Tue, 09/30/2008 - 8:41am

1/3 are already sold huh?...let see the proof...even the most credit worthy buyers are going to have a hard time securing financing...of course 1/3 are already sold....to the builder....come on....have you seen the state Wildwood as a whole is in...it is horrible...NONE if those units are sold...Adverttising at its best....

Tue, 08/05/2008 - 2:00pm

it is hard to see how these condos will sell. i hope the developer has very deep pockets because he will have to carry this property for a few years; or at least i hope his banks won't foreclose. i also hope it is successful, for the areas sake.

Mon, 07/14/2008 - 12:10pm

While the building is LARGE, a major concern is beach access along E. Rochester Avenue. A major safety concern is that horrible dilapidated broken-down boardwalk off E. Rochester. Every other complex has a beach access point that has a beautifully well maintained trek-type boardwalk from the street in about 500 feet. If the developers want to make friends with the current owners in the area they should leave this access open and improve it.

It also looks like the building has encroached upon the municipal right-of-way with its curbs along E. Rochester and Atlantic Avenues. I hope once their second phase is started they continue to leave the street open to the public.

It is easy to see why the Planning Board approved all of these projects, and the last one in such a short time. Since this section of Lower Township is so far away from everything else, it has little impact on any voting residents. It seems that it is always those who are considered the interlopers that get screwed the most.

I feel for those people who live along E. Rochester who used to have a view of the ocean and now it is dwindling, and soon will be gone.

As far as the other commenter from 12:14 6/29, if the market were better you would see a wholesale exodus from the area. I also don't believe over 1/3 or 40 units have been sold to date. Maybe there are contracts, but I am sure some of those people are either demanding a substantial reduction in their price or trying to get out of their deal. I see the lowest priced units have dropped almost $200,000.

The Market is the Market.

Sun, 06/29/2008 - 12:14pm

WAWAWA...like you're the only one who has seen an increase in their taxes....here's some words of advice........SELL!!!!!!!!!!!!MOVE!!!!!!!!!and see if you can find anywhere cheaper!!!!!!!!

Sat, 06/28/2008 - 6:57pm

As on owner in LT Diamond Beach Section that pays over 5.5k in taxes for 2008 for 1000 sq ft condo; we all hope this could lead to a little tax relief.

Fri, 06/27/2008 - 8:58am

Boy o Boy there are some really jealous people in this area. An absolutly wonderful Bldg and a huge ratable for Lower Township. An answer to the one post is YES, it has aready been reported by twsp officials that these bldg's will be huge in the twsp's budget that will result in a tax reduction. And to the poster at 8:53 am, why dont you read the article before commenting. It is reported that a third are already sold and this is before a single condo has been built. Listen, why dont you WW Crest cry babies move to the other side of your little dry town and let Lower deal with issues that need to be dealt with. Side note, I have no affiliation to this project but I am a resident of Lower that is proud of where we are going. Someone please offer tissues to the rest of the nay sayers. Good luck to the developers and I hope you get rich and prosper, I envy you and keep on track in following that American Dream !!!

Fri, 06/27/2008 - 5:13am

Phase I is already 1/3 sold and will not "open" until 09'. The millions in dollars of increased rateables will undoubtedly help lower township taxes, without adversely impacting township services as the condos are primarily being purchased by second home owners.

Thu, 06/26/2008 - 6:05pm

to the poster of 7:57 PM- how could 4-6 million in additional tax revenue NOT help the Twp tax rate!

Thu, 06/26/2008 - 8:53am

Wasn't this the same person who had multiple violations and routine customer service complaints relating to the Grand? Let's see how quickly they have to file bankruptcy, auction, or do an insurance scam to recoup when no one buys them.

(ED. NOTE: That was the former owner, not the present one.)

Wed, 06/25/2008 - 7:57pm

will this eventually help lower the taxes for lower township with more ratables ? how about an answerfrom the lower township council.

Wed, 06/25/2008 - 1:47pm

I would love to know how this is an asset. The local streets cannot possibly handle the traffic. It is good to know however, that Mita insiders are already at work with the PR as evidenced by the post above. The builders will get their due when their units sit empty due to a busted economy.

Tue, 06/24/2008 - 3:03pm

This will be another tremendous asset to Lower Township. Thanks to Mita for having the vision and dedication to invest in the future and in Lower Township. We look forward to their many wonderful projects throughout Cape May County.