Posted in the Redwood Forum
#1 Apr 29, 2012
I overheard last night there is a major development planned for a Senior Housing Development mainly for seniors from NYC. This development is on three farms across from Bill Elk. The sons of Guy Cole are negotiating on selling three farms for this purpose. The developer will be developing over 300 homes on man-made mini lakes. These homes will be marketed as owner/rental properties to snowbird bird seniors. These homes will be maintenance and tax free to the owners for one rental price. No worries. This would be a big economic boost for the area.
#2 May 3, 2012
Does anyone know if William Elk would be willing to sell his property next to the proposed development? It would be a great addition to the cole property.
#3 Jul 2, 2012
The Cole Boys have sold their last farm for a senior citizens village. This will be the first of its kind in the area. I understand they have over 100 homes sold already. The location for this development is on Co. Rt 1 and 111.
#4 Jan 5, 2013
Construction is beginning. The lakes and retirement community across from Bill Elk place are going to be in by 2014. This will improve the value of land in that area.
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