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May 2011 – week 1 Issue
New apartment building in Tenafly
Teaneck life and schooling
Foreclosures slow, but to soon pick up
Bergen County celebrates week of the young child
Musical season coming to Bergen County
New apartment building in Tenafly
A new apartment building may be constructed in Tenafly if all goes to plan. A four story apartment building is being proposed for construction near the downtown area of Tenafly. The building that would comprise of 30 housing units has come under question for various reasons. For one, people are concerned that the construction would affect quality of life in the region, as the residential complex would come up within a business zone, which in the Tenafly real estate market is usually not for residential use. Secondly, the building requires many variances which need to be granted. Thirdly, it would remove approximately 290 feet of prime retail frontage space from the business district. While some are concerned about the impact of the property, officials state that it may benefit the community. The building would bring in more tax money into the town. Also, it would attract families of home buyers and create a positive fiscal impact. Finally, it would put the currently unused parcel of land to good use. Currently no decision on the land has been reached at and the hearing would be continued on May 2, 2011 for determining a date when witnesses can attend.
Among the many reasons for which people opt to live in Teaneck, is the good educational system in the town’s schools and surrounding Bergen County Schools. In fact statistics in the town of Teaneck reveal that the student population in this region is higher than the resident population of nearby small towns. There are 4500 students studying in various Teaneck schoolsfrom grades K to 12. In such a scenario it is important to ensure that these students are either bona fide residents of the town or non residents. If the ward is a non resident, his family would be billed for tuition fees. However in many cases it is difficult to find out what could be happening. Sometimes, the family moves out of town but does not inform the school. Schools get to know about this when the mail sent by them is undeliverable. Various city and state records such as tax information are then referred to gain information. Officials state that a central registration of students is required at Eugene Field, and parents are required to re-register their children every time there is a change of school. In order to prove residency in Teaneck, parents need to produce various items of proof such as copies of lease, tax bills, utilities bill or notarized statements by landlords.
Foreclosures slow, but to soon pick up
The Bergen County real estate market continues to struggle in times of weak demand, tight mortgage and high rates of unemployment. Thus while foreclosure activity was reported to be low, experts stated that it was not a sign of recovery. Statistics by RealtyTrac, the organization that checks real estate statistics indicated that foreclosure activity in many parts of Bergen County and New Jersey as a whole, was reported to be low in the first quarter of 2011. One out of every 400 homes in New Jersey had received a notice on foreclosure and Bergen County ranked 19th out of 21 counties, when it came to foreclosure activity. As per statistics, the foreclosure activity stood at 44% in New Jersey while it was noted to be at 27% across the nation. These figures only indicate that the mortgage service providers are sorting out queries before actual activity begins. As per experts, the activity is likely to pick up soon, once lenders and servicers work out the legal procedures. This involves hiring a retired judge to oversee procedures (as decided by six large mortgage service providers) or reimbursing homeowners who were improperly foreclosed upon.
Bergen County celebrates week of the young child
Various towns in Bergen County celebrated ‘The week of the young child’, for the 40th year in succession in 2011. Conducted from April 10th to 16th, 2011, the theme for this year’s program was early years and learning years. This annual celebration is sponsored by the National Association for the Education of Young Children (NAEYC) and it helps to focus public attention towards the needs of young children and their families. It further helps to recognize and promote early childhood programs and services that help to meet needs of such families and children. ‘The week of the young child’ began with stories being read out to attentive children of the 3-9 year age group. The stories were read out by Katheleen A Donovan, Bergen County executive, who actively participated in the event. At its 40th anniversary, the group is celebrating with various academicians, educators, state and local communities coming together for the higher good. Besides reading out stories, the group also encourages activities like book swapping, outdoor themes and engaging family members in education.
Musical season coming to Bergen County
In a matter of three days the festival season is soon going to come into Bergen County. From April 29th to May1st, 2011, the Bamboozle 2011 festival will be held at the New Meadowlands Sports Complex in East Rutherford. This program is much anticipated and forecasts predict that it may generate record sales of tickets from both US and international fans. The program is currently being promoted online through the bamboozle website and also through social networking sites such as Facebook, Twitter and Foursquare. The viral marketing created through social media has helped double ticket sales and organizers are looking forward to a large gathering of fans. The show promises to bring in extraordinary music to people and includes performers such as Lil Wayne, Motley Crue, Bruno Mars, 30 seconds to Mars and Wiz Khalifa. Since its inception in 2003, the festival has regularly featured the best musical talent and helped promote new artists across various music genres. Today the Bamboozle festival is a regular feature of the music festival circuit and a much anticipated event. A more detailed list and information can be gathered from their website at www.thebamboozle.com
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