The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Ridgewood NJ, Onyx Equities,Managing Partner John Saraceno one of New Jersey’s leading real estate firms, has finalized the sale of a 17,000-square-foot property in downtown Ridgewood for $5.7 million, according to a Monday announcement by Cushman & Wakefield, the real estate services firm that managed the deal.
Continue reading Onyx Equities Sells Prime Downtown Ridgewood Property for $5.7 Million
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.
the staff of the Ridgewood blog
Ridgewood NJ, two multi-housing rental projects will be opening early next year. The NoMa to open in February ,billed as “a visionary collection of one and two bedroom rental residences coming soon to North Maple Avenue in downtown Ridgewood. The unique charm of Ridgewood Village shows its colors with an eclectic collection of shops, restaurants, and activities that create a cherished sense of community just moments from the train – and miles from ordinary.”
Continue reading Two New High Density Housing Projects Slated for Early 2022 Openings in Ridgewood
Photo credit: Village of Ridgewood Tax Assessor’s web site
MAY 1, 2015 LAST UPDATED: FRIDAY, MAY 1, 2015, 12:31 AM
BY DARIUS AMOS
STAFF WRITER |
THE RIDGEWOOD NEWS
The First National Bank and Trust Company building is a Ridgewood landmark, one of the most recognizable sites of the downtown landscape. Erected in the early 1930s, its Classical Revival-inspired exterior is iconic to this day, while the indoor architecture and distinct features continue to stand the test of time.
But existing sans tenants for the past five years, the massive structure has become an unofficial symbol of the Central Business District’s (CBD) plights: several longstanding vacant storefronts, the struggle for adequate parking, underused properties and a drawn-out permitting process.
The building in the heart of the village’s downtown has been without an occupant since Bank of America closed its branch there in January 2010.
Real estate investment and development firm Onyx Equities, however, wants to return the building back to its heyday.
Onyx acquired the bank and property in April 2013; its principals paying nearly $2 million for the deed to the land.
According to the Village of Ridgewood website, the combined property and improvements were most recently assessed at more than $3.9 million.
https://www.northjersey.com/news/business/bank-repurposed-for-big-catch-1.1323143
