Edison Village redevelopment featured at conference

Photo Courtesy of Evelyn Weiss Francisco
From left at the Governor’s Conference on Housing and Economic Development are Stan Slachetka from T&M Associates; Edwin Cohen from Prism Capital Partners; Michael Sullivan from Clarke Caton Hintz; Jae Shin from Hector; and Robert S. Goldsmith from Greenbaum, Rowe, Smith & Davis LLP.

WEST ORANGE, NJ — Prism Capital Partners’ Edwin Cohen spoke on a redevelopment-focused panel at the prestigious Governor’s Conference on Housing and Economic Development this fall. The Bloomfield-based commercial real estate firm’s Edison Village in West Orange served as an example of the best practices and innovative strategies driving New Jersey communities forward, according to a recent press release from Prism.

Cohen shared the stage with moderator Stan Slachetka from T&M Associates; and speakers Michael Sullivan from Clarke Caton Hintz; Jae Shin from Hector; and Robert S. Goldsmith from Greenbaum, Rowe, Smith & Davis LLP. The group discussed how to successfully plan and implement effective redevelopment projects.

“With continued high demand for multifamily product, New Jersey is seeing more and more creative use of infill areas,” Cohen said. “Done right, and with strong public-private cooperation, the redevelopment and adaptive reuse of obsolete properties can serve to preserve their communities’ pasts while anchoring their futures.”

As designated redeveloper, Prism Capital Partners in 2016 launched construction for Edison Village, the industrial-to-residential redevelopment of the historic Thomas Edison Battery Building and property in West Orange. Representing the largest non-waterfront adaptive-reuse project in New Jersey, Edison Village encompasses 21 acres on Main Street, in the heart of the township’s downtown redevelopment area.

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