Tag: PILOT

A Jersey City ordinance that says developments granted property tax abatements must hire union labor on their projects was struck a blow last week by an Appeals Court, although the city’s top official says the matter is far from settled.

City Council just approved a 25-year tax abatement for Journal Square Lofts. The adaptive reuse project will restore a 100-year-old building into 40 loft style apartments.

The Atlantic’s Citylab recently published an article outlining Jersey City’s strategic development plan and its potential for success. They were optimistic. Similar to most major...