City of Newark Meeting Agenda 2026-06-17
James Street Redevelopment Assigned to Summit St. Group
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Description
The City of Newark authorized a First Amendment, Assignment and Assumption of its sale and redevelopment agreement for 110 James Street, transferring developer rights from Mission Realestate Projects, LLC to Summit St. Development Group, LLC at a land sale price of $10,459.40. The resolution formalizes the new redeveloper’s obligations for the project.
Contract Details
Contract Amount
$10,459.40
Vendor
SUMMIT ST. DEVELOPMENT GROUP LLC
Agency
City of Newark, NJ
Contract Type
OTHER
Document Date
June 17, 2026
Renewal Info
Agreement is assigned to a new redeveloper; original performance deadlines and terms continue unless separately modified.
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