Parking Authority Inks Deal for Ballet Space at New Brunswick Performing Arts Center
August 28, 2017Tapinto
NEW BRUNSWICK, NJ — When the much-anticipated New Brunswick Performing Arts Center rises from the rubble of two old theaters on Livingston Avenue, the city Parking Authority will control a greater portion of the project than first thought.
The authority's Board of Commissioners approved a resolution last week, at its Aug. 23 meeting, that will ultimately secure its ownership of a 4,200-square-foot ballet rehearsal space. The authority did this by striking a development services, purchase and sale agreement with the redeveloper, a subsidiary of the New Brunswick Development Corporation, better known as Devco.