Prism Still Hot Topic at West Orange Council Meeting
Township Council gets some answers, but questions remain on project.
Once again, the historic Edison Battery Factory and its redeveloper, Prism Capital Partners, were the hot topic at The West Orange Township Council meeting, on Tuesday night. Prism was approved earlier this year to begin building a mixed residential-retail development on the site of the former Edison Battery building. Representatives of West Orange's Redevelopment Counsel, McManimon, Scotland and Baumann, LLC, and NW Financial, West Orange's redevelopment financial advisors, were on hand to provide an update on the project to the council and answer questions. One major concern addressed was the possible foreclosure by Wells Fargo. The council learned Tuesday the foreclosure was dismissed. The council was also told escrow accounts are up to…
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steve@murraystreet.com
11:25 am on Sunday, January 27, 2013
Amen! Thank You Mark Paulson and Gary Englert. It astounds me that some writers never have a good word to say about how someone else is doing the difficult jobs. more ›