It will also feature an 11-car underground garage and a gym, pools and a spa.
The owner has made a deal with the realtors to stay anonymous, but the name of cybersecurity billionaire Melih Abdulhayoglu appears on a document connected to the project filed with the town, according to the news site.
Forbes reports that Abdulhayoglu originally hails from Turkey and is worth $1.6 billion thanks to his Comodo Group. His reps did not return requests for comment.
He may be trying to keep the project under wraps — as it’s not turning out to be very popular among his neighbors.
“It’s a monstrosity,” Gail Shepard, who works in real estate and lives nearby, fumed to NorthJersey.com.
She fears loss of trees and possible flooding will be a headache to neighbors living downhill from the mansion, according to the site.
Other neighbors are outraged because to make way for the new project, two historic homes were torn down.
It’s not clear how much the home at Undercliff and Lloyd roads will cost, but the two homes that were cleared away sold recently for a combined $7.3 million.
“[The home] appears to be out of scale and out of character with the other resources in the area,” Montclair Historic Preservation Committee consultant Thomas Connolly said at a recent community meeting.
The megaproject still requires some permits before it can be finalized — partly because the owner is asking for a variance to build closer to a nature preserve than zoning laws allow.
This post was curated & Posted using : RealSpecific
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