CAPRE’s Fifth Annual Newark CRE Summit

“Even though Newark has had its challenges, it has one of the best connected (by mass transit) markets in the country. As the market figures out that Newark is so well connected to New York City through NJ Transit, PATH, Amtrak, Newark Airport shuttle, it becomes an incredibly viable location. And, one of the other positive factors that most people don’t know about is the fact that Newark has what’s called “dark fiber” network – one of the fastest internet networks in the country, probably even faster than what’s in San Francisco and Silicon Valley. It’s why Audible started there and one of the reasons why Amazon purchased Audible. It also has a good political climate now, with a progressive Mayor who knows how to get things done. Then there’s this buzz about Amazon about potentially choosing it for HQ2 – whether it happens or not, it’s been good for the City, to be selected as a finalist.” – David J. Minno, AIA, Principal at Minno Wasko Architects and Planners.

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