If history is a guide, I imagine it's unlikely some of these large developments -- i.e. the stadium redevelopment -- will actually get off the ground.
Well there are thousands of apartment underway as we speak...so you can't go by history anymore. Those are market rate units..If history is a guide, I imagine it's unlikely some of these large developments -- i.e. the stadium redevelopment -- will actually get off the ground.
Well there are thousands of apartment underway as we speak...so you can't go by history anymore. Those are market rate units..
My development map in my signature has a list of the number of apartments from projects I could find at that time. The map is color coded by construction progress at that point, and the approximate properties of the buildings. There are many more in the South and West Wards that are not on the map, especially recently. At that point, in December of 2015, I had found 1201 residential units under construction and 1872 approved by the Planning Board, meaning construction would like take a year or two to begin from that point on. Many of the projects actually occurred, and many more started showing up along Springfield Avenue and in Downtown. It is not broken down by neighborhood as the edges of the neighborhoods are quite fuzzy.I'm encouraged to hear about the thousands of units actually under construction -- do we have a neighborhood breakdown?
- downtown: about 600 I can think of not counting the honors dorm
- University Heights?
- elsewhere?(sorry about my bias)
It's a joke and will set Newark back. No one is being displaced with the new developments.What are people's thoughts about the affordable housing set aside bill that the Council will vote on tomorrow ? I was surprised to receive a mailer about it -- maybe it's intended more as a reminder to voters that Baraka is behind it (?)
It's a joke and will set Newark back. No one is being displaced with the new developments.
Its a great idea but they should give an incentive to include the affordable units like a density boost, such that the affordable units do not count against the scale of the building. A 5th floor in an area with a 4 floor limit would allow them to get more money out of the same project for a relatively small increase in construction costs. Once you are already buying a site, designing a building, going through the approvals process, getting financing, and actually constructing the building with all of its mechanical systems, the cost of actually building one additional floor is minuscule.What are people's thoughts about the affordable housing set aside bill that the Council will vote on tomorrow ? I was surprised to receive a mailer about it -- maybe it's intended more as a reminder to voters that Baraka is behind it (?)
I think it is 1150 Raymond and there was a plan to turn it into a Home2Suites extended stay hotel. As far as I am aware, the facade work is only for the low-slung parking deck and they stopped right at the edge of the 12 story tower on both sides.Facade work on the garage next to the vacant 12-story 1160 Raymond has me wondering whether the hotel project will get underway there sometime in the next ... anyone have info?
I think at least a portion of it is overflow from the Newark Airport. Instead of being isolated at the airport hotel, some are crossing over to Downtown for a similar cost room and all of the amenities like the bars and restaurants as well as the Ironbound shopping. However that is still being held up by the stubbornly sour outlook on safety in Newark as a whole. It is hard to attract tourists to Downtown when the shootings and robberies in the outer wards are being broadcast regularly on the news. Despite NYC's similar problem, many tourists are actually able to comprehend that East Queens is not the same place as Midtown Manhattan. For Newark, the whole place is perceived to look like the area around the scrapyards along Frelinghuysen Avenue, primarily because that is what is seen from the highways. The highways themselves are the primary public image of the city, and that is where the scrap yards and smashed windows are.It would be interesting to know what percent of hotel occupancy in Newark is budget-minded visitors to NYC. To that end, perhaps hotel financing has become harder to obtain in Newark given the hotel boom in NYC that kept a lid on prices there.