City council adopts PILOT agreements - Hudson Reporter

Hudson Reporter
Bayonne Council adopts PILOT agreements
They will be reviewed by advisers to ensure their success
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The Bayonne City Council has approved a number of payments-in-lieu-of-taxes (PILOT) agreements with multiple developers.
At the meeting last month, City Council President Sharon Ashe-Nadrowski said that the city has a new policy of reviewing financial agreements with financial advisers to ensure the agreements benefit the city.
East 23rd Street
The council adopted an amendment to the PILOT agreement between the city and Parkview Realty Urban Renewal LLC for 101 East 23rd Street. Parkview is constructing a 180-unit residential building that will be part of the Avenue G transit village.

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