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EAST ORANGE, NJ-The 14-story residential building overlooking the Garden State Parkway had been vacant for some time, falling victim to vandals and to general disrepair. But a $20-million redevelopment effort launched by the Irvington, NJ-based GLC Group is in the process of turning 60 Parkway Dr. into an upscale condominium community.

"It's a complete transformation of the property," says Mark Caller, principal of GLC. "It's taking what had been a tremendous drag on the city and converting it to something really exciting for the city and Essex County."

GLC had assumed control of the building more than a year ago after buying it in a tax lien sale, and after it had been vacated by the city. For many years a well-maintained apartment complex, it had become "severely neglected and an eyesore," according to Caller. City officials had shut off the building's utilities and considered tearing it down before GLC came forward with its redevelopment plans.