SILVER LINING AT LITTLE SILVER CORNER?

wicker-rose-texaco-lsBoth the former Wicker Rose building,  foreground, and the abandoned Texaco station in the background have “substantial” environmental issues. (Click to enlarge)

Three adjoining Little Silver properties with the taint of fraud and pollution go on the auction block tomorrow.

The whiff of financial chicanery comes from their connection to Solomon Dwek, the Ocean Township real estate investor-turned-federal-informant, who acquired them as part of a massive $400 million real estate roll-up scheme studded with allegations of bank fraud. That was before Dwek agreed to wear a wire and bribe elected officials snared in a statewide public-corruption sweep last year.

The underground pollution is literally traceable to one of the three properties, a former Texaco filling station, as well as from other sources, says real estate marketer Ray Smith, whose firm will conduct the auction.

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