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Weekly News (August 29, 2018)

1. Chinese Insurance Co, AnBang Group is selling Waldorf Astoria Hotel Chinese Investors are selling properties and leaving Manhattan. AnBang Group purchased Waldorf Astoria Hotel at $1.95B in 2014. China Government is controlling US Dollar and Investment in US after Trade war began. Package deal for 16 Hotels in US on the marketà Middle Eastern […]

Weekly News (August 22, 2018)

1. New Public Parking garage in Fort Lee, NJ will be completed in Nov this year Capacity: 352 / 4 stories → Total 625 (outside parking: 273) Parking tickets in Fort Lee issued between 7/2017 – 6/2018 → 31,489 (8% Up from last year) Parking tickets in Palisades Park is down by 14% to 23,249 partially because […]

Weekly News (August 15, 2018)

1. School districts joining plan might affect Northern Bergen County schools Tenafly operates elementary, middle, high schools Closter, Demarest, Old Tappan have only elementary and middle schools. High school go to NVRH Stephen Sweeney (President of NJ Senate) proposed the plan that those towns with elementary and middle will be joined/merged→ 600 schools become 278, […]

Weekly News (August 7, 2018)

1. Edgewater residents are conflicting with two big development project The lot at former golf range on River Road (vacant since July) → postponed the hearing due to conflict of interests → plan: to construct 3 buildings for total 670 apartments, each 200ft tall and 3 story parking deck, recreation center (developer is 575 River […]

Weekly News (August 1, 2018)

1.  New Jersey is #2 for Public Education System in US According to WalletHub, NJ : 67.09 (out of 100) → #2 / MA: 74.1→  #1 NJ→ Education Quality: 3rd, Safety: 9th CT: 66.93→ #3 / NH: 65.11→#4 / VT: 63.18→#5 NY: 53.36 →  #22 ( Quality:24th, Safety: 12nd)                                                                          Criteria: Math, English, SAT score, Student and teacher […]