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major development project on Hoboken's Western Edge is one step closer to reality, but the controversy surrounding it shows no signs of abating. The Hoboken City Council has approved a settlement allowing Pegasus Partners to move forward with its 1,000-unit project, which will include 1,001 multifamily units, 50,000 square feet of retail space, and a $3 million community benefit payment.

    The settlement was reached after months of litigation between the developer and the city, as well as neighboring Union City. While the agreement reduces the amount of office space and retail space compared to the original proposal, it also allows Pegasus to build up to 18 stories tall, higher than previously permitted.

    However, officials from Union City remain opposed to the development, citing concerns over building height. The city plans to pursue legal action against Hoboken over the project. Meanwhile, tensions between Hoboken's mayor and a council member have come to a head, with accusations of racism flying back and forth.

    Despite the controversy, the Western Edge is on the cusp of significant change. Another developer, Madigan Development, is seeking approval for a 700-unit project on Monroe Street. The city will continue to grapple with the implications of this development, including potential rent increases and the impact on local residents.