All Legislation
Ordinance21-0399Adopted

AN ORDINANCE GRANTING A FIFTEEN (15) YEAR TAX ABATEMENT TO KLEIN FUND URBAN RENEWAL, LLC, OF LAKEWOOD, NEW JERSEY 08701, FOR A PROJECT TO REDEVELOP AN EXISTING ONE-STORY BUILDING TO CREATE A FIVE-STORY MIXED USE BUILDING CONSISTING OF (32) MARKET RATE RESIDENTIAL RENTAL UNITS, (8) AFFORDABLE HOUSING RENTAL UNITS IN ACCORDANCE WITH CITY ORDINANCE 6PSF-B, DULY ADOPTED ON OCTOBER 4, 2017, (24) CAR PARKING GARAGE, AND 885 SQUARE FEET OF RETAIL SPACE LOCATED ON REAL PROPERTY COMMONLY KNOWN AS 289-293 HALSEY STREET, NEWARK, NEW JERSEY 07102 AND IDENTIFIED ON THE OFFICIAL TAX MAP OF THE CITY OF NEWARK, AS BLOCK 96, LOT 11. (CENTRAL WARD)

Progress

Introduced

Mar 19, 2021

In Committee

Jan 20, 2022

Passed

Feb 2, 2022

4

Enacted