Wednesday, January 7, 2015

Legacy Schering-Plough Morris Avenue Campus Very Likely To Stay On NJ County Tax Rolls

Just closing out the Kean University matter -- in Union township, New Jersey here. The Kean family/University interests may file an appeal, but it isn't likely to prevail now, in my estimation. Back in November 2014, after two hours of motion practice in the Superior Court, the matter was taken under advisement. Elizabeth (NJ) Superior Court Judge Katherine Dupuis was expected to rule shortly after Christmas. Now she has -- my more complete backgrounder, here.

Per, reporting on a January 5, 2015 Superior Court holding:

. . . .A Superior Court judge has thrown out Kean University’s claim that it is entitled to the former Merck property, apparently opening the way for redevelopment of the 46-acre tract for commercial use that will keep the land on Union Township’s property tax rolls. . . .

The decision, Union Mayor Manuel Figueiredo said in a statement, "is a welcome relief to taxpayers throughout the township and the county. I am hopeful that today's court decision will be instrumental in allowing Kean University leadership to get back on a more thoughtful, productive course with Union Township. . . ."

Minus 40 windchills here this morning. . . bundle up. This is good news for Union, New Jersey -- and its public schools, roads, bridges and garbage collections.

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