A 21-unit apartment building on Church Street near Rahway River Park recently sold for $2.4 million.
Continue reading Church Street building sold for $2.4 million
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Contract to assess parking equipment
City Council awarded a contract to assess parking equipment, the early stages of what’s expected to be a broader survey of parking downtown.
Shared services agreement renewed
City Council last month renewed an agreement with the Rahway Arts and Business Partnership (RABP) to share the cost of an economic development specialist who also serves director of the Special Improvement District (SID).
Tax appeals approved for three properties
City Council approved refunds of more than $40,000 to three separate properties covering multiple tax years as a result of successful tax judgments in the Tax Court of New Jersey.
City Council approves appointments
City Council approved a series of appointments to various boards and agencies last week, including a new commissioner to the Redevelopment Agency.
Park Square sold for almost $36 million
Park Square, the two-building, 159-unit rental complex downtown, has sold for $35.9 million, according to property records. Reports in NJ Biz and GlobeSt.com initially had the sale price as $34.9 million.
Redevelopment map update
The beginning of a new year seems like an appropriate time as any to look back over the previous year and while we’re at it, update the redevelopment map on the site.
Facelift for West Main Street property
A downtown property long described as dilapidated has been undergoing an upgrade in recent weeks.