"Carl Dranoff is a true craftsman. His passion and persistence for delivering residential communities at the highest level of quality and service is what attracted me to purchase his impeccable apartment portfolio. We are honored to become stewards of these assets for the next generation."

Terry Considine// Chairman/CEO, AIMCO
“The Best Developers Top Project of 2018: Dranoff Properties, One Theater Square, Newark, NJ”
Mid Atlantic Real Estate Journal, 03/29/2019

Completed in 2018, One Theater Square is Newark’s first residential high rise in 55 years. The iconic 22-story brick and glass tower has become a decisive symbol of Newark’s revival and an example of a successful private/non-profit collaboration.