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Englewood Cliffs Settles $7 Million Lawsuit Over Affordable Housing Dispute at 800 Sylvan Ave

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the staff of the Ridgewood blog

Englewood Cliffs NJ, the borough has agreed to pay $7 million to the developer of 800 Sylvan Avenue to settle a long-standing lawsuit over affordable housing. Additionally, it will pay $1.3 million more to settle a tax appeal, bringing the total payout to $8.3 million. This settlement resolves claims that the borough violated terms of an affordable housing agreement, with the developer initially seeking $66.5 million in damages.

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