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New York & Tri-State  + New Jersey  + Apartments  |  November 28, 2022
The Crossings at Brick Church Station will be a $500-million mixed-use real estate project to be built in two phases
Paul Bubny
By: Paul Bubny

Triangle Equities Breaks Ground on $500M East Orange TOD

Triangle Equities along with investment partners Goldman Sachs and Basis Investment Group and co-developer partner Incline Capital, held a ceremony Monday marking the official groundbreaking of The Crossings at Brick Church Station, the owner/developer’s new transit-oriented mixed-use development. Reportedly it’s the largest-ever real estate development in East Orange, NJ.  

The ground-up project at 533 Main St. will be built in two phases, delivering approximately 200,000 square feet of retail, restaurants and commercial space, a pedestrian promenade & public plaza, 820 mixed-income rental units, and a 1,200-space parking garage. The first phase of The Crossings is scheduled for completion in 2024, and more than 85% of the first phase’s retail is pre-leased.  

“We are looking forward to building a project that we believe will be a catalyst for the redevelopment of this area and provide amenities to a deserving community,” said Lester Petracca, president of Triangle Equities.  

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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