ROI Influencers: Real Estate 2022
John Saraceno; Jonathan Schultz
Co-founders
Onyx Equities
Owning, operating, reenvisioning and reinvigorating three of the four buildings that make up Gateway Center in the heart of Newark might be enough to put Onyx high on the list — as it profoundly demonstrates the firm’s all-in bet on suburban office. Here’s the thing: Gateway is one of multiple projects the firm is working on. Here are two others: It is recreating Summit East, a 640,000-square-foot, 11-building office campus that features two newly modernized Class A, LEED-certified buildings interconnected by two enclosed pedestrian bridges; and it is working with Russo Development to spearhead a project that will reshape New Jersey Transit’s busy Metropark station in Woodbridge.
A look at the honorees: