New Princeton Post Office Opens on Nassau Street
After a few delays, the new U.S. Post Office at 259 Nassau Street opened today, Nov. 9.
The new post office replaces the Palmer Square location, which is being sold to a developer. The U.S. Postal Service is selling post offices across the country as it downsizes.
Developer LCOR Ventures has purchased the Palmer Square property and plans to use the space for a restaurant or retail stores.
The new post office entrance is located on the side of 259 Nassau Street and was once a laundrymat. The post office will share space with a 7-Eleven. Renovations are still being done to the front of the building for the convenience store.
Krystal Knapp is the founding editor of Planet Princeton. Follow her on Twitter @krystalknapp. She can be reached via email at editor AT planetprinceton.com. Send all letters to the editor and press releases to that email address.
On 2009 the downtown Princeton Post Office building was evaluated at $2,000,000
Just saying because some people were hit by *huge* property tax increase because of this.
There were no property taxes increased or decreased by a property that isn’t taxed and hasn’t been taxed. No clue what you’re talking about. However, it will be nice to have property taxes paid by the new owner. Of course, a $2 million assessment is only $30k annually, not material to Princeton or an individually taxpayer.
Do you really think that 11000 sq ft of prime space in downtown Princeton was properly assessed to only $2 million?
Of course not. The whole assessment process was a big blow to all of us.
Well, that’s what is has sold for for to the developers, so the market has spoken!