Perryville
Real Estate
Seven-story student apartment complex proposed for South Chapel Street
A New Jersey-based developer is proposing to build a seven-story student housing complex on South Chapel Street. The project, filed with the city last month, calls for building a T-shaped building at 87 S. Chapel St. The front of the building would be South Chapel Street, while access to the parking garage would be on Continental Avenue. The 1.6-acre site would combine three parcels on South Chapel Street and Continental...
Proposed rental tax impacting UD, area landlords 'tabled indefinitely' in Newark
Yes, Newark is still talking about taxes. Particularly, it has been on the search for revenue generators that tap on its neighbor, the University of Delaware. Since the beginning of the year, its governing council has passed two resolutions seeking to amend Newark's charter, giving the municipality authority to execute a "per-student tax" on universities, as well as taxes on lease revenue in the city.
Newark backpedals on new rental tax impacting area landlords, University of Delaware
Newark has been dialed-in on taxes lately. Particularly, new revenue generators for the city that tap on its scholastic neighbor, the University of Delaware. This year, the governing council has passed resolutions seeking to amend Newark's charter, giving the municipality authority to execute a "per-student tax" on universities, as well as taxes...
12 townhouses proposed for Lovett Avenue
A developer is proposing to build 12 new townhouses on Lovett Avenue, continuing that area’s transition from single-family homes to large student-focused rental complexes. Developer Nick Baldini’s proposal spans both sides of Lovett Avenue near the intersection of Benny Street. On the north side of the road, he is proposing to build eight townhouses in place of a parking lot and two rental homes at 118 and 120 Lovett Ave....
Newark moves forward another tax impacting University of Delaware, through rentals
Newark's next tax proposal lands on rentals. The council passed a resolution 6-to-1, appealing to the state Legislature to amend Newark's charter to give the city the authority to tax lease revenues, despite hours of comment largely against the proposal. This pattern follows a February move to seek a "per-student tax" to be...
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