Thursday, 3 July 2008 – 6:44 am
Families of drowning victims to share $5.8M settlement
The city still has additional legal exposure to a lawsuit from another fatal accident at the same location.
The families of two women who drowned in 2004 when their car went off Raymond Boulevard in Newark and plunged into the Passaic River will share a $5.8 million settlement [...]
Thursday, 3 July 2008 – 6:33 am
$2.9M added for makeover of Newark riverfront
Like violent crime and poverty, the Passaic River is one of those challenges in Newark that just resists a resolution.
While Mayor Booker and Senator Lautenberg announced an additional $2.9 million for the restoration project along the riverfront, much of the near term work will just be laying [...]
Monday, 23 June 2008 – 1:12 pm
Experts: Money Available, Lenders Cautious
While the credit crisis can bring lending for development projects to a halt, Booker’s trying to drum up support from investors looking to make the biggest bang for their buck.
Although the debt and credit markets pose many challenges now, panelists at a day-long event titled the Credit Crisis: Money for Real [...]
Monday, 23 June 2008 – 7:58 am
Protesters in Newark rally against high gas prices
Protesting the global socio-economic pressures that give rise to higher gasoline prices? By shouting from the rooftops of Newark, New Jersey? Yeah, good luck with that.
Motorists leaned on their car horns as they drove past the Exxon station in Newark this afternoon, voicing their support for a [...]
Thursday, 12 June 2008 – 6:30 am
Former Newark official agrees to $2 million bankruptcy settlement
“By the end of the third day of the first four days of trial, the outcome was clear: Evidence showed that Mr. Faiella had been depositing his checks into accounts of his ex-wife’s businesses to keep his moneys out of the reach of his creditors, and also [...]
Sunday, 1 June 2008 – 10:00 am
Number of parking tickets jumps in Newark
Not so surprising. Police Director McCarthy is already on record as stating that smaller quality-of-life crimes will be enforced more rigorously.
The anecdote in the article about police officers running out to the street to move their cars was hilarious, though—welcome to my world.
In the Ironbound, you can [...]
Thursday, 29 May 2008 – 8:17 am
Corzine presses for statewide schools construction funds in the Ironbound
Gov. Jon Corzine stood with Assemblyman Albert Coutinho (D-Newark), Assemblywoman L. Grace Spencer (D-Newark) and other lawmakers in the East Ward today and promised to back legislation to pay for new urban schools construction.
“We need action before June 30th, so that we can fulfill our Constitutional [...]
Sunday, 25 May 2008 – 9:04 pm
According to analysis completed by the Star Ledger, urban hospitals are facing major reductions in charity aid. The analysis, linked here, reveals that Newark Beth Israel is the second biggest loser of aid, with the loss clocking in at $16 million, a loss of 37%. The only hospital to suffer more is Jersey [...]
Sunday, 25 May 2008 – 6:09 pm
Facing foreclosure?
Foreclosures are a prescient Newark issue, as detailed by the New York Times last March. U.S. Senator Robert Menendez is offering hope to Newarkers with a seminar in two weeks at Essex County College.
The free seminar will be held June 7 from 9 a.m. to 1 p.m. at Essex County College in Newark. [...]
Friday, 23 May 2008 – 9:39 am
Faiella seeks to settle his bankruptcy debt
Details on how former Newark Deputy Mayor Alfred Faiella is attempting to settle massive debts to creditors—the whole thing just reeks. In addition to the bankruptcy cases Faiella faces, he may also receive a summons from the city itself:
Newark city officials are exploring a possible lawsuit against Faiella [...]