A lottery will be held today for residents who submitted an application for one of 24 affordable units in the new luxury apartment building that is nearly completed across the street from the New Jersey Performing Arts Center in Newark
Newark Mayor Ras J. Baraka will be joined by Dranoff Properties representative, David Smith, and Piazza & Associates representative, Frank Piazza, at a 5 p.m. drawing in the City Hall Press Room at 920 Broad Street.
The lucky 24 winners will get an affordable studio or one-bedroom rental apartment in the 22-story skyscraper known as One Theater Square, the city's first high rise to be built in more than 50 years. The units feature feature modern chef’s kitchens, hardwood floors, over-sized windows with spectacular views of Military Park, NJPAC, and downtown Newark.
The building's amenities include a 24/7 concierge, fitness center, an attended three-story 285-car garage with dedicated bicycle storage, and 12,000 square feet of high-end shops and restaurants planned for the ground level, along with a neighborhood police substation.
The drawing will be from applications that were submitted on or before July 13, 2018.