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Iv been hearing that Newark is reinventing itself and is on a positive way up. I went and researched this and found the following website and thought my fellow Jerseyite's would appreciate reading it.
I read a while back that Newark was also getting a handful of new buildings...like 20-30 story buildings...one being partially funded by Shaq...yea idk...but would anyone know if any of this is true, and if anyone would have a future skyline pic
Newark is a lot better now than it was in the late 80's. Sure it has some high crime areas where drug activity is a major problem but Newark has some wonderful neighborhoods in the Ironbound, Forest Hill, parts of North Newark, and believe it or not even in the south ward. Broad and Market is safer now than it ever was. The area around Military Park has great places to visit: Newark Museum, NJ Historical Society, Wbgo gallery. Halsey St north of Market is becoming a mecca for young artists. There is hope for Newark. It is a unique interesting city with a complicated wonderful history. If people from the suburbs would get over their prejudices about Newark and give it a chance anything could happen.For the first time in over 40 years Newark has had a population increase.
There were several big development projects in the works a few years back, but they didn't pencil out financially. The costs of building large-scale projects in Newark is the same as in Jersey City, but Newark doesn't command the same rents, so the numbers don't work. I recall one of the projects where the developer approached the unions, demanding concessions so he could get his building up- they just about died laughing.
Elizabeth has the same issues, and that's why all the work that was supposed to happen by the ferry depot (which has also stalled) never happened.
There were several big development projects in the works a few years back, but they didn't pencil out financially. The costs of building large-scale projects in Newark is the same as in Jersey City, but Newark doesn't command the same rents, so the numbers don't work. I recall one of the projects where the developer approached the unions, demanding concessions so he could get his building up- they just about died laughing.
Elizabeth has the same issues, and that's why all the work that was supposed to happen by the ferry depot (which has also stalled) never happened.
Jersey city is still not developed as much as it could be. JC is much easier access to NYC. once Jersey City is totally redeveloped, then maybe they will move onto Newark. But I dont see why anyone would want to be doing major development in Newark when you can do it for Jersey city
Newark is a lot better now than it was in the late 80's. Sure it has some high crime areas where drug activity is a major problem but Newark has some wonderful neighborhoods in the Ironbound, Forest Hill, parts of North Newark, and believe it or not even in the south ward. Broad and Market is safer now than it ever was. The area around Military Park has great places to visit: Newark Museum, NJ Historical Society, Wbgo gallery. Halsey St north of Market is becoming a mecca for young artists. There is hope for Newark. It is a unique interesting city with a complicated wonderful history. If people from the suburbs would get over their prejudices about Newark and give it a chance anything could happen.For the first time in over 40 years Newark has had a population increase.
I concur. Newark has changed tremendously. I was in Newark a month ago and I couldn't believe the developments phases the city has seen for the past ten years or so. As a former resident of Newark I can always say positive things about the city. All those criticising Newark should be ashame of themselves. What do you expect from a city of that size with lack of better opportunity devised for total failure among minorities? Enough of the prejudice stuff about Newark. Would the same critics speak evil of neighoring towns like Belleville and Elizabeth?
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