ApprovedOther
KS Nova Towers Aspire tax credit project
Description
The council endorsed the developer's application for state Aspire tax credits supporting a $324 million project on William Street downtown.
Impact summary
State tax credits would help finance a major downtown development; the city contributes no direct funds.
Applicant
- Name
- KS Nova Towers Urban Renewal LLC
- Address
- 16-34 William Street, Newark, NJ (Block 94, Lots 1, 3 and 6)
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · City Council
Approved9–0, unanimous
Last discussed May 6, 2026.
We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.
The weekly brief for Newark
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.