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SANDY PERRY, COMMUNICATIONS MANAGER
PHONE: 908-234-1225, EXT. 104
SANDY@NJCONSERVATION.ORG

NJ Conservation Foundation issues statement on LG settlement

FOR IMMEDIATE RELEASE/ 06/23/15

FAR HILLS - New Jersey Conservation Foundation today applauded an agreement that will result in a lower-profile LG Electronics headquarters building along the Palisades in Englewood Cliffs.

"The Palisades cliffs are a national treasure, viewed by millions of people a year," said Michele S. Byers, executive director of New Jersey Conservation Foundation. "Thanks to more than a century of preservation efforts, the inspiring view of the Palisades from the Hudson River looks very much as it did when Henry Hudson anchored his ship beneath them in 1609. Today's agreement to reduce the height of the proposed LG Electronics building demonstrates the corporation's respect for this natural and historic landmark, and for all the people who revere this special place."

Four former New Jersey governors - Brendan Byrne, James Florio, Thomas Kean and Christine Todd Whitman - also praised the LG agreement, two years after seeking a compromise on building height. The four former governors are all honorary trustees of New Jersey Conservation Foundation.

"We commend LG Electronics for dramatically reducing the height of its new headquarters to preserve the iconic vista of New Jersey's Palisades," said the four governors. "Two years ago, we wrote to Bon-Joon Koo, CEO of LG Electronics, asking for a resolution that would accommodate the company's need for a new headquarters while ensuring the beauty and integrity of the Palisades ridgeline and park. LG listened and this week's agreement demonstrates that a strong economy goes hand-in-hand with strong environmental protection. With the construction of the new sustainable, low-rise LG headquarters, New Jersey will retain a solid corporate partner along with much needed jobs and tax revenues. And one of America's most visible natural and historic landmarks will be protected for future generations"

Byers continued: "Protecting the Palisades was a movement that began at the grassroots level and spread to national prominence," she said. "Local citizens, legislators on bothsides of the Hudson River, conservation groups large and small, the National Park Service, and the Environmental Protection Agency all took action to achieve this successful resolution."

New Jersey Conservation Foundation is a private nonprofit that preserves land and natural resources throughout New Jersey for the benefit of all. Since 1960, New Jersey Conservation has protected 125,000 acres of open space - from the Highlands to the Pine Barrens to the Delaware Bayshore, from farms to forests to urban and suburban parks. For more information about the Foundation's programs and preserves, go to www.njconservation.org or call 1-888-LAND-SAVE (1-888-526-3728).

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