Developers who shared in the cost of the Monroe Street extension received a payment of $1.5 million through Redevelopment Area Bonds (RAB).
Category Archives: Apartments
Bridgeview, Arts District plans to be presented
Presentations for two proposed developments could formally come before the Redevelopment Agency next month.
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New redevelopment agreement for Brownstones
A new redevelopment agreement for the second phase of The Brownstones development could come up for approval as early as next month.
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Sky View condos sold
A decade after being acquired in foreclosure, 160 of the 222 condo units in Carriage City Plaza have sold for $26.5 million.
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.
City examines shifting public housing
The city is looking into the possibility of converting some public housing units overseen by the Housing Authority into Section 8 housing and potentially adding some senior housing.
Bridgeview developers still interested
Potential developers of a proposed 174-unit rental apartment complex across the river from downtown are interested in proceeding but may need some help from the Redevelopment Agency.
Certificate of completion issued for Reva Rahway
The Redevelopment Agency officially issued a Certificate of Completion for REVA Rahway, a rental complex on Main Street at the site of the former Center Circle sports complex that started leasing late last year.
Continue reading Certificate of completion issued for Reva Rahway