Sentinel article regarding Golden Triangle

Officials back another bad deal for EB

I am writing this letter because I want the East Brunswick mayor and Township Council to consider the ramifications of the Golden Triangle deal they have struck with Toll Brothers and to start putting the township and the taxpayers, instead of the developer, first.


Anyone with common sense could have seen that the first deal they struck with the developer whereby Toll Brothers could just back out of the deal or pay less money if the market went against them was absurd. The town had nothing to gain and everything to lose, while Toll Brothers was given a risk-free investment deal where no matter how the real-estate market went, the company would come out ahead.

The remainder of the letter can be reached at this link:
http://eb.gmnews.com/news/2012-09-25/Letters/Officials_back_another_bad_deal_for_EB.html

NYC cracking down on curb side buses

New York is cracking down on the operation of  curbside buses that don't use the PABT.

It remains to be seen how this will play out given that the PABT is already operating at or above its capacity much of the day.

Commuter Parking Advisory Committee

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City to City, on the Cheap

By SUSAN STELLIN

Published: August 27, 2012

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The intercity bus business has expanded rapidly since companies like BoltBus and Megabus took to the highways, promising fares as low as a dollar between cities like Boston and New York.

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Ruby Washington/The New York Times

A Megabus boarding site on 34th Street in Manhattan. It serves 90 cities, compared with 40 two years ago.

Benefiting from a business model that relies on online ticketing instead of staffed ticket counters and curbside pickup instead of bus stations, these companies have added routes across the country and attracted passengers who once shunned bus travel.

link to article

Dispute over Wal-Mart lease at Council

E.B. council debates deal involving Walmart

Ferraro questions whether latest agreement is ‘sound business practice’

BY JACQUELINE DURETT Correspondent

Despite the dissent of one member, the East Brunswick Township Council last week approved a recognition agreement that protects Walmart’s interest in the Golden Triangle property.

The council voted 3-1 on Aug. 19 to recognize the contingency agreement between Walmart, Toll JM Urban Renewal and the township.

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