PARSIPPANY — Former Council President Louis Valori called a special council meeting on December 27, 2017 to pass some final resolutions before his term ended on December 31, 2017.
One of the Resolutions (No. 2017-190) paved the way for 700 Mountain Way, LLC., the owner of property on Block 14, Lots 6, 6.01, 6.02, 9, 9.01 and 10 for construction of seventy-four townhome units and twenty-three apartment units, with related parking, and on-site and off-site improvements.
As part of an approved “Developers Agreement” the Developer is required to set aside twenty percent of the total number of for sale units and fifteen percent of the total number of rental units in the project as affordable housing units to be built in a conformity with Uniform Housing Affordability Controls.
According to official records filed in the State of New Jersey, 700 Mountain Way, LLC has a registered office at Wilf & Silverman, 820 Morris Turnpike, Suite 201, Short Hills, New Jersey. 700 Mountain Way, LLC, was formed on August 11, 2005. (Click here for Certificate of Formation).
On October 6, 2017, GlaxoSmithKline (GSK) property located at 1500 Littleton Road was sold on October 6, for $8,500,000.00. The buyer is listed as Parsippany Littleton, LLC. The office address is listed as 820 Morris Turnpike, Short Hills.
Also listed at the address of 820 Morris Avenue is Garden Homes. Garden Homes is owned in part or wholly by Zygi Wilf. Zygi Wilf is the Owner/Chairman of the Minnesota Vikings (click here for additional details).
Wilf joined the family business and became head of one of the company’s affiliates, Garden Commercial Properties. Wilf has grown the company from four shopping centers in Northern New Jersey to over a hundred properties, including several large malls. In addition to the commercial properties, the Garden companies also own and manages 90,000 apartment units around the country. In Parsippany, Garden Communities consists of Powdermill Heights, Knoll Gardens, Mill Run at Parsippany, Redstone Gardens, Ridgeview Gardens, Redstone Apartments, Vail Gardens and Westgate Apartments.
Garden Homes is also involved with Forge Pond, a townhouse development with a price tag ranging from $435,000 to $535,000; Puddingstone Ridge, single family homes with a price tag of approximately $825,000; In Budd Lake, Lakeview Homes, single family homes with a price tag of approximately $600,000; In Fairfield, The Reserve at Fairfield, with homes ranging from $829,000 to $1,014,000. Mazdabrook Commons is listed as one of their past projects.
Other projects of Garden Homes is located in Bergen, Essex, Monmouth, Morris, Somerset, Warren Counties and Hartford Connecticut.
Garden Communities offers apartment rentals throughout New Jersey, New York, and Connecticut. They offer 1, 2 or 3 bedroom units, studios, townhouses/duplexes, luxury apartment rentals, affordable housing or 55+ active adult communities. Their properties offer residents access to extensive shopping, entertainment, the best schools in the area and recreational activities for all ages.
Garden Commercial Properties also is listed at 820 Morris Avenue. Some of the properties in that portfolio include Parsippany’s Arlington Plaza, among over a dozen other shopping centers in New Jersey. Rutgers Village, Powder Mill East Shopping Center, and Powder Mill West Shopping Centers are part of Pineview Homes, which is a subsidiary of the Wilf empire.
