From the Record/Herald:
Cliffside taking 12 properties
By PETER J. SAMPSON
The borough has condemned a dozen properties in a downtown redevelopment area slated for new shops, restaurants and high-rise apartments and is gearing up to take a Fairview parcel for its new public works facility.
Exercising its power of eminent domain, the borough filed a “declaration of taking” to assume ownership of the properties that will be razed to make way for the $40 million redevelopment project, said Borough Attorney Christos Diktas.
Eleven of the properties are commercial buildings on Anderson and Grant avenues, some with tenants living above the stores. One is a single-family home on Glen Street.
Before a judge signed the condemnation order, the borough had to deposit $6 million with the Superior Court to compensate the owners. Despite vocal opposition in the past, none of the owners objected in court to the move, Diktas said.
The project is a joint venture of the borough, which owns about half the land in the redevelopment area, and Towne Centre C.P., LLC, a partnership headed by Fred Daibes and James Demetrakis.
The plans call for a 220-unit apartment tower above shops, sidewalk cafes and restaurants that would open up to an expansive public plaza. The site, along Lawton, Anderson and Grant avenues, would include underground parking.