Draft_October 2025_West Orange_HEFSP_with Appendices

paint hazards in scope of work [J Partial or limited time period(__ years); sce file CJ CERTIFICATE OF CONTINUED OCCUPANCY This serves notice that based on a general/smoke/carbon detector inspection of the visible parts of the building there are no imminent hazards and the building is approved for continued occupancy. i) CERTIFICATE OF COMPLIANCE This serves notice that said potentially hazardous equipment has been installed and/or maintained in accordance with the New Jersey Uniform Construction Code and is approved for use until Fees: $0.00 Paid{ X ]Check No.: 6024 Collected by: PQ 1-APPLICANT 2-OFFICE 3-TAX ASSESSOR

Township of West Orange 66 Main Street West Orange, NJ 07052 973-3254112 155 ______— Lot : 40.02 _ Qualification Code;__ 2000 EXECUTIVE DRIVE WEST ORANGE WEST ORANGE OFFICE EXECUTIVE PARK. 100 EXECUTIVE DRIVE WEST ORANGE NJ 07052 Block: Work Site Location: Owner in Fee: Address: Telephone: 973 640-0973 Agenv/Contractor: BUILDERS AT GREEN ESSEX Address; 16 MICROLAB ROAD LIVINGSTON NJ 07039 Telephone: 973 640-0973 Lic. No./ Bldrs, Reg.No.: Federal Emp. No.: [xX] CERTIFICATE OF OCCUPANCY This serves notice that said ing or structure has been constructed in accordance with the New Jersey Uniform Construction Code and is approved for occupancy. Ba This serves notice that the work completed has been constructed or installed in accordance with the New Jersey Uniform Construction Code and is approved. If the permit was issued for minor work, this certificate was based upon what was visible at the time of inspection. CERTIFICATE OF APPROVAL Fi. TEMPORARY CERTIFICATE OF OCCUPANCY/COMPLIANCE, If this is a temporary Certificate of Occupancy or Compliance, the following conditions must be met no later than or will be subject to fine or order to vacate: i Thomas Biondi Jr Construction Official 2/12/24 7 U.C.C 260 (rev. 5/03) 1- APPLICANT 2- OFFICE CERTIFICATE Date Issued: 12/12/2024 IDENTIFICATION Control #90738 20221435 Home Warranty No: Type of Warranty Plan: Use Group: Maximum Live Load: Construction Classification: Maximum Occupancy Load: Certificate Exp Date: Description of Work/Use: CONSTRUCT FOOTINGS AND FOUNDATION FOR A 59 UNIT APARTMENT BUILDING - 2000 EXECUTIVE DRIVE BLDG B UNDERGROUND PLUMBING Update Desc. of Wk/Use: 59 RESIDENTIAL APARTMENT BUILDING- BLDG B, UNDERGROUND ELECTRICAL CONDUIT, UPDATE SPRINKLER HEAD, RADIO COMMUNICATOR ON FACP { ]State[ ] Private R2 eT CERTIFICATE OF CLEARANCE-LEAD ABATEMENT 5:17 This serves notice that based on written certification, lead abatement was performed as per NJAC 5:17, to the following extent: [J Total removal of lead-based paint hazards in scope of work [] Partial or limited time period(__ years); see file Ev CERTIFICATE OF CONTINUED OCCUPANCY This serves notice that based on a general/smoke/carbon detector inspection of th of the building there are no imminent hazards and the g is approved for occupancy. AE | ‘This serves notice that said potentially hazardous equipment has been

/smoke/carbon detector inspection of th of the building there are no imminent hazards and the g is approved for occupancy. AE | ‘This serves notice that said potentially hazardous equipment has been installed and/or mai in accordance with the New Jersey Uniform Construction Code and is approved for use until CERTIFICATE OF COMPLIANCE Fees: $0.00 Paid X JCheck No.: 6062 3- TAX ASSESSOR Collected by: PQ

Township of West Orange 66 Main Street West Orange, NJ 07052 973-3254112 Block: 155 Lot: 42.02 Qualification Code: Work Site Location: 3000 EXECUTIVE DRIVE WEST ORANGE Owner in Fee: WEST ORANGE OFFICE EXECUTIVE PARK Address: 100 EXECUTIVE DRIVE WEST ORANGE NJ 07052 Telephone: 973 640-0973, Agent/Contractor: BUILDERS AT GREEN ESSEX Address: 16 MICROLAB ROAD LIVINGSTON NJ 07039 Telephone: 973 640-0973 Lic. No./ Bldrs. Reg.No.: Federal Emp. No.: [xX] CERTIFICATE OF OCCUPANCY This serves notice that said building or structure has been constructed in accordance with the New Jersey Uniform Construction Code and is approved for occupancy. Le: This serves notice that the work completed has been constructed or installed in accordance with the New Jersey Uniform Construction Code and is approved. If the permit was issued for minor work, this certificate was based upon what was visible at the time of inspection. CERTIFICATE OF APPROVAL, E -] TEMPORARY CERTIFICATE OF OCCUPANCY/COMPLIANCE If this is a temporary Certificate of Occupancy or Compliance, the following conditions must be met no later than or will be subject to fine or order to vacate: Tleo /2/ehy ‘Thomas Biondi Jr Construction Official ” U.C.C 260 (rev. 5/03) 1-APPLICANT 2- OFFICE CERTIFICATE Date Issued: 12/12/2024 IDENTIFICATION Control! #: 90737 Permit #: 20221436 Home Warranty No; Type of Warranty Plan: Use Group: Maximum Live Load: Construction Classification: Maximum Occupancy Load: Certificate Exp Date: Description of Work/Use: FOOTING & FOUNDATION FOR 62 UNIT APARTMETN BUILDING - 3000 EXECUTIVE DRIVE BLDG C UNDERGROUND PLUMBING Update Desc, of Wk/Use: CONSTRUCT 62 APARTMENT BUILDING- BLDG C, RADIO COMMUNICATOR ON FACP [ J] State[ ] Private R-2 Et] CERTIFICATE OF CLEARANCE-LEAD ABATEMENT 5:17 This serves notice that based on written certification, lead abatement was performed as per NJAC 5:17, to the following extent: (] Total removal of lead-based paint hazards in scope of work [] Partial or limited time period( years); sce file Eat CERTIFICATE OF CONTINUED OCCUPANCY This serves notice that based on a general/smoke/carbon detector inspection of the visible parts of the building there are no imminent hazards and the building is approved for co ‘occupancy. | CERTIFICATE OF COMPLIANCE This serves notice that said pot in accordance with the New Jersey Fees: $50.00 Paid[ X ]Check

re are no imminent hazards and the building is approved for co ‘occupancy. | CERTIFICATE OF COMPLIANCE This serves notice that said pot in accordance with the New Jersey Fees: $50.00 Paid[ X ]Check No.: 6063 3- TAX ASSESSOR Collected by: PQ

REDEVELOPMENT AGREEMENT By and Between THE TOWNSHIP OF WEST ORANGE as Redevelopment Entity and GREEN ESSEX PARTNERS URBAN RENEWAL, LLC, as Redeveloper Dated as of _________

This Redevelopment Agreement (the “Agreement” or “Redevelopment Agreement”) is dated as of this ____ day of _____, 2021 and entered into by and between THE TOWNSHIP OF WEST ORANGE, NEW JERSEY (the “Township”), a public body corporate and politic of the State of New Jersey having its offices at 66 Main Street, West Orange, New Jersey 07052, in its capacity as redevelopment entity pursuant to N.J.S.A. 40A:12A-4(c), and GREEN ESSEX PARTNERS URBAN RENEWAL, LLC, a limited liability company of the State of New Jersey in accordance with the provisions of the Long Term Tax Exemption Law of 1992, as amended and supplemented, N.J.S.A. 40A:20-1 et seq. (the “Exemption Law”), with offices at c/o BNE Real Estate Group, 16 Microlab Road, Suite A, Livingston, New Jersey 07039 (together with its permitted successors or assigns as hereinafter provided, the “Redeveloper”; each of the Township and the Redeveloper a “Party” and collectively the “Parties”). WITNESSETH WHEREAS, the Township, adopted Resolution 249-20 on December 15, 2020 designating, Block 155, Lots 40.02 (100 Executive Drive), 41.02 (10 Rooney Circle), and 42.02 (200 Executive Drive) as a non-condemnation “area in need of redevelopment” (the “Redevelopment Area”) pursuant to the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq. (the “Redevelopment Law”); and WHEREAS, in accordance with the Redevelopment Law, the Township adopted Ordinance 2632-21 on February 9, 2021 enacting a redevelopment plan for the Redevelopment Area entitled “Executive Drive – Rooney Circle Redevelopment Plan” (as further amended and supplemented from time to time, the “Redevelopment Plan”); and WHEREAS, the Redeveloper is the contract purchaser of Block 155, Lots 40.02 and 42.02 (the “Property”) and submitted a proposal to the Township to be designated by the Township as redeveloper for the Property; and WHEREAS, Block 155, Lot 41.02 is owned by West Orange Office Executive Park, LLC (“WOOEP”); and WHEREAS, the Township evaluated the Redeveloper’s proposal and adopted Resolution 38-21 on February 23, 2021 designating the Redeveloper as conditional redeveloper for the Property; and WHEREAS, the Redeveloper proposes the redevelopment of the Property including; (1) demolition of all existing improvements on the Property, except for the existing improvements located on Lot 41.02, (2) merge Lots 40.02 and 42.02 and subdivision to

ent of the Property including; (1) demolition of all existing improvements on the Property, except for the existing improvements located on Lot 41.02, (2) merge Lots 40.02 and 42.02 and subdivision to create lot for Public Dog Park, (3) design, develop, finance, construct, operate and maintain a residential development consisting of one 4-story building with a basement wrapped around a 4-story parking deck and three additional 4-story buildings with basements with surface parking and individual parking garages, containing up to 425 rental apartments (approximately 164 onebedroom units, 246 two-bedroom units and 15 three-bedroom units), including up to 64 affordable units (at least 15% of the total number of units constructed) and 361 market rate units,

(4) amenity space including a pool, landscaped courtyard and various on grade landscaped park areas, (5) construction and conveyance to the Township of a Public Dog Park as set forth in Article III and Section 4.3 below, (6) construction of Library Improvements as set forth in Section 4.4 below, (7) cause the conveyance to the Township of Lot 41.02, which is and shall remain owned by WOOEP until conveyance to the Township as set forth in Article III below, and (8) construction of all necessary on- and off-site Infrastructure Improvements as set forth in Section 4.6 below, all subject to receipt of Governmental Approvals (the “Project” or “Redevelopment Project”); and WHEREAS, in furtherance of the Redevelopment Plan, the Parties wish to set forth the terms and conditions relating to the design, financing, construction and implementation of the Project upon the Property by the Redeveloper, and to designate the Redeveloper as the redeveloper (as such term is defined in the Redevelopment Law) of the Property on the terms and conditions set forth herein, NOW, THEREFORE, in consideration of the promises and mutual covenants herein contained, the Parties hereto do hereby covenant and agree, each with the other, as follows: ARTICLE I DEFINITIONS 1.1. Defined Terms. (a) The following terms shall have the meanings ascribed to them in the Recitals above: Agreement or Redevelopment Agreement Exemption Law Party Parties Project or Redevelopment Project Property Redeveloper Redevelopment Area Redevelopment Law Redevelopment Plan Township WOOEP (b) The terms below shall have the following meanings: “2017 Tax Appeals” shall have the meaning ascribed thereto in Section 13.5. “Administrative Agent” shall have the meaning ascribed thereto in Section 4.2(c). “Affiliate” means with respect to any Person, any other Person directly or indirectly Controlling or Controlled by, or under direct or indirect common Control with such Person. “Affordable Units” shall mean those very low, low and moderate income housing units, totaling at least 15% of the total units constructed, required to be constructed within the Project pursuant to Section 4.2 of this Agreement and in accordance with COAH Regulations and UHAC. 2 4839-2360-2911, v. 3

“Applicable Laws” shall mean all federal, state and local laws, ordinances, approvals, rules, regulations statutes, permits, resolutions, judgments, orders, decrees, directives, interpretations, standards, licenses and other similar requirements applicable thereto, including but not limited to, the Redevelopment Law, the Municipal Land Use Law, N.J.S.A. 40:55D-1 et seq., the Redevelopment Area Bond Financing Law, N.J.S.A. 40A:12A-64 et seq., the Eminent Domain Act, N.J.S.A. 20:3-1 et seq., the Zoning Ordinance of the Township of West Orange, as and to the extent applicable pursuant to the terms of the Redevelopment Plan, Environmental Laws, the Fair Housing Act of 1985, N.J.S.A. 52:27D-301 et seq., COAH Regulations, relevant construction codes including construction codes governing access for people with disabilities, and all other applicable federal, state or local zoning, land use, environmental, health and safety laws, ordinances, rules and regulations, and federal and state labor standards or regulations. “Application” or “Government Application” shall mean any application for Governmental Approval submitted by or on behalf of Redeveloper, including all plans, drawings, documentation and presentations necessary and appropriate for the purpose of obtaining any and all Governmental Approvals required to implement and Complete the Project. “Certificate of Completion” shall mean written acknowledgment by the Township in recordable form that the Redeveloper has completed construction of the Project (or relevant Phase thereof) in accordance with the requirements of this Redevelopment Agreement; and that, in accordance with the provisions of N.J.S.A. 40A:12A-9, the conditions determined to exist at the time the area was determined to be in need of redevelopment no longer exist. “Certificate of Occupancy” shall have the meaning ascribed thereto in the Township’s Municipal Code and in the applicable provisions of the Uniform Construction Code. “Closing” shall mean the conveyance of title to the Public Dog Park by the Redeveloper and Lot 41.02 by WOOEP to the Township. “Closing Date One” shall mean the date upon which title to the Public Dog Park is conveyed by the Redeveloper to the Township as further defined in Section 3.6 herein. “Closing Date Two” shall mean the date upon which title to Lot 41.02 is conveyed by WOOEP to the Township as further defined in