--- In AsburyPark@yahoogroups.com, "oakdorf" <oakdorf@...> wrote:
>
> 2. What if they want to and can recapture a major portion of their $ by
> working the infill area first - selling off those rights/land to a
> subdeveloper? That would mean the ED may be used and they can fill in from
> grand then head east. It's kind of the way when things were hot, Long Branch
> sold out their condos - built west then headed east. Lots of buys do this -
> saving the best for last.
>
That is way off base.
It is not possible to 'work the infill area'...
There are no development rights associated with that area...
It is not a Redevelopment Area...
Eminent Domain (for redevelopment) can not be used there.
Werner
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