We are considered experts in processing long term tax abatements in Urban Redevelopment and Enterprise Zones. The ability to reduce the tax burden on your project is an essential segment of your marketing plan as you will gain a marketing advantage in leasing, apartment rentals and accomplish a sellout or lease up in a much shorter time line. However, obtaining a Tax Abatement before construction begins is essential as moving forward with construction or demolition may disqualify your project to be eligible for a Tax Abatement in accordance to State Statutes or by Local Ordinances. Contact us before you start demolishing or building your project.
As of this writing we have not been denied a Tax Abatement on an application we submitted to a Municipality. Our success includes approximately 4,000 residential units in addition to 350,000 square feet of commercial space saving our clients over $40 Million in tax abatements such as the properties identified below.
Port Liberte: a waterfront community planned for 2,500 residential units, a Hotel, a Marina and a Strip Center located on Hudson Bay in Jersey City, New Jersey.
Portside: a mixed use hi-rise community of 550 residences and 60,000 sq. ft of condominium commercial space situated on the Morris Canal in Jersey City, New Jersey.
Clermont Cove: a 119 condominium mid-rise along the Morris Canal in Jersey City, New Jersey
Ocean View: a 220 unit condominium fronting on the Atlantic Ocean Waterfront in Asbury Park, New Jersey.
Onyx (presently now the Windsor Apartments) a 325 unit residence located along the light rail in the Paulus Hook Historical community in Jersey City, New Jersey
If you are considering developing a property in an Urban Redevelopment or Urban Enterprise Zone Contact Us without obligation to obtain further information on our tax abatement services.
To view MAC Professional Urban & Tax Abatement Services Click Here
To view our Urban and Multifamily Rental Properties Click Here
Clermont Cove Condominium
Port Liberte on the Hudson River
Windsor Apartments (Onyx)
Disclaimer
The above services may be enhanced, modified or discontinued without notice however; we update our website on a continuing basis and make corrections, ad new services or modify the geographical areas in which we perform these services. Presently our consulting, advisory, marketing and brokerage services service areas are New Jersey, New York, Delaware and Pennsylvania. Our tax abatement services are for the most part performed in urban communities for re-redevelopment properties and in Urban Enterprise Zones.
