NYCHA & Partners Announce Financial Closing of $635.6 Million Project to Renovate the Homes of Nearly 3,500 Residents at Reid Park Rock
Fairstead and LIHC investment group have announced a new proposal for a building at Essex Plaza in Newark, New Jersey in the US.
Featuring 241 residential apartments, ground-floor commercial and amenity space, and underground parking, the six-storied, 365,000ft2 scheme is intended for mixed income groups.
It will be built at the site of the existing parking lot behind 1060 Broad Street, located on Orchard Street, between Camp and Pennington Streets in Newark.
To promote efficiency and sustainability, the project would be constructed as part of New Jersey’s Clean Energy Program.
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