Tag Archives: Irving Street

Woodruff Building on the block


One of my favorite buildings in Rahway, The Woodruff Building on the corner of Irving and Lewis streets, went on the block this month with an asking price of $799,000. Sure, it could use some sprucing up, but I like buildings with a name etched in the cornerstone or along the top floor; it adds a bit of character and some history. (When I get a chance, I’ll track down some info on this Woodruff fellow.)

The two-story structure at 1439 Irving St./62 Lewis St. consists of about 9,500 square feet, with offices on the second floor and the Rahway Dance Theatre and retail space occupying the ground floor. Built in 1920, the property is assessed at about $300,000, paying property taxes of roughly $15,200.

Earlier this decade, the building was eyed as the new location for The Waiting Room. Owner Chris Wenson said he had a deal to buy it in 2000 for $450,000 from Leung Chen but couldn’t until the Redevelopment Agency bought the old Waiting Room, which relocated to make way for the parking deck and hotel. By the time the city came up with the money to buy The Waiting Room three years later, he said Chen decided not to sell. “It would have made a nice restaurant but it would not have been as big as what we have now,” said Wenson, who opened at his East Cherry Street location in 2006. The Waiting Room closed at Lewis and Main streets in 2004.

I recall some opposition at the time to relocating the existing Rahway Dance Theatre, which still is a tenant along with two second-floor office tenants. Chen sold the property for $800,000 two years ago to the current owner, an entity called 1439 Irving St., LLC which lists a Bryant Street address, according to property records.

Wenson said his father owned The Woodruff Building when he was a child and his dad and uncle had their offices there, recalling a time capsule buried in one of the walls during the ’70s.

No tax abatement for The Savoy, Dornoch

News that the Plainfield City Council last month was asked by the administration for a five-year, 40-percent tax abatement for a Dornoch project in that city has prompted questions from readers in recent weeks about whether the Hillside-based developer will seek the same for The Savoy on Main Street. (The Plainfield governing body was scheduled to entertain the measure at its meeting last night.)

City Administrator and Redevelopment Director Peter Pelissier said Dornoch had requested abatements in negotiations this past summer, but he said he rejected it, with no plans to entertain the idea.

The only recent tax abatement awarded by the City Council was about five or six years ago when Park Square was still just on the drawing board. Landmark Developors will pay 20 percent of the assessed value of the property in the first year it’s on the tax rolls (2009), and 20 percent more each year until 100 percent is reached. Pelissier said the city tax assessor is in the process of compiling the first assessment for the property, which would mean it would be paying 100 percent property taxes by 2013. The project broke ground in 2007 after several years of land acquisition and other work for the development.

Also, this interactive map from P and F Management (a subsidiary or parent entity of some kind for Dornoch and its projects) is another indication that The Savoy may become rentals, something with which the city probably would not have a problem considering the real estate market and other projects going rental.

Skyview settlement remains unsigned

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.

Station stairs to be reconstructed this fall

In case you missed last week’s Re-Tweet, NJ Transit issued an advisory that construction on the east stairs of the eastbound train platform will being Oct. 19. The stairway is expected to reopen in mid-November.

If the job is anything like the East Milton Avenue stairs done earlier this year, which were pretty much closed for the second half of 2008, it probably took some time to go out to bid and will cost about $100,000.

Two-way traffic a year later: love it or hate it?

Not the sexiest of poll questions, but it’ll give you something to do while you’re visiting the site. Check out the new poll on the right side of the page (which was submitted by a reader!).

Continue reading Two-way traffic a year later: love it or hate it?

Station Bar & Grill slated for Irving Street

Ever been to the Station Bar and Grill in downtown Garwood? Another one’s coming to downtown Rahway.

The Planning Board last night unanimously approved a minor site plan for a vacant, one-story office building at 1530 Irving St., across from Park Square.

Continue reading Station Bar & Grill slated for Irving Street

Our coffee cup runneth over

So the “Coming Soon” sign at Mr. G’s a couple months ago wasn’t an exaggeration. It’s been open for more than a week, with an “official” grand opening planned on Monday. Last year we could barely find a cafe or coffee shop and now we can expect three by summer’s end (Kataluma Chai and Inthemix).

Continue reading Our coffee cup runneth over