MONROE – The township government filed suit against a developer for $2.4 million saying the builder has failed to meet prior obligations agreed to when officials granted approval for constructing of an adult community.
The lawsuit is against Lennar, a nationwide homebuilder based in Florida but with local offices in New Jersey, and firms with financial ties to the company, Fidelity and Continental Insurance Company, concerning the Monroe development.
The lawsuit centers on what the township is calling “punch list items” for work at Stonebridge at Greenbriar, an adult community near Federal and Applegarth roads.
The suit, filed Sept. 6 in Superior Court of New Jersey in Middlesex County, claims that Lennar failed to address previously approved obligations at the adult community.
Reached by phone on Monday, Lennar’s communication department said it had no comment about the lawsuit.
The township “is seeking the release of $2.4 million in performance and cash bonds so the municipality can complete the site work on behalf of the people of Stonebridge,” according to a township release.