! That hospital is perfect for filming too.

I searched up Newark downtown development on google images and this popped up. Looks interesting though I would favor it being closer to the prudential center or mulberry commons atleast

Yes I did exactly that last summer. They don't check your destination when leaving (assuming you booked the official ferry). The NJ departure point is only 15 minutes from the airport, so there's no reason to depart from NYC if you plan to Uber or Lyft from your hotel.

Yeah we're talking about the commuter-oriented downtown with various vacant buildings. Of course it affects the market, but there is no direct displacement going on, and the city needs the population and property taxes to support the city as a whole.

Certainly the market is ready to tumble, and that will hopefully stabilize this obscene surge.

A luxury building in Newark is attractive to professionals who work in NJ but want access to the benefits of Jersey City and NYC. I work in towns throughout NJ, and I can get to most of them by train or bus while still being 25 minutes from the city. A similar building in JC by Hoboken Terminal is gonna fetch even more given it's adjacent to NYC with views of it and retains access to the NJT train network.

The development market in NYC and JC are very saturated (JC beating out Manhattan recently for thr most expensive rental market in the country), so the capital is flocking to new grounds, even Newark's immediate suburbs are getting a lot of activity now.

I was just about to ask this.

So excited! I hope it's more than one scene.

Oh and one of the Dark Knights filmed at the light rail stop in Military Park.

They are looking for someone who wants the property to build

KEEP BUILDING NEWARK!!!

Depends where in those locations you are, but you can definitely find reasonable one bedrooms under 3k in all of those places. I’m struggling to wonder who the many people are who will find that a substantial enough “discount” to merit spending an hour and $6-11 round trip getting to the city every time they want to go. My guess is if this recession fully materializes, these new buildings are going to have a very hard time filling up and we’ll see covid-like deals to get people in

I think some gentrification is good I’m not mad honestly but it still is what it is..and I never hear about units available based on income.

Units starting at 2.5k means everything market rate so just giving out of state people vs local chance

Looks like they need a developer and this is merely an idea.