Debate over selling price delays plan to build high-end retail complex in Wall
The Township of Wall plans to take drastic steps to turn a junkyard into a high-end retail complex. However, plans have stalled because the town and property owners can't agree on a selling price. Town officials have offered Wall Auto Wreckers $3.5 million for the property, but there is a catch. The property owners will have to use $1.5 million to clean up contaminants in the ground. Co-owner Sal DiPasquale says spending $1.5 million will cut too far into his profits. He claims he can get the same work done for a third of the price.While the debate continues over who will conduct a cleanup of the property, town officials say the total cost rests with the current owners.