URBAN EFFORT: As more towns embrace need for development, builders see opportunity for new hot spots on rail lines

31, January 2017

jonathan schwartz, the green at bloomfield, nj biz, real estate development, urban

Jonathan Schwartz, principal, BNE Real Estate Group, at The Green at Bloomfield (PHOTO BY AARON HOUSTON)

via NJBiz — Jonathan Schwartz thinks back to roughly four years ago, when BNE Real Estate Group took the lead in a mixed-use redevelopment project in downtown Bloomfield. He knew then what he knows now — there was plenty to like about the rail-served location.

“It’s generally 30 minutes into Manhattan and (there’s) a lot of walkability,” said Schwartz, a principal with the Livingston-based development firm. “So, although most people in the suburban-urban towns like Bloomfield still have cars, you can still walk out of our project and walk to a hundred different restaurants, bars, stores, a variety store, diner — whatever it may be.

“That’s what attracted us to the area.”