Reader worries about Valley Over Expansion
Valley has their existing building in Ridgewood where they are planning their “Renewel.” They own the 128,000 sq ft building in Paramus mentioned in the article. They just payed $28ish Million for the “Duck Pond” building on E. Ridgewood Ave, they own the entire strip on Maple Ave which consists of the old Ford dealership down to the Corset Shop. They have also allegedly purchased the Ken Smith site in downtown Ridgewood which is why the developer pulled the development plans.
Ever wonder why your health care costs continue to rise? Nice to be a non-profit with no competition huh? Can just raise prices and raise prices and raise prices. Tough to negotiate prices when your life is on the line. Not much leverage when you are gasping for air.
Is there a way to verify the Ken Smith property purchase?
No competition,do you have any idea how many hospitals are in Bergen county?
The anti-valley group should be breathing a sigh of relief when they see these expenditures for other properties.
It would indicate that Valley does not expect to be able to get all that they ask for on their current campus.
Having ‘satellite’ facilities, like the Luckow Pavillion in Paramus would seem to be a reasonable compromise, along with a renewal on a smaller scale than proposed.
The question is what is Ridgewood left with when all is said and done ? Will Ridgewood collect anything in taxes on these properties ?
#3, unfortunately Valley has not rescinded it’s application for the amendment to the master plan. They want all this new property PLUS doubling in size.
It’s all about keeping up with Hackensack and to hell with Ridgewood .