After a closed session at the end of last night’s municipal meeting, council unanimously approved the amendment to the redeveloper’s agreement for the property locally known as the Romerovski property.
A little after 11 p.m., the governing body came back into open session for the public from their executive session and, without comment or discussion, voted for the amendment to alter the agreement that was originally made in 2009 after the municipality reached a settlement with the developer to stop a builder’s remedy lawsuit.
The amendment has officially removed AvalonBay Communities as a member of the limited liability company and was replaced by Fernmoor Homes. Seven months ago, the developer out of Jackson, New Jersey introduced itself and its plan for the Romerovski property at a Mayor & Council meeting.
The proposed plan is for a 218-residential unit apartment complex with 33 of them being affordable housing units. This number is down from the original concept of 249 apartments. There is no commercial space reserved for this project.
Fernmoor Homes is now the new partner of Roselle Park VP LLC with Israel Braunstein, the owner of the property at 430 West Westfield Avenue by the train overpass.
Resolution 323-18 was postponed twice – once due to council requiring more information and the second time due to snow.
The amendment also extends the deadline to begin construction from December 31, 2018, to December 31, 2020.