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L+M, Pru, Goldman Sachs Deliver Downtown Newark Redevelopment

L+M Development Partners, in partnership with Prudential Financial and the Goldman Sachs Urban Investment Group, released the first finished exterior, lobby and amenity space photographs of Walker House, the fully-restored, landmarked former home of NJ Bell in downtown Newark, NJ.

Along with 264 mixed-income residences, Class A office and ground floor retail space, Walker House features a fitness center and yoga studio, library lounge, game room, private catering kitchen and dining room, and a rooftop terrace.

“This is a building for renters looking not just for great value, but for something with a bit more character and charm than your typical new market-rate building,” said L+M’s Jon Cortell.

The project is L+M, Prudential and Goldman Sachs UIG’s latest downtown Newark investment in partnership with Citi Community Capital. In 2017, the partnership re-opened the historic Hahne & Co. building, transforming the long-vacant former department store into a mixed-use complex.

For comments, questions or concerns, please contact Paul Bubny

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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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