August 2017

Weekly News (August 23, 2017)

1. War on Hess Property in Edgewater, NJ is heated up Between lot owner/developer 615 River Road Partners LLC and the town Fair Share Housing center is favoring for the developer proposal Director of NJ Sierra club is favoring town's proposal (River Road is not moving now) The lot (18.7 Acre) was appropriated for $25 Million for eminent domain→ Developer said it is well below the market price...

Weekly News (August 30, 2017)

1. Manhattan Central Post Office building becomes Transportation hub James A. Farley Post Office building renovation faces the 2nd phase It will become Moynihan Train Hall 250,000 SF transportation hub / 700,00 SF restaurant, retail Central Post Office will be connected to Pen Station through under path for LIRR and AMTRACK (9 Platforms and 17 rail roads) Total cost: $1.6 Billion → 2500 full...

Weekly News (August 16, 2017)

1. Palisades Park, NJ Town Hall will move to new location At 27 Fairview Street by Eminent Domain (Proposal made on 7/25) Eminent Domain decision will be made on 8/22 2.43 Acre Lot owned by 2 Korean → Purchased at auction at $3.94 Million in 2008 → valued at $6.5 Million 10 years ago → Town is in the process of appraisal New town hall → Admin, Police station, Fire Department, Gym, etc....

Weekly News (August 9, 2017)

1. Former Hess terminal in Edgewater, NJ will become mixed use complex? Plan is to build 1872 unit residential and retail complex (8.7 ACRE on River Rd) ←→ Town wants to seize the property through eminent domain The developer (615 River Rd Partners) is ready to the Mayor (Michael McPartland) and other town officials Will appear before the board on 9/12 to request multiple variances (height,...

Weekly News (August 2, 2017)

1. Robbery in 'Trio' condo on 12th Street in Palisades Park, NJ  Around 11:20pm on 7/26 (Wed), Gunman followed Korean resident in the elevator Right after Korean woman left elevator at 3rd level, gunman asked the bag and fled Korean resident was concentrated on cell phone and did not noticed suspicious approach Trio condo is with 24 HR doorman 2. Super Spa/Sauna in K-town, Manhattan 'K-town...

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