Tag Archives: downtown

What makes the ‘next hip neighborhood’?

How about some light weekend reading about planning and development, a slideshow of “How to Spot the Next Hot ‘Hood,” from MSN Real Estate. In addition to antiquing and building sports stadiums, the 12 points in the list include attracting artists and creative types, something Rahway has been trying to do. Some of the items more relevant to Rahway:

— “Hang with the Gen Y hipsters”: Portland, Ore.’s Pearl District was redeveloped from a rundown warehouse district in the ’90s to “just the sort of place that could be attractive to Gen Y,” featuring hip lofts, brew pubs, bookstores and art galleries, as well as office space for employers. They make the point that Gen Y seeks urban-type neighborhoods that are walkable, with amenities like shopping, recreation and entertainment within walking distance.

— “Follow the artists”: Few artists are rich, which means most of them set up shop in parts of town with cheap rent. But once artists move in…galleries and studios often attract restaurants and shops, turning the “downtrodden zones into culturally rich neighborhoods that often become unaffordable to artists themselves.”

The story cites SoHo in New York and SoMa in San Francisco as two big-city neighborhoods that the underpaid creative set transformed. “Now the streets of SoHo in Lower Manhattan are strewn with upscale galleries and restaurants, and the artists have long decamped for less stylish venues. With its spacious lofts, Williamsburg, Brooklyn, became an attractive location for artists in the past decade. But Williamsburg also has priced itself out of reach. Greenpoint, just to its north, now has embraced many of the artistic émigrés.”

— “Fly Creative: The buzz at the height of the housing bubble was that Seattle-area artists were on the cusp of turning the suburb of Burien, Wash., into the next SoHo. The community of 45,332 sits just south of Seattle and has long been home to legions of workers at Boeing, the aerospace giant. A vibrant arts scene — the city hosts a symphony plus numerous theaters and art galleries — was pulling in the creative set, as well.”

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An 1,800-seat theater falls into disrepair during ’70s, makes come back with the help of local supporters and government funding. It’s not the Union County Performing Arts Center but the St. George Theatre in Staten Island. In this case, along with $4 million in borough funds to revitalize the theater, a longtime Staten Island resident established a nonprofit to save the edifice and donated her life savings — nearly $1 million — to launch the effort.

From Crain’s New York Business: A star is reborn near waterfront in Staten Island: St. George Theatre helps to revitalize down-at-the-heels area.

Some more storefront shuffling

Catching up on some more retail turnover in the past few weeks, one of the longest tenured stories on East Cherry Street closed. Big Belly Deli opened in spring 2005 but it looks like the owner has some bigger issues to worry about now.

In case you hadn’t seen this story over the weekend from The Star-Ledger/nj.com, the owner of the deli and another man were accused by police of driving around the Rutgers University campus, shooting deer without hunting permits, and bringing the carcasses back to the deli — oh, and they allegedly were intoxicated too. “Authorities have not determined if the deer meat…allegedly brought into the store was sold to customers,” according to the story.

A “Business For Sale” sign was in the window a couple of weeks ago while the deli had closed in February. I’d heard some rumblings about the reason behind the closing but hadn’t been able to confirm that to post about it.

A newcomer to East Cherry Street appears to be Pet Essentials. Stenciled signage in the window at 43 E. Cherry St. indicates a place called Pet Essentials will be taking up space there. It’s essentially been vacant since the Rahway Art Hive moved down the block to Main Street last summer. The flier in the window seems to indicate an April opening for the pet supply store.

Speaking of The Art Hive, I’ve been told Jim McKeon, the man behind the Art Hive, is on hiatus traveling for the spring and closed up the art gallery and co-op studio last month.

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A story last month in The New York Times takes a look at continued redevelopment efforts in Asbury Park (Asbury Park’s Boardwalk Revival Moves Inward).

Some key takeaways:

* “Recent development projects and a growing restaurant scene have helped potential investors see the town as one that was ‘moving forward,’ and that its creative history had attracted a passionate crew.”

* Market-rate rents for street-level retail spaces range from $12 to $15 a square foot.

* “A soft economy and a lack of parking and pedestrian traffic had kept business from truly booming.”

Coming soon: New train station stairs?

Be still my heart, it looks like there’s a possibility that the stairs at the Train Station could be repaired by spring.

A recent addition to the board blocking access to the center stairs, near the taxi stand, is a poster that reads similarly as this station advisory on the NJ Transit website (though neither are dated specifically (so let’s hope it’s not a stretch that I’m assuming it means mean May 2011):

“The stairway serving the center of the inbound/eastbound platform (near the elevator) remains closed for necessary repairs. NJ Transit is working through the required permit process and expects construction to begin mid-March and continue through early May.”

An April 2, 2010 advisory noted that the stairs would be closed until further notice for “necessary repairs.” A year later and it would appear the “necessary repairs” were slowed up by the permit process, necessary approvals and paperwork. Just a guess, as there’s no word from NJT.

The most information I could come up with were in the comments to this blog post last year, where readers posted the responses they got from NJT’s customer service: Something about a re-design and approval required from the state Department of Community Affairs (DCA). Who knows, maybe it had to re-bid as well, which would cost a few months at least. I say, let’s have an anniversary party.

Facade collapses at burned out E Cherry building

The ground-floor facade of the burned out building at 65 E. Cherry St. collapsed over the weekend. It’s likely that it occurred sometime between Saturday morning and Sunday afternoon.

The Redevelopment Agency considered buying the property last summer and last spring was looking into possibly demolishing the structure. Dornoch purchased the property for $65,000 from the Parking Authority and more than three years ago had proposed renovations to the Planning Board.
The two-story building has been vacant since a fire destroyed the beauty supply shop in the summer of 2005.
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MyCentralJersey.com had this profile of Aromalicious, the new pastry shop on East Cherry Street.

Tax appeals doubled in 2010

Refunds were approved for 52 tax appeals last year, twice as many as were filed and settled at the county Board of Taxation in the 2009 tax year.

The increase was not unexpected and primarily due to economic conditions, City Administrator and Redevelopment Director Peter Pelissier said. In 2010, 20 of the 52 properties that were appealed were purchased in late 2008 or 2009, and three of them were brought by the city to correct assessments, he said.
The average tax refund among the 52 tax appeals was almost $1,900 while the average reduction on the appeal was $36,500. The largest appeals were industrial or commercial properties, such as more than $5,000 for 1072 Randolph Ave. and more than $15,000 for 670 E. Lincoln Ave., which saw its overall assessment reduced by a third. All 52 tax appeals can be found in this Google spreadsheet.
It’s much the same everywhere. This Bloomberg report from December indicated tax appeals are way up all over (“Tax appeals swamping U.S. cities, towns as property prices plunge”). Specifically, New Jersey homeowners filed 18,147 appeals in 2009, up from 10,067 the previous year — an increase of 80 percent.

Closer to home, there’s this story from MyCentralJersey.com, Piscataway budgets $500G for tax appeals, as well as this one from the Cranford Chronicle, Citing tax appeals, Cranford officials say surplus is down to $58,000 from previous estimates of $1 million.

In November, the City Council approved a multi-year tax appeal settlement for 1510 Main St./90 E. Cherry St. (Block 318, Lot 12) that had been pending in Tax Court. (It was not among the 52 appeals in 2010).

The building, acquired by Pioneer Investment Corp. in Linden for $205,000 in February 2000, houses Skaff Pharmacy on the first floor and apartments on the second and third floors. It pays about $11,000 annually in property taxes. The assessment was dropped by $37,600 — from $202,600 to $165,000 — reducing property tax by $1,909 in 2008, $1,962 in 2009 and $2,054. The total $5,924 will be applied toward 2011 taxes, as per the Tax Court.
After more than an hour in closed session tonight, the City Council approved a tax appeal settlement with Merck that will affect the 2011 budget and tax bills. The settlement was approved by a 6-0-1 vote. We’ll have details later this week.

Rahway gets ready for its close-up

In an effort to market the city, Rahway plans to run cable advertisements later this year.

City Administrator and Redevelopment Director Peter Pelissier told the Redevelopment Agency at its meeting last week that commissioners would be able to offer their input before a report is finalized. He met with Comcast last week to begin developing a series of professional ads to promote the downtown, invite young people to move to Rahway and showcase what it has to offer downtown – like the train station and Union County Performing Arts Center – and beyond.

Pelissier estimated the cost of the promotional campaign would be $25,000 to $30,000 and come from this year’s municipal budget, which will be up for final approval at Monday night’s City Council meeting. “It will be absolutely worth every penny,” he said, adding that production of the ads would begin by the spring, with broadcasts soon after.

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A study released Friday indicates that the state’s Transit Village designation (which Rahway has), “is helpful, but not necessary” for towns to see an increase in property values, according to a report on nj.com. Those towns that saw the most property value increases were ones with “a commitment for mixed-used developments around the train station.”

Nail salon expands to former dance space

Paris Nails last month expanded into the former Union County Dance Academy at 1542 Irving St. The dance academy left last spring for a new space in Linden.

No word on details of the lease, but the property last exchanged hands in 1998 for $600,000, according to PropertyShark.com.

 

Thanks to Bob Markey of the Chamber of Commerce for the photo. I’ll be catching up on a few things, so look for multiple posts this week.

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In another look at what other towns are doing with respect to their downtown or other commercial areas: Cranford considers pulling pay stations from Centennial Avenue parking areas. In this case, it’s not the downtown area – a point the mayor makes in the story – but also, the pay stations generate $7,000 in annual revenue but cost $9,000 to operate. The story quotes the mayor as saying the pay stations “place a burden on the business district that is still attempting to gain its footing.”

Dornoch updates agency on retail properties

As promised, the remainder of the briefing the Redevelopment Agency received last week from Glen Fishman, managing partner of Dornoch Holdings.

Fishman was invited to provide an update on the firm’s activities and while the “bad news” portion consisted of an update on the lack of activity at The Savoy, the “good news” portion, as it was described, concerned Dornoch filling its rental properties along Main Street.

Temporary surfacing parking eventually will take over the rest of Lot B on Main Street, adding about 100 spaces in a deal with the Parking Authority and Redevelopment Agency. How temporary the parking is likely will depend on when the economy rebounds. The space originally was planned for 152 residential units with retail-residential mix and parking component known as The Westbury.

Dornoch has been able to rent all but two of its buildings along Main Street, Fishman said. Residential apartments above its properties at 1513 Main St. and 1469 Main St., are rented while they’ve had some interest in the retail components. A New York tenant abandoned 1469 Main St., Fishman said, but a clothing store (headed up by his stepmother) has moved into 1513 Main St. (photo above) while 1501 Main St. has two potential tenants, including a Westfield attorney who may come before the agency and/or Planning Board with changes to the interior, and another tenant who may be interested in the entire building. He’s hopeful to have the spaces filled by February or March.

“People continue to have faith in the town and are willing to spend,” Fishman told commissioners.

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Here’s an idea that might be worth copying. Summit’s merchant association, Summit Downtown, Inc., issues an annual report of sorts, the going vacancy rate and detailing the past year of openings and closings. While Summit may be vastly different in terms of demographics, like Rahway, it also has a Special Improvement District (SID) tax.

Perhaps an effort such as this may be undertaken by the reorganizing Rahway Center Partnership, which is revamping its website, the fledgling Chamber of Commerce, or be included in the mayor’s pledge to market the city.

By the way, Summit reported a vacancy rate of 4.8 percent, 10 vacancies, down from 7.6 percent, 16 vacancies, with 21 new stories and seven expansions/relocations, and five new openings anticipated early this year.