KS Group

KS Group is a Newark-based real estate development firm focused on large residential and mixed-use projects in northern New Jersey. The company is developing Summit Tower, a 41-story high-rise on Market Street that will become the tallest residential building in Newark, with 514 apartments and a 20 percent affordable set-aside. KS Group works on urban infill sites near transit, and Summit Tower sits within walking distance of Newark Penn Station and the Prudential Center. The firm carried the project through years of approvals and litigation to break ground.

KS Group is a Newark-based real estate firm built around acquiring and developing income-producing property, mostly multifamily and mixed-use, in high-growth markets, with a value-add approach to undervalued assets in emerging neighborhoods. Headquartered at 260 Broadway, the company has spent years building relationships with Newark officials and community leaders, and its portfolio includes residential towers and medical office space in the city.

Its signature project is Summit Tower at 200-208 Market Street: a 41-story, 514-unit high-rise, roughly 20 percent of it reserved for affordable housing, that will become Newark’s tallest residential building. KS Group carried the project through years of zoning approvals and litigation before breaking ground, and the site sits within a short walk of Newark Penn Station and the Prudential Center. The firm handles acquisition, development, and long-term management of the assets it owns.