Posted on

Hackensack City Council Rescinds Three Developer Tax Breaks Amid Fierce Debate

sears

the staff of the Ridgewood blog

HACKENSACK, NJ — In a major move signaling a shift in the city’s development strategy, the Hackensack City Council voted on August 11 to rescind three financial agreements—known as PILOTs (Payments in Lieu of Taxes)—granted to developers by the previous administration just weeks before leaving office.

Continue reading Hackensack City Council Rescinds Three Developer Tax Breaks Amid Fierce Debate