Jersey City News
Council Narrowly Approves New Tax Abatement For Developer In Struggling Neighborhood Critics Call It A Bailout

It was called a bailout and a doublestandard a deal for a friend and unjustifiable but only by four council members out of nine. And so Hudson Palisade Urban Renewal LLC the owners of the once dilapidated but now fixed up 70 year old building at 325 Palisades Avenue got their new tax abatement that they say will save the building. (Read more at JC Independent)