Councilman Ed Johnson said the shut down only highlights the need for
a dispute resolution agreement for all development projects in the city.
He said he believed all development projects in the city should be
subject to performance guarantees and requirements and developers not
meeting those requirements should pay penalties.
"If things are not being done according to a timetable, what do we do
to protect the people of Asbury Park," Johnson said.
Johnson admits that developers were caught up in the economic downturn
and collapse of the housing market, but believes that residents should
have some protection.
Johnson also said that delays in construction of the Esperanza, due to
waiting for CAFRA permits and having the state perform inspections
instead of the city, may have impacted sales.
"It turned so fast, but there were delays that were completely
unnecessary," Johnson said.
"The economy changed and the housing market changed, but that is not
the fault of the people of Asbury Park," Johnson said.
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