Township Reviews Tax Break Request for Senior Housing Project at Former Telecom Site

The township committee is reviewing a request from Community Healthcare Associates for tax incentives on a proposed senior housing development. The project involves repurposing the former Vonage telecom headquarters, which has been vacant amid declining office space demand post-pandemic. The company is seeking a Payment In Lieu Of Taxes (PILOT) agreement to facilitate project financing. Critics express concerns the tax breaks could limit local school district revenue. The discussion centers on balancing incentives for senior housing development with potential impacts on municipal and educational budgets.