Real Estate attorneys George Garcia, Thomas Leane, and Rebecca Maioriello assisted their client in securing a 30-year tax abatement for the rehabilitation of an existing four-story multifamily building containing 67 affordable residential units for senior citizens in Jersey City under the New Jersey Housing and Mortgage Finance Act of 1983, as amended and supplemented N.J.S.A. 55:14K-1, et. seq.
On April 9, 2025, the Jersey City Municipal Council adopted legislation approving the 30-year tax abatement and the execution of a Financial Agreement.
