December 13, 2017

1. Leonia town decided to block non-resident’s cars to get in the town →Issue 

  • Town decision: block non-resident’s car during commuting hours fine for $200
  • For 60 roads in town during 6:00am-9:00am and 4:00pm ~ 9:00pm from 1/15/2018
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December 06, 2017

1. PATH will be extended to Newark Airport ?

  • NY, NJ Port Authority reviews a proposal: PATH extension to Newark Airport
  • Extension from Newark Pen Station to Airport: Total 2.4 miles
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November 29, 2017

1. New Rental Complex in Cliffside Park, NJ starts moving-in 

  • 'The Centre Luxury Living' at 705 Anderson Ave, Cliffside Park
  • Lobby height → 3 story. Manhattan sky line view
  • Studio (564~600 SF): starts from $2,025 / 1BR (834~875 SF) starts from $2,800 / 2BR (1194~1338 SF): starts from $3,200
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November 22, 2017

1. Mortgage interest deduction will be maintained

   Congress financial committee released revised plan:

  • Mortgage Interest deduction limit from $500,000 (House Representatives) revert back to $1 Million
  • Corporation Tax 35% → 20% Plan will be delayed till 2019
  • Individual Tax : 7 levels (House Representatives: 4 levels) will be kept (Max 39.6% → 38.5%)
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November 01, 2017

1. NYC is difficult to be Amazon's 2nd HQ

  • 238 city's proposals from 54 States
  • Tough competition: NYC → Probability 14:1 (Manhattan Mid-town West, Lower Manhattan Financial District, Queens LIC, Brooklyn Triangle)
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