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POLL: Should Point Boro Move Forward With Community/Recreation Center Plans?

What do you think? Please let us know in the poll or in the comments.

The next meeting to discuss plans for a new community/reacreation center will be 7 p.m. May 28 at the borough hall on Bridge Avenue.

What do you think? Please let us know in the poll or in the comments.

Some residents say they plan to attend to talk about how the current recreation center needs improvement - and how they hope the new project is an upgrade.

Plans for the center were to take shape over the winter, as the Boro Council promised to survey residents and stakeholders about what the building should offer and look like.

The borough paid $2.97 million in September for 860 Arnold Ave., where developer Michael Granite once planned to build 24 townhouses. The property, near the turn into Point Pleasant Beach on Arnold Avenue, sat vacant for years with a builders’ trailer where, according to officials, the real estate market struggled.

Jack Kennell May 04, 2014 at 01:41 PM
The Beach Mayor should be complimented. These Patch blogs mainly themed about property taxes have been going on all winter, and he is the only "electee" in the area to state his views, the rest of "electees" have been quiet as church mice. The problem with the Risden deal was a classic "bait & switch". The town really wanted a small beach in the area, so the town actually winds up with an over-assessed parking lot instead of an under-assessed beach which is the real money maker. They, as it seems to becoming a pattern, threatened to build some screwy development, obviously unfeasible and doomed to failure after the real estate crash, and then they got "bailed out" by the town. Instead of getting the beach the town gets the "white elephant" (whitess of white) parking lot which loses money and costs the taxpayers a small fortune every year. If the Risden family were so "charitable", why don't they also now sell their under-assessed beach to the town? I think the beach is only assessed for about $500K, a real steal.
Joseph Bilotti May 04, 2014 at 02:29 PM
I said 3 million not 4 million. Thanks again Spooner for the truth.
Vince Barrella May 04, 2014 at 02:45 PM
JB you wrote "It costs at least $200,000 a year for 20 years to own that lot." That multiplies to $4 million not $3 million. Of course you are forgetting that the Beach derives parking revenue from the lot which helps to further lower the cost of the acquisition.
Joseph Bilotti May 04, 2014 at 02:52 PM
Thanks again Spooner for the truth!
Jack Kennell May 04, 2014 at 08:13 PM
Joe Bilotti and Spooner opened a can of worms with their discussion of the Risden fiasco in the Beach. They forgot to factor in the annual property taxes LOST by the REMAINING Risden Corp. properties which assessments were immediately reduced by about 30% based upon the sale of the Risden parking lot to the town, costing the town about $35,000 annually in property taxes. PLUS the actual loss of taxes about $50,000 by the town taking the parking lot off the tax rolls. The total in taxes lost annually would then come to about $85,000 to be added to their calculations! Actually apparently that was what the tax assessor was supposed to do In the Boro with the Rec Center property, immediately reduce the assessment of $3.3 million based upon the 2011 "sale" of $1.5 million in which case the town would have been justified in paying only $1.5 million instead of the $3 million! The Beach taxpayers got screwed and the Boro taxpayers are getting screwed. Are these "inside jobs" or what?


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