Tag: Paramount Assets
Newark’s Lincoln Park Seeing Major Investment with Four New Developments
New major developments are in the works for the Lincoln Park Historic District in Newark that will together bring hundreds of new units to the neighborhood and transform the arts hub into a vibrant residential community.
Renderings Revealed for Restoration and Expansion Plan Near Newark’s Four Corners
Paramount Assets has full approvals in place to restore a Newark property that will expand the building by three floors and add a sizeable storefront to the stretch.
Paramount Assets Reveals Restoration Plan for Historic Building in Downtown Newark
Historic buildings that weren’t demolished were often stripped of ornamentation or covered with superficial materials. However, as current tastes change in favor of that lost ornamentation, developers are restoring original facades.
Key Milestone Reached for Netherwood Flats Redevelopment in Plainfield
The redevelopment of a former used car dealership in Plainfield, New Jersey, has reached the halfway milestone in its transformation into Netherwood Flats.
Developer and Community Struggle to Find Resolution as Renovations Begin at Newark Mosque
Mistrust still pervades the congregation and the court battle with ISEC board members is ongoing.
Board of Trustees Accused of Withholding Records About ‘Clandestine’ Sale of Newark Mosque
The controversial sale of the building to Paramount Assets last year pitted the Islamic Society of Essex County (ISEC) board of trustees against prayer goers.
Newark Developer Proposes Demolishing Downtown Buildings, Constructing 192-Unit Project
The Newark Landmarks and Historic Preservation Commission is expected to hear a plan associated with Paramount Assets that calls for bringing a major mixed-use development near Prudential’s headquarters.
Work Begins on ‘Netherwood Flats,’ 70 Apartments Adjacent to Train Station in Plainfield
Developers recently broke ground on Netherwood Flats, a 70-unit residential project with ground-floor retail located in Plainfield.
Elizabeth Developer Moving to Newark, Adaptively Reusing Buildings
Paramount Assets will move its headquarters to New Jersey’s largest city, where the company is involved in several development projects.
