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New Jersey awards Jersey City apartment project $64 million in tax credits

Bayfront project slated for huge redevelopment site
Bayfront Promenade will include 10,600 square feet of commercial and retail space. (City of Jersey City)
Bayfront Promenade will include 10,600 square feet of commercial and retail space. (City of Jersey City)
CoStar News
January 27, 2025 | 7:11 P.M.

The New Jersey Economic Development Authority has awarded up to $64 million in tax credits to the first building planned for Jersey City, New Jersey's Bayfront redevelopment, considered transformative for the city.

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