There is a constant battle in New Jersey; preserving open space versus developing more ratables to collect taxes. It happens in every town in the state. Recently, there was some good news on the preservation front.
More than 150 acres in Princeton is now permanently protected, thanks to a partnership among several government agencies and nonprofits. The 153-acre property was purchased for $8.8 million from the Lanwin Development Corp. and the family of the late Bryce Thompson.
A partnership of organizations, the town of Princeton, the Friends of Princeton Open Space, Ridgeview Conservancy, The Watershed Institute, Mercer County, the state Green Acres Program, and New Jersey Conservation Foundation worked on the acquisition. Nearly $3 million in private donations were received. The land is now jointly owned by Princeton, the Friends of Princeton Open Space, The Watershed Institute, and the Ridgeview Conservancy.
The acquisition is part of an initiative called “Princeton’s Emerald Necklace” that aims to connect open spaces throughout the town and provide greater access to open space. This open space protects over 4,000 trees from deforestation that form part of a mature forest on this site.