June 6, 2018

1. ADM (American Dream Meadowlands) is ready for a boom 

  • Expecting tourism boost → Big money for area business
  • Hotels are repositioning to benefit from that boom, starting with Taylor Swift in concert this summer / WWE Wrestle mania XXXV in April, 2019 / Transplant Games in 2020 / The Army-Navy football game in 2021
  • Example: Super Bowl in 2014 →  8,500 rooms are occupied / $4.18 Million Revenue, $626,714 Tax
Read more ...

May 30, 2018

1. Korean population increased in Northern NJ

  • Towns with denser Korean population increased Korean population continually since 2010
  • Palisades Park: Estimated to 20,988 (0.8% Up compared to 2016, 7% Up from 2010)
Read more ...

May 23, 2018

1. Palisades Park Administrator, Lorenzo might be involved with embezzlement 

  • Jesse Wolosky (Sparta resident, Civil activities) reviewed reimbursement doc released from Palisades Park town according to OPRA
  • $67,783 reimbursement for legal fee paid to Lorenzo on 12/20/2017
Read more ...

May 16, 2018

1. KMS Capital purchased 'River Drive Center II' in Elmwood Park, NJ 

  • Korean RE investment company KMS Capital → CEO: Monica Kang
  • Purchased 669 River Drive, Elmwood Park, NJ at $8.1 Million (4 story / 83,620 SF)
Read more ...

May 2, 2018

1. Palisades Park Public High School Security Guard project might be halt

  • Town selected 9 guards by Henry Lou’s (Council member) personal contact, but no objective data to prove their fitness and qualification
  • Among 9 guards selected, Mayor Rotundo’s cousin and Henry Lou’s brother included
Read more ...