THE PAGANO PROPERTY

$1,050,000 IN QUESTIONS

What Did Ringwood Taxpayers Actually Pay For?

What Happened

In the spring of 2024, the Borough of Ringwood paid $1,050,000 for approximately 16 acres of land along Skyline Drive, known as the Pagano property. The purchase was announced in a Friday news dump on April 26, 2024, with a special meeting called for May 2, less than a week later.

There was no bond ordinance. No competitive process. No outside funding sought. Rather than financing this purchase the way municipalities typically handle million dollar acquisitions, the borough drew directly from reserve funds, money set aside for specific future obligations, and spent it in under a week with minimal public notice and no meaningful public debate.

The assessed value of the three properties at the time of purchase was $146,000. Ringwood taxpayers paid more than seven times that amount.

How It Was Justified

Borough officials argued the purchase was necessary to end nine years of affordable housing litigation with developer HAL Entities, which had been pushing for high density housing on the site. Residents were told the threat was real, the deal was time sensitive, and there was no alternative.

The municipal attorney at the time, Richard Clemack, drew a comparison to the 2007 purchase of the Jerry Wyckoff Natural Preserve, framing the Pagano acquisition as a similar act of responsible land stewardship.

That comparison deserves scrutiny. When Ringwood purchased the Wyckoff Preserve for $600,000, the financial burden to taxpayers was $50,000. Green Acres contributed $300,000. Passaic County Open Space contributed $250,000. The municipal trust covered the remainder.

For the Pagano purchase, taxpayers were on the hook for every single dollar of $1,050,000. No Green Acres funding was sought. No county open space money was pursued. No grants were applied for. No one on the council asked why.

What The Borough's Own Professionals Said - Going Back To 2017

The limitations of the Pagano property were documented by the borough's own professionals seven years before the $1,050,000 check was written.

In August 2017, the borough's planning board attorney Tom Dunn presented a detailed analysis to the council, prepared alongside Borough Manager Scott Heck and Borough Attorney Richard Clemack. That presentation described the Pagano property explicitly as "vacant and undisturbed" with "substantial steep slopes, wetlands and rock outcrops." Even in the most optimistic scenario, only 2 to 3 acres of the property could potentially be included in a Highlands Redevelopment Area, and that required Highlands Council approval which the presentation described as uncertain.

The sewer infrastructure needed to support any meaningful development was estimated in that same 2017 presentation at $3,395,000 just for the force main alone. That project required DEP approval which borough officials were told would be a "heavy lift," and would need to cross watershed boundaries that DEP specifically discourages.

In other words: the borough's own attorney, working alongside Scott Heck and Richard Clemack, told the council in 2017 exactly how limited this property was.

Seven years later, in 2024, those same people spent $1,050,000 of borough reserve funds to buy it anyway. In under a week. With no outside funding sought and almost no public notice.

And the borough's own 2025 Housing Element and Fair Share Plan, prepared by a certified planner and submitted to the Superior Court of New Jersey in January 2025, confirmed what the 2017 presentation had already shown: "There is no vacant developable land available in the Borough and the Borough's Realistic Development Potential is zero (0)."

And further: "The Borough lacks public sewer. Due to its location in the Highlands Preservation Area and the lack of developable land, it is unlikely that sewer service would become available within the Fourth Round period."

The borough knew in 2017. It knew in 2024. Its own planner confirmed it in 2025.

The question is not whether they had the information. They did. The question is why they spent over a million dollars of your money anyway.

Who Really Benefited From This Purchase?

The borough spent $1,050,000 of reserve funds to remove Ron Pagano from the picture. Pagano's property sits immediately adjacent to the Fieldstone shopping center, owned by the Azarian Group.

Residents deserve to ask: was this purchase primarily about protecting Ringwood from affordable housing that Highlands restrictions made essentially impossible anyway? Or was it about clearing an obstacle that someone else needed removed?

Who pushed for the urgency of this deal? Who benefited from Pagano being bought out? And now that the purchase has been made, what exactly is happening at Fieldstone? Half the storefronts are vacant. The parking lot is full of potholes. The roof is leaking. Residents have been waiting for something to change for years.

For the full story of what has happened at Fieldstone, who owns it, and what the borough has and has not done to hold that owner accountable, see our Fieldstone page.

What Has The Purchase Delivered?

More than a year after spending $1,050,000 of borough reserve funds, here is what residents have received:

A grassed area near Fieldstone funded through a grant.

A handful of concerts that were previously held at the library at lower cost.

No development plan. No announced timeline.

No public accounting of what the borough intends to do with the land.

Meanwhile the borough has raised property taxes, cut services to the library, recreation, and health departments, and warned that difficult budget decisions lie ahead.

Residents have been waiting for Fieldstone to be revitalized for years. The Pagano purchase was supposed to be the missing piece that would finally make it happen. So far it has delivered a grassy field and some concerts.

Questions That Have Never Been Answered

The Ringwood Democratic Organization believes residents deserve answers to the following questions, none of which have been addressed publicly by the Mayor or Council:

Why was this purchase made from reserve funds rather than through a bond ordinance, which would have required a more formal public process?

Which reserve fund was used and what was it originally designated for?

Why was no outside funding sought, given that the borough had successfully leveraged Green Acres and county open space money for previous land purchases?

Why was the deal completed in under a week with almost no public notice, after nine years of litigation that was apparently not urgent enough to resolve until it suddenly was?

If borough officials knew that Highlands restrictions and the lack of sewer infrastructure made large scale development essentially impossible, why was the affordable housing threat used to justify the urgency of this purchase?

Who specifically benefited from the speed of this transaction?

What is the plan for this property and when will residents be told?

Why It Matters

The Pagano property purchase is not an isolated incident. It fits a pattern of consequential decisions made quickly, quietly, and without meaningful public oversight by a council that has voted in lockstep for years without asking hard questions.

The borough's own certified public accountants flagged this pattern in their 2024 audit, noting a significant deficiency in the segregation of duties and warning that concentration of responsibilities in a limited number of individuals is not desirable from a control point of view.

Ringwood residents deserve a Council that asks these questions before committing over a million dollars of taxpayer money, not after. We are committed to making that a reality.

Sources: NorthJersey.com reporting on the Pagano purchase, April and May 2024. Ringwood Borough Skyline Drive COAH Study Presentation, August 15, 2017, prepared by Tom Dunn, Esq., planning board attorney, with Scott Heck and Richard Clemack. Ringwood Borough Housing Element and Fair Share Plan, Fourth Round 2025-2035, prepared by Jessica C. Caldwell PP AICP, submitted to Superior Court of New Jersey January 2025. Ringwood Borough Council meeting minutes and resolutions including the October 17, 2023 Mayor and Council update. County property tax records.