Real Estate Journal — May 29 - June 11, 2015 — 3A
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
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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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)
Renovations & Additions
NYS Thruway Interchange
Turning Stone Resort Casino
Auction held in cooperation with New Discovery Real Estate LLC
400 Market Street, Suite 1250 Philadelphia, PA 19106 215.625.0099 1350 Connecticut Avenue NW, Suite 412 Washington, DC 20036 202.223.1941
Mid-Atlantic Real Estate Journal, 1/4 page, May 29 & June 12
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