Tag Archives: apartments

PILOTs in the 2021 budget

The proposed municipal budget for 2021 includes almost $1.8 million in anticipated Payments In Lieu Of Taxes (PILOT), with at least two new developments expected to add $190,000 this year.

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Planning Board OKs tweaks to The Mint-North

The second phase of The Mint will rise to six stories and the building will be extended to accommodate another 16 units, among other changes approved by the Planning Board on Tuesday night.

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Phase 2 of Dornoch to Planning Board

Developers have submitted plans to the Planning Board for the second phase of the Dornoch II development downtown.

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City Council OKs Brownstones amendment

City Council approved changes to the redevelopment agreement for Meridia Brownstones, setting a new  development schedule for the project’s next phases.

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Park Square owners secure $34-million loan

The investment and management firm that two years ago acquired Park Square, a two-building mid-rise in the center of downtown, has secured a $34-million loan on the property.

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Pre-development agreement approved

A proposed 300-unit development across the river from downtown could be built in phases depending on property acquisition, which would ideally include relocating a PSE&G substation.

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