Mark, When bullshit baffles brains you are of course too technical; since we're too lazy to inquire, demand or know the facts, it's a damned good thing you're around.
That said, I'd bet the primary reason Jersey's development law differs so much from NY's is the absence of `pay to play' in the latter. Our developmental process didn't become a sham by chance; it is what it, by design. Similarly, a fishy window salesman, diamond merchant, tax arrears purchaser, didn't become a `Master Developer' by chance; rather by paying to play in the state of payoffs with a council too eager to play along. --- In AsburyPark@yahoogroups.com, "Tyler, Mark" <[EMAIL PROTECTED]> wrote: > People say I'm too technical in my posts but here goes anyway. > There are differences between New York and New Jersey in development law. > So it may be difficult to compare. In NY a large scale development must do > an impact statement that covers more areas of concern than in NJ. At least > a large scale residential one does. Although an impact statement was > required by NJ for this development, its scope was more limited than in NY. > The state review in NY seems to be more serious than it was here as well. It > doesn't matter as much in NY if the municipality doesn't have experience > because the state reviews a broader spectrum of impact issues. > As witnessed by the recent bidding war over the Jets stadium, every > little bit of property must be appraised and bid out to the highest bidder. > The sales of the Casino and CH, etc. just could not have happened in NY. Or > at least not in the same way. The developer would not have legal title and > the manner in which it was done here in Asbury is not even remotely legal in > NY. In NJ they have passed laws so municipalities can sue after the > development is done, rather than address the problems upfront. Obviously > this is a different approach. > Nevertheless it'll be interesting to see how they compare. Although > Asbury has an advantage in that it is closer to much of Manhattan and the > Bronx than Coney Island. > > -----Original Message----- > From: AsburyPark@yahoogroups.com [mailto:[EMAIL PROTECTED] > Behalf Of jerseyjohn99 > Sent: Sunday, April 24, 2005 1:42 PM > To: AsburyPark@yahoogroups.com > Subject: [AsburyPark] Re: Looking to Past Glory > > > > > Fascinating article. I've found one major disparity between Coney > Island & Asbury Park. Coney Island has "Coney Island Development > Corporation", which seems to be similar to New Brunswick's DevCo. > According to their website: > > http://www.thecidc.org/aboutus.html > > "The Coney Island Development Corporation was formed in September > 2003 by the Mayor, the City Council and Brooklyn Borough President. > The 13-member Board of the CIDC includes City officials, local and > Brooklyn-wide business and community leaders. It is charged with > spearheading and implementing a comprehensive planning process for > Coney Island and creating a coordinated economic development > strategy for the area. New York City Economic Development > Corporation (NYCEDC) Chief Operating Officer Joshua J. Sirefman > chairs the Board, and each of the members serves for a term of two > years." > > Although Thor Equities is buying many of the stands & concessions, > business & community leaders will have a say in how Coney Island is > redeveloped. > > We shall see in 10-15 years the difference between a Development > Corporation versus a private entity developer. > > > --- In AsburyPark@yahoogroups.com, [EMAIL PROTECTED] wrote: > > Food for thought: Read "Asbury Park" for "Coney Island." > > > > > > In Coney Island's Future, Looking to Past Glory By _JOSEPH BERGER_ > > (http://query.nytimes.com/search/query?ppds=bylL&v1=JOSEPH > > BERGER&fdq=19960101&td=sysdate&sort=newest&ac=JOSEPH > BERGER&inline=nyt-per) > > > > > > > > > > > Yahoo! Groups Links Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
