Hudson Reporter
Hoboken and Ironstate deal progresses
Council adopts redevelopment agreement; introduces plan amendments ×
Under the proposed plan amendments, the Public Works Garage will be redeveloped into a roughly 16 stories tall building with ground floor retail space.
The Hoboken City Council has adopted a resolution in favor of the redevelopment and land swap agreement between the city and the developers of the embattled Monarch site as well as plan amendments to the Public Works Garage site.
The latest iteration of the agreement between the city and Ironstate Development includes the transfer of both the Monarch waterfront property and 1.45 acres of land at 800 Monroe St. to the city from Ironstate for public open space.
The Council on Aging will be hosting a Meet n Greet the Candidates event at 6:30 p.m. Thursday, May 6, at Old Town Hall, next to the Department of Public
Hudson Reporter
Hoboken council adopts revised Monarch settlement
Agreement earns mixed reviews from the public ×
Hoboken and Ironstate Development will enter into an agreement that will prevent two 11-story towers, known as the Monarch, from being developed on the northern waterfront.
After years of litigation, Hoboken and the developers of the controversial Monarch project may come to an amicable solution now that the Hoboken City Council has adopted a resolution approving a new settlement agreement.
The agreement with Ironstate Development will prevent two 11-story high-rises on Hoboken’s waterfront from being built, provide the city with roughly 1.5 acres of open space, and relocate the city’s Department of Public Works Garage.
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