Robbinsville township left 'homeless' by Roma Bank’s sale
Robbinsville has been left holding the bag after Roma Bank pulled out on plans to develop a three-story building that would house the township’s municipal offices as well as retail space.
The township would have paid $3 million for the building’s third floor, which broke ground last October. Construction has stopped, leaving the building’s footprint as a fence-enclosed dirt lot on Route 33 in Town Center.
“It is difficult when you can’t trust one of the town’s financial institutions to uphold their end of the bargain. It really makes you wonder who you can trust,” said Robbinsville Mayor Dave Fried.
Robbinsville’s new municipal home had been up in the air since Roma Bank announced its sale to Investors Bank on Dec. 19, Fried said.
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