Real Estate Journal — May 29 - June 11, 2015 — 3A
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M id A tlantic
M id A tlantic R eal E state J ournal Showcases four repurposed historic school buildings Conifer presents at History& Historic Preservation Conf.
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ANOTHER SUCCESSFUL TRANSACTION $16,500,000 New Jersey Health Care Center SIZE: 94,556 SF CITY: ORADELL, NJ LENDER: LIFE COMPANY
M
t. Laurel, NJ — On June 4, 2015 Conifer LLC will
present a panel discussion at the 2015 History and His- toric Preservation Conference which will be held at The Hotel ML, 915 Rte. 73 Mount Laurel, NJ 08054. Conifer and their partners will showcase four public/private partnerships where they renovated historic school buildings and repur- posed them into affordable senior housing, keeping with the theme of this year’s Con- ference: “New Perspectives on the Past”. Since 2013, Conifer’s New Jersey office rehabilitated four different historic school build- ings: the Gregory School in Long Branch, the Springside School in Burlington Twp., the Lawnside Meadows Apart- ments in Lawnside and most recently completing the Duffy School in Florence, NJ. According to Sam Leone , vice president of development for Conifer, LLC, “Each proj- ect is unique and has its own set of challenges but, when we are finished we have success- fully saved another historic
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Springside School
construction jobs, and provide the opportunity for Seniors to remain in their community and continue to support the local business community. During the 3 – 4:25 pm panel discussion titled: Stu- dents to Seniors: Adapting New Jersey's Historic School Buildings, Leone will be join with members of each proj- ect’s team to explain how they collaborated their efforts to secure funding, incorporate continued on page 14A
structure that is significant to the community.” Leone adds, “The redevelop- ment of these schools in this manners allows these historic properties to continue to add value to the community. Their historic significance is pre- served, while providing a high quality living environment for our Seniors. The economic benefit goes beyond saving the structure and adding it to the tax rolls; these projects create hundreds of temporary
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ABSOLUTE AUCTION 30.66± ACRES Prime Development Land!!
ZONING: C-1 Commercial District: Entertain- ment & Tourism Zone 3 PERMITTED USES: Indoor/Outdoor Entertain- ment, Hotel, Motel, Retail Use, Shopping Center, Restaurant, Mixed Use Commercial LOCATION: Immediate vicinity of NYS Thruway (I-90) and NYS Thruway Exit 33 Interchange & The Turning Stone Resort & Casino Opening Bid: $1,000,000 (Previously Listed at $6,000,000) Saturday, June 27 @ 11am PROPERTY LOCATION: 5305 Willow Place, Verona, NY AUCTION LOCATION: Turning Stone Casino (Cedar Room)
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Mid-Atlantic Real Estate Journal, 1/4 page, May 29 & June 12
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