Then, in 2004, on the cusp of what would have been his largest and most controversial project – 680 homes at the mouth of the Lynnhaven River – Tseng’s empire began to crumble. Property mentioned is Pleasure House Point.

Also mentioned in the article is a previous business associate who …sources of income is operating a wetlands mitigation bank. Owners of such banks buy and preserve tracts of wetlands and then sell credits to developers who are required to compensate for wetlands losses on construction projects elsewhere.

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