Can we stop the overdevelopment that is beginning to choke the roads of Chatham Borough, pollute our air, inflate our taxes, and even threaten to swamp our schools?

Yes, we can.

All we need to do is to hold our new Mayor & Council accountable for not selling us down the river again, as they did with the monstrosity at the corner of Watchung Avenue and River Road.

We can do that. You can help.

Tell the Mayor & Council not to make any more concessions to the would-be overdevelopers. Make them promise not to sign any more PILOT agreements, waiving the developer’s property taxes at the expense of the rest of us. Make them promise to do their due diligence and hold out for terms favorable to the Borough.

Even if you cannot go to the next Council meeting https://www.chathamborough.org/resident/calendar/mayor-council-meeting-13-1710199800 you can email the Mayor & Council: [email protected] [email protected] [email protected] [email protected] https://www.chathamborough.org/resident/calendar/mayor-council-meeting-13-1710199800 [email protected]. [email protected]. [email protected] 

What the heck is this all about?

Our new Mayor and Borough Council are working on another big development project on River Road. See for yourself here: https://patch.com/new-jersey/chatham/election-2023-carolyn-dempsey-chatham-borough-council%20

A third big River Road project will soon follow. https://chathamchoice.org/2024/01/what-are-the-options-for-river-road/

Thanks to blunders by both parties over many years, our leaders have little control over new construction in Chatham, but they can and must exercise what power they still have to protect us from reckless overdevelopmnent. https://legistarweb-production.s3.amazonaws.com/uploads/attachment/pdf/1399493/2022-05-27-HEFSP_amendment.finaladopted.pdf

We need to start asking questions, demanding answers and promises, and holding our Mayor & Council accountable now, before they make any irreversible decisions.

Strong, sustained, public scrutiny and pressure can inspire and empower our elected representatives to stand firm in negotiations with tough real estate sharks, backed by teams of experts wielding state laws that give developers the upper hand.

Are you wondering why the Council would even consider another project at River Road, given the massive, 245-unit Ivy apartment project that just went up at the corner of River and Watchung?

Simple: Knowing that both political parties have so weakened our zoning laws that they cannot prevent construction of two more giant apartment projects at River Road, the Mayor & Council aspire only to gain some influence over the new projects by adopting some new redevelopment plans. https://patch.com/new-jersey/chatham/chatham-marks-some-river-road-lots-need-redevelopment

They hope that way they can make sure the new developments will provide housing options for retirees, millennials, and low income families, as well as some free public “amenities” – like maybe a trail along the Passaic River. See for yourself here: https://patch.com/new-jersey/chatham/election-2023-carolyn-dempsey-chatham-borough-council%20

Of course, that’s mostly wishful thinking.

As at the Ivy, the new developments will be out of the reach of most retirees, millennials, and young families, because almost all of the apartments will be offered at market rates, with monthly rents between $3,000 for one bedroom apartments, and $7,000 for three bedroom units. How many downsizers or young families can afford that?

Only 15% of the new apartments will be set aside for low and moderate income families. That means Chatham would have to accept 1,000 new units (a more than 30% increase in density) to get even 150 units toward our ever increasing affordable housing quota.

Chathamites won’t get first dibs on the affordable apartments, either. But Chatham taxpayers will suffer higher density, pollution, and lower quality of life. And that’s a best-case scenario, which the Mayor & Council could achieve only with deft negotiation.

If the Council doesn’t stand strong, but rather succumbs to the developer’s standard demand for a 30-year PILOT property tax exemption, that will mean higher taxes for everyone else and it will leave the Borough on the hook to meet increasing demands for municipal services.

Negotiated PILOT payments-in-lieu of taxes should help with those expenses, but it’s the Borough that will bear 100% of the risk that the revenue projections won’t pan out, as is happening at similar projects that have been reduced to offering discounts: https://www.woodmontstation.com/

If the statewide luxury apartment construction frenzy leads to a glut, causing the bubble to burst and rent rolls to plummet, it will be a disaster for Chatham Borough.

Of course, by then the developer will be long gone, and Borough taxpayers will be left holding the bag.

What about the nice public “amenities,” like the riverside trail our Mayor wants to see along the Passaic? It could happen.

Then again, once the Council adopts a redevelopment plan, the would-be developer will begin to chip away at the requirements, until there’s nothing left for the public, as happened with the monstrous 245-apartment Ivy project.

The lesson is clear: Our Mayor & Council should negotiate the best possible deal, and refuse to finance it with a PILOT tax break no matter how many sweet promises the developers make.

In short, while our Mayor & Council cannot prevent more development at River Road, they need not and must not sacrifice the long-term well-being of the Borough by waiving any more requirements or granting any PILOT agreements.

If a developer won’t build without a PILOT, that means it’s a bad deal and the Borough shouldn’t get involved.