Tag Archives: River Place

PILOTs in the 2019 budget

Revenue from Payments In Lieu Of Taxes (PILOT) is projected to reach almost $1.4 million in this year’s municipal budget while foreclosure registry fees are expected to jump by more than 50 percent.

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PILOTs exceed $1.5 million in 2018 budget

The latest downtown development is expected to begin contributing a Payment In Lieu of Taxes (PILOT) this year, bringing anticipated revenue from PILOTs to more than $1.5 million in the 2018 municipal budget.

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A closer look at local Walk Scores

How walkable is Rahway? According to Walk Score, it’s more walkable than most cities in New Jersey.

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Top 15 posts of 2015

It’s that time again to take a look back at the year that was, and so here it is, a breakdown of the most viewed posts of 2015 by you, our faithful readers.

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Keeping an eye on parking

Demand during peak hours at the Lewis Street parking deck is roughly 350 spaces, or about two-thirds of its capacity, enough to accommodate some overflow from three planned developments downtown.

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PILOTs in the 2015 budget

City Council is scheduled to hold a public hearing before formal approval of the 2015 municipal budget during its regular meeting on Monday night, and here are a few more details from the 44-page document.

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River Place sold again, this time for $36 million

River Place, a 136-unit rental complex on Lewis Street, has sold for $36 million — almost $10 million more than it sold for almost 3 1/2 years ago.

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Mack-Cali acquires Park Square for $46.5M

Seven years after breaking ground on its first phase, Park Square has been acquired for $46.5 million.

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