Tax Abatement Amended for Newark Development Project
City of NewarkCity · Newark, NJ- Document date
- Oct 7, 2025
The 30-second brief
Ordinance to amend the tax abatement for KSPG 39 Madison Urban Renewal LLC for project at 41 Madison Street, Newark, NJ. This revision is due to the developer seeking a mortgage loan to refinance existing debt.
Kspg 39 Madison holds this tax abatement contract with City of Newark. Its other public contracts on record include work for City of Newark Water & Sewer.
See every contract and contact at City of Newark.
See every contractFree account · 30-second setup · No credit card
Contract details
- Contract type
- Tax Abatement
- Document date
- October 7, 2025
- Term
- NA
- Vendor
- Kspg 39 Madison
- Agency
- City of Newark
- Source document
- city-of-newark-special-meeting-agenda-october-7-2025_b58.pdf (Agenda)
Kspg 39 Madison's other public contracts
More City of Newark contracts
Questions about this contract
Who was awarded the tax abatement contract by City of Newark?
Kspg 39 Madison was awarded this tax abatement contract by City of Newark, as recorded on October 7, 2025.
What type of contract is this?
This is a Tax Abatement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-newark-special-meeting-agenda-october-7-2025_b58.pdf (Agenda), dated October 7, 2025 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Kspg 39 Madison hold?
Kspg 39 Madison may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
Show 1 more question
What is City of Newark currently buying?
Explore City of Newark's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.