AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO 40 AUSTIN STREET URBAN RENEWAL CO., LLC, 27 AUSTIN STREET, NEWARK, NEW JERSEY 07114, FOR A PROJECT TO CONSTRUCT A NEW FIVE (5) STORY BUILDING WITH A TOTAL OF FORTY-THREE (43) MARKET RATE RESIDENTIAL RENTAL UNITS AND THIRTY-EIGHT (38) GROUND FLOOR PARKING SPACES LOCATED AT 40-46 AUSTIN STREET, NEWARK, NEW JERSEY AND IDENTIFIED ON THE CITY’S TAX MAP AS BLOCK 902, LOT 15 (EAST WARD).

Committee

Economic and Housing Development

Introduced

April 18, 2024

On agenda

January 22, 2025

Passed

February 5, 2025

Where it was heard

Municipal Council Feb 5, 2025 Close on Public Hearing and Adopt Pass Municipal Council Jan 22, 2025 Advance and Adopt on First Reading as 6F- Pass