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In the News> National Study Ranked Nearly 8,000 Opportunity Zone Tracts in 2 categories: Newark had one in Top 10 of both

By Ted Zangari on December 13, 2018
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As seen on: ROI-NJ.com
By Tom Bergeron

The city of Newark has one of the top locations in the country for investors looking to take advantage of the new Opportunity Zone Program, according to a national study released Thursday morning.

The LOCUS National Opportunity Zone Ranking Report ranked a census tract in downtown Newark in a tie for sixth place among the top Opportunity Zones for Smart Growth Potential, in a ranking of nearly 8,000 tracts.

In addition, a tract in Newark ranked fourth overall in locations deemed to be the top Social Equity and Vulnerable Places with High Smart Growth Potential, meaning the city not only could handle the investment, it would do so without hurting the existing population.

> Link to Full Article on ROI-NJ.com

Photo of Ted Zangari Ted Zangari

Ted Zangari is a Member of Sills Cummis & Gross and is a Chair of the Firm’s Real Estate Department.  Mr. Zangari also chairs the Firm’s Government Relations and Public Policy Practice and its Redevelopment Law Practice.

Read more about Ted ZangariEmail
  • Posted in:
    Administrative, Real Estate & Construction
  • Blog:
    Federal Opportunity Zones
  • Organization:
    Sills Cummis & Gross P.C.
  • Article: View Original Source

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