Monday, May 12, 2008

Erickson: The NJ Developments

Erickson Retirement Communities has two developments already up-and-running in New Jersey.

Cedar Crest in Pompton Plains (Morris County) is described as located "up the mountain."

and Seabrook in Tinton Falls (Monmouth County) is described by a Tinton Falls resident as "off by itself near the outskirts of town...Mostly woods around it."

These two developments are similar in size to the one that Erickson is hoping to propose in Hillsborough, but unlike these two the Hillsborough development would have 4-or-5-story buildings as close as a few hundred feet from the nearest homes.

Okay all you real estate moguls, what are the three most important things about a property? Location, location, location.

And the location can be good. Or really, really bad.


Val said...
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Val said...

Are you saying that you don't think building a group of 4 or 5 story residential-use buildings in a commercial zone, on a site that is precariously close to the Millstone River basin area where flooding is already an issue, casting shadows across an airport safety zone at its easterly border, and looming ominously over the 1 and 2 story houses on its northern border is a good location? What are you? Some kind of liberal tree-hugging anti-development shill?