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Dept./ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Private Sale/Redevelopment Purpose: First Amendment, Assignment and Assumption to the Agreement for the Sale and Redevelopment of Land to Summit St. Development Group, LLC Entity Name: Summit St. Development Group, LLC Entity Address: 211 Warren Street, Newark, New Jersey 07103 Sale Amount: $10,459.40 Cost Basis: (X) $7.00 PSF ( ) Negotiated (X) N/A ( ) Other: Assessed Amount: $32,200.00 Appraised Amount: N/A Contract Period: Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ (X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) 110 James Street/Block 2828/ Lot 1/Central Ward Additional Information: Resolution 7R2-a adopted on January 21, 2021, designating Mission Realestate Projects, LLC as the redeveloper and authorizing an Agreement for the Sale and Redevelopment of Land.

Resolution Adopted Introduced June 9, 2026

What this record is

Held by
Summit St. Development Group, LLC
Amount
$32K
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
amendment

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Read automatically from the title of the official record. The source document below is authoritative.

Committee
Economic and Housing Development
Introduced
June 9, 2026
On agenda
June 17, 2026
Passed
June 17, 2026

Where it was heard

Municipal Council Jun 17, 2026 Adopt Pass

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