You have reached an archive page. Blogger.com has ended support for FTP based blogs and New York's Sixth is migrating to WordPress. These pages are only maintained as an archive. For updated content, visit New York's Sixth.com




Tuesday, July 12, 2005

2,243 Condos To Recieve Tax Abatement

The ancient Jersey City Medical Center, a prominant feature of the Jersey City's Western Skyline is set to be converted to market rate condos and retail space. The city council is about to approve a 30 year tax abatement for the project.

Is this a sign that gentrification is headed the western reaches of our city or will this project merely be an island of wealth in the sea of urban decay? We tend to think that city planners are right in thinking the project could spur development, but other problems are likely to rise.

Unlike the downtown, Baldwin Avenue is rather far from a PATH terminal or light rail. With 65,000 square feet of retail space planned, the stores will need customers coming from beyond the local pedestrian community: ultimately, the project will be bringing a significant influx of vehicle traffic to the area.

0 Comments:

Post a Comment

<< Home



About New York's Sixth

New York's Sixth is a blog for the forgotten, de facto borough across the river featuring original content, commentary, and information relevant to living in Downtown Jersey City / Hoboken.


Advertise

Advertise on New York's Sixth through Google Adwords

Technology

Powered by Blogger
















All original content copyright 2005, 2006, 2007, 2008 to Ian MacAllen, unless otherwise attributed. For more information, contact ianmac47@hotmail.com



ianmacallen.com | Annex | Archive