Kearney Realty Site Development Agreement Amendment and PILOT Agreement
Description
The Council was scheduled to consider an amendment to the site development agreement with Kearney Realty & Development Group plus a PILOT agreement — the tax deal that goes with the project.
Impact summary
Brings long-term affordable housing to Newburgh, with a first-priority right of return for families displaced by urban renewal and priority hiring.
Applicant
- Name
- Kearney Realty & Development Group, Inc.
At a glance
- Hearings
- 4
- Public comments
- 0
- Total mentions
- 4
Last vote · City Council
Last discussed May 11, 2026.
Meeting timeline (4)
City Council - May 11, 2026
The council approved the amended site development agreement (5-1, Shakur opposed) and the PILOT tax agreement (6-0) for Kearney's affordable housing project, framed as 'development without displacement.'
City Council - May 7, 2026
A redevelopment deal for three city properties stays tabled until Monday, now including MWBE community-benefit terms and a rental-license maintenance requirement in the PILOT.
City Council - Apr 27, 2026
A second amendment to the city's site development agreement with Kearney Realty for the transfer and redevelopment of three properties on Smith and Montgomery Streets was on the agenda.
City Council - Apr 23, 2026
The council was scheduled to review an amendment to its site development agreement with Kearney Realty & Development Group and a proposed PILOT (tax-incentive) agreement tied to the developer's project.
Related issues (3)
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