(To read more on the multifamily market, click here.)
EAST ORANGE, NJ-The 14-story residential building overlookingthe Garden State Parkway had been vacant for some time, fallingvictim to vandals and to general disrepair. But a $20-millionredevelopment effort launched by the Irvington, NJ-based GLC Groupis in the process of turning 60 Parkway Dr. into an upscalecondominium community.
"It's a complete transformation of the property," says MarkCaller, principal of GLC. "It's taking what had been a tremendousdrag on the city and converting it to something really exciting forthe city and Essex County."
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