Proposed apartments on Broad Street will benefit Ridgewood
AUGUST 29, 2014 LAST UPDATED: FRIDAY, AUGUST 29, 2014, 12:31 AM
Proposed apartments on Broad Street will benefit village
Robert Jenkins
As a lifelong resident of the village, and a person who has spent the past 36 years working in downtown Ridgewood, I have seen many changes to the business district. Businesses come and go, but luckily the downtown area continues to be charming and seemingly well attended.
However, in light of the struggling economy, I believe that the village would benefit from a shot in the arm, such as would be provided by the luxury apartment complex proposed at the former Brogan Cadillac site on South Broad Street.
It’s easy to see the benefits of such a complex. Many of my contemporaries have moved, or are planning to move, out of the village at some point — to downsize and/or simply find a place to live without the rigors of upkeep that owning a house entails. Luxury apartments in the downtown area would offer an attractive alternative to moving away and in the process would provide not only increased tax revenues to the town, but also a boost to the local businesses that would ensure the continuation of the downtown district.
How much does a “luxury” apartment cost?
People on a fixed income downsize to lower costs not just to be done with lawn mowing.
Will the apartments be open to all or will there be age/income restrictions? Goes back to the idea that city dwellers would also find a luxury apt in Ridgewood attractive. In NYC 2 bedroom apartments house families with 4 children.
Couldn’t agree more. Just build them to comply with the limits outlined in the current Master Plan.
Without numbers how does anyone know that there will be a benefit?
Wishful thinking is not a downtown development plan.
I would love an inexpensive 2/3 bedroom luxury condo with LOW taxes and maintenance in Ridgewood. Is that the plan?
#3, prices for condos or rent for apartments are not included as part of a submission for Master Plan changes. A Master Pan is about land use.