News from Trenton Lofts
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August 2006 Trenton Lofts Newsletter
Real Estate, Arts & Politics
Dear Dan,

Here's what I'm covering this month:
  • Broad Street Bank
  • Mill Hill Apartment
  • Lee Overall Building
  • Artist Salon
Lee Overall Building
    Train to New York
Nexus Properties is starting to market a loft project across the street from the Trenton Train Station. This is a big building with industrial windows that will have a decidedly lofty feel. Nexus has done other projects in Trenton both commercial and residential. It's most notable residential undertaking was the recent Park Place development nearby in Mill Hill.

The Lee building is a little off the beaten track but is literally one block from the train station and has easy access to New York and Philly.

Interview with Rich Tola
Dan Dodson   Expanding in to New Jersey
We’re adding a new editorial feature at trentonlofts.com. Every month (or at least most months) I’m going to interview a different Trenton developer and tell their story. My theory is that as trentonlofts buyers and renters hone in on their perfect loft, they’ll want to be able to know and share a little bit of the developer’s vision.

I’m proud to bring you the story of West End Capital Partners and their first foray into Trenton.

Pay to Play
Dan Dodson   Cleaning up Trenton's city government
Many of you received a plea for help in completing a petition to get an anti-pay to play initiative on November's ballot. I've not heard from as many people as I'd hoped.

I do apologize for sounding preachy about local politics, but we get the government we vote for. I, for one, insist that Trentonians get involved in making our government better. This could be a great place to live if we could find a way get our politics out of the hands of out of town companies that don't have our best interests at heart.

Trenton's had only three mayors in the last 50 years and as a result our city is stagnated. Mayor Palmer doesn't even realize how bad a job he's doing. Limiting Pay to Play will make it easier for fresh blood to get into city hall and deal with our crime, tax and vacant building problems.

Trenton Artist's Salon
   

World renowned photographer and Trenton resident Jon Naar has organized an artists salon which brings together what he calls "handworkers" of all disciplines. The group meets on Saturday mornings at 10:30 in Cafe Ole. At the sessions one artists each week shares his or her work and others are invited to bring work to the meeting.

I've been to two of the meetings (as an arts patron) and this seems like the real deal. Around 25 artists show up and share their projects, news and usually brunch. One goal is to create a Trenton Arts Scene that builds on its own energy and talent.

All Trenton area artists are welcome. You can get on their email list by sending a note to Leon Rainbow leon@leonrainbow.com or Jon Naar jonnaar@comcast.net

Mill Hill Apartment
    324 S. Broad St.
We've got a nice one bedroom available at 324 S. Broad. It's in the process of being fixed up and will have a new kitchen to go with the classic turn of the century architecture and charm. 324 is walking distance to the Trenton train station, downtown and best of all, Mill Hill Saloon.
Downtown 2BR
    6 Peace St. #2
The 2 BR unit at 6 Peace St. is available. It's in the middle of downtown near the Marriott Hotel, Cafe Ole, Patriots Theater, Passage Theater and all of the NJ State buildings.

Though the building was recently renovated, we're adding some new upgrades.

Broad St. Bank
    Discussion with the Developer
I've gotten some news on The Broad St. Bank building. I recently talked to Victoria Libby about the project and she tells me that progress is fast and furious. She also invited me to tour the building on Monday which I sadly had to turn down.

The problem with the rental applications has to do with regulations concerning the portion of the building that will be reserved for affordable housing. It turns out that affordable housing units can't be marketed more than four months before project completion. It affects the rest of us because market rate units can't be marketed before the affordable units. Victoria assures me that rental applications will be coming soon.

 

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Trenton Lofts | 507 Grand St. | #2H | Trenton | NJ | 08611