Wednesday March 25th Headlines

Blogging can be quite time consuming so I will be trying to do one big post with links to various stories that come over throughout the day.

Here’s the first so I hope you like it.

Multi housing news is talking about the impact of TALF on multifamily housing 

“The Federal Reserve announced recently that it would pump an extra $1 trillion into the financial system by purchasing Treasury bonds and mortgage securities. In addition, the Treasury Department, along with the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) has this week made public the details of its new Public-Private Investment Program (PPIP).

The idea is to increase activity in the credit market by lowering interest rates, including those on home loans, and to help the financial system as it struggles due to bad loans and poor investments. So what does all this mean to the multifamily industry?”

WBGO isn’t going anywhere

The Newark Jazz station is moving its antennae to NYC but the studio is staying right off military park.

Newark Zoning to be Revamped

I am meaning to make a full post regarding this.  I have the text and have been reading all of the changes that have been made to the zoning ordinance.  A lot has to do with signange, greenery, antennae, and parking.  They have updated many of the definitions as well.  It is a great start.  I hope to have a full post by the end of the week.

IDT swaps HQ stays in Newark

Although IDT will no longer occupy their HQ at 520 Broad they are not going far… 550 Broad.

Newark group to recieve EPA grants to study pollution

“In Newark, New Jersey, Green Faith received a grant to study air pollution and identify truck routes related to operations at Port Newark. Toxic releases from this area will be identified by community youth and adult residents. Green Faith will conduct outreach and education on the study results to Newark community and faith-based organizations. An Environmental Health and Justice Tour will be conducted for Newark residents, and the project will provide the foundation for a long-range, comprehensive greening of Port Newark.”

Large area property owner works to spur business growth in Newark

Paul Profeta is working with the MBA program at Rutgers Newark to encourage and guide entreprenurial endeavors in Newark.


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