The Redevelopment Agency this month designated a redeveloper for a proposed 75-unit mixed-used project downtown.
Monthly Archives: February 2015
Special counsel hired for artist housing deal
The Redevelopment Agency authorized a contract for special counsel to assist in the acquisition and closing of the former Elizabethtown Gas building for planned affordable housing project a the site.
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Nearly $20m for water treatment plant project
City Council introduced a measure to borrow almost $20 million to build a new interconnection pipeline as part of upgrades to the city’s water treatment plant.
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Real estate firm targets undervalued properties
As construction and planning for new developments continues downtown, at least one real estate investment firm is aiming to acquire and upgrade existing properties in Rahway.
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River Place sold again, this time for $36 million
River Place, a 136-unit rental complex on Lewis Street, has sold for $36 million — almost $10 million more than it sold for almost 3 1/2 years ago.
Continue reading River Place sold again, this time for $36 million
2014 crime rate plunges
Reported incidents of crime in Rahway plummeted by almost a third last year, one of the largest drops in Union County in a year when most neighboring towns reported double-digit decreases as well.
State of the City 2015
Mayor Samson Steinman delivered the annual State of the City address Friday night, announcing a few new events for 2015 while providing updates on items announced last year amid a smattering of redevelopment-related topics.
St. Georges Avenue building wins tax appeal
A St. Georges Avenue office building won a tax appeal judgment last year that resulted in a 64-percent refund of its almost $47,000 property tax bill for the 2010 tax year.
Continue reading St. Georges Avenue building wins tax appeal