The event will mark the inglorious end of a project that was done in by mismanagement, charges of corruption and, ultimately, unlivable conditions. The short story is that HUD repossessed the building from American Community Housing Associates of Chicago in 1996 and in 1997 sold it to the Newark Housing Authority.

Following the pattern in this metro area and elsewhere, the Newark Housing Authority will replace the unlamented high-rise with 57 townhouses. The new project is part of Newark's plans to build more than 750 units of housing in the city's Central Ward. The city is receiving nearly $60 million in HUD grants to accomplish that.

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