Vested client Treetop Development buys in New York City

Treetop Development Adam Mermelstein Azi Mandel Azriel Mandel
Hat's off to Adam Mermelstein and Azi Mandel of Newark-based Treetop Development for their purchase of a 52-unit apartment building on West 127th Street. Treetop Development is noted for its approach to providing housing to the metro-NY NJ workforce -- folks who want a clean up-to-date apartment in which to start out or to begin raising a family.

We're proud of our association with Messrs Mermelstein and Mandel and wish them and Treetop continuing success in their efforts to fill the needs of an under served segment of the housing market.

Read more from Crain's New York  here.
 

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if you have questions about what you see here, contact

Stephen M. Flatow, Esq.

Vested Land Services LLC

165 Passaic Avenue, Suite 101

Fairfield, NJ 07004

Tel 973-808-6130 - Fax 973-227-0645

E-mail sflatow AT vested.com

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NJ homeowners get break on filing for homestead benefits

From the NJ Division of Taxation-

Deadline for Homeowners to File Homestead Benefit Applications

Extended to Jan. 3, 2011

The deadline for homeowners to file 2009 Homestead Benefit applications has been extended to Jan. 3, 2011, to allow more people to file, Treasurer Andrew Sidamon-Eristoff announced. The old deadline was Nov. 1.

Applications were mailed to homeowners in September, and many potential applicants still need time to file. Homeowners who meet the eligibility requirements and file timely applications will receive a partial credit against their property tax bill for the second quarter of 2011 for property taxes paid in 2009.

New Jersey residents who owned a home that was their principal residence on Oct. 1, 2009, and paid property taxes on that home, will qualify for a Homestead Benefit, provided their 2009 New Jersey gross income was $75,000 or less, or if they are senior or disabled homeowners and their 2009 New Jersey gross income was $150,000 or less.

Homeowners who need additional information on the Homestead Benefit Program or who require assistance in filing an application may call the Division of Taxation’s Homestead Benefit Hotline at 1-888-238-1233 from 8:30 a.m. to 4:30 p.m., Monday through Friday.

Information on the Homestead Benefit Program is also available on the Division’s Web site at:
www.state.nj.us/treasury/taxation/2009homesteadinfo.shtml and through its Automated Tax Information System at 1-800-323-4400 (Touch-Tone phones only). Text teephone service for the hearing impaired is provided at 1-800-286-6613 or 609-984-7300.

For your next title order or

if you have questions about what you see here, contact

Stephen M. Flatow, Esq.

Vested Title Inc.

165 Passaic Avenue, Suite 101

Fairfield, NJ 07004

Tel 973-808-6130 - Fax 201-656-4506

E-mail vti@vested.com - www.vested.com

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New Jersey's open space disappearing

The Star-Ledger reports

For the first time, New Jersey’s landscape is covered more by housing and shopping malls rather than forests, the real consequence of the "two most sprawling decades" ever, a report being released today concludes.

The study, a collaboration between Rowan and Rutgers universities, analyzed land use data between 1986 and 2007 and estimates the state could run out of open space around 2050 if the pace of development that took place in the sprawl years continued.

The question is will the slow market further slow the amount of land under development?

And how about the upsurge in urban development, especially the kind seen in Hudson County?

Experts point to several factors behind the trend: younger generations now have fewer children and prefer urbanized settings; the recession has forced both builders and buyers to settle for smaller (and cheaper) houses; land is just too expensive now for more McMansions.

Read the full story.

 

For your next title order 

or if you have questions about what you see here, 

contact Stephen M. Flatow 

Vested Title Inc. 

648 Newark Avenue, P.O. Box 6453, 

Jersey City, NJ 07306 

Tel 201-656-9220 - Fax 201-656-4506 

E-mail vti@vested.com - www.vested.com Sphere: Related Content