This week’s Interest Rate 30 Y Rate: 4.000%/ 15 Year Rate:3.620%/ 10 Y Treasury: 2.395%/ Prime Rate:5.5% Ridgefield neighbors object Thermal Power Plant construction in Meadowland “North Bergen Liberty Power Plant” will be built in Meadowland swamp area across Ridgefield, which can produce 1,200 MW power and costs $1.5B. The power generated will be transferred to New York City through...
by stephenlee Over 110,000 New Yorkers use illegal basement for living 114,000 New York residents are living in altered basement without permits. Mostly they live in basement because they cannot afford high NY rent. FDNY concerns poor ventilation and lack of fire alarm system, and exposure to CO gas. NYC Council initiated program to modify basement and legalize them in East New York in Brooklyn as a trial case on...
by stephenlee Ridgefield moves forward to move on new municipal hall Current municipal building is getting old and requires serious repairs due to aging. The borough council approved to issue $850,000 bonds for initial environmental studies, engineering and design work. The new site will be on Slocum Ave next to Borough Community Center and across from Ridgefield Nature Center. Municipal court, police department,...
by stephenlee Palisades Park Police chief might face to resigning City council had a closed meeting for discussing about police chief Mark Jackson They discussed his incompetence and responsibility for many undesirable cases in police force for last 2 years since he was appointed by former mayor for the police chief He is blamed for many charges: 1) unprofessional procedure of hiring school safety guards/hiring...
by stephenlee 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...
by stephenlee 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...
by stephenlee 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...
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...
by stephenlee 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...
by stephenlee “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...
by stephenlee