Tag: John Saraceno

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DOWNTOWN RIDGEWOOD’S NEWEST RENTAL COMMUNITY, NOMA, SURPASSES 60% LEASED BENCHMARCH AT RECORD PACE

13. NoMa Exterior rendering

the staff of the Ridgewood blog

Ridgewood NJ,  developer Onyx Equities announced today that more than 60% of the 39 brand-new rental residences at NOMA have leased just weeks since its grand opening, and the community’s first move ins are already underway. February is historically the slowest month for apartment rentals, but this boutique collection of ultra-luxury rental homes in downtown Ridgewood has quickly become one of Bergen County’s most in-demand addresses. Renters interested in leasing the remaining one and two-bedroom residences, now offering immediate occupancy, are urged to take action.

Continue reading DOWNTOWN RIDGEWOOD’S NEWEST RENTAL COMMUNITY, NOMA, SURPASSES 60% LEASED BENCHMARCH AT RECORD PACE

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NJ TRANSIT’S $150 MILLION RENOVATION PROJECT BILLED AS CRITICAL MOMENT IN NEWARK’S ELEVATION TO CENTER OF INTERNATIONAL COMMERCE

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the staff of the Ridgewood blog

Newark NJ, “Today’s announcement represents the single most critical moment in Newark’s revival as a business location in a generation,” says John Saraceno, principal of Onyx Equities, LLC, owner and operator of Gateway 1, 2 and 4.   “Many companies are re-thinking their long-term plans, and the shared vision for Newark Penn Station among NJ Transit, the City of Newark, and the Murphy administration is sure to elevate Newark as a prospective location for businesses.

Continue reading NJ TRANSIT’S $150 MILLION RENOVATION PROJECT BILLED AS CRITICAL MOMENT IN NEWARK’S ELEVATION TO CENTER OF INTERNATIONAL COMMERCE

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The Village of Ridgewood should Offer developers incentives to build public parking

Parking CBD

Offer developers incentives to build public parking

Editor, The Ridgewood Blog:

I get frustrated beyond belief whenever any member of the Village Council mentions all of the public parking spaces that will be permanently “lost” when the Brogan and Ken Smith properties are both fully developed (portions of both properties are now configured as surface parking lots and provide public parking to commuters and/or employees of CBD located businesses).

Yes; parking spaces will be lost during construction, but they don’t necessarily have to be lost permanently if someone on the Village Council would heed to my suggestion of offering incentives, in the form of tax abatements, exemptions, or reductions, to any developers who incorporate a public parking component into their development plans.

Believe me, if it were financially advantageous for a developer to incorporate a public parking deck/garage into their plans, they would rush to do so in a flash.  Money talks, nobody walks.

So let’s get with it Village Council members – how about picking up the phone today and calling J. T. Bolger, Ned Cancelmo, John Saraceno, and Mike Smith to see what they have to say?

Boyd A. Loving
Ridgewood resident