All Legislation
Ordinance21-1301Adopted

AN ORDINANCE GRANTING A TWENTY-FIVE (25) YEAR TAX ABATEMENT TO 260 WASHINGTON ST URBAN RENEWAL, LLC, P.O. BOX 1293, HICKSVILLE, NEW YORK 11802, FOR A PROJECT TO CONSTRUCT A NEW (23) STORY BUILDING CONSISTING OF APPROXIMATELY (140) MARKET RATE RESIDENTIAL RENTAL UNITS (67) AFFORDABLE HOUSING RENTAL UNITS TO BE RENTED TO TENANTS AT 50% AREA MEDIAN INCOME AND 6,000 SQUARE FEET OF GROUND FLOOR RETAIL LOCATED ON REAL PROPERTY COMMONLY KNOWN AS 260-272 WASHINGTON STREET, NEWARK, NEW JERSEY 07102 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 60, LOTS 2, 3, 4, and 5 (6). Public Hearing will be held at the Special Meeting on 01/25/22. Deferred 6PSF-d 012022

Progress

Introduced

Sep 1, 2021

In Committee

Jan 11, 2022

Passed

Jan 25, 2022

4

Enacted