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New York & Tri-State  + New Jersey + New York  + Apartments  |  July 5, 2023
Emily Fu
By: Emily Fu

KS Group, Giga Holdings Acquires Newark Residential Towers for $15M 

KS Group and Giga Holdings have acquired 315 Mulberry St in Newark, NJ., for $14.5 million. The property, currently a parking facility, will be repurposed into two 45-story high-rise residential towers, offering 1300 units.  

Yehuda Kotkes and Daniel Spiegel of KS Group, alongside Jeff Blau from Giga Holdings, closed the acquisition. “315 Mulberry St will embody the essence of downtown Newark, offering residents a seamless blend of luxury, convenience, and an unmatched sense of community,” said Spiegel. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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