Linden, New Jersey redevelopment project hits series of pit falls, costing taxpayers (Star Ledger)

December 30, 2012 – It was supposed to be the next Hoboken, Morristown or downtown Jersey City — a commuter village where young professionals would live affordably in apartments beside the train station and travel to New York City, Newark or further south. But more than a decade since Linden launched the South Wood Avenue Redevelopment project — a block of proposed apartments, restaurants and office space — the area is still a vacant parcel of land. It’s been delayed, officials say, by lawsuits and economic woes. The delay has cost $2 million to Linden taxpayers, who have had to pick up the tab in lieu of revenue from the project that was never realized.

Link to Full Article:


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s