Sandy Hook Developer Secures Financing

The Asbury Park Press reports that Sandy Hook Partners, the developer selected to rehabilitate 36structures in Fort Hancock at Sandy Hook, has secured financing for the project. The National Park Service must now review the terms of the financing package.

The $60+ million dollar project has been delayed for five years by litigation initiated by Save Sandy Hook, an organization headed by Judith Stanley Coleman and her husband, Judge James Coleman. The litigation failed, but the historic structure at the park have continued to deteriorate.

Congressman Frank Pallone has also been a vocal opponent to the private/public partnership to rehabiltate the park. The APP article refers to Pallone as a consistent opponent, which is not accurate. Pallone initially supported the project, and flip floped after Stanley-Coleman's opposition became public.

The only thing consistent about Pallone regarding Sandy Hook is his inablitity to get funding for the National Park. 20 years in Congress and Pallone still has no clout.