ARC TO RAISE HOME VALUES BY $18 BILLION (Thu, 29 Jul 2010 04:00:00 GMT)
(New York, NY) A new groundbreaking study released today by Regional Plan Association shows how the Access to the Region’s Core project (ARC), the new trans-Hudson passenger rail tunnel being built by NJ TRANSIT and the Port Authority of New York and New Jersey, will significantly increase New Jersey and
New York home values near train stations on the NJ TRANSIT system and MetroNorth’s Port Jervis and Pascack Valley lines by $19,000 on average if homes
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Christie Urges Rescue for Stalled Meadowlands Complex (Fri, 23 Jul 2010 04:00:00 GMT)
By Charles V. Bagli, The New York Times -- With the Xanadu entertainment and shopping complex three years behind schedule and in need of an estimated $875 million to open, Gov. Chris Christie said Wednesday that it was time for the state to help resuscitate the project.
The owner of Xanadu, a partnership led by Colony Capital, has already spent $2 billion on the three-story, 2.2-million-square-foot complex, which was originally supposed to open in 2007 on a 104-acre site in the state-owned sports complex in the New Jersey Meadowlands.
The project — featuring an
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Bergen Democrats and Republicans split along party lines on recommendations for the future of the Meadowlands (Fri, 23 Jul 2010 04:00:00 GMT)
By Michael Gartland and Nick Clunn, The Record -- Bergen County Republicans lined up Wednesday to support a proposal to give tax incentives to the faltering Xanadu development and sell off the Izod Center, while Democrats roundly criticized the plan.
State Sen. Loretta Weinberg, D-Teaneck, specifically faulted the way the report was formulated, but said she had not yet arrived at a definitive conclusion.
"It appears to be something that’s being planned at Bergen County’s expense," Weinberg said. "It was done under a real veil of secrecy. ... We need to
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Afterhours Networking & Wine Bottling Event: A Young Professionals Event
8/5/10, 5:30pm - 7:30pm Register
Monthly Membership Networking Meeting
8/19/10, 8:30am - 10:00am Register
