Friday 27 July 2018

Making the old new again: NJ’s biggest city is betting big on office development

Beaten down and brushed off for decades, Newark has bounced back in recent years, primarily due to the construction of apartment buildings. Developers have also added new retail and restaurants, and parks and streets around town have been spruced up. But new office buildings, at least the kind that can accommodate a variety of tenants, have been largely missing. Until now. Although taxes are high for businesses in New Jersey (now 11.5% for income over […]



source https://therealdeal.com/issues_articles/making-the-old-new-again/#new_tab

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