Thursday, December 13, 2012
Proceeds will be split between the Army and FMERA, which will reinvest the funds into the redevelopment of the fort.
Officials have accepted a deal with Oceanport's largest company to build its new headquarters on Fort Monmouth property of Tinton Falls. The deal will be the first sale of property at the fort. Fort redevelopers Wednesday night passed an amendment to a purchase-sale agreement with CommVault for a parcel of land in in the Charles Wood section of Tinton Falls where the data management firm will build it's new global headquarters. The property sale is set to close sometime in January at a sale price of $5.9 million, down from a previously agreed price of $6.1 million. The reduction is reportedly due to increased costs CommVault took on in its due diligence process, bringing in engineers of various fields to inspect the property. The Fort …
Thursday, October 18, 2012
Former Fort Monmouth's motor pool will be the new home of the county's public works department and 13 of its vehicles.
Even as some residents remain angry, county and local officials are holding up a recent negotiation over a former Fort Monmouth property as an example of collaboration verses parochialism. On Wednesday the board of the Fort Monmouth Economic Revitalization Authority approved a resolution to lease the former Fort Monmouth motor pool as the new home of the county's department of public works. About a dozen Eatontown residents came to voice their anger over what they see as a quality of life issue in their backyards. Despite the opposition, a resolution to award a lease of the property to the county was approved by all members of the board, except Eatontown Mayor Gerald Tarantolo, who abstained pending environmental concerns raised by …
Thursday, July 19, 2012
Economic Revitalization Authority enters lease with Army for office space on fort property
What began as a routine approval of a short term lease agreement with the Army for office space on Fort Monmouth property turned into a protracted discussion of transparency Wednesday night. The Fort Monmouth Economic Revitalization Authority moved to approve a lease agreement that would turn the former post library into office and meeting space for the local redevelopment authority. But when Eatontown resident Bob English asked about the security plan for public access when the revitalization authority holds its public meetings there, he touched off a hot button issue for many who wonder, as one resident put it, "what is happening behind the curtain." Shrouded in confidential real estate dealings and state government processes that differ…
Ed Dlugosz
11:55 pm on Friday, October 19, 2012
Don't laugh! It was one of the proposals that came in for the imposing 5-story Myers Center, aka the Hex, in Tinton Falls. Beside it being obsolete, plumbing with residue of the hexavalent chromium/other heavy metals and solvents, it has so many secret passages and subfloors, the prisioners would love it. more ›