City transforms Libby's Lunch into Silk Cafe to boost tax revenue

The revitalization of Libby's Lunch is set to boost Paterson's economy, as city officials announced plans for a new restaurant-style café at the historic site. Sold for over $800,000, the café, named Silk Cafe, is currently under construction near the Great Falls. City leaders are optimistic that this landmark business will not only attract visitors but also generate significant tax revenue for the city.

During the recent 2025 City Budget Virtual Town Hall Meeting, officials highlighted the anticipated economic impact of Silk Cafe, emphasizing its potential to enhance the local tax base. "We do anticipate it being an economic draw," a city representative stated, reinforcing the belief that the café will contribute positively to Paterson's financial landscape.

In addition to the café, the meeting also touched on the introduction of Patterson Plus, a tool designed to streamline citizen complaints and enhance community engagement. This initiative, supported by the City Council, aims to improve communication between residents and local government, further fostering a sense of community involvement.

As Paterson moves forward with these initiatives, the focus remains on revitalizing local businesses and enhancing the city's economic prospects. The anticipated opening of Silk Cafe marks a significant step in this direction, promising to breathe new life into the area and support the city's financial growth.