Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves community benefits agreement for 930 McCarter tower after removing proposed movie-ticket perk
Summary
The Newark Municipal Council on March 5 adopted a community benefits agreement for a 25‑story Aspire‑funded project at 930 McCarter, replacing a proposed movie‑ticket benefit with a $150,000 contribution to the city’s Affordable Housing Trust Fund for PATH Home.
The Newark Municipal Council on March 5 approved a community benefits agreement (CBA) tied to a proposed 25‑story, 333‑unit mixed‑use tower at 930 McCarter Highway seeking New Jersey EDA Aspire tax-credit support. The developer and the administration proposed a package of public benefits that was amended on the council floor after public objections.
Deputy Mayor Allison Ladd summarized the project: “This project is, 930 McCarter. It is a 25 story building, 333 units, of which, 20% will be affordable, per the inclusionary zoning ordinance. There will also be 3,750 square feet of retail space, and, 240 parking spaces located on-site.” She said the developer is required under the Aspire program to enter a community benefits agreement with the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
