Downtown’s redeveloping irony.
Redevelopment plan stalls; Planning Board delays review of project’s second phase
On Thursday, the Planning Board was scheduled to review the final site plan for the project’s second phase — a five-story, 78,867-square-foot structure with 53 residential units and a food market on the site of the Tulane Street lot.
Called Building C, the new edifice will have 10 low- to moderate-income apartments.
. . . Meanwhile, a slight increase in the building’s size stirred up controversy at Tuesday’s Borough Council meeting.
At 78,867 square feet, Building C is substantially larger in size than what the Borough Council agreed to under the developer’s agreement with Nassau HKT. Because the basement is excluded from the calculation of square footage under site-plan approval standards, documents on file with the Planning Board consider the building’s size to be only 72,452 square feet. But that is still almost 5,000 square feet more than called for in the developer’s agreement. Building C, under the agreement, should be approximately 67,500 square feet and not greater than 56 feet in height.
. . . Robert Powell, principal with Nassau HKT, said the developer will adjust the compensation paid to the borough in the form of a lease payment for the Tulane Street lot to account for the increase in square footage.
While over 1000 residents petitioned the Council for referendum on the above project and were refused, now there’s Much talk, little chance of shifting school taxes; Borough Council members want to change the cost-sharing formula financing the regional school system. Money quote,
Councilman Roger Martindell suggested the council lobby the state Legislature to allow municipalities to pull out unilaterally from a regional school district by a municipal referendum
Ah, the ironies of life.