For the first time in about 50 weeks a unit sold in Sky View at Carriage City Plaza, according to property transaction records.
Continue reading First sale of ’09 for Sky View at Carriage City Plaza
Tag Archives: Irving Street
Carriage City settlement still not executed
Carriage City Properties (CCP) still has not finalized or executed the settlement agreement with the Redevelopment Agency, attorney Frank Regan told commissioners during their meeting earlier this month. The Redevelopment Agency approved a settlement at its meeting in May. (For details on the agreement, see this earlier post.) A representative of Carriage City Properties had no comment.
Continue reading Carriage City settlement still not executed
Park Square timeline: fall 2010
The second building in the Park Square development is expected to be completed and ready for occupancy by fall 2010.
Joel Schwartz, principal with developer Landmark Companies of Keasbey, presented an update to commissioners at last night’s Redevelopment Agency meeting.
About 44 of the 63 apartments in the completed building one on Irving Street are leased and the 96 units in building two on Main Street should be open by October, Schwartz said. There will be a total 238 parking spaces. Due to a different elevation on Main Street, two levels of parking will be on that side (photo above, corner of Elizabeth Avenue) compared to one level in operation now on the Irving Street side. The four-story, 159-unit project broke ground in October 2006.
Schwartz said there was an effort not to push the retail space, given the market conditions but also to try to first fill up residential units. He hopes to have more tenants by the spring for the 7,000 square feet of ground-floor retail space along Irving Street. The first tenant, Eyes On You, a high-end optometrist occupying 1,700 square feet at the corner of Irving and Elizabeth Avenue (photo at right), should be open in the new year.
After many months, dessert cafe opens
The windows are no longer covered and there was some activity as I drove home along Irving Street last night: InTheMix dessert cafe is open.
We first reported in May that the cafe would be coming to the corner of Irving and West Main streets and it finally opened last night. It’s been almost a year since a photo and camera shop left the 1,200-square-foot space.
If anyone pays a visit to InTheMix, let us know what you think.
KC Jazz redesigns, eyes 2010 for opening
KC Jazz restaurant has its sights set on 2010 for an opening.
Developer Casey Granieri said in an email last month that the project is going out to bid after a redesign to lower the cost. Any changes will be in materials and roof modification, he said, and if everything gets done in a timely manner it will open next year.
During last month’s Redevelopment Agency meeting, Redevelopment Director and City Administrator Peter Pelissier mentioned that a developer with experience in Newark’s Ironbound section was brought in to help with the changes while there also were some financing details to iron out. The former Kelly’s Pub building, at the corner of Seminary Avenue and Irving Street, gained Planning Board approval in July 2007.
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It looks like there’s a comfortable lead for Friday to be the day for a Rahway Rising happy hour. If no one has any objections, why don’t we call it 6 p.m. at The Waiting Room this Friday (Nov. 13). See you there!
33 units occupied at Park Square
Three years to the month after breaking ground, Park Square has 33 units occupied.
101 units accounted for at Sky View
More than 100 units are either rented (43) or sold (58) in Sky View at Carriage City Plaza, as of the end of last month. That would account for 101 of the 222 units in the 16-story complex. (Remember when half were under contract?)
City Administrator and Redevelopment Director Peter Pelissier told Redevelopment Agency commissioners during their meeting Wednesday night that another unit has closed and two more are under contract and may close soon. Pelissier said he was told by Carlos Silva of Carriage City Properties to expect a letter shortly regarding payment to the agency for the latest unit closing. It would be the first unit to close since early this year, with the most recent appearing in property transactions in April.
The agency’s settlement agreement with Carriage City Properties, however, remains unsigned. Pelissier told commissioners he would have more information at next month’s meeting and likely would require an executive session meeting to discuss “sensitive issues” and determine a course of action.
Carriage City began marketing rentals almost a year ago ($1,250 for a one-bedroom at the time, which has since increased to $1,350), in violation of their redevelopment agreement, which prompted discussions with the agency and ultimately a settlement.
Work moves to exterior at Station Bar & Grill
Some interior work looks like it was going on for a few weeks. The project was approved by the Planning Board in June, details of which can be found in the earlier post.
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For a look at what some nearby towns have in mind as far as redevelopment, here’s a piece from nj.com about Fanwood’s efforts to make its downtown more like Cranford or Westfield.