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January 2009 – week 2 Issue
Alpine conducts hike through millionaire’s row
Health related events in Teaneck
Real estate development in Fort Lee
Proper disposal in Bergen County
Office markets improve in Bergen
Alpine conducts hike through millionaire’s row
Alpine has had a rich history of stately homes for many decades now. In a history hike conducted by the Palisades Interstate Park commission, many residents of Alpine, potential home buyers and interested citizens participated to witness the past. The guide Eric Nelson, took the interested participants on a two-hour ride that lasted three hours. Conducted on Monday, January 12, 2009 this hike was titled the “Millionaire’s row” and was conducted free of charge for the participants. People attending came to know of the rich interesting history behind various stately Alpine homes that make the real estate of Alpine so sought-after. The hike began from the Palisades Interstate Park Commission headquarters at Alpine. Those who could not participate in this hike need not despair as another of its kind is being planned for February 7, 2009. Organized around Cape Fly away, this hike will explore an old fishing community site. More information on this hike and other such events of its kind can be accessed from www.njpalisades.org.
Health related events in Teaneck
Probably one of the reasons why many prefer to buy real estate in Teaneck is because of the health incentives it offers. Residents of Teaneck can now access the various health related events being conducted in their township. One such event has been titled ‘Watch your mouth’ and caters to dental health and oral hygiene. Conducted at the Holy Name Hospital, this event is being held on January 15, 2009 at 10:30 am. The hospital is also conducting other camps related to weight reduction on January 13, 2009 and February 3, 2009. Titled ‘Weight reduction through hypnosis’, this camp focuses on natural weight loss by focusing on behavior modification techniques and hypnosis suggestion methods. January 22, 2009 will be the day for ‘Bariatric surgery’ camp conducted again by the Holy Name Hospital. This camp will bring together a panel of board certified bariatric surgeons who will explain on the various options and address queries relating to weight loss through surgery. The various benefits and risks related to bariatric surgery will also be addressed. Residents of Teaneck can also participate for a healthy heart diet on February 4, 2009 when Holy Name Hospital will bring forth their program titled ‘Cooking with the cardiologist’. Here nutrition experts will give simple tips on making tasty favorite foods healthier to eat. A camp on ‘heart health and diabetes’ will also be held the same day by the hospital and residents can learn how to keep their hearts healthy. Also the secrets for a healthier looking skin would be revealed by dermatologists on February 9, 2009 at the hospital at a camp titled ‘skin sense and scents’.
Real estate development in Fort Lee
A mixed use development may soon become reality in Fort Lee of Bergen County. This came up after the Borough council laid out its plans for the year 2009 during the annual reorganization meeting. It outlined that its main priority for the year would be to look for new developers to develop the Centuria project. The 15.7 acre property may soon be developed if the right developer is found for the region. While the development had commenced with the Town & County developers, this team was removed as the official developer after it defaulted on its payments. With a price tag of approximately $1 billion, this project may prove beneficial for the development of Fort Lee. Initial plans by the Town and County developers had included various condominiums, hotels and conference centers. On site police and fire substations had also been planned. But after development work commenced in the later part of 2004, the developers could remove 500,000 tons of contaminated soil and give rise to a 6000 sq ft office only. The borough council now hopes that a mega developer is found or a joint venture made possible to develop the region. Besides this priority, the borough council also outlined other objectives that included appeal on an arbitrator’s ruling regarding a police contract and reducing sewerage bills through negotiation with the Bergen County Utility Authority.
Proper disposal in Bergen County
Residents from the various towns of Bergen County can now benefit from better disposal services. Recycling coordinators of Bergen and Passaic counties came together to design a proper schedule for the year 2009 for free disposal. Under this schedule, toxic materials that cannot be disposed along with the ordinary trash will be accepted. This mainly includes computers and computer components that contain heavy metals like lead and arsenic. Laptops, printers, keyboards, motherboards, hard drives, speakers and many such electronic gadgets will be accepted. This trash will be collected at select dates in April, June and November. Household chemicals, old batteries, oil based paints, paint removers, antifreeze, fire extinguisher, propane tanks and used motor oil will also be accepted. However radioactive material, explosives and medical waste will not be accepted. Trash classified under household waste will be accepted in March, April, June, July, September, October and November on select dates. Finally tires will be accepted for disposal in Bergen County on select dates in April, June, August and November. To participate in proper disposal of toxic materials, household chemicals and tires, residents must have proper proof of residency.
Office markets improve in Bergen
While residential markets continued to be slow, office markets were noted to fare much better in Bergen County. Combined availability rates for the submarkets of Bergen County were noted to decrease to 21.1% from 21.9% in the third quarter. This reduction was noted as a relief in times of retail bankruptcies and company layoffs, factors that tend to increase retail space in the market. These statistics were researched by Grub and Ellis, a commercial real estate services company that divided the region of Bergen County into four submarkets. In this classification, the Meadowlands submarkets availability rate rose to 28.2% in the fourth quarter from 27.2%. However in other submarkets, the availability rate fell by one percent or even more. Experts from Grub and Ellis said that statistics show that tenants have taken advantage in most parts of Bergen County to avail better deals on office markets. Also as the availability rates of Class A offices reduced in the region, experts noted that most buyers are making use of the opportunity to upgrade their offices.
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