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.
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Metro Rahway tops out
Construction of Metro Rahway topped out this week with the addition of what looks to be the beginnings of the attic roof.
The five-story project along Campbell Street and West Cherry Street is expected to be completed later this year. Of the 116 units, 52 will be one-bedrooms and 62 will be two-bedrooms, situated above one level of parking. There will be 120 parking spaces, in addition to 18 on-street spaces.
$300k contract for environmental services
The Redevelopment Agency last month awarded a nearly $300,000 contract for environmental consulting services related to the Dornoch II/Slokker redevelopment project at Lot B on Main Street.
Downtown pharmacy moves to St. Georges
Skaff’s Corner Pharmacy is no longer on the corner of East Cherry and Main streets in downtown Rahway.
The local pharmacy moved out of its 90 E. Cherry St. location, planning to open today in a new space at St. George Shopping Center on St. Georges Avenue.
Gelber Associates last year built an approximately 2,800-square-foot building with two commercial spaces adjacent to its existing storefronts at the shopping center. A Subway franchise relocated from the corner of St. Georges and West Milton avenues into about 1,000 square feet on the west side of the new building and Skaff’s will occupy the remaining space.
Substation eyed for potential redevelopment
A substation on Monroe Street and Clarkson Place, just across the river from downtown, has the interest of a potential developer.
In his report to the Redevelopment Agency at its March 5 meeting, Redevelopment Director Peter Pelissier said he and Interim Mayor Samson Steinman met with Mark Fauci of Iselin-based American Properties about potential redevelopment sites in the city and one area that piqued interest was substation on Monroe Street and Clarkson Place. Years ago, the substation had been discussed in passing as another area for potential redevelopment, with the idea of entertaining Requests For Proposals (RFPs) for the area.
Continue reading Substation eyed for potential redevelopment
Project likely won’t require 18-foot levee
The 248-unit project proposed on the site of The Center Circle sports complex likely will not require the Rahway River levee to be 18 feet. Rahway Main Street is expected to have a first floor elevation of 14 feet.
In his report to Redevelopment Agency commissioners at the March 5 meeting, Redevelopment Director Peter Pelissier said at the time that there may be some difficulty based on what the Department of Environmental Protection (DEP) sets as a levee. Preliminary conversations between the developer, Lavallette-based AST Development Corporation, and the DEP confirmed that the “flood plain does not appear to extend into the development site.”
Dornoch property wins tax appeal for 2012
A Main Street property that was among more than a half-dozen properties acquired years ago by developer Dornoch Holdings won a tax appeal, knocking about 17 percent off the tax bill for 2012 and a 6-percent reduction in the assessment.
The property at 1501 Main St. (Block 320, Lot 12) had an overall property tax bill of almost $14,700 last year. The assessment for 2013 was $229,700 and reduced by about 6.3 percent to $215,100, according to property records.
The City Council authorized a credit of $2,505.79 due to a judgment of the Continue reading Dornoch property wins tax appeal for 2012
Village Bistro to open on East Cherry Street
The Village Bistro, a halal and kosher style eatery, plans a grand opening on Friday, taking East Cherry Street space formerly occupied by D&R’s Deli and for many years by Big Belly Deli.
Big Belly Deli had occupied the space from about early 2005 until March 2011. D&R replaced it later in 2011, until it closed up shop last year.
For the uninitiated, here’s the answer to your question, “What’s halal meat?”
The building at 78 E. Cherry St., built in 1900, is on the market for $265,000 and includes apartments on the upper floors, but the retail tenant has a lease that would have to be honored by a new owner, according to Bob Markey of Striker Realty . Property taxes run about $10,400 annually, according to property records.