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Berger Organization Supports Bringing Casino Gambling to Newark

NEWARK, NJ—The Berger Organization owns a vacant parcel on Broad Street that it hopes to include in a large-scale development project that would encompass a casino hotel, convention center and multiple parking venues.

By Steve Lubetkin | Updated on October 17, 2016
Map of the site for The Berger Organization's proposed casino development in Newark, NJ Map of the site for The Berger Organization’s proposed casino development in Newark, NJ

NEWARK, NJ—Prominent Newark developer Miles Berger, chairman and COO of The Berger Organization, is promoting Newark as one of the northern New Jersey locations to consider for an expansion of casino gambling. The proposal will be on the ballot as a public question November 8. Berger has been encouraging a “yes” vote on November 8 with a digital billboard atop one of his buildings in downtown Newark and with a banner at a property he owns on Broad Street.

It’s the Broad Street property that The Berger Organization hopes to include in a large-scale development project that would encompass a casino hotel, convention center and multiple parking venues. The diversified real estate company owns and manages commercial and hospitality properties – including many sites in Newark – and the organization has been at the forefront of Newark’s downtown revitalization.

The vacant parcel on Broad Street is across the street from the Broad Street Station, (with rail service to Manhattan just 22 minutes away) and the site of Riverfront Stadium, the former home of the Newark Bears. Berger has been in talks with the new owner of the stadium property, the City of Newark, and several global casino owner/operators, who operate in Atlantic City and Las Vegas, about a venture in Newark. He sees the opportunity as a much-needed economic engine that would bring thousands of construction, casino and hospitality jobs to the region, and revenue to the state.

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