Developer Threatens to Sue Jackson For $120 Million After Town Council Closes Overdevelopment Loophole
JACKSON, N.J. — Vito Cardinale, the principal developer of Adventure Crossing, has threatened to sue Jackson Township over an ordinance passed last year that blocks him from building 1,150 housing units at…
Fallout Leading Offshore Wind Developer Pulls Plug On Two Projects
Leading Offshore Wind Developer Pulls Plug On Two Projects Nick Pope on October 31, 2023 A major offshore wind developer announced that it is cancelling two major developments on Tuesday evening. Orsted,…
Governor Murphy Announces Legal Fight to Force Windfarm Developer to ‘Fulfill its Obligations’
NEW JERSEY, NJ – Governor Murphy pledged to initiate a legal fight against Danish wind farm developer Orsted after the company abruptly abandoned its Ocean Wind 1 project in New Jersey. The…
Former FBI Special Agent and D.C. Real Estate Developer Sentenced for Role in Bribery Schemes
WASHINGTON – David Paitsel, 42, a former FBI agent, and Brian Bailey, 53, a D.C. real estate developer were sentenced today on bribery and conspiracy charges…
Testa Bill to Address Developer Bribes in New Jersey
Sen. Michael Testa introduced legislation to address developer bribes in New Jersey after multiple reports of corruption have flown under the radar.…
Stocks for New Jersey’s Offshore Wind Developer Orsted Crash
ATLANTIC CITY, NJ – Orsted, the company tasked by New Jersey Governor Phil Murphy saw its shares plummet today in a sign of bad news to come for the controversial offshore wind…
Bucco Calls on Democrats to Answer For $1 Billion Bailout of Foreign Wind Developer After Company Reports Significant Earnings
Sen. Anthony M. Bucco blasted Democrats for approving a $1 billion bailout of foreign wind developer, Orsted, after a press release from the company indicated strong first half profits in their offshore…
After Democrat’s $1 Billion Bailout of Foreign Wind Developer, Bucco Renews Call for Offshore Wind Moratorium to Assess True Impacts to Ratepayers, Environment
Sen. Anthony M. Bucco called on legislators to return to Trenton and vote on a wind moratorium.…
Foreign Off-Shore Wind Farm Developer Now Suing Jersey Shore Communities
CAPE MAY, NJ – 0rsted, the offshore wind turbine company that just received a billion-dollar state bail-out to build a wind farm off the coast of South Jersey, is now suing multiple…
Durr Opposes Bill Redirecting $1 Billion of Ratepayer Relief to Foreign Wind Farm Developer
Sen.Ed Durr expressed his strong opposition to legislation that would redirect up to $1 billion from ratepayers to a foreign company that is building a disputed wind farm off the coast of…
Controversial New Jersey offshore wind developer Asking for more taxpayer funds
SEASIDE HEIGHTS, NJ – According to a Politico article by Ry Rivard, the Danish wind developer responsible for constructing New Jersey’s first industrial offshore wind farm is seeking additional funds from state…
Lawyer for Toms River’s Downtown Hi-Rise Developer Hosts Fundraiser for Mo Hill
TOMS RIVER, NJ – Two weeks ago, Toms River Mayor Maurice “Mo” Hill claimed Capodagli, Inc., the builder he sold a prime piece of real estate in Downtown Toms River to, for…
Selling Toms River School Property to Developer was ‘never an option’, Superintendent
TOMS RIVER, NJ – The land deal by the Township of Toms River to purchase a 17-acre tract of land near Silver Bay Elementary School was nothing more than a way for…
Developer seeks variance for minor subdivision for construction of duplex in Lakewood
LAKEWOOD, NJ – River Equities, LLC has submitted an application for Minor Subdivision, Conditional Use, and Bulk Variance approval of Lot 8 in Block 420.01, known as 450 River Avenue, to the…
We’re Concerned: Seaside Heights mayor speaks out on delays by 10-story building developer
SEASIDE HEIGHTS, NJ – For years it was one of the most iconic structures in Seaside Heights—a rusted-out steel framed skeleton of a building that was never built. Eventually, the building at…
Iraq war veteran to challenge Iranian-born developer in bid for Ocean County Commissioner
LAKEWOOD, NJ – United States Air Force Lt. Colonel Menashe Miller, a veteran of the Global War on Terror (GWOT) has announced he is challenging GOP-selected candidate Frank Sadeghi, an Iranian-born developer,…
General Contractor And Real Estate Developer Plead Guilty In Connection With Worker Death On Construction Site In Poughkeepsie
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ONEKEY, LLC, a New Jersey construction company, and its principal, FINBAR O’NEILL, pled guilty to willfully…
Non-Fungible Token (NFT) Developer Charged in Multi-Million Dollar International Fraud Scheme
A criminal complaint was unsealed today in federal court in Brooklyn charging Aurelien Michel, a French national residing in the United Arab Emirates (UAE), with defrauding purchasers of “Mutant Ape Planet” NFTs,…
Developer Sentenced to 4 Years in Federal Prison for Offering a Million-Dollar Bribe to Secure a $45 Million L.A. County Lease
LOS ANGELES – A real estate developer was sentenced today to 48 months in federal prison for offering to buy a million-dollar home for a Los Angeles County public official in…
Real Estate Developer and Attorney Both Admit to Multimillion-Dollar Mortgage Fraud Scheme
TRENTON, N.J. – A New Jersey real estate developer and attorney each admitted today to conspiring to orchestrate a mortgage fraud scheme that led to over $3.5 million in losses, U.S. Attorney…
Chicago Real Estate Developer Puts Fizz into A&W’s Growth Strategy with Plans for Five Restaurants
Lee and Karin Fry Reopening Former Burger King as an A&W Iconic brand focusing on Chicago as part of aggressive expansion plan Lexington, KY (-) After spending more than 30 years helping…