Wednesday, September 13 -
After 15 years of economic captivity at the hands of an out-of-state
bankruptcy court, the beleaguered residents of Ocean Mile, NJ have a
developer who promises to break the spell. A parade of savvy old
timers and hopeful new comers drop into Rhoda's Deli, in the sh
--- In AsburyPark@yahoogroups.com, "theshortsalepro" <[EMAIL PROTECTED]> wrote:
>
> The role of master developer, at least in other high profile
> NJ redevelopment projects, is that of a choreographer/solicitor.
>
Well, NJ is a world onto its own, regardless of the legality. MD in NY,
and most o
--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
>
>
> Isn't that the rule: Dress for success - or to sucker someone. Look
> good.
>
> They didn't put a dime into their own offices. At least Kushner did.
> And that's not really working, is it, despite the PR.
My father's
--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
>
> A good lender would knock off a percentage of the appraisal so
they
> wouldn't get burried. I'm sure some of you may have had that
experience
> in AP. That is, unless you found a bank that jsut wanted to move
the
> lo
I'd bet a lot of MD's soft costs were subsidized
> by grants or low interest loans from the New Jersey Economic
> Redevelopment Agency, Department of Commerce, even the DOT.
>
AND the City of Asbury Park, the DEP and by anyone who buys a beer in the zone.
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The role of master developer, at least in other high profile
NJ redevelopment projects, is that of a choreographer/solicitor.
The MD (master developer) creates the opportunity and positions itself
in the drivers seat The MD doesn't get the whole pie, but seeks as
many pieces of the pie as po
