All Legislation
Ordinance21-0549Adopted

AN ORDINANCE AMENDING THE ORIGINAL TAX ABATEMENT GRANTED TO NEWARK 40 E. PARK URBAN RENEWAL, LLC, 128 MAIN AVENUE, PASSAIC, NEW JERSEY 07055, PURSUANT TO THE LONG TERM TAX EXEMPTION LAW TO EXTEND THE TIMEFRAME TO CONSTRUCT THE PROJECT CONSISTING OF THE RENOVATION OF A VACANT, ABANDONED BROWNSTONE OFFICE BUILDING INTO FIFTEEN (15) MARKET RATE RESIDENTIAL UNITS LOCATED ON REAL PROPERTY FORMERLY KNOWN AS 40 EAST PARK STREET AND 36-38 AND 40 KITCHELL STREET, NEWARK, NEW JERSEY 07102 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 126, LOTS 1, 2 AND 52, WHICH HAS BEEN MERGED AND IS NOW KNOWN AS 35-47 MULBERRY STREET, BLOCK 126, LOT 1. (Central Ward)

Progress

Introduced

Apr 19, 2021

In Committee

Jul 8, 2021

Passed

Jul 20, 2021

4

Enacted