Wait, so the argument now is… because a previous council approved the building of condos, in order to “save” the Village we need to appease the developers and build a garage for them given that they will obviously not have the needed parking spaces for their new tenants….and if we don’t build this thing, this town will become a glorified Rt 17 strip filled with gyms, banks and more condos? Come on people…..let’s all assume they build this thing, how does that change anything in terms of the parking landscape in this town? Yes, commuters will use it, yes shoppers will use it, but lets be realistic, probably only those looking to shop on Broad St or very close to it. We all know that everyone in this town or those that come here want to park right across the street from where they’re going, as stated in many of the posts before, if you look for parking you will find it, but you may have to walk a bit. So the taxpayers of this town should spend millions of dollars to alleviate a problem that may or may not exist for two to three hours on Friday and Saturday nights?? Do the math, it doesn’t add up and with Uber that problem is going away. Let’s spend money on updating the current run down parking lots we have or reconfigure current parking lanes and see how that goes….what’s the downside? We need to stop looking backward and look forward….Uber and Amazon to name a few are changing how we live our lives….less brick and mortar, less cars being driven for nights out….that’s the future, not building a garage that maybe in 1990 there was a solid argument for.
April 30, 2017 at 3:00 AM
In an editorial a year ago, NJBIZ noted that Sports Authority was hitting the showers and closing its stores. Sports Authority stores? No offense intended, but who remembers them now?
Since then, the drop in brick-and-mortar retail sales and the closing of stores throughout New Jersey has become what we feared just 12 months ago — the new normal.
Reports of store closings come almost daily now. J.C. Penney, Macy’s, Payless, HHGregg, Rue21, Bebe — they all have closed stores in New Jersey and elsewhere in recent weeks. And the pace is accelerating. Credit Suisse has said that more than 8,600 stores will close in 2017 — a deluge worse than the record 6,163 stores that closed in the recession year of 2008. That would translate into 147 million square feet of retail space, the brokerage firm said in a research report. Sears, which owns Kmart — Sears! — has said it has “substantial doubt” that it can survive.
It all reminds us of Ernest Hemingway’s famous line in “The Sun Also Rises” about how a character went bankrupt: “Two ways. Gradually, then suddenly.” Online commerce, of course, is the culprit. Approximately two-thirds of American consumers prefer to shop online, according to surveys.
The bad news about retail stores in New Jersey has been somewhat mitigated by the opening of seven Amazon warehouses in the state in recent years and plans to open three more. The largest so-called Amazon “fulfillment center” opened in Carteret less than two weeks ago, with more than 2,000 employees working in a 1-million-square-foot facility.