At last night’s Ramapo Town Board meeting, the board members voted 5-0 to approve the sale of the Tilcon Quarry property on Lafayette Avenue in Suffern. They accepted a $5 million bid submitted by Suffern Equity Real Estate, LLC, and along with the formal acceptance of the winning bid, the board declared the site as surplus property and authorized the Supervisor to draw up a contract for the sale. The buyer stated they had no plans for housing development for the property and said they would accept the light industrial zoning limitations for its use that would include their plans for warehousing and storage. [Read more…]
“The Suffern Quarry has drawn additional offers, including a top bid of $5 million, for potential industrial development on the 60 acre site that features a massive hole filled with millions of gallons of water.
Ramapo received two proposals this week from a New Jersey realty company and a developer from Maspeth in Queens, with both offers topping the previous high bid of $3.2 million received among the first three offers this month.
Supervisor Michael Specht said Friday that he’s pleased by the growing interest, but hopes for additional offers. He said there’s no time frame to choose a buyer and Suffern would decide the use of the property. [Read more…]
“Ramapo officials will consider three proposals to sell the Suffern Quarry, the massive hole filled with millions of gallons of water overlooking the business district.
The proposals range from $3.2 million to $1 million to purchase the property, along with offers to lease the 60 acres pending an option to buy down the road.
The three developers proposed commercial development, such as warehousing, a landscaping business and storage, and a film-production facility.
Although Ramapo owns the quarry, Suffern controls land-use approvals. The property is zoned for light industry zoning and doesn’t allow for housing. [Read more…]