Star Ledger: Proposed Newark high-rise would become city’s tallest building

Star Ledger: Proposed Newark high-rise would become city’s tallest building

Carl Dranoff, the Philadelphia developer who unveiled plans in January 2008 for a 28-story luxury apartment high-rise across from the New Jersey Performing Arts Center, now pegs his new Two Center Street at 44 stories — still far short of the state mantle but enough to overtake the circa 1931 National Newark Building at 744 Broad St. as Newark’s tallest building.

“It will become a transformational project,” Dranoff said of the $190 million project. “We expect it will have an enormous impact. We’ve seen this in other cities where we build a big anchor project. Usually, others follow. We sort of have the play-books to make it happen.”

Site plans for the milestone project note that Two Center Street’s 44 floors, topping off at 482 feet, 2 inches beats National Newark Building’s 465 feet by 17 feet, 2 inches.

“Redefining Newark’s Skyline” reads the plug on the company’s online portal, where the developer touts its location across from NJPAC and near historic Military Park and the new light-rail line.

Author: Ken Walker

Husband, Father, Newarker, PCA Elder, Business Analyst. In a glass case of emotion since 1978.

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