The developer of the former Wheatena property has secured a $31-million loan for the first phase of the 487-unit development, according to a report in Multi-Housing News.
Continue reading Brownstones developer secures phase one loan
The developer of the former Wheatena property has secured a $31-million loan for the first phase of the 487-unit development, according to a report in Multi-Housing News.
Continue reading Brownstones developer secures phase one loan
City Council approved a deferred payment schedule on water and sewer connection fees for the first phase of the Meridia Brownstones development. Continue reading Sewer, water fees set for Brownstones project
Two of the largest property sales downtown have occurred in the past year (Center Circle and Watt Hotel) but it would seem there’s an uptick in the number of sales of downtown properties, large and small, in the past two years. Continue reading Uptick in downtown property transactions?
A new hotel for Carriage City Plaza, renaming a downtown space as Tesla Square, and a pop-up youth community center were among the highlights of the 2017 State of the City address on Thursday night.
The 119 properties being studied for potential redevelopment have a total assessed value of $30.733 million, generating property taxes last year of about $1.898 million. Collectively, the properties comprise about 57 acres.
City Council approved a preliminary, non-condemnation redevelopment study of six areas of town after residents packed the Council Chambers Monday night with most speakers voicing opposition to the study.
Swaths of West Grand and Elizabeth avenues, industrial properties on Regina and New Brunswick avenues, and a shopping center that straddles the border with Woodbridge, are among six areas that could be studied as potential new areas of redevelopment.
Continue reading Six new redevelopment areas to be considered
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Striker Realty will celebrate the grand opening of its new location at 1516 Irving St. with a ribbon cutting and reception on Sept. 8.
Continue reading Striker Realty relocates to downtown Rahway