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>Valley Renewal : "What does Ridgewood get out of this?"

>I have only recently been attending these meetings and my impression is the planning board members are bored to death or have made up their minds in support the amendment.

I’ve asked the question “What does Ridgewood get out of this?” and no one seems to have a good answer. I’m not even thinking in terms of property tax relief because I understand Valley doesn’t pay as a non-profit now and won’t in the future.. I am talking about how does our town benefit at all with having them here, and then if this amendment goes through, having them here for at minimum 7 years under construction, which will be disruptive to ALL residents? What is the economic impact of Valley on Ridgewood? Has anyone done that study?

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