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Wednesday, February 21, 2007

Bits & Briefs

Kvetching about condos
As Toll Brothers push forward with plans to build towers on the Manischevitz factory site, activists want to be part of the dialogue. Half the Manischevitz property is outside the PAD, and recent variances for 111 First Street might set a precedent that allows Toll to go higher.

Housing Market Heats Up
Apparently the housing crash is over, at least in the metro region. Bidding wars are back just in time for the spring collections.

Trump's local apprentice
Architect Dean Geibel is interviewed regarding the Trump Tower. Rumors of the demise of the second tower are greatly exaggerated; Geibel says the abatement payment to the city has been made, and at a cool $1.6 million, you can bet they're going to be building the other tower.

New construction coming to train terminal area
Hoboken's rail yards might not be getting as much attention as those in Brooklyn or the west side of Manhattan, but developers could soon be dreaming just as big. Hoboken's council has approved a planning board study calling for the redevelopment of the yards. Half the yards of course are in Jersey City, north of the Newport redevelopment property.

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