ONYX EQUITIES APPLAUDS NJ TRANSIT’S NEWARK PENN STATION REDEVELOPMENT PLANS

NEWARK, N.J., January 10, 2022—“The transformation at Gateway complements the vision that NJ Transit has circulated for its mission to revitalize the area around Newark Penn Station,” says John Saraceno, Jr. Co-Founder and Managing Principal for Onyx Equities.  “In our consultations with NJ Transit’s leadership and our neighbors, we have been inspired by the common interest and commitment that the property owners have to not just their own projects, but to the environment that welcomes visitors and residents to Newark’s front door.   It is an exciting time that will lead to a new era of street-level engagement that will characterize the city for a generation to come.”

About Onyx Equities, LLC

Headquartered in Woodbridge, New Jersey, Onyx Equities, LLC is a leading, full-service real estate firm specializing in investment, asset repositioning and ground-up development. Since its founding in 2004, Onyx has acquired more than $2.2 billion worth of real estate assets throughout New Jersey, New York, Pennsylvania and Connecticut. Onyx has executed over $230 million in capital improvement projects under its signature repositioning program.  Driving Onyx’s success is its loyalty to core geographic markets, a seasoned team of expertise in all facets of real estate, its adaptability to market conditions, and the experience gained from managing over 65 million square feet since inception. Throughout its portfolio, Onyx takes aim at increasing operational efficiency, tenant satisfaction and long-term value.  For more information contact the firm at 732-362-8800, or visit www.onyxequities.com.