New Jersey Record
Newark
ApprovedOther

10 Park Place Adaptive Reuse — 196-Unit Fully Affordable Rental Project

Description

A 35-year tax abatement was approved so the Berger Organization can convert 10 Park Place into a 10-story, 196-unit building with every unit income-restricted affordable, plus about 4,500 square feet of retail.

Impact summary

Adds 196 affordable apartments to downtown Newark, most restricted for households at or below 60% of area median income.

Applicant

Name
10 Park Place Newark LLC, c/o Berger Organization
Address
2-4, 6, and 8-12 Park Place, Newark, NJ (Block 17, Lots 7, 9, 10)

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · City Council

Approved8–0, unanimous

Last discussed Jun 17, 2026.

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