25-0187
AN ORDINANCE GRANTING A THIRTY (30) YEAR TAX ABATEMENT TO ROBERT TREAT HOTEL URBAN RENEWAL INC., 50 PARK PLACE, NEWARK, NEW JERSEY 07102, FOR A PROJECT LOCATED AT 42-50 PARK PLACE, NEWARK, NEW JERSEY AND IDENTIFIED ON THE CITY’S TAX MAP AS BLOCK 125, LOT 15 (CENTRAL WARD) (THE “PROPERTY”) TO UNDERGO MAJOR RENOVATIONS TO ALL SYSTEMS WITHIN THE 108-YEAR OLD HOTEL, INCLUSIVE OF RENOVATIONS TO THE FOLLOWING: FRONT AND REAR ENTRY DOORS TO THE HOTEL; 169 GUEST ROOM BATHROOMS AND FLOOR COVERINGS; THE FLOOR COVERING IS BEING REPLACED AND CEMENT SLAB REPAIRED WHERE NECESSARY IN THE 12,000 SQUARE FT. LARGE BALLROOM; THE 5,000 SQUARE FT. SMALL BALLROOM AND THE SIX (6) 600 SQUARE FT. MEETING ROOMS; RESTAURANT DISHWASHING EQUIPMENT; GUEST LOUNGE/AMENITY ROOMS INCLUDING CREATION OF AN AIRPORT LOUNGE, A BUSINESS/IT CENTER, AND FITNESS ROOM; ENTIRE ELEVATOR SYSTEM; LAUNDRY; ELEVATOR LOBBIES INCLUDING NEW CEILINGS, WALLS AND FLOOR COVERINGS; EXISTING LIFE SAFETY SYSTEM; THE RELINING OF THE DOMESTIC WATER TANK TO IMPROVE WATER QUALITY THROUGHOUT THE HOTEL; AND THE EXTERIOR BRICK FAÇADE, (COLLECTIVELY, THE “PROJECT”) (CENTRAL WARD). Deferred 6PSF-d 052125 Deferred 6PSF-a 060425
- Committee
- Economic and Housing Development
- Introduced
- February 3, 2025
- On agenda
- May 7, 2025
- Passed
- July 2, 2025
Where it was heard
Municipal Council Municipal Council Municipal Council Municipal CouncilWatch Newark
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