Payments In Lieu Of Taxes (PILOTs) more than doubled in last year’s municipal budget, eclipsing $2 million after three new projects were added to the tax rolls. The spending plan for 2017 anticipates $1.3 million after the expiration of one five-year PILOT.
City Council has endorsed a campaign that recommends the state invest $600 million in affordable housing across the state. Continue reading Council endorses ‘Build A Thriving NJ’ effort
Three new Payments In Lieu Of Taxes (PILOT) to the city and higher foreclosure registry fees should boost city revenues by some $652,000 in the 2016 budget.
Well, we’ve done it again.
A mixed-used building that was one of the early downtown redevelopment projects was acquired last fall in a sheriff’s sale.
It’s that time again to take a look back at the year that was, and so here it is, a breakdown of the most viewed posts of 2015 by you, our faithful readers.
There are more than 300 residential properties on the city’s foreclosure registry, as of Sept. 1, including almost 100 vacant properties.