Bank takes over Newton condo building

Bank takes over Newton condo building

There are 2 comments on the New Jersey Herald story from Jul 1, 2008, titled Bank takes over Newton condo building. In it, New Jersey Herald reports that:

After defaulting on a $9.5 million dollar loan, the fate of Aberlour now lies in the hands of Sussex Bank.

Join the discussion below, or Read more at New Jersey Herald.

Local Reader

United States

#1 Jul 3, 2008
Who's idea was this idiotic project?
Surely no one from around these parts would
have seen this as a viable investment?
Oh wait, the local bank did.

Well, at least an empty (almost) building
looks better than an empty (except for a
rusting truck or two) parking lot.

Sometimes you just have to shake your head.
Eggmando

Marmora, NJ

#2 Jul 10, 2009
Why is there no interest in this property

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