Short Hills-based Garden Homes this week said it became the contract purchaser for a distressed Bergen County hotel property and is exploring a variety of redevelopment options for the 21-acre site at 200 Tice Blvd. The Woodcliff Lake Hilton — a longtime staple in the local community — was slated for closure and offered for sale via auction.
With seven decades of involvement in the New Jersey marketplace, Garden Homes and its Garden Communities and Garden Commercial divisions have developed tens of thousands of for-sale homes and rental apartments, and millions of square feet of commercial space in the region.
“The depth of our experience and the diversity of our platform enables us to consider every alternative — and deliver exceptional quality — across a range of real estate categories, from for-sale and rental residential to commercial and mixed-use,” Scott Loventhal, one of the firm’s highly experienced developers, said.
“For four decades, the Woodcliff Lake Hilton has been a center of community; no one wanted to see this property become yet another post-pandemic, stranded hospitality asset,” Loventhal added. “We will approach its redevelopment thoughtfully and in a manner that will best serve the borough’s future, with the evolving real estate market in mind.”
200 Tice Blvd. sits just off the Garden State Parkway, 30 minutes from Manhattan.
“Simply put, this is an exceptional location,” Loventhal added. “We are thrilled to add the property to our portfolio and look forward to working closely with the borough and its stakeholders as we write its exciting next chapter.”
