The Planning Board Tuesday night authorized its attorney to answer an appeal filed by an objector to the Dornoch II Rahway application, a 208-unit project along Main Street between Monroe and Poplar streets.
A two-building complex that’s expected to physically transform the center of downtown received unanimous preliminary and final site plan approval from the Planning Board earlier this year. Main & Monroe plans to extend Monroe Street, cutting Lot B and creating a new public street downtown.
Four properties once owned by the defunct developer, Dornoch, have been snapped up by another developer who has become active with projects in downtown Rahway.
The Redevelopment Agency approved a 2014 budget at its April 2 meeting, with revenues of $1.45 million and appropriations of $1.225 million. The agency introduced the budget in November but was awaiting state review. Continue reading Redevelopment Agency budget adopted
The City Council next month will consider the fourth Payment In Lieu Of Taxes (PILOT) in the last two years, this time for the largest project and the longest program yet.
A Main Street property that was among more than a half-dozen properties acquired years ago by developer Dornoch Holdings won a tax appeal, knocking about 17 percent off the tax bill for 2012 and a 6-percent reduction in the assessment.
The property at 1501 Main St. (Block 320, Lot 12) had an overall property tax bill of almost $14,700 last year. The assessment for 2013 was $229,700 and reduced by about 6.3 percent to $215,100, according to property records.
The City Council authorized a credit of $2,505.79 due to a judgment of the Continue reading Dornoch property wins tax appeal for 2012