Tag: payments in lieu of taxes

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American Dream Mall Ordered to Pay $13M in PILOT Fees to Meadowlands Towns

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the staff of the Ridgewood blog

East Rutherford NJ, a Bergen County judge has ruled that American Dream Mall was fully open for business when it welcomed visitors in 2019, delivering a legal victory to Meadowlands municipalities seeking $13 million in unpaid payments-in-lieu-of-taxes (PILOT).

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Financial Incentives Fuel Hackensack’s Transformation of it’s Downtown

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the staff of the Ridgewood blog

Hackensack NJ, the City of Hackensack has seen a massive influx of development that has transformed the city’s downtown in recent years. The development has been made possible by Financial incentives.

Continue reading Financial Incentives Fuel Hackensack’s Transformation of it’s Downtown