The Lackawanna PILOT Series
A structured analysis of the PILOT agreement; including its structure, who ultimately benefits, and the long-term impact on Montclair residents.
Part 1
Lackawanna PILOT - Part 1: From Public Pockets to Private Profits
Montclair’s tax concessions and zoning approvals are creating substantial value for the Lackawanna redevelopment. A closer look at the proposed PILOT agreement reveals key provisions that prioritize Developer cash flow and investor returns over residents’ participation in that value.
Part 2
Lackawanna PILOT - Part 2: Residents Pay While Investors Collect
The accounting tactic that allows the Developer to expense the Township for the entire project — not just the lost income associated with the Affordable units.
Part 3
Lackawanna PILOT - Part 3: What the Statute Says and What It Doesn't
A closer look at what the statute actually allows and whether the full range of options has truly been presented.
Get the next piece.
New analysis as it publishes. Ways to get involved. No noise.
By entering your email and clicking "Submit", you agree to receive email updates from Roddy for Montclair. You can opt out at any time. See our Privacy Policy and Terms for more info.