Thursday, January 7, 2016

Developer Plans to Add Stores and Apartments to Ironbound Building

Newark, New Jersey: Another building in the City of Newark could soon be revitalized, this time in the East Ward of the city. 

Newark lawyer Michael O. Bertone, P.A., of Beacon Redevelopment, LLC, is proposing to convert the building located at 118-134 Adams Street, between Lafayette and Ferry Streets, into a mixed use residential and commercial building. The building stretches to Jackson Street, the next block. According to the Newark Central Planning Board agenda, the building would include 28 apartments on the upper floors and six retail spaces on the first floor. 

The building, which is known for the American flag painted on its side, most recently contained a liquor store on the first floor of the Adams Street side, and an office of Beacon Cabinet Display Corporation previously. A nail salon opened on the Jackson Street side of it within the past few years, but has since closed. 

The H. E. Rainaud Company, which manufactured lamps, used the building as a factory until 1919, when it moved its operations to Connecticut. The Flexible Cork Company also operated a factory there.

During the meeting of the Newark Central Planning Board on Monday, January 11th, a hearing will be held to discuss this proposal and two other proposed East Ward projects. 

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