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Resolution26-0293

Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Stipulation of Settlements for Tax Appeals List of Property: (Tax Payer/Address/Block/Lot/Ward/Assmnt./Year/Refund Amount) MRTRB Corp./1925/54/123-153 N 13th/West/2017/$1,421,800/-$0.00 MRTRB Corp./1925/54/123-153 N 13th/West/2018/$1,421,800/-$0.00 MRTRB Corp./1925/54/123-153 N 13th/West/2019/$1,260,000/-$0.00 MRTRB Corp./1925/54/123-153 N 13th/West/2020/$1,260,000/-$0.00 MRTRB Corp./1925/54/123-153 N 13th/West/2021/$1,260,000/-$0.00 MRTRB Corp./1925/54/123-153 N 13th/West/2022/$1,200,000/-$2,241.60 MRTRB Corp./1925/54/123-153 N 13th/West/2023/$1,200,000/-$2,236.80 39 McClellan St., LLC/3773/25/9-39 McClellan Street/South/2022/$2,402,000/-$0.00 39 McClellan St., LLC/3773/25/9-39 McClellan Street/South/2023/$2,402,000/-$0.00 39 McClellan St., LLC/3773/25/9-39 McClellan Street/South/2024/$2,100,000/-$11,485.06 39 McClellan St., LLC/3773/25/9-39 McClellan Street/South/2025/$1,800,000/-$0.00 109 Newark, LLC/3542/28(MERGED LOTS 28,30,36 INTO L30)/109-135 Meeker Avenue/South/2022/$1,500,800/-$3,736.00 109 Newark, LLC/3542/28(MERGED LOTS 28,30,36 INTO L30)/109-135 Meeker Avenue/South/2023/$1,400,800/-$7,456.00 109 Newark, LLC/3542/28(MERGED LOTS 28,30,36 INTO L30)/109-135 Meeker Avenue/South/2024/$1,400,800/-$7,606.00 109 Newark, LLC/3542/28(MERGED LOTS 28,30,36 INTO L30)/109-135 Meeker Avenue/South/2025/$1,400,800/-$0.00 555 Elizabeth Ave., LLC/3640/5/2-12 Renner Avenue/South/2020/$13,750,000/-$0.00 555 Elizabeth Ave., LLC/3640/5/2-12 Renner Avenue/South/2021/$13,750,000/-$0.00 555 Elizabeth Ave., LLC/3640/5/2-12 Renner Avenue/South/2022/$12,000,000/-$65,380.00 555 Elizabeth Ave., LLC/3640/5/2-12 Renner Avenue/South/2023/$10,000,000/-$139,800.00 555 Elizabeth Ave., LLC/3640/5/2-12 Renner Avenue/South/2024/$9,000,000/-$180,642.50 Regina Kornegay/3677/45/35 Pomona Avenue/South/2024/$210,000/-$1,528.81 New Generation Development, LLC/1976/19/213 Elm Street/East/2017/$173,200/-$0.00 New Generation Development, LLC/1976/19/213 Elm Street/East/2018/$150,000/-$856.78 New Generation Development, LLC/998/62/59 Garrison Street/East/2017/$0/-$3,965.84 New Generation Development, LLC/998/62/59 Garrison Street/East/2017/$0/-$4,114.00 HUSPRF NEWARK LP/Tenant: Storageblue Ferry Street LLC/2487/1.03/419-425 Ferry Street/East/2024/$8,250,000/-$0.00 HUSPRF NEWARK LP/Tenant: Storageblue Ferry Street LLC/2487/1.03/419-425 Ferry Street/East/2025/$6,000,000/-$46,350.00 Wilson Realty Corp./5050.02/1/B01/494-508 Wilson Avenue/East/2018/$125,000/-$4,331.89 Wilson Realty Corp./5050.02/1/B01/494-508 Wilson Avenue/East/2019/$125,000/-$4,411.65 115-119 Montclair Ave LLC/816/48/115 Montclair Avenue/North/2018/$365,000/-$0.00 115-119 Montclair Ave LLC/816/48/115 Montclair Avenue/North/2019/$365,000/-$0.00 115-119 Montclair Ave LLC/816/48/115 Montclair Avenue/North/2020/$300,000/-$763.80 115-119 Montclair Ave LLC/816/49/117 Montclair Avenue/North/2018/$363,000/-$0.00 115-119 Montclair Ave LLC/816/49/117 Montclair Avenue/North/2019/$363,000/-$0.00 115-119 Montclair Ave LLC/816/49/117 Montclair Avenue/North/2020/$300,000/-$1,216.00 115-119 Montclair Ave LLC/816/50/119 Montclair Avenue/North/2018/$365,500/-$0.00 115-119 Montclair Ave LLC/816/50/119 Montclair Avenue/North/2019/$365,500/-$0.00 115-119 Montclair Ave LLC/816/50/119 Montclair Avenue/North/2020/$300,000/-$1,820.20 Conrail c/o Tax Dept (United Rail Trans./Perry Cty. RR)/5042/70/X/Avenue I/East/2022/$3,599,900/-$0.00 Conrail c/o Tax Dept (United Rail Trans./Perry Cty. RR)/5042/70/X/Avenue I/East/2024/$3,901,700/-$93,108.85 Conrail c/o Tax Dept (United Rail Trans./Perry Cty. RR)/5042/70/X/Avenue I/East/2025/$3,750,000/-$53,560.00 Conrail c/o Tax Dept (United Rail Trans./Perry Cty. RR)/5088/60(66,122,123)/X/Avenue I/East/2022/$2,299,900/-$0.00 Conrail c/o Tax Dept (United Rail Trans./Perry Cty. RR)/5088/60(66,122,123)/X/Avenue I/East/2024/$2,151,700/-$43,669.85 Conrail c/o Tax Dept (United Rail Trans./Perry Cty. RR)/5088/60(66,122,123)/X/Avenue I/East/2025/$2,000,000/-$26,780.00 A&R Capital LLC/887/23/16-18 Oliver St/Central/2021/$1,590,000/-$0.00 A&R Capital LLC/887/23/16-18 Oliver St/Central/2022/$1,590,000/-$0.00 A&R Capital LLC/887/23/16-18 Oliver St/Central/2023/$2,840,000/-$0.00 A&R Capital LLC/887/23/16-18 Oliver St/Central/2024/$1,950,000/-$24,886.83 A&R Capital LLC/887/23/16-18 Oliver St/Central/2025/$1,800,000/-$16,570.64 Jose & Benito Lopez; 28 Cherry Street LLC/136/9/28-42 Cherry Street/Central/2016/$1,770,600/-$0.00 Jose & Benito Lopez; 28 Cherry Street LLC/137.01/120/29-39 River Street/Central/2016/$476,700/-$0.00 Jose & Benito Lopez; 28 Cherry Street LLC/137.01/13/842-862 McCarter Highway/Central/2015/$541,700/-$1,280.58 Jose & Benito Lopez; 28 Cherry Street LLC/137.01/13/842-862 McCarter Highway/Central/2016/$541,700/-$1,331.28 Jose & Benito Lopez; 28 Cherry Street LLC/137.01/13/B01/842-862 McCarter Highway/Central/2016/$111,000/-$0.00 Jose & Benito Lopez; 28 Cherry Street LLC/137.01/13/B01/842-862 McCarter Highway/Central/2015/$111,000/-$0.00 B8 McCarter Owner Urban Renewal LLC/829/10/2107-2143 McCarter Highway/North/2023/$5,000,000/-$130,480.00 ISUS (H&C Realty Assoc. LLC)/3791/112/590-638 Frelinghuysen Avenue/South/2023/$6,500,000/-$19,400.51 Jay & Sussex Company, LLC/2842/1/176-190 Sussex Avenue/Central/2017/$13,022,300/-$0.00 Jay & Sussex Company, LLC/2842/1/176-190 Sussex Avenue/Central/2018/$13,022,300/-$0.00 Jay & Sussex Company, LLC/2842/1/176-190 Sussex Avenue/Central/2019/$12,022,300/-$37,610.00 Jay & Sussex Company, LLC/2842/1/176-190 Sussex Avenue/Central/2021/$11,772,300/-$46,675.00 Jay & Sussex Company, LLC/2842/1/176-190 Sussex Avenue/Central/2022/$11,772,300/-$46,700.00 Jay & Sussex Company, LLC/2842/1/176-190 Sussex Avenue/Central/2023/$10,840,000/-$81,356.14 Bragaw Apartments LLC/3047/6/45-59 Bragaw Avenue/South/2020/$614,400/-$6,057.20 Joanne Johnson/2668/37(31,32,42,43,44,45)/241-265 Clinton Avenue/Central/2018/$913,900/-$0.00 Joanne Johnson/2668/37/T01(cell tower taken off the bldg.)/241-265 Clinton Avenue/Central/2018/$85,600/-$5,539.50 Adams Cornell; CDL Urban Renewal Corp./2806/16(17,18,19,20)/1191-1199 Mayor Gibson Boulevard/East/2021/$470,000/-$0.00 Adams Cornell; CDL Urban Renewal Corp./2806/16(17,18,19,20)/1191-1199 Mayor Gibson Boulevard/East/2022/$400,000/-$2,615.20 Adams Cornell; CDL Urban Renewal Corp./2806/21/1199- Mayor Gibson Boulevard/East/2021/$470,000/-$0.00 Adams Cornell; CDL Urban Renewal Corp./2806/9/65-71 Emmet Street/East/2021/$294,100/-$0.00 Adams Cornell; CDL Urban Renewal Corp./2806/9/65-71 Emmet Street/East/2022/$200,000/-$3,515.58 Additional Information: Total credits: $1,131,080.09

Introduced Mar 5, 2026· Finance
Adopted
Ordinance26-0282

AN ORDINANCE GRANTING A TWENTY (20) YEAR LONG TERM TAX ABATEMENT TO NAIMOR S ORANGE URBAN RENEWAL LLC, 90 WASHINGTON ST., SUITE 307, EAST ORANGE, NEW JERSEY 07017 FOR A PROJECT, LOCATED IN THE WEST WARD AT 753 AND 755-757 SOUTH ORANGE AVENUE, NEWARK, NEW JERSEY 07106 AND IDENTIFIED AS BLOCK 4208, LOTS 12, 13 & 14 ON THE TAX MAP OF THE CITY (THE “PROPERTY”), TO CONSTRUCT A NEW FIVE (5) STORY MIXED-USE BUILDING WITH THIRTY-SIX (36) RESIDENTIAL DWELLINGS UNITS ON THE 2ND THROUGH 5TH FLOORS. THE THIRTY-SIX (36) RESIDENTIAL RENTAL UNITS ARE INCLUSIVE OF TWENTY-EIGHT (28) MARKET RATE RESIDENTIAL DWELLING RENTAL UNITS WITH SIXTEEN (16) ONE-BEDROOM UNITS AND TWELVE (12) TWO-BEDROOM UNITS (THE “MARKET RATE UNITS”), EIGHT (8) AFFORDABLE HOUSING RESIDENTIAL DWELLING RENTAL UNITS, OF WHICH THERE IS ONE (1) ONE-BEDROOM UNIT AND ONE (1) TWO-BEDROOM UNIT WHICH SHALL BE RESTRICTED TO TENANTS UP TO 40% OF AREA MEDIAN INCOME (“AMI”), ONE (1) ONE-BEDROOM UNIT AND ONE (1) TWO-BEDROOM UNIT BOTH OF WHICH SHALL BE RESTRICTED TO TENANTS UP TO 60% OF AMI, AND TWO (2) ONE-BEDROOM UNITS AND TWO (2) TWO-BEDROOM UNITS WHICH SHALL BE RESTRICTED TO TENANTS UP TO 80% OF AMI (COLLECTIVELY, THE “INCOME RESTRICTED UNITS”), AND APPROXIMATELY 2,722 SF OF RETAIL/COMMERCIAL SPACE ON THE GROUND FLOOR (THE “COMMERCIAL/RETAIL UNITS”), ELEVEN (11) PARKING SPACES, A GYM, LAUNDRY ROOM, ROOF DECK, ELEVATOR, AND THREE (3) MECHANICAL ROOMS, (COLLECTIVELY, THE “PROJECT”) (WEST WARD).

Introduced Mar 3, 2026· Economic and Housing Development
Public Hearing, Second Reading and Final Passage
Resolution26-0278

RECOGNIZING AND COMMENDING Sponsored by President C. Lawrence Crump 1. Individuals honored during the Ghana Flag Raising 2. Individuals honored during the Women Who Clap Annual Awards Gala Sponsored by Council Member Amina Bey 3. Individuals honored during Councilperson for a day, March 4, 2026 4. GalleryRetail and Newark First Fridays on the Occasion of its 10th Season Sponsored by Council Member Dupré L. Kelly 5. Individuals honored during the “She Owns her Hustle” Entrepreneurship class 6. Yoell “BOYBOY” cOOPER Sponsored by Council Member Luis A. Quintana 7. Mujeres Valiosas y de Poder on the occasion of their Third Conference, “They Inspire Us” 8. Individuals honored during Goya Foods 90th Anniversary Sponsored by Council Member Anibal Ramos, Jr. 9. Lic. Gloria Roely Reyes Gómez Sponsored by Council Member Louise Scott-Rountree 10. Pastor Steffie and Lady Harriet Bartley, 24th Pastoral Pre-Anniversary Banquet 11. Pastor Dr. Fondrea L. Lewis, Celebrating 11 Years of Pastoral Servanthood and 30 Years of Evangelistic Ministry 12. Pastor Janel Tinsley York, Tenth Pastoral Anniversary 13. Pastor Jeffrey Bryan, Tenth Pastoral Anniversary/Revival 14. Individuals honored during the Continuing to Move Newark Forward "Remembering our Past Embracing our Future" - Black History Month Celebration 15. Individuals honored for faithfulness to Good Neighbor Baptist Church Sunday School 16. Reverend Dr. Allen S. and Lady Keeva Potts, 26th Pastoral Anniversary 17. Pastor Jalil Marrow, First Pastoral Anniversary 18. Tenisha Malcolm-Wint, LISA 40 Year Anniversary NJ Neighborhood Achievement Awards 19. Edna Reid, 95th Birthday Celebration 20. Individuals honored for their Dedicated Service to Newark’s Deaf Community 21. Individuals honored during the Ecuadorian American Chamber of Commerce of NJ - 16th Annual Tribute - International Women's Day “Exemplary and Extraordinary Woman 2026” 22. Individuals honored during the Jeep Coalition Legends Edition & Jeep Blessing 23. Individuals honored during the American Dream and TMI Consulting LLC - Get Ya Mind Right with Tamika McReynolds - Build By Her: Jersey Women’s Power Brunch 24. Good Neighbor Baptist Church Women’s History Month Celebration 25. Individuals honored during Women’s History Month 26. Individuals honored during the Let’s Talk Women’s Health and Wellness Symposium 2026 Sponsored by Council Member Michael J. Silva 27. Iodete D. Pereira

Introduced Mar 3, 2026· Municipal Council and City Clerk
Adopted
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