The Real Deal New York

Behind Newark’s biggest boom in decades

Lured by economic incentives, developers rush into the NJ city, prompting an unprecedented real estate boom

December 17, 2013 10:30AM
By David Jones

The Newark skyline

The Newark skyline

From the December issue: The long-blighted city of Newark, New Jersey, is undergoing its biggest economic growth period since the 1950s.

Indeed, in mid-September, the city opened its first new office tower in 20 years: the new North American headquarters of electronic giant Panasonic. And a week later, Teachers Village, a $150 million housing, retail and education complex, opened its first two buildings. [more]