City of Newark Awards Tax Abatement Contract to 449 Washington Street Urban Renewal (May 2025)
- Approved
- May 13, 2025
- Term
- 30 year
The 30-second brief
A thirty-year tax abatement has been granted to 449 Washington Street Urban Renewal Co., LLC for a new five-story building with 20 residential rental units, half of which will be affordable housing.
449 Washington Street Urban Renewal holds this tax abatement contract with City of Newark.
Term as filed: 30 year.
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Contract details
- Contract type
- Tax Abatement
- Document date
- May 13, 2025
- Term
- 30 year
- Agency
- City of Newark
- Source document
- city-of-newark-municipal-council-meeting-agenda-may-13-2025_27d.pdf (Agenda)
449 Washington Street Urban Renewal's other public contracts
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Questions about this contract
Who was awarded the tax abatement contract by City of Newark?
449 Washington Street Urban Renewal was awarded this tax abatement contract by City of Newark, as recorded on May 13, 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-municipal-council-meeting-agenda-may-13-2025_27d.pdf (Agenda), dated May 13, 2025 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does 449 Washington Street Urban Renewal hold?
449 Washington Street Urban Renewal may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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