The city’s overall tax assessment was down almost 2 percent this year with vacant assessments jumping almost 38 percent.
Category Archives: Downtown
Council bonds for Monroe Street extension
City Council on Monday approved a bond ordinance that will cover its share of extending Monroe Street through a new downtown development.
Council approves Parking Authority dissolution
City Council unanimously approved ordinances on second reading last week that will dissolve the Parking Authority and fold parking services into a Parking Utility within City Hall by the end of this year.
Continue reading Council approves Parking Authority dissolution
Former Mango’s property slated for parking
The Parking Authority plans to acquire the former Mangos property on Fulton Street for $400,000 and demolish the 7,800-square-foot building to provide for as many as 60 parking spaces.
Zoning Board approves parking lot for YMCA
The Zoning Board of Adjustment approved preliminary and final site plans and use and bulk variances for a Campbell Street property that will be used as parking for the YMCA.
Bridgeview developer appeals DEP application
The city and a developer are appealing the rejection a hardship exception for a proposed development within a flood zone just across the river from downtown.
Continue reading Bridgeview developer appeals DEP application
Financial agreement for Slokker project amended
The Redevelopment Agency earlier this month adopted a resolution that will allow the city to issue Redevelopment Area Bonds (RAB) to reimburse a developer for part of the cost of extending Monroe Street.
Continue reading Financial agreement for Slokker project amended
Redevelopment updates
The Gramercy on East Cherry Street is expected to be the next downtown development completed, with construction moving along on the adjacent Main & Monroe project and Reva Rahway farther south on Main Street. In all, the three projects total almost 500 rental units.