Former Secaucus mayor charged with corruption by ProQuest

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									Waters, managing principal of River        sistance on real estate development in
Development. The project will con-
sist of three phases. The $50 million
                                           Secaucus, according to U.S. Attorney
                                           Paul J. Fishman.
                                                                                                                                      ECONOMIC INDICATORS
first phase will feature 300 rental              The indictment said Elwell and
units of work force housing, which         Manzo conspired with then-Jersey
will be targeted at casino and other       City official Edward Cheatam and                                                 New Jersey Inventory of Unsold Homes
workers in Atlantic City, he said. The     others to extort cash payments from                                                                           2006-2009
initial phase, which will be built on      a government cooperating witness in                           80,000
a full city block bordered by West         exchange for Elwell’s promise to get
Washington Avenue, West Milan Av-          development approvals in Secaucus,                            75,000
enue, South Second Street and South        said Fishman, who did not identify                            70,000
Main Street, will also include 20,000      the government witness.




                                                                                      Unsold Inventory
square feet of retail, he said.                  “We will enter a plea of not                            65,000
      The first phase is expected to       guilty, and look forward to present-                          60,000
finish construction about 24 months        ing our client’s defense,” said Elwell’s
after the approval process is complet-     attorney, Thomas Cammarata, of                                55,000
ed, and design of the remaining two        the Jersey City law firm Cammarata,                           50,000
phases will take place during con-         Nulty & Garrigan LLC.
struction of the first phase, Waters             Manzo’s Jersey City attorney,                           45,000
said. – Evelyn Lee                         Samuel R. DeLuca, did not return a                            40,000
                                           reporter’s call seeking comment.
                                                                                                         35,000
Former Secaucus mayor                            Elwell 
								
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