Economic Development

PATERSON, NJ – Mayor Andre Sayegh and New Jersey Community Development Corporation (NJCDC) CEO Bob Guarasci cut the ribbon on Paterson’s newest redeveloped park, Lou Costello Memorial Park, on Thursday.

With funds from the Community Development Block Grant, Alexandra’s Playground and the Passaic County Open Space, Farmland, and Historic Preservation Grant, the once derelict ...

PATERSON, NJ– Mayor Andre Sayegh joined Procida Funding and partner Asset Realty in unveiling design plans for a proposed new $40 million 127 apartment mixed-use redevelopment project named Great Falls Lofts at 468 Totowa Avenue on Wednesday.

Procida Funding has financed and overseen the development and redevelopment of over $60 million worth of real estate projects in Paterson over the ...

PATERSON, NJ – Mayor Andre Sayegh provided an update on the City’s restoration plans for Hinchliffe Stadium on Monday. After lying vacant for 24 years, the historic stadium is coming back to life through the support of local and state leaders, officials said.

“Today marks the one year anniversary of the groundbreaking here at the historic Hinchliffe Stadium,” ...

PATERSON, NJ – Mayor Andre Sayegh and Economic Development Director Michael Powell announced on Wednesday a new initiative to support clean commercial corridors in Paterson.

The City will partner with Wells Cleaning, a local small business, to clean commercial corridors like Union Avenue, Main Street and 21st Avenue.

“Cleanliness is the top of our agenda,” Sayegh said.