Residents of the more than 1,100 homes in The Fairways in Lakewood, NJ, had every reason to believe they were buying into a golf community in perpetuity when they began buying lots and homes there in the late 1990s. In marketing, sales representations and more formal declarations, The Fairways met the strict definition of a golf community, with the 27-hole Eagle Ridge course at its heart. And since 50% of the community’s total property was, by municipal ordinance, designated open and green, there was little reason to think that the Kokes family, which developed The Fairways, would or could repurpose the golf course.
But last year the Kokes family sold the course to another firm clearly not interested in maintaining a golf course. As has happened in so many communities across the nation, new owners GDMS holdings had a more profitable plan in mind –- to turn the fairways and greens into home sites and, eventually, homes. According to a story at app.com, a USA Today online magazine, GDMS has proposed an additional 1,000 homes to be built on the golf course.
A lawsuit with many of The Fairways’ residents as plaintiffs has been filed against the new owners and the old ones, and although the state’s EPA regulators have given the green light for construction, local planning officials have not rendered any decision. Hearings and deliberations are likely to drag on for months, with plenty of noise from The Fairways sexa- and septagenarians.
Retired persons have plenty of time on their hands.
See the app.com article here.