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Jersey City council approves tax abatement for museum plan

The council votes 6-3 in favor of a 30-year tax abatement for a Centre Pompidou outpost

Aired 09/26/2024

NJ Spotlight News

Jersey City council approves tax abatement for museum plan

Clip: 9/26/2024 | 5m 21sVideo has Closed Captions

The council votes 6-3 in favor of a 30-year tax abatement for a Centre Pompidou outpost

Jersey City council members engaged in heated debate Wednesday during an hours-long meeting about a new proposal to bring Centre Pompidou to Jersey City. The council voted 6-3 to approve an ordinance granting a 30-year tax abatement for the KRE Group to develop an outpost of the French art museum and put nearly $2 million into the city’s Affordable Housing Trust Fund.

Aired 09/26/2024

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