2014 Oct 30th

The Meeting about The Monarch

From The Fund for a Better Waterfront website:


L
ast night, before a filled to capacity hearing room, the Hudson County Board of Chosen Freeholders dealt the Shipyard Associates a stunning setback. With one abstention, all Freeholders voted to uphold the decision made in February of 2012 by the Hudson County Planning Board to deny the application of the Shipyard Associates to build the Monarch Towers. In 2011, the Shipyard Associates proposed this 78-unit residential project on a Hudson River pier bordering a county road. The Freeholders held this hearing in response to a ruling by Superior Court Judge Nestle Rodriguez.

Mayor Zimmer and two City Council members were the first to speak followed by a long succession of Hoboken residents, all of whom were adamantly opposed to the Monarch Towers. The Freeholders got an earful about traffic woes and the dangers of building in the Coastal High Hazard Zone. At the start of the hearing, attorney Kevin Coakley argued the case for his client Shipyard Associates while attorneys representing the Hudson Tea Building Condo Association and the Hudson County Planning Board made the case to uphold the denial.

This was a far cry from an earlier era, in the 1980s and 1990s, when the founder of Applied Companies and Shipyard Associates, Joe Barry, held sway over the mayor and council. At that time, he was Hoboken’s biggest developer and landlord. His federally subsidized Section 8 tenants constituted his base of power. He could deliver their votes to the candidates he favored and pack hearing rooms in support of his development projects. Few politicians dared to oppose him. In 2004, a jury convicted Joe Barry of making $114,900 in cash payments to former County Executive Robert Janiszewski. Subsequently, the U.S. Attorney’s office forced him to resign from Applied Companies and Shipyard Associates.

His sons, David and Michael Barry, now run the companies. But unlike their father, they could muster no political or community support. In 2011, the Barry brothers applied for and received a New Jersey Department of Environmental Protection (NJDEP) waterfront permit to build the Monarch Towers.

After the public hearing concluded, Freeholder Bill O’Dea made a motion to take a vote that night, rather than waiting out the 30 days allowed by the judge to make a decision. After the motion passed, O’Dea moved to uphold the February 2012 denial by the Hudson County Planning Board. All of the Freeholders supported the motion save one who abstained. The case now will go back to Judge Rodriguez for a final ruling on the matter.

The on-going litigation on the Monarch Towers case includes appeals of the NJDEP waterfront permit approvals, challenges in federal court by the developer of the City of Hoboken’s amended flood ordinance and appeals of Judge Rodriguez’s decision to automatically approve the project

The conviction of Joe Barry was based on payments made to the County Executive in connection with $8.8 million state and federal grants and loans for the Shipyard project between 1996 and 2000.

 

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Posted by Lori Turoff | Currently No Comments »

2014 Oct 28th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of October 29th, 2014

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As of October 29th, 2014:

  • 182 active Hoboken listings
  • 160 Condo & Co-op listings, compared to 169 last week
  • 10 Single-family listings, compared to 11 last week
  • 12 Multi-family listings, compared to 13 last week

This Week’s Residential Property Sales & Activity:

  • 11 DABOs (Deposit Accepted By Owner and Under Contract) vs. 14 last week
  • 15 Sold vs 19 last week
  • 13 New listings vs. 40 last week
  • 10 Price changes vs. 14 last week
  • 0 expired listing vs. 0 last week

 

Studio & 1-Bedroom Properties

58 Active listings

1 New listing

2 Price changes

3 DABOs

  • 358 3rd St., 2L listed Oct 4 for $265K;
  • 72 Park Ave., 4A listed Sept 4 for $505K; reduced Oct 2 to $499K; reduced Oct 15 to $485K;
  • 1021 Grand St., PHG listed Aug 1 for $589K; reduced Sept 19 to $575K;

6 Sold

  • 650 1st St., 3 listed Aug 19 for $325K; sold for $300K;
  • 718 Grand St., 3 listed Jun 20 for $319K; sold for $310K;
  • 416 Monroe St., 3R listed July 3 for $359K; sold for $359K;
  • 812 Grand St., 515 listed Sept 9 for $475K; sold for $493K;
  • 501 9th St., 316 listed Aug 21 for $489K; sold for $511K;
  • 1100 Adams St., 216 listed May 15 for $530K; sold for $515K;

 

2-Bedroom Properties

74 Active listings

6 New listings

6 Price changes

6 DABOs

  • 906 Washington St., 2 listed Oct 11 for $479K;
  • 208 Park Ave., 1R listed Oct. 15 for $549K;
  • 820 Hudson St., C-5 listed Sept 24 for $749K;
  • 659 1st St., 212 listed Oct 14 for $849K;
  • 601 Observer Hghwy., 302 listed Oct 16 for $899K;
  • 1450 Washington St., 311 listed Sept 17 for $949K; reduced Sept 29 to $920K; reduced Oct 13 to $900K;
3 Sold
  • 622 Park Ave., 3B listed July 31 for $400K; sold for $385K;
  • 322 Grand St., 2L/3 listed Aug 6 for $425K; sold for $420K;
  • 452 2nd St., 4 listed Aug 21 for $719K; sold for $712K;

 

3-Bedroom & Larger Properties

28 Active listings

6 New listings

2 Price changes

12 Multi-Family Active listings

10 Single-Family Active listings

2 DABOs

  • 501 Adams St., 1I listed Oct 17 for $735K;
  • 160 8th St., listed Oct 3 for $1.050M;

6 sold

Posted by Nathan Turoff | Currently 2 Comments »

2014 Oct 28th

Should Hoboken Let Condos be Built On a Pier in the Hudson River?

More important development news.  MEETING TONIGHT at 6pm – at the Wallace School. From the Hudson Reporter website:

‘Hoboken Residents for a Public Waterfront’
Oct 26, 2014 | 358 views | 1 1 comments | 3 3 recommendations | email to a friend | print

Dear Editor: This Tuesday evening, October 28th, there is an important decision that will be rendered relating to the Barry family / Applied Companies’ proposed Monarch development (“Monarch”). The Hudson County Board of Freeholders (“Freeholders”) are holding a special meeting to vote on whether the original Hudson County Planning Board’s (“HCPB”) February 2012 decision to deny the application for Monarch will still stand. The meeting will be held at the Wallace School, at 1100 Willow Ave at 6 pm. The Freeholders have two real choices that night: To uphold or to overturn the original decision. However, the freeholders are considering a third choice, which is to send it back to the HCPB for them to reconsider and render a new decision. About twenty Hoboken residents attended the February 2012 HCPB meeting and witnessed Applied’s presentation on Monarch and the HCPB’s thoughtful, detailed review and denial due to specific concerns about traffic, roadways and safety, incomplete and inaccurate expert reports, and Applied’s unwillingness to respond to questions of the HCPB’s engineering consultant. So Applied’s application was originally denied as a result of their own failures. And now they are potentially going to be given another bite at the apple? Does this seem fair to the Hoboken residents who have unanimously opposed this project in favor of keeping our waterfront public open space? As a matter of law, applicants are not entitled to a reconsideration if their application was denied. So the freeholders should not even be considering this as a choice. If the freeholders do send this back to HCPB for their reconsideration, then the concern is that the HCBP will approve the application either because they may not be as thorough as its first review or may include other considerations that would influence their decision like the potential for further litigation costs they would take on if they deny the application again. The freeholders, by a 5-1 vote, have agreed to hold the meeting in Hoboken given the importance to our community and the freeholders should be commended for this. Unfortunately, because of freeholder Romano’s position on the HCPB, he has been recused and will not be in attendance nor voting that night (he was also recused from the vote to move to Hoboken). What this means is that we are left without direct Hoboken representation on this vote. Given the importance of this to Hoboken, it should be important to Hudson County. Let the Hudson County Board of Freeholders know how important this is to us by sending emails to them via Albert Santos, Clerk to the Freeholders at [email protected] Even more critical, is that you attend the meeting to show the freeholders that Hoboken is in fact represented, that Hoboken opposes this project and that Hoboken does not think it is fair that once again, that the Barry family be rewarded for breaking promises the made to the Hoboken community. I hope to see you at the meeting! Tiffanie Fisher Hoboken Residents for a Public Waterfront

Posted by Lori Turoff | Currently No Comments »

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