Cottage Place assignment and extension
Description
Assignment, assumption and extension tied to Wynn Companies' purchase and planned renovation with NJ HMFA financing.
Impact summary
Keeps an existing affordable building funded and on track through an ownership change.
Applicant
- Name
- Wynn Companies
- Address
- Cottage Place, Newark, NJ
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Recorded in the meeting · City Council
Last discussed May 5, 2026.
Meeting timeline (2)
Municipal Council — May 5, 2026
Assignment, assumption and extension tied to Wynn Companies' purchase and planned renovation with NJ HMFA financing.
Municipal Council — March 17, 2026
The current owner is selling to a new entity; the council's approval of the financial agreement assignment is required to keep the state HMFA funding, with nothing changing about the building's affordability.
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