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Housing authority approves tightened timeline for Fulton Square redevelopment amid contamination concerns
Summary
The board approved an amended redevelopment agreement for Fulton Square with strict milestones: a modified concept plan in 4 months, site plan and permitting deadlines, 90-day construction start after permits, and a two‑year completion target.
The Housing Authority of the City of New Brunswick voted to approve an amendment to the Fulton Square redevelopment agreement that imposes accelerated milestones and termination rights if deadlines are missed.
Legal counsel told the board Fulton Square is “a heavily, unfortunately, contaminated property,” and the developer sought additional time after remediation work. The authority negotiated shorter, enforceable milestones instead of a long extension. Under the amended agreement: the developer must file…
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