Hudson Reporter
Hoboken and Ironstate deal progresses
Council adopts redevelopment agreement; introduces plan amendments
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Under the proposed plan amendments, the Public Works Garage will be redeveloped into a roughly 16 stories tall building with ground floor retail space.
The Hoboken City Council has adopted a resolution in favor of the redevelopment and land swap agreement between the city and the developers of the embattled Monarch site as well as plan amendments to the Public Works Garage site.
The latest iteration of the agreement between the city and Ironstate Development includes the transfer of both the Monarch waterfront property and 1.45 acres of land at 800 Monroe St. to the city from Ironstate for public open space.