DOCSLIB.ORG

2017 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2017 Annual Report LIVING IN DOWNTOWN NEWARK 2017 Annual Report VOLUME XIX WELCOME Dear NDD, Dear Downtown Stakeholders, Usually I would write my welcome letter It has been an honor serving as Chairman to stakeholders here, but since we’ll be of the Board of Directors for the Newark celebrating your 20th anniversary next Downtown District and ushering in its year, I decided instead to write this letter 20th Anniversary of service to our down- to you. 20 years have passed since you town. opened your doors in 1998 - fresh-faced and ambitious, armed with one mission: My position has given me a front-row seat to improve the quality of life in the central to the hard work done by the Newark business district of the City of Newark. So Downtown District in the Central Ward. many people said it would be impossible, Immense changes have taken place over but if there is one thing you are known for, it’s your ability to the last two decades, evident to all who live, work, and visit turn a deaf ear to naysayers and stay focused on your goals. Newark. The NDD started in 1998, concerning itself with basic cleaning, security, and bringing feet to the street. Now it is work- As I look back over nearly two decades, I must say — you have ing with local partners to strategically sculpt the bright future changed a lot. You started off with a handful of employees and that we all see on Newark’s horizon. a primary goal to keep the downtown streets and structures clean. After 15 years hard at work, your impact was so impres- The theme of this year's Stakeholders Reception is Living in sive your borders were expanded. Working with top archi- Downtown Newark, which encompasses more than just mov- tects and urban designers, you improved the aesthetics of our ing into our community. It is about immersion. Companies like downtown from top to bottom - historic-style light poles and Amazon, Prudential, and Panasonic are encouraging their em- street-pole banners to granite curb cuts, parklets, and plant- ployees to move into the downtown, walk to work, see sporting ers. Under the guidance of skilled landscape architects your events and concerts in our community, and take advantage of seating areas and parklets are selectively placed to allow for our big city amenities with our small town hospitality. extensions of tall office buildings and local businesses while your plantings change each season to give pleasure to thou- The NDD is leading in this new era by assisting in retail attrac- sands who crave a connection with nature in their daily city tion and business growth, partnering with local organizations to lives. Each intentional detail touches every block and makes it improve quality of life, and focusing its attention on the many impossible to go unnoticed. Who knew you’d have such an im- open spaces throughout the downtown. Public spaces change pact on the lives of so many people? the physical footprint of our city by allowing those who live and work in Newark to literally stop, sit, and absorb the enjoyable 19 years later, you have an untiring team consistently aiming sights and sounds of the city. The NDD Outdoor Cafe Seating to create and attain new milestones while working to maintain Areas, NDD Pedestrian Mall, and NDD Parklets are catalysts for and improve those that have already been reached. Together those changes. Mulberry Commons will become Newark’s new- they work with over 60 Ambassadors—women and men, most est state of the art park in Fall 2018, with the NDD maintaining, from right here in Newark — including Quality of Life Ambassa- securing, and programming it. These spaces are for all Newark- dors, Clean Ambassadors, and Horticulture Ambassadors all of ers to enjoy and share, and their success mirrors the success which are dedicated to making people feel safe, cared for, and the entire downtown is experiencing. proud to be a part of downtown Newark. As new residents are flooding to our downtown because of the extraordinary cul- As I pass the gavel to our new Chairman, I am content in the ture, work opportunities, transportation infrastructure, restau- knowledge that our downtown is growing and flourishing. May rants, nightlife, galleries, shopping, and personality, you are the NDD be at the forefront of downtown Newark's develop- right there in the middle of the fun, ready and waiting to serve. ment for another 20 years. You have worked tirelessly to earn a reputation for excellence, Kevin Collins dependability, and integrity, and as a result, your name has NDD Board Chairman, become synonymous with high quality. Today, the impact you C&K Properties - 2 Gateway Center have had on the downtown is obvious, and I have no doubt the next 20 years will be filled with innumerable accomplishments. Most respectfully, Anthony McMillan, CEO Newark Downtown District 2 | NEWARK DOWNTOWN DISTRICT TABLE OF CONTENTS About Downtown Newark..................4 Open Spaces.........................................17 NDD Mission.....................................................5 Parklets............................................................. 17 Live....................................................................6 Pedestrian Mall................................................18 Labor.................................................................8 Outdoor Cafés and Charging Stations..........18 Leisure..............................................................8 Mulberry Commons........................................19 Welcome to Our Community........................9 Banner Program..............................................20 NDD Operations..................................10 Board of Directors............................... 21 Clean and Green............................................10 Staff.......................................................21 Ambassadors..................................................11 Financial Update..................................22 Quality of Life.................................................12 A Healthy and Active Downtown..... 13 NDD Farmers Market...................................13 NDD Walking Club.........................................14 Annual Holiday Celebration.........................15 BrandNewark Kiosk.......................................16 NDD Back to School BBQ..............................16 2017 ANNUAL REPORT | 3 ABOUT DOWNTOWN NEWARK NDD MISSION The Newark Downtown District, Newark’s special improvement district of the central business area, is a privately funded 501(c)3 non-profit organization, dedicated to revitalizing downtown Newark by improving the economic viability of the central business district. The NDD works hard to enhance the quality of life for those who live, labor, and leisure in Newark, by providing sup- plemental cleaning and safety services, as well as physical improvement, marketing, and event programs. The NDD is funded through a special assessment on district commercial and residential properties, billed and collected by the City’s tax collection department and turned over to the NDD for operation management. The NDD is overseen by a Board of Trustees consisting of business and property owners within the District, representatives of non-profit organizations, as well as municipal officials and staff. LIVING IN DOWNTOWN NEWARK NEW RESIDENTIAL BUILDINGS BY THE NUMBERS Last Phase of Teachers Village 11% rise in the median home value Halston Flats in downtown Newark over the last year to $277,900 Hahne & Co Luxury Apartments (zip code 07102) Approximately 400,000 people RESIDENTIAL DEVELOPMENT comprise the daytime population in Newark IN THE PIPELINE FOR 2018 AVERAGE RENT COSTS One Theater Square One Riverview Studio: $1439 The Kislak Building (579 Broad Street) 1 Bedroom: $1774 869 Broad St 2 Bedrooms: $1983 198 Market Street 3+ Bedrooms: $2245 DOWNTOWN NEWARK LIVING TOUR From Vogue.com to the New York Post, the real estate and commercial boom throughout Newark has been in the spotlight this year. Newark has a history, flavor, and unique living experience that other cities cannot duplicate. So, what is it like to live in downtown Newark? Over 700 people found out on Saturday, May 20, 2017, from 10:00 am–4:00 pm at the Downtown Newark Living Tour. This free, day-long, self-guided event was an opportunity to see first hand the most exciting, affordable luxury residential developments in Newark’s downtown. In addition to touring apartment homes, attendees watched cooking demos and ate tasty samples at Whole Foods Market, visited galleries throughout the downtown, had free entry into the Newark Museum, and enjoyed a free concert at NJPAC. “ Downtown Newark is the perfect place to live, labor, and leisure.” “Downtown Newark is the perfect place to live, labor, and leisure. Only minutes from Manhattan, we are home to fabulous, affordable, luxury apartments, top Fortune 500 companies, the best cultural centers in New Jersey, a vibrant art community, and delicious dining,” Anthony McMillan, CEO of the Newark Downtown District, explained. “Over 700 people converged on downtown Newark to take a peek into life in New Jersey’s biggest city.” 6 | NEWARK DOWNTOWN DISTRICT The self-guided tour began at the Greater Newark PARTICIPANTS Convention and Visitors Bureau, where attendees registered for their free all access pass. From there, registered participants from all over the United States and Apartments parts of Europe hopped on the free shuttles or started The Hahne Building Nevada walking the downtown to visit downtown Newark’s luxury Halston Flats Richardson Lofts apartment buildings.
Load more

Recommended publications
  • 22 Ferry Street Newark Flyer 10.21.19
    22 Ferry Street Newark, New Jersey Retail for Sale - Contact Jason Pierson Ryan Starkman Ph. 732-707-6900 x1 Ph. 732-707-6900 x5 [email protected] [email protected] 79 Route 520, Suite 202 • Englishtown, NJ 07726 • www.piersonre.com • Licensed Real Estate Broker 22 Ferry Street Newark, New Jersey Property Summary Demographics The Offering Total • Property: 22 Ferry Street Employee Median Radius Population Daytime • Price: $2,050,000 Population Age Population Vital Data • Net Operating Income: $113,222 .5 Mile 12,895 32,017 35.7 37,875 Market Activators 1 Mile 58,330 96,187 34.4 127,038 • Prudential Center in cooperation with Madison Square Garden • City Hall • NJ Transit • PSE&G 2 Mile 159,714 161,729 33.2 256,581 • Essex County Courthouse • NJIT • River Front Park • Gateway Center • Panasonic • Rutgers University • NJ PAC • Prudential • Seton Hall Law 3 Mile 297,289 192,580 33.3 373,421 Site Description • 3-story mixed use building for sale in the heart of the Ironbound section of Newark • 100% occupied stabilized asset consisting of 4 residential units and 2 commercial tenants with upside in below market residential rents • Strategically situated less than 400 ft. from Newark Penn Station and the PATH Train. Ideal walking distance for commuters into NYC with less than 20 minutes door-to-door to NY Penn Station. Easy access to public transportation via bus system at the corner, light rail, Penn Station and Newark Liberty International Airport (6-minute train ride) • Directly across the street from the new Peter Francisco Park and surrounded
    [Show full text]
  • HPO Cultural Resource Reports FILTER SETTINGS: (Sorted By: County / Municipality / Shelf Code) County:: ESSEX Municipallity: County Code: Agency Code
    HPO Cultural Resource Reports FILTER SETTINGS: (Sorted by: County / Municipality / Shelf Code) County:: ESSEX Municipallity: County Code: Agency Code: ESSEX ESSEX Countywide Countywide ESS K 167a 2014 ID11146 MULT C 841x 2018 ID12815 Mapping the Morris Canal in Essex County Delaware Water Gap National Recreation Area Historic Property Richard Grubb & Associates Management Plan, Susquehanna to Roseland 500 kV Transmission Line Project Report Type: Mitigation Documentation Louis Berger Location: SHELVED: CRM Report Type: Architecture Intensive ESS GB 91 v1 1986 ID7778 Location: SHELVED: CRM Cultural Resources Survey of Essex County: Report MULT C 915 2010 ID9966 Zakalak Associates Phase 1A Cultural Resource Survey for the PSE&G West Orange 230 Report Type: Architecture Intensive kV Converstion Project, Middlesex, Union, Somerset, Morris, and Essex Location: SHELVED: GB Counties, New Jersey URS Corporation 2018 ID13433 MOR K 194a Report Type: Archaeology Phase I Morris Canal Greenway Corridor Study Location: SHELVED: CRM NV5; Arterial; Heritage Strategies; Swell Report Type: Combined Report MULT C 915a 2012 ID10147 Location: SHELVED: CRM Phase IB/II Archaeological Survey, North Central Reliability Project, PSE&G Services Corporation; Essex, Morris, Somerset, Union, and MULT A 201d 2009 ID9128 Middlesex Counties, NJ Remote Sensing Survey of Portions of Ambrose Channel and Sandy Richard Grubb & Associates, Inc. Hook Pilot Area in Connection with the New York and New Jersey Report Type: Combined Report Harbor Naviagation Study, King and Richmond Counties, New York Location: SHELVED: CRM Panamerican Consultants, Inc. Report Type: Archaeology Phase I MULT C 915b 2012 ID10232 Location: SHELVED: CRM Intensive-Level Architectural Survey, North Central Reliability Project, PSE&G Services Corporation; Essex, Morris, Somerset, Union, and MULT C 841f 2011 ID9872 Middlesex Counties, NJ Susquehanna to Roseland 500kV Transmission Project Pennsylvania _ Richard Grubb & Associates, Inc.
    [Show full text]
  • Ironside Newark 110 Edison Place, Newark, New Jersey
    Ironside Newark 110 Edison Place, Newark, New Jersey Retail for Lease - Contact Jason Pierson Ryan Starkman Ph. 732-707-6900 x1 Ph. 732-707-6900 x5 [email protected] [email protected] 79 Route 520, Suite 202 • Englishtown, NJ 07726 • www.piersonre.com • Licensed Real Estate Broker Ironside Newark 110 Edison Place, Newark, New Jersey Demographics • 300,000+ living population within 3 miles ranking it the largest city in the state of New Jersey • 200,000+ daytime workforce/employee population • 4 major Universities totaling 60,000 students and faculty • 14.5 million square feet of class A office space within the immediate area • 48,600+ vehicles per day pass the site along McCarter Highway • 1 block from the Prudential Center aka “The Rock” - Approximately 18,000 seat arena - 200+ events per year - Over 2,000,000 visitors per year - Home to the NJ Devils, Seton Hall Basketball, concerts, boxing and other premier events Market Activators • Prudential Center in cooperation with Madison Square Garden • City Hall • NJ Transit • PSE&G • Essex County Courthouse • NJIT • Rutgers University • Gateway Center • Panasonic • Seton Hall Law • NJ PAC • Prudential Radius Population Employee Population Median Age Total Daytime Population .5 Mile 10,195 49,782 36.6 54,707 1 Mile 56,230 98,922 34.2 129,366 2 Mile 172,998 165,922 33.1 268,916 3 Mile 315,902 208,693 33.4 399,238 Ironside Newark 110 Edison Place, Newark, New Jersey Availabilities & Project Plans First Floor Availabilities Fronting Edison Place • +/- 6,616 SF (divisible) • +/- 6,672 SF (divisible)
    [Show full text]
  • Loop Capital Markets
    OFFICIAL STATEMENT DATED JULY 16, 2020 NEW ISSUE UNRATED In the opinion of DeCotiis, FitzPatrick, Cole & Giblin, LLP, Bond Counsel, assuming continuing compliance by the City of Newark, in the County of Essex, State of New Jersey (the “City”) with certain covenants described herein, under current law, interest on the Notes (as defined herein) is not includable in gross income for federal income tax purposes and is not an item of tax preference under Section 57 of the Internal Revenue Code of 1986, as amended (“Code”), for purposes of computing the federal alternative minimum tax. No opinion is expressed regarding other federal tax consequences arising with respect to the Notes. Further, in the opinion of Bond Counsel, under current law, interest on the Notes and any gain on the sale thereof are not includable as gross income under the New Jersey Gross Income Tax Act. see “TAX MATTERS” herein. CITY OF NEWARK, in the County of Essex, New Jersey $29,282,031 SCHOOL PROMISSORY NOTES, SERIES 2020 (Book-Entry Only) (Non-Callable) Dated: Date of Delivery Due: July 27, 2021 The $29,282,031 aggregate principal amount of School Promissory Notes, Series 2020 (the “Notes”) are being issued for the purpose of refunding, on a current basis, a portion of the City’s $30,582,031 School Promissory Notes, Series 2019 issued July 30, 2019 and maturing July 29, 2020 (the “Prior Notes”), which were originally issued for the purpose of financing various school capital improvements. The remaining principal portion of the Prior Notes will be paid by a budgetary appropriation of the City.
    [Show full text]
  • Newark Downtown Circulation Improvement Study
    Newark Downtown Circulation Improvement Study June 2019 Newark Downtown Circulation Improvement Study 1 Ras J. Baraka Mayor Mildred C. Crump President, Council Member At-Large Luis A. Quintana Vice President, Council Member At-Large Augusto Amador Council Member, East Ward Carlos M. Gonzalez Council Member, At-Large John Sharpe James Council Member, South Ward LaMonica R. McIver Council Member, Central Ward Joseph A. McCallum, JR. Council Member, West Ward Eddie Osborne Council Member, At-Large Anibal Ramos, JR. Council Member, North Ward Phillip Scott, PE, CME Director, Department of Engineering Kimberly Singleton Manager, Division of Traffic and Signals Uzoma Anukwe, AICP Project Manager, Division of Traffic and Signals Newark Downtown Circulation Improvement Study 2 Newark Downtown Circulation Improvement Study Contributors City of Newark, Department of Engineering, Division City of Newark Division of Traffic and Signals of Traffic and Signals Kimberly Singleton, Manager, Division of Traffic and Matthew Aina Signals Isaac Ojeda Uzoma Anukwe, Principal Planner, Transportation Trevor Howard, Principal Planner, Transportation NJ TRANSIT Jennifer Buison North Jersey Transportation Planning Authority Mike Viscardi Peter Zambito, Senior Planner, Subregional Support Blythe Eamen, Principal Planner, Subregional Planning New Jersey Department of Transportation Studies Tom Houck Doug Greenfeld, Manager, Sustainability and Plan Jelena Lasko Development Lois Goldman, Director, Long Range Transportation Essex County Planning David Antonio Sam Schwartz
    [Show full text]