This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Teachers Village Opens First Two Buildings In Downtown Newark; Three Schools Up And Running, With Retail & Apartments To Follow

Eighteen months after breaking ground on Teachers Village, the mixed-use development featuring new school buildings, housing for educators, street-level retail and a complete transformation of a large swath of Newark’s downtown, developer RBH Group has delivered and officially opened the first two buildings.

Having transformed empty parking lots into school buildings impeccably designed to foster education, RBH celebrated the official opening of the first portion of Teachers Village today with speeches by Gov. Chris Christie; Newark Mayor Cory Booker; CEO of Goldman Sachs Bank USA, Esta Stecher; and Prudential CEO John Strangfeld. Ron Beit, founder and CEO of RBH Group, welcomed the speakers and other dignitaries in attendance, and served as master of ceremonies.

In keeping with Teachers Village’s theme of live-work-play for students and educators, RBH hosted a students’ festival, where students engaged in performance art, learned about the design and construction of school buildings from the project’s architects and builders, and played some spirited basketball.

“They say it takes an entire village to raise a child,” Beit said after the event. “At Teachers Village, we know it takes a wide, deep partnership to build a new village that will successfully raise many children. Without the help of the schools themselves, the city, county and state governments, the general public, our financial partners and investors, and our designers, engineers, architects and builders, this project would not have gotten done. We are grateful beyond words to every group and individual that contributed to the effort. We all have invested a lot, and Newark is about to reap the rewards of that investment.

“Eighteen months ago, this was a vacant parking lot. Today, two brand new buildings house three schools and a day-care center, which are already infusing the area with vitality and energy. Today, you see three new housing sites under construction and over the next few months you will see over 200 units of workforce housing for Newark-based teachers. And we are well underway in bringing in exciting retail options to support the students, teachers, staff, parents and the overall Newark community who are breathing life back into this neighborhood.”

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs