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Factory Real Estate in Passaic Driving Manufacturing Comeback

  • Broadcast in Business
Live From Trenton

Live From Trenton

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The iconic factories of Passaic’s history are being modernized to be part of its present and future and the people at the forefront are a family of furniture makers that made New Jersey their home over 30 years ago and never looked back.

Shimon Einhorn emigrated from Israel to the United States in 1978 and opened a small custom cabinet shop in Downtown Manhattan.  Now, along with his sons Shamir and David, the Einhorn family, owners of Contempo Space, is embarking on building a new future for downtown Passaic with the construction of three businesses on a 12-acre property the family owns at 220 Passaic Street on the site of the old Okonite cable factory.

The property encompasses thousands of square feet of commercial space that the family is developing into a flagship showroom and store for their furniture business, a retail mall shopping center, a corporate event center with maximum capacity of 1,000 people and a plan to develop a hotel. 

We'll talk with Shamir Einhorn about this amitious project that could serve as a model for urban centers throughout the state when completed.

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