Middletown Proposes Land Swap With LLCs Linked to Mayor's Campaign Donors
Middletown is considering a land swap involving township property and an $8 million payment to acquire 83 acres along Chapel Hill Road.
The Middletown Township Committee is scheduled to hold a public hearing September 8 on a proposed land transaction that would exchange township-owned property and $8 million for 83 acres along Chapel Hill Road and Kings Highway East.1
The deal, introduced by ordinance on August 17, involves property owned by two LLCs formed in October 2024. Public business records reviewed for this article connect those LLCs through a shared registered agent and address to two companies that contributed to Mayor Tony Perry's 2024 reelection campaign the day after the LLCs were registered.
The proposed transaction also resembles a land swap described nearly three years earlier in a sworn certification filed in separate litigation against the township. In that certification, developer Seth Gerszberg alleged that Perry told him in August 2023 that he planned to make a deal in which the Montecalvo family would purchase the property and trade it to Middletown for township-owned land.2
The Township Committee introduced the ordinance without discussion. Full text of the ordinances is available in the Township public notices. Public comment and possible final action are scheduled for September 8 at 7 p.m.