A Developing Story in Teaneck

I took this picture this morning at the corner of State Street and Teaneck Road.

In the foreground on the left is the pre-war apartments by Lozier Place.
On the right in the background is 1500 Teaneck Road.

Both appear very similar in height and other than the new materials, neither looks like a stark departure from what is already found in the area.

The 1500 Teaneck Road project (see schematics here) will add approximately $1,160,000 in taxes each year, with additional money going towards municipal open space.

It will also create 23 new affordable housing units (1-bedroom (4), 2-bedroom (14) and 3-bedroom (5).

It will also contain 435 parking spaces.

(additional info can be found here)

Of note is the previous condition of 1500 Teaneck Road.  Notice the numerous broken windows in the dilapidated structure that lined the neighborhood for years and years.

This is a wonderful addition to the community, will create foot traffic for our business districts and make Teaneck a more desirable place to live.

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