https://jerseydigs.com/101-market-street-newark/

This looks great, although I also liked the former design. Lots of activity on Washington St: Urby, Halo, 303 Washington, Museum Parc... The pace is exciting. Now we need condos. If I'm going to stay downtown and continue to call it home, purchasing is the only way cause I'm being priced out of the rental market after 9 years living downtown and most of my life living in Newark. My rent has gone up 66% in the past 9 years with no signs of slowing down. Displacement is real.

https://preview.redd.it/ny9tdsh1i7v91.png?width=869&format=png&auto=webp&s=09cc48cf32863b44a6c2d4f41cb011a813faa112

Comments

DrixxYBoat t1_itat8ob wrote on October 22, 2022 at 5:33 AM

The article says that Arc Tower is having trouble getting approved due to it being in a historical area // needing to demolish something historical.

All I know is that the perceived value of historical areas is exaggerated. I'd rather give the next generation a booming economy rather than performative nimbyism.

Echos_myron123 t1_itboiu7 wrote on October 22, 2022 at 12:29 PM

The RBH Group are bad neighbors. They let a building collapse on Beaver Street that could have killed someone if they had been on the street at the time. Ron Beit is a pig who pretends to care about Newark but buys up old buildings and allows them to collapse.

66nexus t1_it8wrs9 wrote on October 21, 2022 at 8:04 PM

When I posted this earlier it got straight buried lol. Glad it's back on the forefront.

I will always prefer taller, but I do have to say I like this design. There's just a handful of blocks downtown that if they were redeveloped it'd be almost a night/day difference.

It sucks about the increase in rent scroll but glad you're staying put!

tcbphil t1_it9cnme wrote on October 21, 2022 at 9:55 PM

Isn’t there a freeze on rent increases imposed by the city?

Kalebxtentacion t1_itaym8s wrote on October 22, 2022 at 6:42 AM

Can’t wait for this ground breaking

Marv95 t1_itazgib wrote on October 22, 2022 at 6:53 AM

Looks meh but it's better than nothing. Cool that you wanna stay put Scroll but condos are gonna be tough; more people like yourself need incentive to buy in the city.

Ironboundian t1_itep3xc wrote on October 23, 2022 at 2:00 AM

I like the new design. And to the OP @scrollhectic there is a 3bedroom 2 bath for sale at renaissance tower for $450k

111 Mulberry St Apt 4L, Newark $450,000 · 3beds · 2baths

https://apps.realtor.com/mUAZ/3eyszm9h

ScrollHectic OP t1_itlpple wrote on October 24, 2022 at 3:59 PM

Thanks. Location's perfect. I live within a block of it and actually park at that Icon parking. Hoping something more modern and bright gets built in the next couple years. Renaissance towers looks so outdated every time I visit friends there.

sutisuc t1_itmok7d wrote on October 24, 2022 at 7:44 PM

For real it looks like a run down hotel

naglephoto t1_itmd28o wrote on October 24, 2022 at 6:30 PM

It looks better than the previous design and the same size as the previous design so hopefully this time they get going and do it. It holds the street wall and wraps the corner very well.