Across the Hudson River from New York City, the U.S.' next tech hub is booming. Newark, New Jersey, is a finalist for Amazon HQ2 and already home to several major tech companies, like Audible. Once a mecca for the telecommunications industry, Newark was where companies like AT&T pioneered inventions like the fax machine and synchronized pictures and audio. After a period of decline, the city is being reborn as a live-work-play destination, with some labeling it the next Silicon Valley.
A growing supply of office space has fueled the tech sector's interest in Newark. At 2 Gateway Center, office tenants have access to world-class office amenities and direct access to public transportation at Newark Penn Station. Throughout the space, reliable, high-speed internet connectivity meets the demand of growing tech startups.
Think you know Newark? Take this quiz to test your knowledge. Click here to learn more about 2 Gateway.
1
How long does it take to travel from Newark to Downtown Manhattan by train?
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Less than 25 minutes away from New York City Penn Station via NJTRANSIT, Newark checks the boxes of many New York residents looking to work closer to home. As MTA transit lines continue to deteriorate, commuting to New Jersey offers a reliable, quick and consistent trip to the office. At 2 Gateway Center, office tenants can use a pathway that connects Newark Penn Station to the office building, creating a seamless transition from train station to office tower. Many New Yorkers have turned their commute into a one-way trip, renting apartments in Newark.
YOU'RE WRONG!
Less than 25 minutes away from New York City Penn Station via NJTRANSIT, Newark checks the boxes of many New York residents looking to work closer to home. As MTA transit lines continue to deteriorate, commuting to New Jersey offers a reliable, quick and consistent trip to the office. At 2 Gateway Center, office tenants can use a pathway that connects Newark Penn Station to the office building, creating a seamless transition from train station to office tower. Many New Yorkers have turned their commute into a one-way trip, renting apartments in Newark.
2
How fast is Newark Fiber’s broadband network?
YOU'RE CORRECT!
Rooted in the digital economy, tech companies demand office space with access to fast and reliable internet connection. In Newark, miles of underground fiber optic cables are left from the city’s past as a telecommunication hub. This creates an unprecedented environment for fast internet service. Newark Fiber, a public-private partnership promoting the expansion of net neutral wireless access for buildings and public spaces, offers network speeds of up to 10 gigabits per second.
Compared to New Jersey’s average broadband speed of 40.4 megabits per second, Newark Fiber offers the speed and reliability needed to support the fast-paced world of technology and information.
YOU'RE WRONG!
Rooted in the digital economy, tech companies demand office space with access to fast and reliable internet connection. In Newark, miles of underground fiber optic cables are left from the city’s past as a telecommunication hub. This creates an unprecedented environment for fast internet service. Newark Fiber, a public-private partnership promoting the expansion of net neutral wireless access for buildings and public spaces, offers network speeds of up to 10 gigabits per second.
Compared to New Jersey’s average broadband speed of 40.4 megabits per second, Newark Fiber offers the speed and reliability needed to support the fast-paced world of technology and information.
3
Which Newark office development was the first in New Jersey to receive a Wired Certified Platinum designation?
YOU'RE CORRECT!
At 2 Gateway Center, which was also the first building to adopt Newark Fiber, tech workers can take advantage of strong, reliable digital infrastructure. The 2.6M SF office was the first building in New Jersey to be Wired Certified Platinum, signaling to potential tenants its viability as a tech-centric workplace. The property was also the first to adopt Newark Fiber in 2016.
YOU'RE WRONG!
At 2 Gateway Center, which was also the first building to adopt Newark Fiber, tech workers can take advantage of strong, reliable digital infrastructure. The 2.6M SF office was the first building in New Jersey to be Wired Certified Platinum, signaling to potential tenants its viability as a tech-centric workplace. The property was also the first to adopt Newark Fiber in 2016.
4
Which tech company plans to turn a historic Newark church into its new office space?
YOU'RE CORRECT!
Newark offers a large inventory of Class-B and C buildings. These spaces can be renovated to provide the warehouse and loft spaces that have come to define working for a tech company or startup. Some companies have looked to set up shop in less traditional locations.
Audible, the audiobook arm of Amazon, announced in 2016 that it would expand its Newark office holdings by renovating the vacant Second Presbyterian Church on Washington Street, as well as two adjacent buildings on James Street. Audible plans to use the site to house an engineering and development hub that would create approximately 350 jobs and help keep 50 existing positions in Newark.
YOU'RE WRONG!
Newark offers a large inventory of Class-B and C buildings. These spaces can be renovated to provide the warehouse and loft spaces that have come to define working for a tech company or startup. Some companies have looked to set up shop in less traditional locations.
Audible, the audiobook arm of Amazon, announced in 2016 that it would expand its Newark office holdings by renovating the vacant Second Presbyterian Church on Washington Street, as well as two adjacent buildings on James Street. Audible plans to use the site to house an engineering and development hub that would create approximately 350 jobs and help keep 50 existing positions in Newark.
5
Newark was home to which of the following telecommunication companies’ original HQ?
AT&T Bell Telephone Laboratories
YOU'RE CORRECT!
Newark was ground zero for several of the 20th century’s most innovative telecommunication companies. Major advancements in electricity, computing and the arts came out of New Jersey between the mid-1800s and 1900s. Thomas Edison opened a factory in Newark in 1867, forming what would later become Con Edison. The former AT&T Bell Telephone Laboratories opened its Garden State facility in the first half of the 20th century, creating the first fax and laying the groundwork for digital processing and synchronizing moving pictures and audio.
YOU'RE WRONG!
Newark was ground zero for several of the 20th century’s most innovative telecommunication companies. Major advancements in electricity, computing and the arts came out of New Jersey between the mid-1800s and 1900s. Thomas Edison opened a factory in Newark in 1867, forming what would later become Con Edison. The former AT&T Bell Telephone Laboratories opened its Garden State facility in the first half of the 20th century, creating the first fax and laying the groundwork for digital processing and synchronizing moving pictures and audio.
6
What percentage of office demand in northern and central New Jersey come from information and technology firms?
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In digital industries like technology, communications, media, software, finance and professional services, productivity grew 2.7% annually over the past 15 years. Growth has led companies to take up more office space as they expand their workforces. The demand for office space has tech companies moving beyond established hubs like Silicon Valley. In northern and central New Jersey, over 19% of office demand comes from companies in the information and technology sector, according to a JLL report.
YOU'RE WRONG!
In digital industries like technology, communications, media, software, finance and professional services, productivity grew 2.7% annually over the past 15 years. Growth has led companies to take up more office space as they expand their workforces. The demand for office space has tech companies moving beyond established hubs like Silicon Valley. In northern and central New Jersey, over 19% of office demand comes from companies in the information and technology sector, according to a JLL report.
7
How much money has Newark invested in supporting tech startups?
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The city of Newark is actively seeking to attract technology and information companies. A finalist for Amazon’s HQ2, Newark announced it would offer $7B in state tax breaks should Amazon choose to go there. Rather than just draw companies to the city, local officials are also developing homegrown talent. Former Newark Mayor and current Sen. Cory Booker helped create Newark Venture Partners, a $50M accelerator fund for tech startups.
At 2 Gateway Center, =Space features membership-based desk reservations, meeting areas and private conference rooms. Rather than just serve as an affordable workplace, the 24/7, 2K SF facility also functions as an incubator, offering resources and coaching for emerging startups.
YOU'RE WRONG!
The city of Newark is actively seeking to attract technology and information companies. A finalist for Amazon’s HQ2, Newark announced it would offer $7B in state tax breaks should Amazon choose to go there. Rather than just draw companies to the city, local officials are also developing homegrown talent. Former Newark Mayor and current Sen. Cory Booker helped create Newark Venture Partners, a $50M accelerator fund for tech startups.
At 2 Gateway Center, =Space features membership-based desk reservations, meeting areas and private conference rooms. Rather than just serve as an affordable workplace, the 24/7, 2K SF facility also functions as an incubator, offering resources and coaching for emerging startups.
8
How many college students and faculty call Newark home?
YOU'RE CORRECT!
Newark is home to 60,000 students and faculty spread across six colleges and universities. The city has the fifth-highest concentration of higher education on the East Coast, after Boston, New York City, Philadelphia and Washington, D.C., creating an opportunity for a college-to-tech-firm pipeline.
YOU'RE WRONG!
Newark is home to 60,000 students and faculty spread across six colleges and universities. The city has the fifth-highest concentration of higher education on the East Coast, after Boston, New York City, Philadelphia and Washington, D.C., creating an opportunity for a college-to-tech-firm pipeline.
9
What is the name of Newark’s major arts and cultural venue?
The New Jersey Performing Arts Center
The Newark Performing Arts Center
The Edison Center For The Arts
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At the New Jersey Performing Arts Center, visitors can take in a world-class ballet or the smooth sounds of a jazz ensemble. In the 1990s, NJPAC was constructed to be the Garden State’s version of Lincoln Center. The construction of the 2,600-seat hall also came with a larger goal to attract suburban residents to the urban core. Now, the performance venue draws visitors from around the tri-state area, as well as nearby office workers in Downtown Newark.
YOU'RE WRONG!
At the New Jersey Performing Arts Center, visitors can take in a world-class ballet or the smooth sounds of a jazz ensemble. In the 1990s, NJPAC was constructed to be the Garden State’s version of Lincoln Center. The construction of the 2,600-seat hall also came with a larger goal to attract suburban residents to the urban core. Now, the performance venue draws visitors from around the tri-state area, as well as nearby office workers in Downtown Newark.
10
What is the seating capacity of the Newark Prudential Center?
YOU'RE CORRECT!
The Newark Prudential Center is a professional sports arena with a 19,500-seat capacity. Home to the New Jersey Devils, a National Hockey League franchise, the Prudential Center opened in 2007 and also hosts Seton Hall Pirates men's basketball games, in addition to concerts from well-known musicians like Taylor Swift and Paul Simon. Fans and sports writers have affectionately nicknamed the arena "The Rock" in reference to the Rock of Gibraltar, the corporate logo of Prudential Financial. It is also among the top 10 grossing arenas in the world.
The Prudential Center was built to serve as a catalyst for development in the Downtown area, prompting developers to create hotels, retail and multifamily to support the population of spectators and residents. Mulberry Commons, the latest project in the pipeline, will bring new residences, businesses, a park and a pedestrian bridge linking Downtown Newark to Penn Station.
YOU'RE WRONG!
The Newark Prudential Center is a professional sports arena with a 19,500-seat capacity. Home to the New Jersey Devils, a National Hockey League franchise, the Prudential Center opened in 2007 and also hosts Seton Hall Pirates men's basketball games, in addition to concerts from well-known musicians like Taylor Swift and Paul Simon. Fans and sports writers have affectionately nicknamed the arena "The Rock" in reference to the Rock of Gibraltar, the corporate logo of Prudential Financial. It is also among the top 10 grossing arenas in the world.
The Prudential Center was built to serve as a catalyst for development in the Downtown area, prompting developers to create hotels, retail and multifamily to support the population of spectators and residents. Mulberry Commons, the latest project in the pipeline, will bring new residences, businesses, a park and a pedestrian bridge linking Downtown Newark to Penn Station.
11
How many public institutions of higher learning call Newark home?
YOU'RE CORRECT!
Nestled in University Heights, the New Jersey Institute of Technology, Rutgers’ Newark campus, the University of Medicine and Dentistry of New Jersey and Essex County College comprise Newark’s public institutions of higher learning. Over 30,000 undergraduate, graduate and professional students attend classes across the four institutions. Newark has the fifth-highest concentration of higher education on the East Coast, after Boston, New York City, Philadelphia and Washington, D.C.
YOU'RE WRONG!
Nestled in University Heights, the New Jersey Institute of Technology, Rutgers’ Newark campus, the University of Medicine and Dentistry of New Jersey and Essex County College comprise Newark’s public institutions of higher learning. Over 30,000 undergraduate, graduate and professional students attend classes across the four institutions. Newark has the fifth-highest concentration of higher education on the East Coast, after Boston, New York City, Philadelphia and Washington, D.C.
