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December 10.2025
2 Minutes Read

Newark's Future of Housing: $250M Financing for 22 Fulton Project

Close-up of money exchange between business professionals.

Transforming Newark: The Impact of the 22 Fulton Development

The landscape of Newark is about to change dramatically with the launch of the 22 Fulton project, a flagship mixed-income community initiated by Walker & Dunlop. With the backing of over $250 million in financing, this much-anticipated development is poised to address the city’s pressing need for accessible housing while also revitalizing its downtown area.

A Comprehensive Financing Approach Paves the Way

The depth of the financing package—featuring nearly $119 million from Goldman Sachs Alternatives, along with significant support from institutional lenders—demonstrates a strong commitment to creating sustainable urban living. This multifaceted approach includes construction loans, LIHTC equity, and preferred equity, alongside a substantial forward commitment for permanent loans.

Government Incentives Fuel Affordability Initiatives

Strategically located within a Qualified Opportunity Zone, 22 Fulton leverages multiple government incentive programs, including $90 million in NJ ASPIRE tax credits. These efforts ensure that 20% of the apartments are reserved for families earning 60% of Newark’s Area Median Income, making it a beacon of affordable housing in an often-challenging market.

Community-Centered Design for Sustainable Living

Envisioned as more than just residential units, the 22 Fulton community will feature 396 residential spaces, combining market-rate and affordable units within a cohesive design that meets National Green Building Standards. The project emphasizes environmentally responsible practices alongside social equity, presenting a holistic model for urban development.

A Collaborative Effort with Far-Reaching Effects

Statements from the key stakeholders, including Aaron Appel from Walker & Dunlop and Miles Berger from the Berger Organization, highlight the project’s potential to reshape Newark’s historic downtown. The partnership illustrates how innovative financial solutions can effectively expand access to quality housing, thereby strengthening the local community.

The Path Forward: A Model for Future Developments

As Newark embraces this landmark development, it offers insights into how cities can utilize financial creativity and policy incentives to tackle housing shortages. The 22 Fulton project serves as a blueprint for similar initiatives nationwide, showcasing the importance of dedicated efforts in building sustainable, mixed-income communities.

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01.16.2026

Seton Hall Prep’s Ice Hockey Team Shines: Mesler's Impact Ignites 8-1 Victory

Update Seton Hall Prep Showcases Dominance with Stellar Performance In a remarkable display of skill and teamwork, the Seton Hall Prep boys' ice hockey team, currently ranked No. 7 in the NJ.com Top 20, dominated Gloucester Catholic with an 8-1 victory at Hollydell Ice Arena in Sewell. Leading the charge was Dylan Mesler, whose impressive tally of two goals and two assists showcased his rising prowess on the ice. A Team Effort in Victory Backed by a stellar performance from Christian Jaworski, who contributed with a goal and three assists, Mesler's efforts helped improve Seton Hall Prep's record to 6 wins and 6 losses this season. Ronald Ziegler also made significant contributions with two goals of his own, supported by teammates Ben Winston, Brayden McCree, and John Renzullo, each adding to the scoreline. Meanwhile, goalie Vincenzo Distasio had a solid game, securing the net tightly with nine saves. Gloucester Catholic's Struggles Despite the setbacks, Gloucester Catholic's Richie Geiser put up a valiant effort in goal, making 39 saves throughout the match. The lone goal for Gloucester came during the third period from Chad Niederman, offering a brief glimmer of hope in an otherwise challenging encounter. Gloucester Catholic has seen a rough stretch this season, currently languishing with 3 wins against 8 losses. Looking Ahead: A Promising Future for Seton Hall Prep This impressive victory not only highlights Seton Hall Prep's capabilities but also sets the stage for a series of crucial upcoming games in the season. With players like Mesler and Jaworski leading the pack, the team is building momentum as they push for a strong finish in their league play. Impact on Local High School Sports As Seton Hall Prep continues to thrive, this win also reflects the growing enthusiasm for high school hockey in Northern New Jersey. The community's support for local teams fosters a strong connection among students, parents, and alumni, reinforcing the value this sport brings to the area. Concluding Thoughts With teams like Seton Hall Prep on the rise, the future of boys' ice hockey looks promising in Sussex County NJ and the surrounding northern regions. Engaging local sports can unite communities and inspire young athletes aiming to follow in these standout players' paths.

01.16.2026

Dylan Mesler Leads Seton Hall Prep to a Thrilling 8-1 Victory over Gloucester Catholic

Update Mesler Powers Seton Hall Prep to a Dominant Victory In a spectacular display of teamwork and talent, Dylan Mesler led the No. 7 Seton Hall Prep ice hockey team to an emphatic 8-1 victory over Gloucester Catholic on January 15, 2026. Playing at the Hollydell Ice Arena in Sewell, Mesler's impressive two-goal, two-assist performance was crucial in solidifying Seton Hall Prep's place in the competitive landscape of New Jersey high school hockey. Rallying the Team: A Collective Effort Alongside Mesler, Christian Jaworski proved to be another vital asset for Seton Hall, contributing a goal and three assists to the scoreboard. The match saw Ronald Ziegler also shine by scoring two goals, with Ben Winston, Brayden McCree, and John Renzullo rounding out the scoring with goals of their own. This demonstrates the depth and versatility of the Seton Hall squad as they fight for a favorable postseason position. What’s Next for Seton Hall Prep? With the win, Seton Hall Prep’s record improves to 6-6, showcasing a resilient comeback after struggles earlier in the season. The team must continue to build on this momentum as they prepare for upcoming challenges. Their recent dominant performance is a clear signal that they’re finding their rhythm and growth as a unit. Future Predictions for Seton Hall Prep Ice Hockey As we look ahead, Seton Hall Prep's trajectory appears promising. If they maintain this level of play, they are poised to challenge for higher ranks in the NJ.com Top 20. Fans can expect thrilling games that should position Seton Hall Prep as a formidable contender in the league, particularly as they face off against other top teams throughout the season. Coaching and Training: The Backbone of Success The leadership of the coaching staff has clearly played a pivotal role in developing the players' skills and strategies on the ice. As they emphasize teamwork, skill development, and mental toughness, Seton Hall Prep can continue to refine its game, driving them toward the state playoffs. Local Impact: Community Support The support from the local community in places like Sussex County and surrounding towns such as Andover and Branchville is integral to the team's spirit. Local fans are encouraged to attend upcoming games to back the players, enhancing the atmosphere and supporting their journey in the hockey scene. As we await the next match, it’s clear that Seton Hall Prep, led by standout players like Dylan Mesler, is a team to watch in the remainder of the season. Their recent victories power hopes for what lies ahead.

01.16.2026

Morris County's Courthouse Expansion: Enhancing Northern NJ's Judicial Services

Update Groundbreaking Expansion for Morris County Courthouse In a significant move to enhance judicial services, Morris County has officially commenced a two-year expansion project for its courthouse in Morristown. The construction, which will introduce eight new courtrooms, is designed to address both security and space requirements that have evolved over recent years. Significance of the Expansion This expansion represents a crucial step for Morris County as it strives to meet the standards set forth by the New Jersey Administrative Office of the Courts. Currently, many counties in New Jersey face a critical need for modernized facilities, and Morris County is among those undertaking extensive capital improvements. The new facility is strategically being constructed on the existing parking lot and adjacent park area along Schuyler Place without affecting the integrity of the historic courthouse facing Washington Street, which recently underwent refurbishments in 2024. Preserving History While Embracing Modernity Despite the new add-on, officials assure that the historic courthouse is here to stay. The restoration efforts ensure that the architectural legacy of Morris County is preserved while accommodating the judicial system's needs. The new building will contain not only courtroom spaces but also dedicated areas for jury assembly and judge chambers, further fostering an efficient judicial process. Community Impact and Considerations While this expansion is a positive development for the courthouse, local residents and businesses in Morristown should brace for some challenges during the construction phase. Schuyler Place will be narrow for vehicular traffic, and street parking will be significantly reduced to facilitate the build. However, alternative parking arrangements will be in place to mitigate disruptions for visitors and residents alike. Future of Morris County’s Judiciary Officials state that the new courthouses are intended to replace outdated infrastructure rather than expanding operations. This initiative aims not only to provide superior facilities for legal proceedings but also to enhance accessibility and security for all stakeholders involved in the judicial process. Conclusion: A Step Towards Enhanced Justice The courthouse expansion signifies Morris County's commitment to improving its judicial system and adapting to the needs of its residents. As the project progresses, community members are encouraged to stay informed about construction updates and expected impacts, ensuring a smooth transition to the newly revamped courthouse complex.

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