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RussianBergen county news with an emphasis on aspects affecting real estate, residency and community issues.
Life in Bergen County gets more expensive
Fort Lee votes for solar panels
Activities in Fort Lee
Teaneck in for more improvement
Real estate organization closes down
Life in Bergen County gets more expensive
The cost of living continues to go higher in most parts of Bergen County. The trend is disturbing for many homeowners in the various towns, who report that the rents are climbing faster than their incomes. Few residents, who owned up to four room apartments, had to shift to homeless shelters, just because their financial lives were a little upset and the rents were high. Experts reveal that in Bergen County especially, the gap between the highly rich and poor is just getting bigger. Statistics also reveal that fair market rents have risen by approximately 35% over a six year span to become $1160 for a two bedroom apartment. Thus while the really wealthy continue to build large mansions, the average homeowners are struggling to match their incomes and rents. Some are even opting to shift to cities, but many say, this is more because of the charm for city life over suburban lifestyles. They even add that while it is easy to get to a city through public transport, it is often difficult to go place to place within Bergen County. Some prefer the peace and quiet of suburban areas, while others state that they like the hustle and bustle of city life. Many residents added that the quiet playgrounds and empty streets in suburban towns can often be depressing. However, a large percentage still prefers to raise their kids in suburban areas, where there is no jarring traffic, the neighborhood is quiet and with a car, one can get anywhere.
Fort Lee votes for solar panels
Fort Lee now moves towards more eco-friendly measures, and is taking the step towards conservation of electricity through its new proposal: solar panels for generating electricity. Three municipal buildings in Fort Lee will soon have solar panels, and the borough council hired a contractor for the same purpose. The move came after a unanimous vote to install the solar panels on the buildings of the police station, the municipal community center and a public works facility. The vote was cast on September 27, 2007, Thursday. However the vote for the ordinance is scheduled for October 11, 2007. While $1.4 million would be paid to the contractors known as DT Solar, the borough has asked for the authorization of $1.55 million for the work. The additional funds would be used for legal fees and other emergency costs if they may come up.
Fort Lee is bustling with activity as many more events are planned for the residents of Fort Lee over the coming months. These activities include the Halloween festival, which is scheduled for October 27, 2007. The festivities would take place for two hours, from 2pm up to 4pm. Besides this, other events include a fun filled dance party on November 24th, 2007, followed by a holiday concert on December 22, 2007. All those interested in attending these events can find more information by sending an email to info@fortleecommunitycenter.org or by placing a phone call on 201-592-4699. All these events are scheduled to be held at the Fort Lee community centre, a large establishment that is home to many youth and adult social organizations. These events are open for the residents of Fort Lee only and registration for the same can be done online at the Fort lee website.
Teaneck in for more improvement
For all those planning to buy a house in Teaneck or rent an apartment, the town offers more reason than one to come here. Firstly, the roads are well maintained and resurfacing programs are on. For the year 2007, approximately 27 roads have been chosen for the resurfacing program. These include the Hudson road, Bromley Avenue, Neldon road, Stasia street, Dogwood lane and Tulip circle to name a few. Repairs are also in progress on the Grayson Place Bridge which is expected to be closed till October 4, 2007, till the repairs are complete. Work is also on by volunteers to repair the homes that were affected by the Nor’easter storm. In this project, priority is being given to elderly persons, those who are disabled and those whose requirements are highly urgent. The toll free number of 211 has been advertised for using these services. The township of Teaneck is also a highly eco-friendly neighborhood and does not promote the usage of pesticides. Its public parks and properties do not use pesticides at all and the borough encourages the neighborhood to follow the same principles.
Rising prices of steel in constructions affects Bergen County
Builders in Bergen County towns and neighborhood may now face an approximately 25% hike in their cost prices, as the cost of steel is slated to go up by the year 2008. The worst hit would be the commercial builders who need to offer highly competitive prices to bid for projects that already have tight budgets. Many builders are thus now embarking on cost cutting measures in other areas, in order to ensure competitiveness of their prices. Besides these measures, many commercial planners are also redesigning their projects in a manner that is more economical and effective. In many housing and apartment projects, builders are trying to substitute steel with diverse kinds of concrete in some stages. While efforts are on, many builders state that steel is the basic component in most constructions and there is no other alternative to value engineer it. Statistics reveal that since the year 2004, prices of all kinds of steel have more than doubled in the United States. Also, experts state that as steel is basic for most constructions, its price hike has slowed down many construction projects like schools and housing complexes. The main reason for the hike in price of steel is attributed to a construction boom in the regions of Middle East and China.
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