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Big bet on Dream project; risk, reward weighed on $1B bond sale

xanadu

SEPTEMBER 5, 2015, 10:58 PM    LAST UPDATED: SUNDAY, SEPTEMBER 6, 2015, 12:16 AM
BY CHRISTOPHER MAAG, LINDA MOSS AND JOHN BRENNAN
STAFF WRITERS |
THE RECORD

What does it take for a developer to borrow a billion dollars to build a mall in New Jersey?

It takes winning over people like Lyle Fitterer, an investor in Menomonee Falls, Wis., who controls $17.5 billion in other people’s money. He invests only in government bonds, including the type that Triple Five, a Canada-based conglomerate, expects to sell soon to complete American Dream, the long-stalled shopping and entertainment complex in the Meadowlands.

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So what does Fitterer think of American Dream? Well, it’s complicated.

Demand for such high-risk, high-profit bonds is stronger now than it was two years ago, when Triple Five first received government support for a bond sale, Fitterer said, but the market remains weak. Whereas the original deal offered only tax-free bonds, the revised proposal includes both taxable and tax-free bonds, a mix that he said will broaden the pool of potential investors.

But because the bonds are not backed by taxpayers in New Jersey or the borough of East Rutherford, where the project sits, Fitterer would avoid losing money on the deal only if American Dream succeeds.

And since few have ever attempted a project quite like American Dream, that makes Fitterer and many of his deep-pocketed peers nervous.

https://www.northjersey.com/news/big-bet-on-dream-project-risk-reward-weighed-on-1b-bond-sale-1.1404658

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South Bergen towns sue COAH, seek protection from litigation

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JULY 23, 2015    LAST UPDATED: THURSDAY, JULY 23, 2015, 12:32 AM
BY KELLY NICHOLAIDES
STAFF WRITER |
SOUTH BERGENITE

The municipalities of Carlstadt, East Rutherford, Lyndhurst and Rutherford have filed lawsuits in Superior Court against the Council on Affordable Housing and Mt. Laurel ruling.

The municipalities seek declaratory judgment granting temporary immunity from exclusionary zoning lawsuits also known as builder’s remedy lawsuits, five months to complete an updated affordable housing methodology and judgment of compliance and repose, the documents read.

The COAH process has inundated courts since the agency failed to adopt new third round regulations. COAH third-round obligations from 2004 were challenged in 2007, with the Appellate Division invalidating various aspects of regulations, and a revised third round was published in 2008, only to have amendments added. The transfer of jurisdiction to the courts later showed that the growth-share methodology was invalid, and COAH should use methodologies adopted in the first and second rounds. COAH deadlocked on adopting revised third-round regulations, and the Fair Share Housing Center filed a motion to enforce litigants’ rights. The court ruled COAH’s administrative process non-functional, and allowed developers to go directly to court bypassing the agency — setting up towns for lawsuits from builders.

Although municipalities had until July 8 to submit their affordable housing plan to the court, East Rutherford, along with at least 70 municipalities, is asking for a five-month extension from the date of the court ruling and opted to hire experts to come up with a new methodology to calculate fair share housing since COAH failed to adopt revised regulations. The towns hired Robert W. Burchell and Rutgers, in a Municipal Shared Services Defense Agreement to prepare a statewide fair share affordable housing analysis to be undertaken by Rutgers and Burchell. Burchell will analyze any challenges to the Initial Fair Share Analysis and prepare a rebuttal report for the court

https://www.northjersey.com/news/towns-sue-for-5-month-coah-plan-extension-1.1379122

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North Jersey rising: with casino war raging, four-county unity alliance party draws statewide power to Meadowlands, a sign of potential power shift

xanadu_theridgewoodblog

EAST RUTHERFORD – In the last book of the New Testament of the Bible, the Four Horsemen of the Apocalypse ride on to the scene, a vision of divine apocalypse, a harbinger of the Last Judgment, a shudder for sinners for all time.

At Meadowlands Racetrack on Tuesday night, the Democratic chairmen of four North Jersey counties – Bergen, Essex, Hudson and Passaic – rode into East Rutherford for what was billed as a charity event, providing what could be a glimpse of doom to South Jersey power brokers as the war clouds of casino controversy loom over all of New Jersey.  (Bonamo/PolitickerNJ)

North Jersey rising: with casino war raging, four-county unity alliance party draws statewide power to Meadowlands, a sign of potential power shift | New Jersey News, Politics, Opinion, and Analysis

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Arrests made at Summer Jam concert after some fans clash with State Police

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JUNE 7, 2015, 10:19 PM    LAST UPDATED: MONDAY, JUNE 8, 2015, 12:23 AM
BY JIM NORMAN AND JEFF GREEN
STAFF WRITERS |
THE RECORD

Some of the music fans at the Hot 97 Summer Jam clashed with law enforcement officers at MetLife Stadium on Sunday night, and State Police in riot gear called in two Bearcat armored personnel carriers and shot streams of pepper spray gas as angry concertgoers hurled bottles, according to reports from the scene.

State Police spokesman Sgt. Gregory Williams said he could confirm only that “additional troopers” had been dispatched to the stadium in East Rutherford, but he could not say how many. He said there were “multiple arrests” inside and outside the stadium, but that he could not give precise numbers.

The concert, with headliners Kendrick Lamar and Chris Brown, continued despite the unrest.

People at the scene said police used sound generators to produce a screeching, ear-pounding noise in an effort to disperse the crowd, only to see it regroup and attack with bottles at another site in the parking lot.

Hundreds of troopers and police officers called in from nearby communities pushed back against crowds of people angry that they could not get into the stadium, using clubs and riot shields, according to reports from the scene.

https://www.northjersey.com/news/arrests-made-at-summer-jam-concert-after-some-fans-clash-with-state-police-1.1351014

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Electric Daisy Carnival music festival lights up Meadowlands Sports Complex

The_Electric_Daisy_Carnival_theridgewoodblog

MAY 23, 2015, 9:38 PM    LAST UPDATED: SATURDAY, MAY 23, 2015, 9:52 PM
BY NICHOLAS PUGLIESE
STAFF WRITER |
THE RECORD

EAST RUTHERFORD — The atmosphere surrounding MetLife Stadium was certainly carnivalesque: Men in neon suits walked past tutu-clad women whirling hula hoops. A giant grasshopper mounted on pogo sticks flitted through crowds. And enough skin was on display to make the Shore jealous.

To add to the sensory overload, Saturday’s event shook with pulsating, bass-heavy music blaring from enormous columns of speakers.

It was the soundtrack of America’s nightclubs and raves — electronic dance music, or EDM.

The Meadowlands Sports Complex is playing host this weekend to the “New York” incarnation of the Electric Daisy Carnival, the biggest electronic music festival on the East Coast that runs for two days and boasts a line-up of nearly 100 popular DJs such as Armin van Buuren, Calvin Harris and Bassnectar.

As many as 100,000 were expected to attend over the two days.

“It’s literally the craziest weekend of the year every year,” said Christian Runza, a 19-year-old aspiring DJ from Old Tappan. “Every set you’re going to see someone you love.”

The outlandish outfits are part and parcel of an EDM culture that prizes self-expression above all else.

“You come out here to be anyone you want to be or anything you want to be,” said Jake Berto, 23, who had traveled all the way from San Francisco for the event. “Nobody judges you.”

https://www.northjersey.com/news/electric-daisy-carnival-music-festival-lights-up-meadowlands-sports-complex-1.1341659

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With unions pleading, East Rutherford moves on American Dream commitment

xanadu2_theridgewoodblog

MAY 19, 2015, 10:14 PM    LAST UPDATED: WEDNESDAY, MAY 20, 2015, 10:42 AM
BY LINDA MOSS
STAFF WRITER |
THE RECORD

Around 150 members of Bergen County building trades unions attended an East Rutherford Council meeting on Tuesday urging the borough to pass a resolution and introduce an ordinance for the bonds necessary to pave the way for completion of the American Dream project. The Council passed the resolution.

EAST RUTHERFORD — About 150 members of area trade unions came to Borough Hall on Tuesday evening to urge the Borough Council to take the next steps necessary so the American Dream project can get fully under way, and the governing body did just that.

Taking action before a standing-room-only audience that overflowed into the halls, the council — despite several dissenting members — passed a resolution revising terms of its bond agreement with developer Triple Five for the shopping and entertainment complex. In addition, the council introduced an ordinance relating to the Payment-In-Lieu-of-Taxes, or PILOT program, associated with the development.

With those actions, part of a plan to have the borough act as a no-risk conduit for construction loans, the state Local Finance Board will now be able to review the amended finance agreement for approval. The goal is to get the ordinance on the agenda for the board’s June meeting.

The actions came as Rick Sabato, president of the Bergen County Building and Construction Trades Councils, implored the local governing body to support the project so that many of the area’s unemployed union members can get back to work. A year ago, Sabato estimated that American Dream will create jobs for 9,000 of his members over the next three years and beyond.

https://www.northjersey.com/news/with-unions-pleading-east-rutherford-moves-on-american-dream-commitment-1.1338013

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PSE&G prepared for 2015 summer electric demand

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file photo by Boyd Loving

Susquehanna-Roseland transmission line now fully operational

Significant infrastructure investments will maintain reliability

(Newark, N.J. – May 11, 2015) With the new Susquehanna-Roseland transmission line now entirely operational, Public Service Electric and Gas Co. (PSE&G), New Jersey’s largest utility, is fully equipped to meet customer demand for safe, reliable electricity this summer.

The 500-kilovolt line was fully energized today by PPL Electric Utilities from the Susquehanna station in Berwick, Pa., to PSE&G’s Hopatcong switching station. PSE&G energized the portion of the line from Hopatcong to its Roseland switching station in April 2014.  PSE&G has spent more than $775 million on the project to date. The PJM Interconnection, the regional grid operator, determined that Susquehanna-Roseland was needed to maintain reliability by relieving congestion on other regional transmission lines.

PSE&G constructed 45 miles of the line in New Jersey and PPL built the 101-mile Pennsylvania portion. The two companies worked together to build a four-mile segment through National Park Service lands along the borders of the two states.

“In addition to maintaining electric capacity and reliability, the energizing of this line marks the completion of a major project that has created thousands of New Jersey jobs and has benefitted the state’s economy,” said Kim Hanemann, senior vice president of delivery projects and construction for PSE&G. “We could not have completed this critical project without the cooperative relationship between PSE&G and PPL. Working together, we successfully navigated the lengthy permitting and licensing process at both the state and federal levels. The S-R line is one of a number of substantial infrastructure upgrades we are making to keep the lights on and New Jersey’s residents cool when temperatures climb.”

PSE&G customers are benefiting from $2.6 billion in electric and gas investments the utility is making this year. Equipment has been replaced, facilities have been upgraded and additional redundancies have been added system-wide in order to maintain reliability.

Notable investments that will be in service for the first time this year, ensuring that energy is delivered safely and reliably to customers, include:

$435 million for the Mickleton-Gloucester-Camden 230kV reinforcement consisting of 20 miles of new and upgraded overhead transmission, installing 16 miles of new 230kV underground circuits, and upgrades at five existing stations expected in-service for June.  This project maintains electric service reliability for customers in Burlington, Camden and Gloucester counties.
$77 million for the Aldene-Springfield Rd-West Orange 230kV Conversion Network reinforcement consisting of rewiring from Cranford to West Orange to replace underground circuits with high-rated conductors, and upgrades at two stations. This project maintains electric service reliability for customers in Union and Essex counties.
$76 million to replace 14 aging transformers to maintain electric service reliability for customers in Bergen, Union, Middlesex, Somerset, Mercer, Gloucester and Burlington counties.
$63 million for rewiring projects from Ridgefield to Saddle Brook to Fair Lawn in Bergen County to replace underground circuits with high-rated conductors to maintain reliability.
$66 million for the Branchburg-Bridgewater reconfiguration of the switchyards at four existing stations and rewiring two overhead transmission lines. This project maintains electric service reliability for customers in Middlesex and Somerset counties.
$41 million to install a 69,000-volt upgraded substation, providing increased local transmission supply capacity to customers in south Bergen and north Hudson counties. Additionally, $63 million for 69,000-volt upgrades to switching station equipment and lines in the East Rutherford, Fair Lawn and Paterson areas.
$35 million invested in tree trimming across PSE&G’s service territory to ensure adequate clearance and prevent tree contacts along transmission and distribution lines.

“These investments, along with our highly skilled and dedicated workforce, play a big role in making us one of the most reliable utilities in the country, and the most reliable in the Mid-Atlantic region year after year,” said John Latka, senior vice president of electric operations for PSE&G. “Customers can rest assured that when temperatures spike and they turn on their air conditioners, we’ll be ready.”

The forecasted summer peak for this year is 10,306 megawatts. Last year’s peak was 9,474 megawatts, set on July 2, and PSE&G’s all-time summer peak was 11,108 megawatts, set on Aug. 2, 2006.

PSE&G expects to have no problem delivering the additional power required during the summer months, but utility crews will be ready to respond to service interruptions should they occur. The utility’s rigorous, year-round preparedness program for summer includes conducting employee training; developing emergency summer operating plans; performing summer peak reliability analysis; inspecting transmission lines using helicopters and infrared cameras; and reinforcing lines and other equipment.

Learn how to save more with PSE&G Energy Efficiency Programs at https://pseg.com/family/pseandg/energyefficiency/index.jsp

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North Jersey Media and the War on Chris Christie

Xanadu_main_theridgewoodblog

May 9,2015
the staff of the Ridgewood blog

Ridgewood NJ, Bridgegate : “The Fort Lee lane closure scandal, also known as the George Washington Bridge lane closure scandal or Bridgegate,[1][2] is a U.S.political scandal in which a staff member and political appointees of New Jersey Governor Chris Christie collaborated to create traffic jams in Fort Lee, New Jersey by closing lanes at the toll plaza” https://en.wikipedia.org/wiki/Fort_Lee_lane_closure_scandal

Ever since the Bridgegate or Bridgeapoolza scandal broke in September 2013 , North Jersey Media has lead a non stop crusade of attacks on Governor Chris Christie . Lets put a side the silliness of making a scandal out of a “traffic jam” at the George Washington Bridge …snore.

A scandal in scandal plagued New Jersey isn’t really much news , the selective coverage and attacks on Chris Christie are . Its funny how the same media ignores criticism of Senator Bob Menedez , Former Governor Florio, “Jim” McGreevey and the king of ineptitude Jon Corzine ,while turing a blind eye to the total destruction of the state once vibrant economy , pension short falls and government waste .All the sins of the last 20 years have now all been laid squarely at the foot of Chris Christie .

All they attacks on Christie have amounted to no more than the shocking revelation that he is a Dallas Cowboys fan and yes like ALL NEW JERSEY POLITICIANS  he appoints his friends to state jobs (shocker) .

But today I had to laugh when Record columnist Charles Stile tried to equate and tie Governor Chris Christie to the NFL’s deflate gate .https://www.northjersey.com/news/stile-christie-may-see-a-bit-of-himself-in-tom-brady-s-troubles-1.1330154  .

Meanwhile one of the largest financial fiasco’s in Bergen County history the American Dream Mall formerly know as Jim McGreevey’s , Bob Menendez and Boss Joe Ferriero’s Xanadu lies as a grim monument to vulgarity. Xanadu is nothing more than a great white elephant and reminder of the abject greed and stupidity that motivates our public officials .

Once again we ask “who is the idiot that thought the state needed to build a mall in Bergen County ?”

Xanadu ie..American Dream Meadowlands  (ADM) is a retail and entertainment complex located in the Meadowlands Sports Complex in East Rutherford, New Jersey. It was first proposed in 2003 by the Mills Corporation as the Meadowlands Xanadu. After the bankruptcy of that company in 2007, the project was taken over by Colony Capital. In May 2009, construction stalled due to the bankruptcy of Lehman Brothers. https://en.wikipedia.org/wiki/American_Dream_Meadowlands.

In the last 20 years the New Jersey media in general and North Jersey media in particular have supported and misrepresented every issue in the favor of its big government friends never questioning  the claims , the cost or the consequences.
Now the the states economic resources have fled ,the roads are crumbling , pensions are underfunded and taxes continue to raise making this state an economic white elephant .
And still no word from North Jersey Media ….

 

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NJ’s industrial space in high demand in first quarter

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APRIL 16, 2015    LAST UPDATED: THURSDAY, APRIL 16, 2015, 1:21 AM
BY KATHLEEN LYNN
STAFF WRITER |
THE RECORD

* Bergen, Passaic benefit, aided by rise in port activity and need for warehouses

Spurred by increased activity at the port, industrial space remains in high demand in New Jersey, with a vacancy rate of 8 percent in the first quarter, according to a new report from the commercial real estate firm Cushman & Wakefield in East Rutherford.

Space is even tighter in Bergen County, with a 7 percent vacancy rate in the first quarter, down from 8.3 percent in the first quarter of 2014, and Passaic, with a 5 percent rate, down from 7 percent.

The growing demand for industrial space reflects a 7 percent rise in activity at the Port of New York and New Jersey, which has increased the need for warehouse and distribution sites in the state, according to Ron Lo Russo, president of Cushman & Wakefield’s tri-state region.

“As both online retail sales and manufacturing are expected to trend higher, the New Jersey industrial market is earning a position as one of the healthiest markets in the nation,” Lo Russo said in a statement.

A rise in e-commerce has led to more demand for warehouse space in this densely populated region, as online retailers aim for quick deliveries to their customers.

https://www.northjersey.com/news/business/demand-for-n-j-industrial-space-growing-1.1310550

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Northern Bergen office vacancies skyrocket as companies flee New Jersey’s Anti Business Climate

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Northern Bergen office vacancies skyrocket as companies flee New Jersey’s Anti Business Climate

MARCH 29, 2015    LAST UPDATED: SUNDAY, MARCH 29, 2015, 1:21 AM
BY LINDA MOSS
STAFF WRITER |
THE RECORD

* Shifting preferences are likely to alter the look of many now-empty large corporate campuses

Northern Bergen County, once a magnet for corporations, has lost some of its luster as a number of companies leave the area, sending its office vacancy rate soaring to nearly 40 percent, according to one real estate firm.

In the first quarter so far, the northern corridor of the county, including towns like Montvale and Park Ridge, had 2.25 million square feet of its total 5.8 million square feet of office space unoccupied, according to JLL, a real estate firm with offices in East Rutherford.

That translates to a 39 percent vacancy rate in the quarter, up 70 percent from the year-ago period’s 23 percent, JLL reported.

The Hertz Corp.’s former headquarters in Park Ridge, a 226,000-square-foot property, is on the block after the auto-rental giant’s relocation to Estero, Fla. And Pearson Education’s exit a few months ago from its leafy campus in Upper Saddle River added 475,000 square feet of vacant office space.

“You’ve got almost a million square feet just in Montvale,” said JLL Managing Director Tom Reilly.

Vacancy rates could rise even higher when Mercedes-Benz USA moves its U.S. headquarters from Montvale, where it has three buildings, to Atlanta over the next couple of years. That relocation, announced in January, would add as much as 310,300 square feet of vacant space in the region.

https://www.northjersey.com/news/business/the-wide-open-office-spaces-1.1298328

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Witness in Ferriero trial tells of ‘threat’

Xanadu_main_theridgewoodblog

Xanadu_main_theridgewoodblog.net_

Witness in Ferriero trial tells of ‘threat’

March 12, 2015, 5:53 PM    Last updated: Friday, March 13, 2015, 10:50 AM
By Peter J. Sampson
staff writer |
The Record

Teaneck lawyer M. Robert DeCotiis testified on Thursday that he “took it as a threat” when one of Joseph A. Ferriero’s law partners said that Hartz Mountain Industries wanted to hire Ferriero’s firm to go “scorched earth” against the Mills Corp., the DeCotiis firm’s biggest client.

DeCotiis took the stand on Thursday as a prosecution witness testifying under a grant of immunity in the federal racketeering trial of Ferriero, a former Bergen County Democratic leader.

As Bergen County’s powerful Democratic Party chairman in 2002, Ferriero was in a position to sabotage Mills’ billion-dollar shopping and entertainment center, then known as Xanadu, by going to work for the rival company, DeCotiis said.

At the time, Mills, a Virginia-based mall developer, was competing against Hartz Mountain for the right to develop state land at the Meadowlands Sports Complex in East Rutherford.

https://www.northjersey.com/news/witness-in-ferriero-trial-tells-of-threat-1.1288022

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State lists 40 bridges that may need fixing fast, but the question remains what did they do with all the money in the Transportation fund ?

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imgres-3

State lists 40 bridges that may need fixing fast, but the question remains what did they do with all the money in the Transportation fund ?

FEBRUARY 3, 2015, 4:25 PM    LAST UPDATED: WEDNESDAY, FEBRUARY 4, 2015, 10:12 AM
BY JOHN CICHOWSKI
RECORD COLUMNIST |
THE RECORD

As Governor Christie’s new transportation commissioner sees it, you don’t need a civil engineering degree to recognize some of the obvious weaknesses in the 40 bridges that his engineers have placed on the Department of Transportation’s high-priority list for immediate inspection, including the Route 3 link over the Hackensack River that’s now undergoing emergency repair.

Related: High priority N.J. bridges for 2015

“It’s quite simple,” Jamie Fox observed. “As anyone can see, our bridges are old and crumbling. If we don’t identify a dedicated funding source now, we’ll have no choice but to close more bridges to ensure public safety.”

In addition to the Route 3 span that connects East Rutherford to Secaucus, 12 of the 40 are in North Jersey — four in Bergen County, four in Hudson and two each in Morris and Essex. Replacing or rehabilitating all 13 would cost a minimum of $300 million — a preliminary DOT estimate that would surely rise sharply by the time work is completed.

https://www.northjersey.com/news/road-warrior-state-lists-40-bridges-that-may-need-fixing-fast-1.1263678

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What did Super Bowl XLVIII cost?

Met_life_stadium_theridgewoodblog

Met_life_stadium_theridgewoodblog.net_

What did Super Bowl XLVIII cost? (How do you write 100 million in Roman numerals…)

EAST RUTHERFORD — The books still have yet to close on last year’s Super Bowl in New Jersey, but the latest accounting confirms it wasn’t a cheap date.

An examination of new financial filings shows the New York/New Jersey Super Bowl Host Committee—which was responsible for organizing the NFL championship game at MetLife Stadium—took in and spent just over $81 million—more than twice the amount being raised in Arizona for Super Bowl XLIX next Sunday.

Separately, state and other agencies spent at least $36.9 million in public funds to help move fans, prepare for possible snow removal, and provide layers of security—costs that were not reimbursed by the committee or the NFL.

At well over $100 million, it was the most expensive Super Bowl ever played, the National Football League has acknowledged.

The Arizona Super Bowl Host Committee says it expects to raise $30 million, said spokeswoman Kathleen Mascarenas. The game will be played at the University of Phoenix Stadium in Glendale.

https://www.nj.com/news/index.ssf/2015/01/what_did_super_bowl_xlviii_cost_how_do_you_write_1.html

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Road Warrior: Route 4 bridge in Teaneck gets no respect

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PHOTO COURTESY OF BOB LEAFE
Bob Leafe, a reader from of Hackensack, recently spotted this large crack on the bridge near River Road in Teaneck.

Road Warrior: Route 4 bridge in Teaneck gets no respect

JANUARY 25, 2015 LAST UPDATED: SUNDAY, JANUARY 25, 2015, 2:49 PM
BY JOHN CICHOWSKI
RECORD COLUMNIST |
THE RECORD

During a stroll along the Hackensack River walkway on the day after Christmas, Bob Leafe became intrigued by the geese taking shelter under the Route 4 bridge in Teaneck, so he pulled out his camera and started shooting.

But when he looked closely at his work, Bob realized he had shot something a bit less idyllic than wildlife. His photo, as shown here, depicts what appears to be a vertical gash that extends along one of the giant pillars holding up part of the span that carries more than 100,000 vehicles each day, according to the state Department of Transportation.

“I’m no engineer, but that does NOT look good,” he wrote in an email. “Pretty scary,” he said later on the phone, adding that he would look for other ways to cross the Hackensack River from Teaneck to his home in Hackensack.

DOT engineers insist the span is safe enough for traffic — safer certainly than the Route 3 bridge over the same river between East Rutherford and Secaucus, whose left eastbound lane had to be closed last week for at least a month to repair persistent deterioration. Such road conditions rarely attract much attention from Trenton policymakers. But the Route 3 one attracted reporters and photographers to a DOT yard about a half-mile from the bridge, where Transportation Commissioner Jamie Fox again made his pitch for a “revenue enhancer.”

This term is code for some sort of additional levy that Fox believes is necessary to replenish the state’s Transportation Trust Fund, which has reached its bonding capacity. But the commissioner again avoided endorsing any hike to the hated 10.5-cent-a-gallon motor-fuels tax, which has always fueled most of the fund.

https://www.northjersey.com/news/nj-state-news/bridge-gets-no-respect-1.1251241

Microsoft Store

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NJ TRANSIT ANNOUNCES SYSTEMWIDE CROSS-HONORING IN ADVANCE OF NOR’EASTER

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NJ TRANSIT ANNOUNCES SYSTEMWIDE CROSS-HONORING IN ADVANCE OF NOR’EASTER

Customers advised to check njtransit.com before traveling

December 8, 2014

NEWARK, NJ — As the season’s next Nor’easter storm moves toward the region, NJ TRANSIT operations, customer service and police personnel are taking steps to minimize delays and ensure service reliability and safety.  All customers are strongly advised to check njtransit.com before traveling for up-to-the-minute service information before starting their trip.

Systemwide Cross-Honoring in Effect:  To give customers additional travel options during expected winter weather conditions, NJ TRANSIT will offer full system wide cross-honoring for the entire service day Tuesday, December 9, enabling customers to use their ticket or pass on an alternate travel mode—rail, bus or light rail.  For example, customers who normally take the bus from Rutherford to the Port Authority Bus Terminal may use their bus pass or ticket on the train from Rutherford to New York Penn Station.  Similarly, customers who normally take the bus between Atlantic City and Lindenwold may use the Atlantic City Rail Line instead at no additional charge.

NJ TRANSIT will closely monitor the crowds at New York Penn Station, Hoboken Terminal and the Port Authority Bus Terminal and make adjustments to service as necessary.

The Corporation is preparing to minimize disruptions and delays to the extent possible, particularly in light of the potential Nor’easter that may impact portions of the area starting tonight.  Rail and light rail crews and equipment are on standby to quickly respond to downed trees, power outages or other issues that may arise.  In addition, NJ TRANSIT will be positioning locomotives at strategic locations across the rail system to rapidly respond in the event of a disabled train.

Customers are advised of the following:

Systemwide:  NJ TRANSIT plans to operate a regular weekday schedule on Tuesday, December 9.  Depending on the impact of the storm, it may be necessary for NJ TRANSIT to modify service as conditions change.
Bus Service:  While every effort will be made to continue operating bus service throughout the state, customers may experience delays or detours on their routes in the event of extreme winter weather conditions.  Customers are advised to plan accordingly and anticipate disruptions to bus service.

Travel Advice:

For the latest travel information, visit njtransit.com or access our Twitter feed at @NJ_TRANSIT prior to starting your trip.  In the event of delays or service adjustments, NJ TRANSIT will provide the most current service information via the My Transit alert system, which delivers travel advisories for your specific trip to your cell phone, PDA or pager.  (If you are not yet a My Transit subscriber, we encourage you to sign up at www.njtransit.com/mytransit)  Service information is also available by calling (973) 275-5555 or from broadcast traffic reports.
Listen closely to public address announcements at stations for late-breaking service information.
Build additional travel time into your trip to a station, terminal or bus stop.
Stairs, flooring and platforms can be slippery, so please use caution when walking along wet surfaces or any outdoor surface exposed to the weather. Use extra care when boarding or exiting buses and trains.
Report slippery or unsafe conditions to bus operators, train crews or
NJ TRANSIT staff.
If you park, ensure your car is stocked with a snow brush and ice scraper so you can clear your car upon returning to the lot.

NJ TRANSIT is prepared to handle the impending winter weather:

Snow plows and salt spreaders are ready for service and snow-removal contracts are in place with outside vendors.
NJ TRANSIT is well-stocked with 16,000 bags of snow-melting supplies, and hundreds of shovels and snow blowers.
NJ TRANSIT has performed maintenance and testing on its two rail-mounted jet snow blowers in the event they are needed to help clear train tracks of snow and ice, particularly in rail yards.
More than 750 rail switches, switch heaters and overhead wires were inspected as part of NJ TRANSIT’s preventative maintenance program.
Onboard heating systems, thermostats, weather stripping and electronic components have been inspected on NJ TRANSIT railcars, light rail cars and locomotives.
Bus maintenance personnel have inspected and performed necessary maintenance on a fleet of nearly 2,200 buses – from the heating and airbrake systems, to the engine fluids, tires, windshield wipers and doors.

Esurance