New Era Partners with The Hamdan Group ANH Management for Groundbreaking $50 Million Development Project

Motaz Housheya • Mar 20, 2024

New Era Partners with Hamdan Group ANH Management for Groundbreaking $50 Million Development Project

Paterson, NJ



New Era is proud to announce its partnership with the Hamdan Group Property Management in the groundbreaking $50 million development project on Pennsylvania Avenue. Mayor Andre Sayegh, alongside Abdul Hamdan and Murat Agirnasli of 319 Penn Development, broke ground on this transformative endeavor aimed at revitalizing the local area with retail space and luxury housing.


With a commitment to progress, Mayor Sayegh emphasized the significance of this project in positioning Paterson for economic growth. He noted the remarkable reduction in abandoned properties from 1,200 to fewer than 400, showcasing the city's dedication to revitalization efforts.


Abdul Hamdan and Murat Agirnasli echoed the mayor's sentiments, expressing excitement about the project's potential to attract new businesses and residents to the area. Hamdan emphasized the project's contribution to bringing new life to the city, while Agirnasli highlighted its positive impact on society.


The development project will feature 300 parking spaces and 171 apartments, marking the beginning of a series of initiatives aimed at enhancing the city's landscape. New Era is honored to be part of this transformative journey, working alongside the Hamdan Group to build not only a property but also a community hub that fosters growth and prosperity.


As New Era continues to spearhead innovative marketing and website development solutions, this partnership exemplifies our commitment to driving positive change and economic development in the vibrant city of Paterson. Stay tuned for further updates on this exciting venture as we work together to shape a brighter future for the community.


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