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The Record from Hackensack, New Jersey • 23

Publication:
The Recordi
Location:
Hackensack, New Jersey
Issue Date:
Page:
23
Extracted Article Text (OCR)

NV THE RECORD B-5 TAX ROUNDUP iiiiiiiiiiiiiiiiiiiiiiiiimiiiiMiimn Mondays IIIIIUIIIIIIIIIIIIIIIIIIIIIIIIIIMI II inh III'' WEDNESDAY, JUNE 17, 1987 i hit i Jm 1 i I mission''" UMlSStO! CUFFSIOE CYCLE STOP 669 Palisade Ave. Clitlside Park 943-8888 DTHEID Adult Multi-speed Recreational and Touring Bicycles PEUGEOT. GITANE LOTUS SH0GUN ROSS Champion BMX Racers and Top-rated Equipment T0RKER SKYWAY MONGOOSE GT DYNO All bicycle brand openly repaired Our bikes professionally assembled and adjusted ready-to ride. TENNIS WEAR WARM-UPS I ajffiBaBiiiBa'H I i Ft KBJ St. Thomas Aquinas College's Open Quality Brands Big Selection Always Discounted KLAUS-PETER STEITZTHE RECORD Supporters of landlords, above, and tenant activists, meeting below with Governor Kean, demonstrating In North Bergen yesterday.

'-4 ACTION WEAR OUTLET Registration for Fall '87 will be held on June 24th, 10 A.M.-1 P.M. and 5 P.M. -7 P.M. Location: Lougheed Library on campus. For additional information and a Fall Semester Program, call (914) 359-9500 ext.

252. STThomsAquinsCoilbge Route 340, Sparkill. NY 10976 83 Carver Ave. Westwood (1 Week Sou ol Old Hook 9-3. Sot.

Kean says he'll study tenant bill iHinn nnrfflnru H5 t. 'I' MniswuiiananiaiM nil. I SAW'' I By Charles M. Sennott Record Staff Writer NORTH BERGEN Governor Kean ves- terday promised to take a look at a controversial bill protecting ten ants, which is now stalled in the state legislature, atter more than 400 tenant activists demonstrated outside a Republican fund-raiser last night. "With this kind of controversy in the streets," Kean told a group of reporters above the din of the shouting protesters, "I assure you I am going to look more closely at the affordable housing problem.

Condo conversion has been a terrible problem for people in this area. But I don't know whether this bill is the best way to solve it." The proposed legislation would require the approval of more than 50 percent of the tenants of a building for a landlord to convert it to condominiums. Tenants now have no say over conversions but state of emergency" in Hudson County. About 400 people carried signs urging Kean to encourage Republican legislators to act on the bill before the end of the legislative session June 29. Some of the placards read: "People over profits," and "Save our homes." Across the street, a group of 50 landlords, property owners, and others demonstrated against the bill, shouting, "Property rights, yes" and "Get a job" to the other demonstrators.Many carried signs backing a proposed state study commission that would examine a broad range of housing issues throughout the state.

The proposed tenant bill is stalled in the Assembly Urban Policy and Waterfront Development Committee, headed by Union City Republican Assemblyman Ronald Dario, a cosponsor of the bill. NJTO spokeswoman Phyllis Salowe-Kaye was sharply critical of Dario for holding the bill up in committee while time is running out before legislators leave for summer recess. "I find it very strange that the cosponsor will not even post the bill in committee," she said. are allowed to remain for three years; senior citizens and disabled persons cannot be evicted for 40 years. Landlords and real estate agents have attacked the bill because they say it could undermine the revitalization of Hudson County.

The rally at Scheutzen Park on Kennedy Boulevard was sponsored by the New Jersey Tenants Organization and the North Bergen Tenants Organizing Committee. Members of the tenant groups contend that the rapid conversion of rental units to condominiums has wiped out the affordable-housing market and created "a (MM Ban on apartment stockpiling is near By Jeff Simmons Correspondent TEANECK The township coun rent vacated apartments within two months or face a $500-a-day fine. "It means that we are trying to preserve our rent-controlled stock, which is very important to us because that represents our affordable housing," said Councilwoman Lucille Steiner. The ordinance originally was proposed Feb. 18, but underwent minor revisions.

Last night, the council said the ordinance would be effective immediately, although Kates planned to research whether the move was constitutionally sound. A hearing on the issue will be held June 30. About 50 residents from Tea-neck Gardens, a 204-unit complex off State Street, attended the meeting. The complex will be turned into a cooperative, said Kerry Flowers, the senior counsel for Time Equities, the Manhattan-based company that owns the complex. Flowers earlier said 11 apartments less than 5 percent of the number in the complex are vacant.

Residents, though, said 15 apartments are vacant The antiwarehousing ordinance is due for a vote on adoption at the council's June 30 meeting. The second proposal was not formally discussed. But Township Manager Werner Schmid opposed it, saying the township should not get into the real-estate business. "I'm totally opposed to the township getting involved," he said. cil last night introduced an ordinance prohibiting landlords from stockpiling vacant apartments, to the cheers of about 50 residents of a complex pegged for conversion to cooperative apartments.

Moments later, the council tabled discussion of another ordinance designed to maintain the township's stock of affordable housing. The tabled measure would give the council the right to purchase, at an insider's price, up to 10 percent of the vacant apartments and units purchased by tenants of complexes undergoing conversions into cooperatives or condominiums. That measure will again be considered at the council's June 23 meeting. Speaking of the an ti warehousing ordinance, Township Attorney Michael Kates said: "Teaneck is following the lead set by several north Hudson communities and attempting to prevent the freezing of vacant apartments, which removes them from the rental market." Said by township officials to be the first such measures in Bergen County, the ordinance prohibits building owners from hoarding vacant units. It requires that owners notify the township's rent board when an apartment is vacant for more than 30 days; they also must Yield based on principal and interest remaining on deposit for one year, and rate remains constant.

Substantial penalty for early withdrawal required. Rates and yields subject to change daily, but guaranteed constant upon opening your account. CALL YOUR NEAREST POLIFLY OFFICE FOR RATES ON OTHER MATURITIES Iinn i and Loan Ajaoctsaon MemtwrFSMC HASBROUCK HEIGHTS: 181 Boulevard. 288-3960 and 201 Williams Ave. 288-5820.

HACKENSACK: 242 State St 342-7744 and 341 Essex St 487-4944. LITTLE FERRY. 100 Washington Ave 641-6755 MAYWOOD: 25 Pleasant Ave 843-5530. EAST RUTHERFORD: 134 Park Ave 933-6668 DRIVE-IN SERVICE: 181 Boulevard and 100 Washington Ave. EQUAL OPPORTUNITY LENDER EQUAL HOUSING LENOER.

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Pages Available:
3,310,453
Years Available:
1898-2024