Hundreds Sign Online Petition Against Norristown Apartment Plan

Location of Norristown in Montgomery County (Photo credit: Wikipedia)

Editor’s note:  We totally agree!  Enough already with the “subsidized housing” in First Suburbs communities!

NORRISTOWN ­­— A change.org online petition against the proposed, 96-unit, mixed-income apartment building slated to go into a Montgomery County parking lot in Norristown has attracted more than 227 petition signatures. The developer, Pennrose Properties of Philadelphia, is waiting for a Tuesday evening decision by the Norristown Zoning Hearing Board on whether to grant requested variances for the project following a two-hour zoning hearing last month.

Under a headline, “Montgomery County Commissioners and Norristown Municipal Council: Stop the Subsidized Housing Project in Downtown Norristown,” the petition alleges that “Norristown has over 53 percent of all of Montgomery County’s subsidized housing units and it doesn’t need any more.”

“The project directly contradicts the 2009 Norristown Comprehensive Plan in three key ways.  It adds additional subsidized rental units.  It subtracts 204 critically-needed parking spaces from the Downtown Business District.  It is not a true Mixed-Use project, but instead, is a self-contained residential community,” the petition said.  “It is our belief that, if built, the project will have a negative impact on the entire Municipality.  It will cause the surrounding neighborhoods to suffer and hurt the Arts Hill and Downtown Business District.  As Norristown is the County Seat, the impact will be felt by the entire County.”

The petition concluded, “the third largest County in the Commonwealth and one of the wealthiest in the United States, can do better.”

Read more:  http://www.timesherald.com/article/20130325/NEWS01/130329666/hundreds-sign-online-petition-against-norristown-apartment-plan#full_story

Well Before Summer, Hamptons Luxury Real Estate Is Scorching

Editor’s note:  Just is case you were wondering how the other half lives….

The emerald hedgerows that are a natural euphemism for Hamptons exclusivity (out here, good hedges, not good fences, make for felicitous neighbors) are hanging tight.

Most of the double-decker dunes that define the East End’s ocean coastline ar

English: MONTAUK POINT LIGHTHOUSE, LONG ISLAND, NY (Photo credit: Wikipedia)

e hanging tight, too.  That unfortunately can’t be said for patches of Long Island, Fire Island, New Jersey and Connecticut, where the extraordinary weather events of autumn 2012 transformed undulating beaches and waterfront homes to sodden pancakes.  On the South Fork of Long Island, where the array of villages and hamlets includes Southampton, Bridgehampton, Sag Harbor and Montauk, agents and town officials say only one home, owned by the Lauder family and precariously perched at water’s edge in Wainscott, drowned in the maelstrom created by Hurricane Sandy.  But erosion is a perennial enemy, and efforts to rebuff it, continual.

Otherwise, it’s back to business bolstering the bulkheads and merchandising the seductive strata of housing stock (from darling shingled cottages to resorts-masquerading-as-mansions), with brokers forecasting yet another pricey summer season.  “Nobody really suffers from Hamptons sticker shock anymore,” said Judi Desiderio, the founder of Town and Country Real Estate.

Harald Grant, a senior vice president of Sotheby’s International Realty, has already rented out an oceanfront house in Southampton for $550,000 for the month of August alone and has a stack of 14 contracts and purchase memos on his desk representing pending sales of $4.5 million to $25 million.  Not to worry: the most expensive oceanfront property in the Hamptons, on East Hampton’s Lily Pond Lane and co-listed by Tim Davis of the Corcoran Group and Diane Saatchi of Saunders & Associates, is still available for $40 million.

Read more:  http://www.nytimes.com/2013/03/24/realestate/another-pricey-summer-season-in-the-hamptons.html?pagewanted=1&_r=1&adxnnl=1&hpw&adxnnlx=1364236942-aFd3D8FKOG7ZWJiPOfjrnQ

Shale Boom Helps Restore Service From Wilkes-Barre/Scranton To Pittsburgh

Locator map of the Scranton-Wilkes-Barre Metropolitan Statistical Area in the northeastern part of the of . (Photo credit: Wikipedia)

The natural-gas drilling boom in the Marcellus Shale could be the key to ending a 6-year hiatus in air service between Wilkes-Barre/Scranton International Airport and the second-largest city in Pennsylvania.

A study examining the feasibility of providing commercial air service between Pittsburgh International Airport and 13 intrastate regional airports is halfway complete, said Jeffrey Hartz, a senior consultant at Mead & Hunt, the group hired to complete the report.

Funded in part by the Allegheny County Airport Authority, the study is designed to develop business plans – including possible costs and flight schedules – and market analyses for airport boards to present to interested airlines.

The study will assess the demand for adding connecting flights on a market-by-market basis and provide information, including how full an aircraft must be on a daily basis in order for an airline to profit.

Read more:  http://thetimes-tribune.com/news/shale-boom-helps-restore-service-from-avp-to-pittsburgh-1.1463055

Lenfest Foundation Maps Out A Path To Its End

The Lenfest Foundation, one of the region’s last remaining powerhouse philanthropies, has undertaken a series of changes that will dramatically alter its leadership and mission, and effectively maps out a path to its end.

H.F. “Gerry” Lenfest has long said the foundation he and his wife, Marguerite, founded would spend itself down and cease to exist within 10 years of their deaths.  But Lenfest, 82, has decided to step down now as chairman. Philadelphia entrepreneur Keith Leaphart, 38, will complete Lenfest’s term as chairman through June 2015, heading a new eight-member board on which the Lenfests will remain members.

“We’ve decided to put the foundation into an independent board of directors, which I no longer control,” Lenfest said.  “I’m not in ill health.  I don’t believe in perpetual foundations.  We’ve given away the bulk of our wealth already, and I will have a diminished role in the future.  My success in business was finding people who were better at doing things than I was.  It’s a logical evolution.”

Since 2000, the Lenfests have given away slightly more than $1 billion through the foundation and personally, a foundation official said.

Read more:  http://www.philly.com/philly/news/20130325_Lenfest_Foundation_maps_out_a_path_to_its_end.html

Governor Christie To Announce State Takeover Of Camden Schools

English: Camden, New Jersey is one of the poorest cities in the United States. Camden suffers from unemployment, urban decay, poverty, and many other social issues. Much of the city of Camden, New Jersey suffers from urban decay. 日本語: ニュージャージー州カムデンのスラム. Svenska: Camden, New Jersey is one of the poorest cities in the United States. Kiswahili: Camden, New Jersey ni moja ya mataifa maskini zaidi katika miji ya Marekani. (Photo credit: Wikipedia)

TRENTON – Gov. Christie plans to announce Monday that he is taking the extraordinary step of putting the educational and fiscal management of the Camden School District under state control, The Inquirer has learned.

As part of the takeover of what the state considers the worst-performing district in New Jersey, Christie will appoint a new superintendent and leadership team, shifting the school board to an advisory role, according to Christie administration officials briefed on the plan.

The Republican governor’s move nonetheless has support from at least a few school board members and key Democratic leaders in the South Jersey political establishment, some of whom are expected to join Christie at the takeover announcement Monday in the city, officials said.

Camden will become the fourth urban district under state control, after Paterson, Newark, and Jersey City. This is the first takeover initiated by Christie, who will add the severely challenged district to his education portfolio less than eight months before his reelection bid.

Read more:  http://www.philly.com/philly/news/politics/nj/20130325_Christie_to_announce_state_takeover_of_Camden_schools.html

Liquor Privatization Faces Slower Senate

HARRISBURG – The confetti has been swept up and the empty champagne bottles cleared away.

The hubbub of news releases, tweets and Facebook postings trumpeting the pros and cons of Pennsylvania’s latest liquor privatization bill has culminated in its passage by the House.

In a nearly straight party-line vote last week, the Republican majority handed Gov. Tom Corbett a victory that he and his allies fought hard for, even though the bill differs radically from his original plan to auction off the 600 state liquor stores.

The compromise plan is designed to phase out the state-run stores county by county, as private operators – beer distributors only for the first year – and others buy at least 1,200 liquor and wine licenses.  It also would allow grocery stores to sell wine.

Read more:  http://readingeagle.com/article.aspx?id=463312

Pottstown School Board Urged To Approve KOZ Deal

Editor’s note:  We agree!

The Pottstown School Board is set to vote tonight on a tax break deal that would bring a new business to the Keystone Opportunity Zone.

Pottstown Borough Council has approved the tax break, but if the school board votes no, the plan is nixed.

The three boards that levy property tax — council, school board and county commissioners — must all approve it for the business to relocate to Pottstown.  Montgomery County Commissioners have said they will go along with whatever the two local governing bodies decide.

As with council, we urge the school board to vote yes to this proposal as an incentive to business and as a smart move in the longer view of the borough economic development.

Read more:  http://www.pottsmerc.com/article/20130325/OPINION01/130329656/pottstown-school-board-urged-to-approve-koz-deal-#full_story