Neutral’s first project, Bakers Place, opened on South Paterson Street in May 2025.
In a February 2024 Isthmus cover story, Nathan Helbach, the then 25-year-old CEO of up-and-coming real estate firm Neutral, acknowledged that the firm’s goal — to construct mixed-use residential buildings using mass timber and other low-carbon materials — would come with some financial risk.
“We feel that it’s only feasible if we get really good at it,” Helbach said…