CREA Edge Newsletter - May 2021

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PROPERTY IMPACT STORY: 915 BROAD STREET, CONT.

of LEED Gold certification by the U.S. Green Building Council.

development, Cornbread and IHOP reside on the ground floor, owned and operated by restaurateur and real estate developer, Adenah Bayoh, who also co-owns the building and was responsible for bringing the project to fruition. The impact 915 Broad Street brings to the Newark community is intertwined in Adenah’s personal experience and the larger narrative of The American Dream. While Adenah Bayoh, CEO of Adenah Bayoh & Companies and Co-founder of Cornbread, has earned her standing as a successful entrepreneur, her story starts in Liberia where she escaped the civil war. Immigrating to the United States at age 13, she attended a public high school, put herself through college, secured a job in banking, and started investing in multi-family homes. Out of the success of these investments, Adenah was able to leave banking and concentrate her skills and

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...With 55% affordable housing and 45% market rate, 915 Broad Street overlooks the Newark City Hall and is minutes from Newark Penn Station, Rutgers University and the Passaic River waterfront area, as well as an array of entertainment and restaurant offerings. The amenity package includes open floor plans with walk-in closets, solid surface counter tops and stainless- steel appliances, oversized windows, outdoor space, a community room, fitness center, concierge service, and state-of-the-art security. 915 Broad Street was designed by Urban Builders Collaborative, JKRP Architects and Adenah Bayoh & Companies with efficiency in mind. Residents benefit from energy- efficient appliances, high efficiency HVAC systems and best practices for indoor air quality and ventilation, reflected in the recent achievement

However, there’s more to this development than accessibility, efficiency, and stylish furnishings. 915 Broad Street is the result of persistence and determination from partners who were essential in its successful completion. “We persevered through some extraordinary events – the most obvious being the pandemic, but also a milestone change in the tax code and significant unforeseen conditions in the ground,” said Matt Gross, Executive at Lettire Construction Corp and Partner at Urban Builders Collaborative. “Through everything, all partners were passionately committed to 915 Broad Street and the City of Newark, and we believe the final product reflects that.”

Located within the mixed-use

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