The chef of New Jersey's most romantic restaurant hoped to construct a large restaurant on a historic property in Ridgewood, Patch reported in July.
But unable to obtain one of Ridgewood's prized liquor licenses – plus facing what would undoubtedly be a lengthy process – multiple sources said Cafe Matisse's Peter Loria decided to halt any development plans at 833 Linwood Avenue, known as the "Vasiloff" house.
Tarvin Real Estate agent Melinda Cronk, the listing agent, confirmed Tuesday that Loria is no longer eyeing the property.
The Rutherford-based chef in fact moved on to Montclair to open a second restaurant. But the township's planning board panned his conceptual design, Baristanet reported.
With a liquor license so elusive in Ridgewood, Cronk doesn't expect Loria to stake out property in the village again.
Still, the "Vasiloff" house remains one of the villlage's most unique properties. The Saddle River runs directly to the west of the property border and the lower portion of the land lies in the flood plain; there are also tennis courts in the rear of the 2.46 acre property.
Although it needs significant TLC, Cronk is hopeful the next owner won't demolish the Tudor-style structure, built in 1929.
"The hope is that, if a residential buyer can’t be found, then possibly a business with the means to take on the restoration" will do so, Cronk said.
Across the street, in Paramus, another historic home is being demolished to create a parking lot for the Alpine Learning Center.
The realtor said there has been interest in the property, which is listed for $990,000.