Experiencing The Mews in WO

Experiencing The Mews in WO

WEST ORANGE, NJ — During a recent open house luncheon, leadership and brokers of Berkshire Hathaway HomeServices New Jersey Properties experienced The Mews at Edison Lofts within Prism Capital Partners’ redevelopment of the historic Thomas Edison Invention Campus in West Orange. The Mews features a boutique collection of 34 one- and two-bedroom new construction homes. […]

Edison Village project to move ahead with new investor

Edison Village project to move ahead with new investor

WEST ORANGE, NJ — At its June 26 meeting, the West Orange Township Council approved a resolution allowing the transfer of Greenfield’s ownership interests in DGP Urban Renewal and Prism Green Associates IV, the redevelopers for Edison Village on Main Street. DGP was responsible for the recently completed Phase I of the project and Prism […]

The Mews entices longtime West Orange resident

The Mews entices longtime West Orange resident

WEST ORANGE, NJ — Alexander Howze, a longtime resident of West Orange and the surrounding area, has watched the industrial-to-residential redevelopment of the historic Edison Factory from the very start. Now, as one of the first residents of The Mews at Edison Lofts, Howze is looking forward to participating in the final stages of the […]

Leasing opens at The Mews

WEST ORANGE, NJ — The on-site leasing center is now open at The Mews at Edison Lofts in Edison Village, Prism Capital Partners’ industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange. The Mews features a boutique collection of 34 one- and two-bedroom new construction homes. The on-site leasing […]

Exterior restoration at Edison Village nearly complete

WEST ORANGE, NJ — Exterior building restoration is nearing completion at Edison Village, the site along Main Street being redeveloped by Prism Capital Partners, according to a press release from Prism. According to Eugene Diaz, principal partner at Prism, the project has progressed at a rapid pace. Edison Village, representing the largest non-waterfront adaptive-reuse project […]

Edison Village redevelopment featured at conference

Edison Village redevelopment featured at conference

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 […]

Planning Board delves into master plan update goals

WEST ORANGE, NJ — The West Orange Planning Board unanimously voted to initiate the process for developing an updated township master plan at its March 1 meeting. The New Jersey legislature requires municipalities to re-examine their master plans every 10 years, which means West Orange’s revision is not due until 2020. But Chairman Robert Bagoff […]

Parisi trumpets addition of 6th jitney route

Mayor gives updates on transportation, redevelopment in annual address; honors community members

Parisi trumpets addition of 6th jitney route

WEST ORANGE, NJ — Mayor Robert Parisi announced that the township will be getting a sixth jitney route this year in his State of the Township Address during the West Orange Chamber of Commerce’s annual breakfast at the Wilshire Grand Hotel on Feb. 8. Parisi revealed that West Orange will add a service line covering […]

Prism has yet to use millions in WO bonds

Edison Village redevelopment going up quickly, with Prism likely to request bond money soon

Prism has yet to use millions in WO bonds

WEST ORANGE, NJ — The $6.3 million in municipal bonds issued by the township have still not been used by redeveloper Prism Capital Partners for Phase 1 of its Edison Village project, though that may soon change. According to township business administrator Jack Sayers, the township recently instructed Prism officials to submit invoices for any […]

Foreclosure sale will not affect Edison Village redevelopment

WEST ORANGE, NJ — The mortgage holder that foreclosed on one of Prism Capital Partners’ West Orange properties last year purchased the land in a Dec. 13 foreclosure sale. Lender entity LBUBS 2001-C3 Retail 217 LLC bought 217-219 Main St. for $100, according to the Essex County Sheriff’s Department sales listing detail. The entity had […]