The proposed municipal budget for 2021 includes almost $1.8 million in anticipated Payments In Lieu Of Taxes (PILOT), with at least two new developments expected to add $190,000 this year.
Tag Archives: Meridia Lafayette Village
PILOTs in the 2020 municipal budget
Payments In Lieu Of Taxes (PILOT) are anticipated to account for $1.385 million in the 2020 municipal budget.
PILOTs in the 2019 budget
Revenue from Payments In Lieu Of Taxes (PILOT) is projected to reach almost $1.4 million in this year’s municipal budget while foreclosure registry fees are expected to jump by more than 50 percent.
PILOTs exceed $1.5 million in 2018 budget
The latest downtown development is expected to begin contributing a Payment In Lieu of Taxes (PILOT) this year, bringing anticipated revenue from PILOTs to more than $1.5 million in the 2018 municipal budget.
A closer look at local Walk Scores
How walkable is Rahway? According to Walk Score, it’s more walkable than most cities in New Jersey.
Meridia Lafayette Village begins leasing
Just more than two years after breaking ground, Meridia Lafayette Village has begun leasing.
Meridia Lafayette nears completion
Meridia Lafayette, the 115-unit complex at the corner of Main and Monroe streets, is expected to be completed by November with leasing possible as soon as the end of the year. Continue reading Meridia Lafayette nears completion
A look at Lafayette Village through 2015
The end of the year is always an appropriate time to review the previous year or look forward to the upcoming year. After sorting some of the photos from the previous year, I’ve organized a slideshow of the images from 2015 on the latest project under way.