On the waterfront: $1b project slated for Fort Lee.

From: Real Estate Weekly | Date: February 12, 2003| Author: Viuker, Steve | Copyright information

A developer wants to transform one of the Gold Coast's last undeveloped properties with a $1 billion plan to build condominiums, stores, restaurants, and a hotel and conference center just south of the George Washington Bridge.

Town & Country Developers of Woodcliff Lake is under contract to buy the vacant 16-acre tract, known as the Helmsley property, for $50 million. The property has sat untouched for nearly 30 years even as New Jersey's Hudson River communities experi...

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