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Home prices keep climbing. It’s another reason to let people build housing. But corrupt politicians sometimes prevent that. The little town of Edgewater, N.J., sits right across the Hudson River from Manhattan. A developer, Maxal Group, bought a dump site there and proposed building more than a thousand new waterfront
Home prices keep climbing. It’s another reason to let people build housing.
Lawyer claims council members benefited from turning down one developer and supporting another in New Jersey.
Home prices keep climbing. It's another reason to let people build housing. But corrupt politicians sometimes prevent that. The little town of Edgewater, New Jersey, sits right across the Hudson River from Manhattan. A developer, Maxal Group, bought a dumpsite there and proposed building more than a thousand new waterfront apartments. The town said no. Why? The development would generate $12 million a year in taxes for Edgewater. To please the politicians, Maxal even offered to build parks and a school at no cost.
But corrupt politicians sometimes prevent that. The little town of Edgewater, New Jersey, sits right across the Hudson River from Manhattan. A developer, Maxal Group, bought a dumpsite there and proposed building more than a thousand new waterfront apartments. The town said no. Why? The development would generate $12 million a year in taxes for Edgewater. To please the politicians, Maxal even offered to build parks and a school at no cost. But Edgewater Mayor Michael McPartland and his town council rejected the parks, school and extra tax revenue. Instead, they spent tax money on lawyers to t...