In 1888, the residence known as the Krueger-Scott mansion was built, it is rumored, to rival the home of fellow beer baron Peter Ballantine (whose mansion still stands as a house museum adjacent to the Newark Museum of Art). The home changed hands several times over the decades, most notably to Madame Louise Scott, New Jersey’s first African American millionaire, who founded a beauty school in the four-story building.
Today, the building has been reimagined as an elegant, architecturally rich, coworking space. Avi Teylas, developer and founder of Makerhoods, has renovated the space to marry architectural grandeur with modern needs. The restored mansion features a three-story rotunda with a skylight; ornate, original millwork; mosaic tile, period wallpaper and inlaid wood floors. The main floor offers private office space and shared coworking areas. Supporting the building’s entrepreneurial past, Teylas’s design for the Krueger-Scott manse has space for art exhibits, educational workshops and community programing.
In addition to the $10 million mansion renovation, the project also encompasses a newly built adjacent location that houses 16 live/work spaces for entrepreneurs—makers—and will include mentoring, a retail shop and low-rate financing. The $2,500-a-month spaces are already filling up with makers like Undra Duncan, the creative director for Undra Celeste, whose line of dresses is now sold at Saks Fifth Avenue.
For more information, reach out to Carissa Borraggine at Compass Realty: 201-532-2762.
No one knows New Jersey like we do. Sign up for one of our free newsletters here. Want a print magazine mailed to you? Purchase an issue from our online store.