It’s been a pretty quiet summer over at Carriage City Plaza — apparently a little too quiet. The Redevelopment Agency approved a settlement agreement with Carriage City Properties (CCP) in May but the developers still have not signed it and have provided little information to the city, according to City Administrator and Redevelopment Director Peter Pelissier.
The developer has until this month to execute the agreement or the city will reach out to the financing bank for information, said Pelissier, adding that they’ve heard little from Carriage City about how many units have been rented or sold. No units at Carriage City have appeared in property transactions since early in the spring.
There have not been any new temporary certificates of occupancy (TCO) issued for the building, according to Pelissier. Under the agreement, the Redevelopment Agency is supposed to receive 10 percent of the rent from each rented unit — only the city doesn’t know how many are rented and has yet to receive a dime from rents. Last we heard, there were about 57 units sold and about five rented while 76 TCOs had been issued at the 222-unit development.
Great post. Is the Intercontinental Hotel still involved with that property?
My gf's b-i-l works as a building manager and was approached about a position at Skyview for $55k. This is 20k less than he makes now (building managers typically get free housing and utils). A building like Skyview needs a live-in manager but they can't pay because they've sold less than 1/3 of the units.
I live in Skyview and am very happy with the purchase as it is a very comfortable place to live. However it is unfortunate that Silcon is so shady.
I own a unit in skyview. I have it rented to tenants who absolutley love living there.
It's great to hear from some folks whom live there that enjoy something about the town. I'm so tired of hearing negative things about Rahway
After almost a decade of living in the NYC area I applied to the Skyview apartments as a tenant because it seemed like a great value for my money. However after some dealings with Silcon related to renting, I am a little wary of entering into a year-long relationship. I am curious to see if there is anyone out there who is a past/current tenant who found it a good/bad/ugly place to live? I am unfamiliar with the area and (apparently) massive redevelopment effort. I would be very grateful if anyone out there has any advice and this was the only resource I could find! 🙂