The extension request was presented by a representative from Darkstar Development, Mr. Barata, with legal counsel Mr. Charles Slo participating via phone. Mr. Barata emphasized the necessity of the extension due to the difficulty in securing tenants in a landscape where approximately 3.6 million square feet of office space is available in Bergen County, with 88% of that being sublet at reduced rates. He detailed that this trend, exemplified by nearby properties such as the Pamas Corporate Center and a substantial office building on Route 95, has created a challenging environment for new developments to attract tenants.

Mr. Barata highlighted several factors supporting the extension, including the public interest, the developer’s interest, and the circumstances leading to the request. He noted that there had been no zoning changes or updates to the master plan affecting the area. He also stated that a shovel-ready project with all approvals in place is more appealing to potential tenants, as it saves time and allows for immediate occupancy.

The circumstances surrounding the extension request were further elaborated upon, with Mr. Barata explaining that the initial tenant, Let It Grow, associated with Paul Emperado, and another potential tenant, Hackensack Meridian, had been considered. However, a parking variance denial had impacted the latter’s involvement shortly after the original approval. Despite these setbacks, Mr. Barata stressed that Darkstar Development had remained proactive in seeking tenants, countering any notion of inactivity.

During the board’s discussion, members raised various points and questions. One member acknowledged the necessity of the extension under the ordinance, while another, Mr. Feffer, inquired about whether the property’s design might be unsuitable for current market conditions. The representative countered this by asserting that the building’s size was appropriate and that its design was not the root issue. However, he did not rule out exploring alternative uses for the site, given its zoning as B1.

The board unanimously approved the two-year extension after confirming there were no public comments. This decision allows Darkstar Development to continue its efforts to market and lease the property, extending the timeline for tenant acquisition and property activation.

In other proceedings, the board addressed memorializations for properties on Jefferson Avenue and Valley Road. Both involved proposed additions and renovations and were approved unanimously without comments or questions. These resolutions were ratified swiftly.

As the meeting drew to a close, the board transitioned to an executive session to discuss the housing plan. This session was clarified as a planning discussion, with no formal actions to be taken. Members were instructed to join a separate Zoom link for this portion, concluding the public session with a motion to adjourn.