February 2019

Weekly News (February 27, 2019)

Fighting to save homes in Leonia against condemnation The town Leonia initiated re-development study to be conducted along Fort Lee road, Grand Ave and Schor Avenue and sent out the letter to residents Light rail station in Leonia might be connected to this study, which a part of long-awaited Bergen-Hudson Light Rail extension No time line for the construction for the extension project, but NJ...

Weekly News (Februray 20, 2019)

  A Co-op apartment on 3008 Edwin Ave in Fort Lee got fire at 4pm on 2/14/2019 Total 90 households and 45 units burn down. 300 people evacuated (about 13 – 15 Korean family) They will be homeless for several months. Near building (3001 Edwin Ave) got damaged by smokes and some residents are evacuated to temporary housing as well KAAFL (Korean American Ass. in Fort Lee) is helping...

Weekly News (Februray 13, 2019)

Palisades Park Korean Association is having hardship to re-open activity The current problem is PP K Association has 2 year’s lapse of activity The election committee specifies qualification of president which is not realistic and nobody can apply “PP K Ass should be represented for all Palisades Park residents, not for specific group of people” “ First, PP K Ass should explain what...

Weekly News (Februray 6, 2019)

Suicide in “Malcolm Towers” in Fort Lee, NJ on 1/30/2019 at around 1:45pm 475 Main St, Fort Lee. Korean female(63) jumped from the window at 10th floor Last week another suicide (Russian: 81) at 14th floor in the same apartment building Korean woman lived with her mother(86) and she moved in recently The motives are unknown   $460,000 in Palisades Park town account is...

Weekly News (January 30, 2019)

Ridgefield, NJ town government encourages residents to perform Radon test Town provides free test kits Radon is colorless, smell less carcinogen which is the 2nd biggest reason for lung cancer NJ EPA reported that 7% of total resident in Ridgefield has higher level than allowed level Water line burst on Hamilton Ave in Ridgefield, NJ caused 10 houses got water damage Suez company who...

Weekly News (January 23, 2019)

“Bayfront” Mixed Use complex development in Jersey City is expected to come 100 Ac former chromium-polluted brownfield, cleaned up by Honeywell Southwest section in Greenville area The city is buying the property and develop mixed use complex. The council approved to go and get the money (the city will issue $400M bond) 8,100 apartments, 600,000 sf retail space, 1M sf office space, 23 Ac...

Weekly News (January 16, 2019)

NYC charged $21M to a RE brokerage company for illegal house sharing biz Metropolitan Property Group conducted Airbnb biz with 34 buildings in Kips bay Manhattan, etc. They used 18 different names to Airbnb, and used 130 apartment as hotel room According to NYC summon, the company rented 13,691 illegally /received 75,000 guests between 2015 and 2018, and gained $21M income Some guests were...

Weekly News (January 9, 2019)

Korean owned building between Northern Blvd purchased by Chinese developer 146-17 Northern Blvd. / closing is completed at $9.7M Tenants: “Tong Tong Don Gass” / Cumon school Developer will build 5 story mixed building for retail and condo → condo development expanded to Northern blvd commercial area from downtown area   Manhattan NY Rent tipped off According to Zumper, 1...

Weekly News (December 26, 2018)

Sold: 2 apartment buildings sold at $25.5M ($559/sf) 992-996, 998 Amsterdam Ave. on 109th St Built in 1920. Mixed use building under Rent Control Total 45,576 sf with elevator - 49 units between Studio and 4 bedroom units 1st floor: bar, restaurant, barber shop,etc. ( 7 retails)   Senior population increased in Nassau Co in NYC According to Census report, age group of 55-64...

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