--- In AsburyPark@yahoogroups.com, "Jack Pitzer" <[EMAIL PROTECTED]> wrote:
> Madison Marquette is working hard to bring us a nicer boardwalk. I
stand behind their
> recent efforts, and I'm not going to rush to judge things.
==========
All thats been done is yet more paint jobs and 'temporary' repairs to
the 5th Ave Pav. OK, the 'Plaza' (that's supposed to be green acres
space). The Casino/ConHall projects should have been started 5 years
ago. OK yes I'll give them credit for getting that jump started.
==========
> Our boardwalk area was a hotbed of positive activity this weekend,
ranging from the
> concerts at CH, scenes from the movie Greta being filmed along the
boardwalk, and the
> BMX tournament at the Casino. The BMX event brought people in from
all over the country
> and world.
==========
The bottom line is that the City (The Taxpayers) are getting the short
end of the stick. All the events, movie sets, rentals, etc, on the
beachfront are benefiting Asbury Partners.
They are the owners/landlord of those properties, not the City. The
bulk of revenue is going to Partners/MM.
The assessed base of all those properties does not increase with the
increased revenue generation for the owners.
The spill over effect of benefit to the City only happens in the beach
season when the City collects beach badge fees.
>From a marketing perspective, Yes, exposure is great but again the
PLAN that was banked on was to have 1000s of tax producing condos.
How will all these 'nice' events SIGNIFICANTLY help to get the CITY
(Taxpayers) out of the economic hole that's been dug?
Werner
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