The city has to demolish those buildings now. The developers asked to do it for the city but since the HPC board wanted to keep saying no to demolition now it’s in the city hands. Just everyone be prepared for another beaver street situation, just someone more likely to get hurt

I walk by there almost every day, and seeing them knocked down was so disappointing. The larger building on the bottom was no looker, but the ones above were really quite nice, and had a beautiful mural painted on it. I was really hoping they'd at least be replaced with some new developments (Both buildings had been abandoned for a while now). But ofc, we're just getting more parking lots instead, exactly what we need.

They knock down historical buildings just to put ugly cookie cutter luxury apartments

No they knock them down to add parking

Another parking lot would be a win for the old guard, holding back progress and holding down the city in line with age old stereotypes

It’s terrible what happened. But to be super clear….those buildings aren’t in a historic district. That’s the difference.

Correct

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The buildings knocked down by Edison along New Street ,Central ave and the dozens knocked down by Rutgers and NJIT throughout the decades are in the James Street historic Zone. Landmark status for Warren Street School meant nothing . It meant nothing to them. Edison doesn't give a damn because it's a multi-millionaire company. They'll just pay the fines and move on. NJIT and Rutgers do whatever they want because their attitude is "Newark needs them".

What is the value of these buildings other than having been built along time ago? I bet neither you nor any one else in this discussion knows “why” these building are”special”. What everyone really has their panties in a bunch over is the fact that Edison had the forethought to buy up property when I was cheap and is cashing out now. If you are going to be salty; at least be honest.🤷🏾‍♂️

Real estate around Newark Penn Station is going to be incredibly valuable. Are they really putting in parking lots there?

I think itd be alright if they put the space to better use, but not much hope for more than a parking lot

It's been valuable for decades but the scum developers are only interested in land banking. The proposed something they'll never build in Newark like a massive 60 story or super tall skyscraper, knowing newark, a city desperate for such high profile developments, will approve it. The developer then sells the land for a higher value based on the value of what's been approved on it. In Edison's case, they're not interested in building anything or selling. Parking lots is their game. It is a safe money source and whenever something gets built, they insist on a new parking lot to compensate the one that was lost. Edison basically insists on land swaps. And I suspect that's what happened to the properties in the Ironbound they were recently demolished by Edison. Probably part of the compensation for the land that became Mulberry Commons park. It's just my guess but I wouldn't be surprised.

I can see the planning board and the city denying them the permit to build the ark Tower. I can see the owners selling the property to Edison Park fast to spite the city. Another micro Edison parking lot is what I see if those two buildings get demolished without the ark replacing it.

Edison are not developers. I wonder how Ironside Newark is doing financially? I think they're about 70% occupied which isn't great. The financial motivation for them to develop would have to be significant since they are probably making BANK with all those parking lots in such prime locations.