Queens-based W & L Group purchased the property in May for $70 million, according to the property’s deed.
One of the last remaining pieces of undeveloped waterfront properties in Weehawken
— a site recently purchased for $70 million — is expected to receive a 20-year tax abatement from the township to kickstart development. The fenced-off, overgrown property at 1800 Avenue at Port Imperial was approved years ago for a building with two condominium towers that has yet to materialize. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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