Princeton Seminary Redevelopment: Council Introduces Tax Exemption, PILOT Ordinance
PRINCETON, NJ – Council on Monday introduced an ordinance that approves an application for tax exemption and PILOT agreement with the redeveloper of the former Princeton Seminary property. HP 108 Stockton Urban Renewal LLC plans to build a multi-family residential development of 240 units, which includes 48 affordable housing units. The development will also have …
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