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Newark building restored with refinancing

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185 Broadway, Newark.
185 Broadway, Newark. - ()

A Newark mixed-use building severely damaged in a 2017 fire just got a new lease on life.

The 8,400-square-foot commercial property located at 183-185 Broadway underwent a top-to-bottom renovation, with Progress Capital’s Brad Domenico helping to secure $1.2 million in refinancing toward project funding.

The buildout includes 10 residential units on the second and third floors along with ground floor retail space.

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Elana Knopp

Elana Knopp

Elana Knopp covers all things real estate for NJBIZ. You can contact her at eknopp@njbiz.com.

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