June 13, 2018

1. In Palisades Park, NJ, Mayor candidate for Democratic party becomes C Chung 

  • Current Mayor James Rotundo defeated by 8 votes for his 5th term
  • He cancelled Press Interview on 12th (He might ask re-count, but circumstances are not positive including his mother’s discriminatory remarks on SNS)
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June 6, 2018

1. ADM (American Dream Meadowlands) is ready for a boom 

  • Expecting tourism boost → Big money for area business
  • Hotels are repositioning to benefit from that boom, starting with Taylor Swift in concert this summer / WWE Wrestle mania XXXV in April, 2019 / Transplant Games in 2020 / The Army-Navy football game in 2021
  • Example: Super Bowl in 2014 →  8,500 rooms are occupied / $4.18 Million Revenue, $626,714 Tax
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May 30, 2018

1. Korean population increased in Northern NJ

  • Towns with denser Korean population increased Korean population continually since 2010
  • Palisades Park: Estimated to 20,988 (0.8% Up compared to 2016, 7% Up from 2010)
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May 23, 2018

1. Palisades Park Administrator, Lorenzo might be involved with embezzlement 

  • Jesse Wolosky (Sparta resident, Civil activities) reviewed reimbursement doc released from Palisades Park town according to OPRA
  • $67,783 reimbursement for legal fee paid to Lorenzo on 12/20/2017
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May 16, 2018

1. KMS Capital purchased 'River Drive Center II' in Elmwood Park, NJ 

  • Korean RE investment company KMS Capital → CEO: Monica Kang
  • Purchased 669 River Drive, Elmwood Park, NJ at $8.1 Million (4 story / 83,620 SF)
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