Penn Plaza East Explained

Penn Plaza East
Location:Raymond Boulevard
Newark, New Jersey
Completion Date:1992
Building Type:Office
Floor Count:12/14
Main Contractor:p
Owner:Hartz Mountain
References:[1] [2]
3 Penn Plaza East
Location:Raymond Boulevard
Newark, New Jersey
Completion Date:1992
Building Type:Office
Floor Count:17/21
Owner:Horizon Blue Cross Blue Shield of New Jersey
References:[3] [4] [5]

Penn Plaza East is an office building complex located near Penn Station in Newark, New Jersey. Fronting Raymond Boulevard on the banks of the Passaic River, the two office building complex were constructed during a period in the late 1980s and early 1990s when they and numerous postmodern skyscrapers were built near the station and Gateway Center. While others went up between the station and traditional Downtown Newark, Penn Plaza East is on the Ironbound, or east, side of the major transportation hub.[6] The two towers sit above a four-story parking facility and lobby that joins them. An additional parking area in the shadow of the Dock Bridge will be developed as part of Newark Riverfront Park, a promenade along the banks of the Passaic River.[7] [8]

Originally developed and owned by Hartz Mountain Industries,[1] one building was later acquired by Horizon Blue Cross Blue Shield of New Jersey.[9] [10] In February 2023 NJ Transit, which long had its headquarters had acquired Penn Plaza 1 in 2022, announced it would relocate its to the nearby Gateway II building.[11] [12]

See also

References

40.7347°N -74.1642°W

Notes and References

  1. Web site: Our Major Developments . 2010-08-16 . dead . https://web.archive.org/web/20100608110909/http://www.hartzmountain.com/developments/index.htm . 2010-06-08 . Hartz Mountain.
  2. Web site: New Jersey Transit Headquarters . Emporis . dead . https://web.archive.org/web/20121026014349/http://www.emporis.com/building/newjerseytransitheadquarters-newark-nj-usa . 2012-10-26.
  3. Web site: Blue Cross Blue Shield of New Jersey Headquarters . Emporis . dead . https://web.archive.org/web/20121026014406/http://www.emporis.com/building/three-penn-plaza-east-newark-nj-usa . 2012-10-26.
  4. Web site: 3 Penn Plaza East. SkyscraperPage.com .
  5. Web site: Three Penn Plaza East . The Skyscraper Center.
  6. Web site: Collins, Glenn. Newark's Unsung Delights. The New York Times. 1991-03-29. 2020-06-25. The Ironbound, [...] Head out the Raymond Plaza East exit.
  7. Web site: 2010-01-04 . Draft Proposal: Newark Riverfront Development Framework . Friends of Newark Riverfront.
  8. News: Chamberlain . Lisa . A New Newark Moves Closer to Reality . The New York Times . 2006-03-01.
  9. News: Lee . Evelyn . 2010-05-14 . Horizon Blue Cross buys headquarters building in Newark . www.njbiz.com . dead . https://web.archive.org/web/20100520013845/http://www.njbiz.com/article-multiple/81805-horizon-blue-cross-buys-headquarters-building-in-newark . 2010-05-20.
  10. Web site: Garbarine, Rachel. As Old Offices Languish, the New in Newark Lease. The New York Times. 1996-11-17.
  11. News: Higgs . Larry . 2023-02-09 . NJ Transit plans to move into new headquarters, but will remain in Newark . NJ.com . 2023-12-20.
  12. News: Gallotto . Tony . 2023-02-12 . NJ Transit hopes to Lease Snazzy New Headquarters in Newark . TAPintoNewark . 2023-12-20.