NJDEP liens from prior property owners

I spent about an hour on Friday with a NJDEP official from the Bureau of Tidelands Management. There are vague stories that the prior owners of Money Island Marina did not pay the tidelands lease fees since the 1970s. What I do know is that when the prior owner emerged from the most recent bankruptcy, the NJDEP placed a lien on the properties. The language of the property lien makes it clear that it s due to actions (or inactions) of prior owners and not the current owner. We have been so busy with emergency Sandy repairs for the last four years (that are being worked out still), that I have had no time to work on it until now.

We understand that there are three types of NJDEP violations and one open investigation on these properties. At this point, I have to start with just one of them. The immediate first goal is to quantify and begin the process of paying off the old tidelands lease fees.

So I’ve spent a few hours this week beginning work on this project. The next step may involve a trip to Trenton for some in-person discussion. I will post again as BaySave makes progress.

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