Newark, New Jersey: Newark may soon have a new place to store and repair city vehicles.
The Newark City Council will vote on an ordinance at its meeting on August 3 which would allow the City to lease 52-90 Amsterdam Street, off of Magazine Street, in Newark's East Ward. Property owner 52 Amsterdam Newark, LLC, based in Watchung, Somerset County, would construct three new buildings for use as the City of Newark's Fleet Operations and Vehicle Repair/Storage Center, should the project be approved.
According to a legal notice, the City plans to lease the property from the landlord for 25 years for up to $4,725,000 for the first year and up to $7,599,000 by the 25th year.
Currently, the property is a vacant lot, but according to the EPA, it used to be used for fertilizer manufacturing. From 1930 to 2001, dyes were manufactured there, according to the New Jersey Department of Environmental Protection, and due to contamination at the site, the land required remediation.
The tract is in an industrial area between Routes 1/9 and the New Jersey Turnpike.
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