Re: [AsburyPark] Re: CHECKMATE!

Mon, 09 May 2005 05:05:01 -0700

Hello [EMAIL PROTECTED],


In reference to your comment:
Too bad emotion takes a higher priority than reason for some people.
It seemed to me more an impassioned response to constant carping.  That'll beat specious reasoning any day.
 

========Original Message========
Subj: [AsburyPark] Re: CHECKMATE!
Date: 5/9/2005 6:46:17 A.M. Eastern Daylight Time
From: [EMAIL PROTECTED]
To: AsburyPark@yahoogroups.com
Sent on:   

Too bad emotion takes a higher priority than reason for some people.

> ...The same people who complain the major landmarks were "given"
away are 
> the same people who have seen sizeable appreciation in their homes

The beachfront properties (ConHall, Cas, Pav's)will evntually be the
most valuable real estate in the entire city, being the closest
property to the ocean. Had the City retained ownership, the taxpayers
would have enjoyed that appreciation in value instead of a "master
developer".

> I do remember when NO ONE wanted to bid  on the casino,
> and other "beloved" properties. That was then . This is now.

Those properties were not for sale, they were owned by you, the
taxpayer. If you are refering to the bids for leases, Mr. Bill Sitar
(Sitar Realty) won high bid on virtually all the beachfront leases,
including the Cas. That was 4 years ago and those buildings would all
be rehabilitated and functional by now if the entire bid process had
not been cancelled. PS: regarding sale: would you sell your home
without an appraisal? This council did right out from under you.

> The  reason it now
> seems these properties that no one would touch are worth 
something, is
> because we have ACTIVE development plans down at  the beach. And we
should thank
> the current council (and Kate Mellina) for that.

Four years later and all of the beachfront buildings are in worse
condition than before. The Palace (National Historic site) is gone.
100% lot coverage is allowed in the redevelopment area. Public
parking for the event and beach visitors was not condidered in the
plan. A "City within the City" is being built on the oceanfront. The
wide streets are all being narrowed to Ocean Grove scale. No
significant commercial or business zoning. (You say Thanks ?????)

> Is it perfect? Maybe not.
> Eminent domain is a big problem. But that can be  corrected and
should be.
> Otherwise, that area was depressed and hopeless.

This Council entered into an agreement that violated the terms of the
redevelopment plan that was the subject of the bankruptcy case. The
spector of eminent domain is preventing the development of all
private property in the zone. Corrected ??? Should never have been
done in the first place and speaks to an inept leadership.

> And  yes, I believe the tax rebates
> are the cost of doing business. Am I unhappy my  taxes are going
up? Yes. But
> as more businesses and homes come in with better  rateables I hope
things will
> get better.

(That's abatments) The city is only receiving the same revenue that
it would under a regular tax structure, yet the condo buyers are
getting a 50% discount on their tax bills. No contribution for
schools either. The structure of the abatements does nothing to
benefit the financial situation of the City.

> CAFRA,  Historical implications of buildings, zoning,
> architectural  rendering  agreements, have delayed the water front
as much as anything
> else. How can the  developers start when we won't approve a
rendering for the
> project? The  developers carrying costs must be tremendous on
property they
> have been delayed  on improving.

Weldon and this Council refused to bring the various State agencies
into the process early on. Deals were made, plans drafted and then a
review was requested. The delays are the City's own doing by not
bring in the required resources in the begining. (Wonder what Weldon
had to hide?) There is nothing stopping Asbury Partners from
rehabilitating what they own currently except that they are not
developers.

>  And I will vote for those candidates. Not  because APAC says that
> is the right vote. But because it is the right vote. They  did
> their homework. I did mine.

This entire line of reasoning clearly flows from a lack of knowledge
about what redevelopment is supposed to accomplish. The poster and
this council have that in common. Oh, at least their doing something,
my property value has gone up.

Werner





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/
Yahoo! Groups Links

Reply via email to