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Posted by: Javonni Brustow Category: Business Comments: 0 Post Date: February 23, 2019

Queen Latifah is Planning a $14 Million Housing Complex in Her Hometown of Newark, NJ


Photo Credit: BlueSugar Corp./GonSosa Development

Queen Latifah is helping to give back to her hometown of Newark, NJ by planning a $14 million housing complex there. The project will consist of 76 residential units with 20 three-family townhomes — market-rate rentals — plus 16 affordable housing, a fitness center, 1,900 square feet of retail space to be rented to non-profits, all breaking ground this summer. The townhomes will be renting at a starting price of $1,800 and have an expected opening of December 2020. The mixed use building will open in 2021.

When you think of Queen Latifah, you might not think of real estate but she’s already conquered rap and Hollywood, so why not? She’s currently serving as co-president of the developer BlueSugar Corporation which is teaming up with Roselle Park-based GonSosa Development on the project to be located at Springfield Avenue and South 17th Street.

As for celebrities in real estate, she certainly wouldn’t be the first. Jennifer Lopez’ fiance A-Rod is in his 11th year of having his own construction company. Today he manages over 13,000 units in 10 states and in her own hometown of Newark, Shaquille O’Neal announced a $79 million 22 story highrise downtown.


Photo Credit: BlueSugar Corp./GonSosa Development

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