| Author |
Message |
    
MHD
Citizen
Username: Mayhewdrive
Post Number: 914
Registered: 5-2001
| | Posted on Friday, March 5, 2004 - 9:22 pm: | 
|
So, I see that "construction" has begin at the Oriental Rug Store.
Does anyone know if this will be like what we saw with Beifus where the building comes down & then nothing happens, or is construction planned to immediately follow demolition?
If this is going to be a repeat of Beifus, ANOTHER chain link fence surrounding an empty lot will not be good for anyone. |
mrosner
Citizen
Username: Mrosner
Post Number: 1061
Registered: 4-2002
| | Posted on Saturday, March 6, 2004 - 12:41 pm: |
|
Mhd: He does not need a developers agreement nor is he asking for a PILOT, so I expect him to continue working without interuption. |
MHD
Citizen
Username: Mayhewdrive
Post Number: 917
Registered: 5-2001
| | Posted on Sunday, March 7, 2004 - 10:17 am: |
|
Mark,
Can you explain why he does not "need a developers agreement"? Also, why isn't he asking for a PILOT?
|
just me fromsouthorange
Citizen
Username: Jmfromsorange
Post Number: 160
Registered: 7-2003
| | Posted on Sunday, March 7, 2004 - 2:40 pm: |
|
what is a pilot? |
MHD
Citizen
Username: Mayhewdrive
Post Number: 918
Registered: 5-2001
| | Posted on Sunday, March 7, 2004 - 2:49 pm: |
|
PILOT is a "Payment in Lieu of Taxes".
In this example, it allows the property owner to make a payment directly to the municipality, instead of paying County, School & Municipal Taxes.
Currently, the only existing one in South Orange is for the Gaslight Commons apartments, which pays $500,000 directly to the Village, but does not contribute any school or County taxes.
It is rumored that both Beifus & the Supermarket developer are looking for a similar deal.
There has been MUCH discussion of the pros/cons of such arrangements on earlier threads. I encourage you to do a search & see some of the earlier discussions. |
Dave
Citizen
Username: Dave
Post Number: 6546
Registered: 4-1998
| | Posted on Sunday, March 7, 2004 - 2:53 pm: |
|
I think one of the major problems with PILOTs is that once you start handing them out, everyone wants one. While a nice little short term fix, it creates long-term problems for the community. |
just me fromsouthorange
Citizen
Username: Jmfromsorange
Post Number: 164
Registered: 7-2003
| | Posted on Sunday, March 7, 2004 - 5:37 pm: |
|
thanks mdh for explaining this. i hope they don't do this with the new apratments. too bad the town can't force shu to do this. |
mrosner
Citizen
Username: Mrosner
Post Number: 1064
Registered: 4-2002
| | Posted on Monday, March 8, 2004 - 9:39 am: |
|
Dave: The reason why a PILOT works is that it allows us to be more competitive with towns that have a lower tax structure and bring in a developer that might not agree to otherwise.
If the PILOT is structured correctly it does not have to become a long-term problem.
justme: SHU actually has a short-term PILOT with the village for property they own outside the main campus. They pay us $143,000 each year. That is what there share to the municipality would have been had they been a traditional homeowner. As pointed out many times, they do not have to pay one cent anyway. No question they should give a lot more to the village.
|
Washashore
Citizen
Username: Washashore
Post Number: 128
Registered: 4-2003
| | Posted on Monday, March 8, 2004 - 9:33 pm: |
|
Mr. Rosner: Has the Planning Board or any other group in town reviewed the architectural drawings for this new development on the oriental rug site? Is it "good" design/fit the character of South Orange? Have ground floor retail? |
mrosner
Citizen
Username: Mrosner
Post Number: 1075
Registered: 4-2002
| | Posted on Tuesday, March 9, 2004 - 10:06 am: |
|
The planning board reviewed the drawings and held a public hearing (probably two years ago already). There will still be ground floor retail and apartments above - pretty much the same as what is/was there. A couple of the buildings were in need of repair and he wanted to improve the appearance of his property.
I am pretty sure that Main Street's design committee reviewed the plans too.
|
Closed: New threads not accepted on this page