The Redevelopment Agency would receive redevelopment fees of $1,000 per unit for a proposed 194-unit project on Main Street, under an agreement approved earlier this month.
Continue reading Redevelopment agreement approved for Donoch II project
Monthly Archives: April 2014
El Quincho opens Monday in former Tauros Grill
Argentinian-style barbeque will be coming to Rahway with the opening of El Quincho Bar and Grill on Monday. Directly translated from Spanish, El Quincho means “The barbeque.”
The eatery, which took home Best Barbeque honors at The Taste of Rahway in April, will occupy a space at the corner of Monroe and Bond streets (map) that has been vacant since Tauros Tapas Grill left several years ago. Before the Spanish-Portuguese tapas restaurant, the place was known as Rio Cafe. Continue reading El Quincho opens Monday in former Tauros Grill
What would you like to see in this space?
Now that Skaff’s Corner Pharmacy has vacated its longtime downtown storefront for greener pastures on St. Georges Avenue, it leaves vacant a prominent space at the corner of East Cherry and Main streets.
So, loyal readers, what would you like to see move into this space? It’s quite the key spot downtown with significant visibility on both East Cherry and Main streets. Keep in mind, it was home to a pharmacy for many years so there might be some limitations without serious renovations (such as Continue reading What would you like to see in this space?
Patria, D’Orsi’s win big at The Taste of Rahway
Patria and D’Orsi’s Bakery were the big winners at The Taste of Rahway on Friday night, winning three categories each. The winners in each category were as follows (in Rahway, unless otherwise noted):
Continue reading Patria, D’Orsi’s win big at The Taste of Rahway
30-Year PILOT could mean 50-percent tax break
The Payment In Lieu Of Taxes (PILOT) for a proposed 196-unit project downtown could mean a tax break of as much as 50 percent in the first year alone and some $17 million versus $34 million over the 30-year life of the program, if certain assumptions are made.
Continue reading 30-Year PILOT could mean 50-percent tax break
2-3 months on Lafayette Village construction
Groundbreaking on Meridia Lafayette Village could be two to three months away as construction permits are in the process of being secured. By that timeline, construction could begin sometime after Memorial Day.
Redevelopment Director Peter Pelissier briefed commissioners at the April 2 Redevelopment Agency meeting about a discussion with George Capodagli, principal of West New York-based Capodagli Property Company.
Continue reading 2-3 months on Lafayette Village construction
Public hearing on budget slated for Monday
The City Council will hold a public hearing on the 2014 municipal budget during its meeting on Monday before giving final approval on the $51.8-million spending plan. The governing body is also scheduled to approve the Rahway Arts District‘s annual $130,000 budget, derived from the Special Improvement District (SID) tax.
The 2014 budget, introduced by City Council at its March 10 meeting, projects an increase of $43 in municipal property taxes on the average property, assessed at $133,000.
Meridia Water’s Edge begins leasing
Temporary Certificates of Occupancy (TCO) have been granted for the first two floors of Meridia Water’s Edge and the 108-unit complex has executed agreements with 15 tenants so far. Redevelopment Director Peter Pelissier briefed commissioners at their April 2 meeting after speaking last week with developer George Capodagli of Capodagli Property Company.