A $760,000 budget for the expanded Special Improvement District (SID) would be almost six times larger than current budget, with almost half of it focused on a microloan program, marketing and capital improvements.
Category Archives: Commercial
Planning Board to consider smoke shop
The Planning Board is scheduled to continue a hearing Tuesday night for an application seeking to bring a smoke shop to a retail space adjacent to the train station.
Developer plans to raze East Cherry buildings
A developer who last year purchased two East Cherry Street properties plans to acquire two more neighboring properties and raze them all, replacing them with a five-story mixed-used building.
Continue reading Developer plans to raze East Cherry buildings
A comparison of Union County SIDs
A citywide Special Improvement District (SID) that generates $600,000 to $700,000 would be the largest single one among Union County’s 14 districts.
Breakdown by property of expanded citywide SID
The average property within an expanded, citywide Special Improvement District (SID) would pay about $1,437 in taxes to the SID, but the average among industrial properties and apartments would be nearly twice as high as commercial properties.
Continue reading Breakdown by property of expanded citywide SID
Parking Authority buys ‘New Era’ building
The Parking Authority has acquired the New Era Sportswear building on East Cherry Street.
Developer acquires former Dornoch lots
Four properties once owned by the defunct developer, Dornoch, have been snapped up by another developer who has become active with projects in downtown Rahway.
Fight over SID expansion will go to court
A group of property owners is taking their fight over expansion of the downtown Special Improvement District (SID) to court.