Tag Archives: downtown

Concept reimagines former bank building

A century-old bank building next to the train station has been renovated with more plans to bring a restaurant with outdoor and rooftop seating.

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Rahway Plaza Apartments gets $11M in financing

A 50-year-old downtown high-rise apartment complex that recently had its tax break extended has secured $11 million in financing.

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50-year tax break to be extended

A downtown high-rise building would have its 50-year tax abatement agreement extended another five years under a resolution to come before City Council tonight.

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$42K for razing East Cherry Street building

City Council approved a contract of almost $42,000 for the demolition of an East Cherry Street building, most recently known as The Cherry Pit.

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Height, density increased at proposed Vermella site

A measure approved by City Council this month would allow maximum height and density to increase in a zoning subdistrict within downtown, codifying a recommendation of the downtown strategic plan and accommodating a site where a new development has been proposed.

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City Council to vote new on PILOT agreement

City Council is scheduled to approve a Payment In Lieu of Taxes (PILOT) agreement that would generate more than $26 million over 30 years for a proposed 292-unit mixed use complex across the river from downtown.

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