This week’s Interest Rate 30 Y Rate: 3.750%/ 15 Year Rate:3.250%/ 10 Y Treasury: 1.988%/ Prime Rate:5.5% ADM(American Dream Meadowland) will bring Coke as a partner (The Record 6/26) American Dream and Coke announced partnership: ten year deal includes an 800-person dinning center, social media storefront, green rooms, and more events to the Meadowlands. The 3 million sf...
by stephenlee This week’s Interest Rate 30 Y Rate: 3.875%/ 15 Year Rate:3.375%/ 10 Y Treasury: 2.058%/ Prime Rate:5.5% A house in Ridgefield burn down completely due to explosion by gas (The Korea Times 6/18) A House at 360 Abbot Ave. Ridgefield was burn down at around 11:30am on 6/17/2019. Gas leaking ignited fire and explosion and resulted in complete burn down the house including...
by stephenlee This week’s Interest Rate 30 Y Rate: 3.875%/ 15 Year Rate:3.375%/ 10 Y Treasury: 2.145%/ Prime Rate:5.5% Constructing super high-rise buildings in Manhattan, NY is booming (The Korea Daily 6/7) According to New York Times, 16 super high-rise buildings over 1000 ft (304 m) are under construction or planning in Manhattan currently. It is super fast rate while only 7 buildings...
by stephenlee This week’s Interest Rate 30 Y Rate: 3.875%/ 15 Year Rate:3.375%/ 10 Y Treasury: 2.128%/ Prime Rate:5.5% Two Bergen County Real Estate Brokers admitted their roles in short sale scheme (Dailyvoice.com 5/31, The Korea Times 6.1) Steve Young Kang (64, Ridgefield) and Young Jin Son (49, Norwood) told a federal judge in Newark on 5/30/2019 that they recruited others to participate...
by stephenlee This week’s Interest Rate 30 Y Rate: 4.000%/ 15 Year Rate:3.625%/ 10 Y Treasury: 2.462%/ Prime Rate:5.5% Structure built to contain Naphthalene fumes from Edgewater Superfund site (Grid Bits 5/4) Workers erect a large, temporary tent-like structure on hopes of containing naphthalene fumes when work resumes at the Quanta Superfund site in Edgewater, NJ. The first four-story...
by stephenlee This week’s Interest Rate 30 Y Rate: 4.125%/ 15 Year Rate:3.750%/ 10 Y Treasury: 2.533%/ Prime Rate:5.5% Westfield Garden State Plaza mall becomes downtown of Paramus, NJ (The Record 5/1) The owners of the mall will a brand-new downtown, equipped with luxury, mixed-use residential development where mall-lovers can live a stone’s throw from their favorite stores. The project...
by stephenlee This week’s Interest Rate 30 Y Rate: 4.125%/ 15 Year Rate:3.750%/ 10 Y Treasury: 2.533%/ Prime Rate:5.5% Valley Hospital moved forward to open it’s Paramus facility by $50M donation (The Record 4/24) Valley Hospital announced in January 2018 that it would build a new hospital on a 40 acre campus off Winters Avenue in neighboring Paramus. Currently the hospital operates from...
by stephenlee This week’s Interest Rate 30 Y Rate: 4.125%/ 15 Year Rate:3.625%/ 10 Y Treasury: 2.59%/ Prime Rate:5.5% “The Palisade Church” in Old Tappan, NJ Chapter 11 file has been declined The court has declined the chapter 11 file in response to PCUSA’s filing for declining the bankruptcy. The court mentioned that the church is not qualified to apply bankruptcy and entity who has...
by stephenlee This week's Interest Rate 30 Y Rate: 4.000%/ 15 Year Rate:3.625%/ 10 Y Treasury: 2.499%/ Prime Rate:5.5% “The Palisade Church” in Old Tappan, NJ filed Chapter 11 on 3/18/2019 The church is located at 236 Old Tappan Rd, Old Tappan, NJ. Presbyterian Church of the Palisades Non Profit’s debt is $2.4M and they filed the Chapter 11 which is very rare for Korean church in NJ. ...
by stephenlee This week’s Interest Rate 30 Y Rate: 4.000%/ 15 Year Rate:3.625%/ 10 Y Treasury: 2.472%/ Prime Rate:5.5% Edgewater contaminated site “Quanta Superfund site” fumes were harmful (The Record) When Edgewater residents complained last year about noxious fumes coming from cleanup work at the Quanta Superfund site, EPA officials said there was no health risk to the public. A new state...
by stephenlee