TOMS RIVER, NJ – Mayor Dan Rodrick has killed a plan to build a proposed massive ten-story apartment skyscraper in Toms River. After years of opposition, Rodrick announced today that the builder is now in default;t and has terminated the agreement signed by the previous administration.
“I would like to announce that my administration recently terminated the High-Rise Development Project Downtown at the site of the old Red Roof Inn,” Mayor Rodrick said. “We began taking legal action against the developer of tower projects in early May. Capodagli Properties, the developer of the towers, did not have their permits in place by the contractual deadlines. This was not the first time the developer missed those deadlines.”
Rodrick has of...