[AsburyPark] Re: How does BW activity help the bottom line ?
The problem with you Werner, is YOU make TOO much sense! You lay it all out plain and simple! No double talk, double entendre's, nada! Plain old english, the way I like it. If I could repeat my post to you, I would. If I could apologize for the actions, taken against you, I hope you know, that this group, is in your corner. You have been the voice of reason, of good common sense, a person who REALLY cares and knows what this City was and now, what it is. I've learned so much through you, Frank, Mario, Dan, Glenn, Jack, Maureen, God Bless her, the short salespro, the bikeman, the couple and if I missed someone, I didn't mean to leave you out! Really, I thought I knew about AP; yeah, I've been reading negative stuff about this town, since I landed here, but I was taught, Believe NONE of what you hear, and HALF, of what you see! I knew that there must be something awfully valuable here, because EVERYBODY, want a piece! Like the Big Apple, I ain't never got a bite! Let me back up a bit; Thanks to the legal eagle, JR and all of the real estate people! Know what else? I don't agree with everyone, all the time, but I respect the fact that I just may be wrong, as perfect as I think I am! After a hard election, where lots of mud was flung, we're still here. Werner, thanks for your knowledge and I wish I had done my homework, like you have. Just wanted to give you 2 thumbs up! --- In AsburyPark@yahoogroups.com, wernerapnj [EMAIL PROTECTED] wrote: --- In AsburyPark@yahoogroups.com, asburycouple asburycouple@ wrote: As hard as it is to feel this way, I don't think MM can be saddled with the sins of the past and be forced to play catchup, either by working 5 times faster or by somehow being forced to deal with the shortfall in taxables caused by Partners lack of progress. My opinion is that you have to look at MM's entry as the starting point for them and judge what they are able to do in a reasonable timeframe apart from justifyable frustrations that should be directed to Partners. It is never wise to punish the son for the sins of the father. Judge MM on what they are doing as though the slate with them is clean. Again, nobody will always agree with what they do but overall they seem to be investing and things are getting done. I wish we had five years back but we don't and it wasn't their fault. === Just some clarification as to the responsibilities/positions of the parties involved. Asbury Partners has the development rights in the entire Redevelopment Area (I'll give the boundaries if anyone is interested) They are responsible for assembling large parcels of property in the RA and selling them to 'real' developers. They own everything east of Ocean Ave due to the sale of public property by the City. That property is not in the RA and has not been rehabilitated as was promised. Madison Marquette is a partner of Asbury Partners with Asbury Partners holding the majority say. MM is in for the retail component along the beachfront (E of Ocean Ave). Then there's Paramount (N of BCH) Metro (C-8) and Westminster (Wesley) all of which are developing property that Asbury Partners received title to from the Carabetta settlement. No ED was used to acquire them. The point of all this - just to put it all in perspective while figuring out who to blame/praise for what's going on. (Ultimately, isn't it the City Council?) Werner Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] * 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/
[AsburyPark] Re: How does BW activity help the bottom line ?
Werner, I share your dissapointment with what has not been accomplished over the past five years. But we are where we are and can't judge what's being done now by MM through the lens of where we should have been had the past five years been different. That is both unrealistic and unfair. MM has been here for less than a year. They appear to be trying - for the first time someone is making a real commitment and effort in my opinion. They don't have a magic wand or a time machine. By your standards unless they can step back in time and redo the past five years nothing they do will be right. In less than a year they have demonstrated a commitment to making things happen. Rome was not built in a day and neither will Asbury Park be restored in a year. I may not agree with everything they do - nobody will - but on the whole they should get credit and community input not criticism for the past failures of Asbury Partners. And regardless of who gets the revenue - it is critical that people keep coming. The boardwalk was alive this weekend - the first weekend in November. It should have been a ghost town down there. You may think it doesn't matter but it does. Momentum is a very real thing and I'm glad they are trying to continue to build it and not just closing up shop through the fall. --- In AsburyPark@yahoogroups.com, wernerapnj [EMAIL PROTECTED] wrote: --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ 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 Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] * 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/
[AsburyPark] Re: How does BW activity help the bottom line ?
The question remains how is the budget shortfall going to be fixed - By hitting the current residential property owners hard ? No, they will claim hardship and the pain it will cause to city property owners. They state will again print money and hand it over - run the city, run the schools etc. Property owners in AP pay alot now and they dont pay either. The rest of the state pays for the LACK of development in AP. Lucky individuals stepped up and redid what they did. YOu have quite a few condos that are FINISHED that havent been sold A new 500k condo on the oceanfront runs about 7500 yr in taxes plus maint. That's not exactly an easy sell. It's all NJ - TAXES. $600 month on 500k. Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] * 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/
[AsburyPark] Re: How does BW activity help the bottom line ?
As hard as it is to feel this way, I don't think MM can be saddled with the sins of the past and be forced to play catchup, either by working 5 times faster or by somehow being forced to deal with the shortfall in taxables caused by Partners lack of progress. My opinion is that you have to look at MM's entry as the starting point for them and judge what they are able to do in a reasonable timeframe apart from justifyable frustrations that should be directed to Partners. It is never wise to punish the son for the sins of the father. Judge MM on what they are doing as though the slate with them is clean. Again, nobody will always agree with what they do but overall they seem to be investing and things are getting done. I wish we had five years back but we don't and it wasn't their fault. --- In AsburyPark@yahoogroups.com, wernerapnj [EMAIL PROTECTED] wrote: Thank you, I do agree with what you observe, however even MM has been dragging their feet. Perhaps due to problems with the Partners, I don't know. What I do know is that I attended the planning board applications for the 5th Ave Pav. This project is a 'no-brainer' The Plan calls for the Pavilion to be restored, in its entirety. They begged to be approved for a temporary approval of a partial rehab. This is one building that requires very little design/thought about what the finished product should be. There are original renderings, images, prints, etc, available. Yet another year has gone by. Just one concrete example of continued delay in spite of evidently having great financial resources. What you do not comment on is my concern, the financial health of this City. Recall that the State contributed $7.5M this year to fix our shortfall. Its already been stated that $8M will be needed next year. As to making things happen and a good 'show' thats all fine. I'll even concede that the last 5 years are over. But considering that, shouldn't the current efforts be at triple speed to make up the lost time? Instead of asking for temporary approvals. The question remains how is the budget shortfall going to be fixed - By hitting the current residential property owners hard ? Werner --- In AsburyPark@yahoogroups.com, asburycouple asburycouple@ wrote: Werner, I share your dissapointment with what has not been accomplished over the past five years. But we are where we are and can't judge what's being done now by MM through the lens of where we should have been had the past five years been different. That is both unrealistic and unfair. MM has been here for less than a year. They appear to be trying - for the first time someone is making a real commitment and effort in my opinion. They don't have a magic wand or a time machine. By your standards unless they can step back in time and redo the past five years nothing they do will be right. In less than a year they have demonstrated a commitment to making things happen. Rome was not built in a day and neither will Asbury Park be restored in a year. I may not agree with everything they do - nobody will - but on the whole they should get credit and community input not criticism for the past failures of Asbury Partners. And regardless of who gets the revenue - it is critical that people keep coming. The boardwalk was alive this weekend - the first weekend in November. It should have been a ghost town down there. You may think it doesn't matter but it does. Momentum is a very real thing and I'm glad they are trying to continue to build it and not just closing up shop through the fall. Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] * 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/
[AsburyPark] Re: How does BW activity help the bottom line ?
Thank you, I do agree with what you observe, however even MM has been dragging their feet. Perhaps due to problems with the Partners, I don't know. What I do know is that I attended the planning board applications for the 5th Ave Pav. This project is a 'no-brainer' The Plan calls for the Pavilion to be restored, in its entirety. They begged to be approved for a temporary approval of a partial rehab. This is one building that requires very little design/thought about what the finished product should be. There are original renderings, images, prints, etc, available. Yet another year has gone by. Just one concrete example of continued delay in spite of evidently having great financial resources. What you do not comment on is my concern, the financial health of this City. Recall that the State contributed $7.5M this year to fix our shortfall. Its already been stated that $8M will be needed next year. As to making things happen and a good 'show' thats all fine. I'll even concede that the last 5 years are over. But considering that, shouldn't the current efforts be at triple speed to make up the lost time? Instead of asking for temporary approvals. The question remains how is the budget shortfall going to be fixed - By hitting the current residential property owners hard ? Werner --- In AsburyPark@yahoogroups.com, asburycouple [EMAIL PROTECTED] wrote: Werner, I share your dissapointment with what has not been accomplished over the past five years. But we are where we are and can't judge what's being done now by MM through the lens of where we should have been had the past five years been different. That is both unrealistic and unfair. MM has been here for less than a year. They appear to be trying - for the first time someone is making a real commitment and effort in my opinion. They don't have a magic wand or a time machine. By your standards unless they can step back in time and redo the past five years nothing they do will be right. In less than a year they have demonstrated a commitment to making things happen. Rome was not built in a day and neither will Asbury Park be restored in a year. I may not agree with everything they do - nobody will - but on the whole they should get credit and community input not criticism for the past failures of Asbury Partners. And regardless of who gets the revenue - it is critical that people keep coming. The boardwalk was alive this weekend - the first weekend in November. It should have been a ghost town down there. You may think it doesn't matter but it does. Momentum is a very real thing and I'm glad they are trying to continue to build it and not just closing up shop through the fall. Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] * 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/
Re: [AsburyPark] Re: How does BW activity help the bottom line ?
Another keeper. Post on refrigerator. In a message dated 11/6/2007 7:42:44 A.M. Eastern Standard Time, [EMAIL PROTECTED] writes: But we are where we are and can't judge what's being done now by MM through the lens of where we should have been had the past five years been different MM has been here for less than a year. They appear to be trying - for the first time someone is making a real commitment and effort in my opinion. They don't have a magic wand or a time machine. In less than a year they have demonstrated a commitment to making things happen. Rome was not built in a day and neither will Asbury Park be restored in a year. I may not agree with everything they do - nobody will - but on the whole they should get credit and community input And regardless of who gets the revenue - it is critical that people keep coming. The boardwalk was alive this weekend - the first weekend in November. It should have been a ghost town down there. ...Momentum is a very real thing and I'm glad they are trying to continue to build it and not just closing up shop through the fall. ** See what's new at http://www.aol.com
[AsburyPark] Re: How does BW activity help the bottom line ?
--- In AsburyPark@yahoogroups.com, asburycouple [EMAIL PROTECTED] wrote: As hard as it is to feel this way, I don't think MM can be saddled with the sins of the past and be forced to play catchup, either by working 5 times faster or by somehow being forced to deal with the shortfall in taxables caused by Partners lack of progress. My opinion is that you have to look at MM's entry as the starting point for them and judge what they are able to do in a reasonable timeframe apart from justifyable frustrations that should be directed to Partners. It is never wise to punish the son for the sins of the father. Judge MM on what they are doing as though the slate with them is clean. Again, nobody will always agree with what they do but overall they seem to be investing and things are getting done. I wish we had five years back but we don't and it wasn't their fault. === Just some clarification as to the responsibilities/positions of the parties involved. Asbury Partners has the development rights in the entire Redevelopment Area (I'll give the boundaries if anyone is interested) They are responsible for assembling large parcels of property in the RA and selling them to 'real' developers. They own everything east of Ocean Ave due to the sale of public property by the City. That property is not in the RA and has not been rehabilitated as was promised. Madison Marquette is a partner of Asbury Partners with Asbury Partners holding the majority say. MM is in for the retail component along the beachfront (E of Ocean Ave). Then there's Paramount (N of BCH) Metro (C-8) and Westminster (Wesley) all of which are developing property that Asbury Partners received title to from the Carabetta settlement. No ED was used to acquire them. The point of all this - just to put it all in perspective while figuring out who to blame/praise for what's going on. (Ultimately, isn't it the City Council?) Werner Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] * 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/
