When Ron Beit wanted to build a residential development from the ground up in Newark,
all he heard was that it couldn’t work.
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Forbes: From 'Dead Zone' To Teachers Village
But Beit saw an opportunity to confront a major problem in Newark: only a small fraction of teachers can afford to live close to the schools they work in. Reflecting on his motivations, Beit says, “I knew this was the future. I knew people were wrong about this city.” A year after its completion, Beit’s success with Teachers Village is an inspiring perspective for community-focused investments in Opportunity Zones.