A proposed building that could bring 72 apartments to the Wrigley Park area of Paterson has been conditionally approved at the county level.
The Passaic County Planning Board granted conditional approval to the plans for 198-206 Lafayette Street during a public hearing on December 19 in Totowa, according to meeting minutes. The minutes, which indicated that no members of the public were present at the hearing, show that the project would be five stories tall and take up 26,062 square feet within the Fourth Ward Redevelopment Area. A parking garage with one space per residential unit would be included in the structure while a new sidewalk would be installed in front of the building.
The tract was acquired by 198-206 Lafayette St Holdings, LLC, which is registered out of the same East 18th Street address as Florio Property Management, in June 2019 for $2.5 million after being purchased for $895,000 just four months earlier by MAFHH, LLC of North Brunswick. A vacant building currently stands at the location.
Although the property is located more than a mile from the Silk City’s main train station, it appears that this project, along with a proposed 60-unit building just west of the premises, are both being designed with rail transportation in mind. This is because 198-206 Lafayette Street sits adjacent to train tracks that have been the subject of long-term plans for New Jersey Transit passenger rail service. Should the proposed train service connecting Passaic, Bergen, and potentially Hudson Counties come to fruition, there would be a station at Lafayette Street.