Tiffany Manor Associates, L.P. v. City of Newark

SMALL, J.T.C.

On June 19, 1991, plaintiff, Tiffany Manor Associates, L.P., and the defendant, City of Newark (“City”), entered into a financial agreement calling for an abatement of taxes and a payment in lieu of taxes to be made to the City of Newark pursuant to the provisions of N.J.S.A. 55:14K-37b (the New Jersey Housing and Mortgage Financing Agency “NJHMFA” Law). Tiffany Manor has made payments in lieu of taxes (“PILOT”) called for by the agreement for each year in which that payment was due. For the years beginning in 1994 and following, the City has billed Tiffany Manor for land taxes…