On Friday, real estate investment and management firm Onyx Equities announced the launch of its residential division Onyx Living with two ground-up apartment buildings, totaling 99 apartment homes, which are currently under construction in Ridgewood.
The developments include Ridgewood Station Luxury Apartments and The Enclave at Ridgewood.
Ridgewood Station Luxury Apartments is adjacent to the town’s train station at 1 Franklin Ave., with plans calling for 60 one- and two-bedroom units ranging from 676 to 1,742 square feet. Delivery is slated for mid-2020, Onyx said. The company also touted 7,000 square feet of street-level retail space and the fact that several top floor homes will offer private terraces.
The Enclave at Ridgewood is located on the block of North Maple Avenue between East Ridgewood Avenue and Franklin Avenue. It will offer 39 one- and two- bedroom units ranging in size from 730 to 1,398 square feet. One top floor unit offers an expansive outdoor terrace and several units will offer Juliet balconies. Delivery of the Enclave is estimated to be December 2020.
Amenity packages are robust at both projects and will include on-site parking, controlled access, a fitness center, resident lounge with Wi-Fi, climate-controlled storage, package delivery lockers, specialized bike storage, and a common area, roof top amenity. Both communities are pet-friendly and will also offer a pet spa.
Ridgewood’s downtown boasts national retailers, specialized boutiques, a variety of great dining and drinking options, upscale supermarkets including Whole Foods and Kings, a movie theater, and a downtown park.
The Onyx-Living team is headed by John Saraceno Jr., and managed by Onyx’s Vice President of Construction Paula Pangilinan. The team includes, Marla Posey of Spark Multifamily Consulting, Minno Wasko Architects & Planners, and Three17 Construction.