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RockPlaza Lofts Redevelopment Project Enters Next Phase

Eight Properties in Newark Downtown District Under Development By Max Freedman Fidelco Realty Group, an owner-developer of residential, commercial and industrial properties, and Hanini Group, a Newark-based residential re-developer, are currently in the next phase of their re-development project of the Newark Downtown District. The first phase of the project consisted of renovating the Bowers Building at 191 Market St. in 2011, which now...

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Krauszer’s Food Stores Signs Lease at RockPlaza Lofts on Market Street in Newark

Store is First of Several Planned in Newark to Provide Convenience Food and Retail to Meet the Increased Demand from the Growing Residential Population Downtown (Newark, N.J.) – Fidelco Realty Group and Hanini Group announced a key lease signing to fill a missing gap for convenience and food retail vital to any residential community. Krauszer’s Food Stores, a convenience grocery store, entered the Newark market by signing a lease for 15...

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Rita’s Italian Ices Opens in RockPlaza Lofts in Newark

The Devils season may be over, but new activity around the Prudential Center is continuing. Rita’s Italian Ice has opened a new location at 191 Market Street as part of RockPlaza Lofts. The new Rita’s store will be open daily from 11 a.m. to 9 p.m. daily.  Rita’s serves a variety of frozen treats including custard and its Italian Ice, made fresh daily.  The new store in Newark is one of more than 625 outlets in 20 states throughout the...

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Novogradac Journal of Tax Credits: Mixed-Use Project Brings Residents, Builds Community

By Jennifer Dockery, Associate Editor, Novgradac & Company LLP This article first appeared in the March 2013 issue of the Novogradac Journal of Tax Credits. To Mark Berson, chairman of Fidelco Realty Group, RockPlaza Lofts will create a vibrant 24/7 community out of Newark, N.J.’s underutilized Four Corners historic district. Critics of the mixed-use project, however, often question him about the revitalization project’s ability to draw...

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RockPlaza Lofts officially opened

$38 Million Mixed-Use Redevelopment Opens in Downtown Newark Mayor Booker Joins Community Leaders to Celebrate Multi-Property Redevelopment With Specialty Retail and Loft Apartments; Showcases the Prudential Center’s Economic Impact Fidelco Realty Group, Hanini Group and Citi Community Capital executives joined Newark Mayor Cory Booker, Essex County Executive Joseph DiVincenzo, state and city officials and community leaders to celebrate the...

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Star-Ledger profiles RockPlaza Lofts official opening

The Star-Ledger profiled the grand opening of RockPlaza Lofts, a mixed-use development bringing new residential and commercial properties to downtown Newark. The redevelopment of the long-abandoned buildings is one of the latest sign of renewal in Newark. Star Ledger RockPLaza Lofts profile – PDF See the online article of RockPlaza Lofts opening...

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