Business and city leaders are touting the recent opening of a 23-story apartment building as a major win in the effort to bring more people into downtown San Jose. Representatives of Boston-based developer Morro, San Jose Downtown Association leaders and Mayor Matt Mahan earlier this month celebrated the opening of The Fay at 10 E. Reed St. — a 336-apartment high-rise complex marketed as luxury apartments. City officials approved almost $10 million in tax cuts for the project, which Mahan said incentivizes developers to invest in downtown San Jose. “Get the investment, get the housing, the residents, all that vibrancy…
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