Page 6 - CooperatorNews New Jersey Expo 2021

6 COOPERATORNEWS NEW JERSEY —EXPO 2021 NJ.COOPERATORNEWS.COM Industry Pulse Events We’re Back, Baby! CooperatorEvents Expo Returns to NJ this Fall! www.nj-expo.com CooperatorEvents is thrilled to announce the return of our in-person Expos! This fall, the CooperatorEvents New Jersey Expo will take place at the Meadowlands in Secaucus on Tuesday, October 26, 2021, from 10:00 a.m. to 4:00 p.m. We have an exciting lineup of exhibitors eager to interact in person, cov- ering every aspect of multifamily living, from board governance, financial planning, and community engagement to roof repair, ener- gy management, and lawncare. Like our past in-person Expos, the CooperatorEvents New Jersey Expo 2021 will include a full day of free workshops, seminars, networking, and more. And as always, registration and attendance are FREE to all! Visit www.nj-expo.com to see who’s exhibiting, get more information, and register as an exhibitor or an attendee. This will be a must-attend event for all condo, co-op, and HOA board members, property managers, residents, and real estate profes- sionals in the Garden State! We look forward to seeing you there in person! Insurance Mackoul Selected as Insurance Provider to Willow Park Condo Mackoul Risk Solutions, an insurance agency in Manhattan, New Jersey, and Long Island spe- cializing in co-op and condominium coverage, announces that it has been chosen as the insur- ance broker for Willow Park Condominium Association in Hoboken, effective January 2021. The building is just a few blocks from the NYC bus and ferry, and features an outdoor pool, shared yard/outdoor space, and fitness center. “We look forward to continuing to work with the board and a successful working rela- tionship with Denali Property Management, a premier property management firm,” says Eric Eggert, Business Development Specialist, Mackoul Risk Solutions. Awards & Recognition Condo at One Park Named HGTV Design Finalist A three-bedroom unit at the 14-story luxury condo tower One Park Condos in Cliffside Park has been named a finalist for a Designer of the Year Award presented by home-improvement and real estate network HGTV. The residence, as described by a PRWeb press release on the subject, boasts expansive views of the New York City skyline along with luxury finishes and amenities. Interior designer Joe Human designed the space, nominated for the award program’s “Living Large in Small Spaces” category, which is decided by votes from the public. “Within \[the unit\] I used a mix of bold design, patterns, and subtle neutrals to create a good balance that would still appeal to the art lover or the minimalist,” says Human. “I wanted to showcase art, so we worked with \[Drew Scott, of the network’s hit show ‘Property Brothers’\] on selecting a piece for the master bedroom. We also custom-made the remaining artwork spe- cifically to fit the vision.” The building is being marketed by New Jersey brokerage CJ Dalton, whose president Taryn Byron contributed her expertise to the design. She says to PRWeb , “One Park attracts a very fashion-forward resident who enjoys trav- el, art, and culture with a comfortable, laid-back style. They are anything but boring and enjoy the marriage of city and suburb. Our residents want it all—a posh place to call home, 5-star amenities, and views, views, views from New Jersey’s gold coast.” According to PRWeb , One Park Condos comprise 204 upscale units ranging from one to four bedrooms with up to 2,983 square feet of living space. Interiors feature gourmet kitch- ens with chef-caliber appliances, large bedroom suites, and spa-inspired master suite baths. Amenities include an outdoor movie theater, fitness center, golf simulator, children’s play- room, and pet spa, along with a short commute to and from New York City, not to mention those sweeping views. The building is attended by 24-hour doorman service with two options for parking, including the recent addition of a luxury vehicle garage designed explicitly for low-chassis vehicles. A resident-only shuttle service is also an option, notes the release. Winners of HGTV’s Designer of the Year Awards will be featured on the television net- work. Readers can view the finalists and cast their vote at www.hgtv.com/design/packages/ hgtv-designer-of-the-year-awards/2021. Law & Legislation City Council Passes Building Inspections Law in Jersey City According to Jersey Digs, the Jersey City Council unanimously passed a strengthened building inspections ordinance on August 18, 2021. The legislation was announced by Jersey City Mayor Steven Fulop in July in response to the partial collapse of the Champlain Towers Condominium in Surfside, Florida, that had recently killed nearly 100 people. “Since the sad news from Florida,” said Mayor Fulop at the announcement, “we’ve had Jersey City residents in several buildings reach out with the knowledge that their condo boards are delaying work because of the potential cost to residents.” The new law applies to residential and non- residential concrete buildings that are more than six stories and requires property owners and condominium associations to hire—and pay for—a licensed architect or engineer to conduct a visual structural inspection every ten years and façade inspections every five years. The structural inspection must examine all foundations, balconies, structural members, and waterproofing conditions of a building. The façade inspections must assess all exterior walls and appurtenances, and applies to masonry- constructed buildings over four stories as well. Building owners must then submit a written report to the city’s Division of the Construction Code and make any repairs indicated in the report. Another inspection must take place within 30 days of completion of the repairs. “Jersey City has \[more\] high-rise buildings than any other municipality in New Jersey, with various building structures and ages,” Mayor Fulop continued. “Our goal is to strengthen our policies in order to provide the best protection for our residents and the community at large.” According to Jersey Digs , the ordinance states that the regulations will take effect “at the time and in the manner provided by law.” Trends New Jersey’s Hot Home Market Expands to Unexpected Towns New Jersey Monthly contends that a dozen of less-assuming towns in the state are experienc- ing real estate booms as the pandemic contin- ues to push buyers toward more space and away from easy commutes. In alphabetical order: Barnegat Township, in Ocean County, is teeming with developments for the 55 and over set. Nearly 600 new luxury homes are in the works, adding to the township’s existing inven- tory of more than 3,000 age-restricted homes, according to the Monthly. Bayonne, in Hudson County, is a draw for buyers from New York City and those priced out of Jersey City, says the outlet. Redevelopment is bringing thousands of new units to the town— mostly rentals—and starter single-family homes can still be had for $300,000-$400,000. Bloomfield, in Essex County, seems to be experiencing “spillover from the brand-name towns”—in this case, neighboring Montclair and Glen Ridge —according to Alison Bernstein, founder and president of Suburban Jungle, a company and technology platform that helps city dwellers move to suburban towns. There has also been significant mixed-use redevelop- ment, especially in the town center. Greater Glassboro, in Gloucester County, was once a glass-manufacturing center, but has struggled over the intervening century. Enter efforts from local Rowan University to revitalise the borough, and things are looking up in the form of private residential development and $350 million in mixed-use development. Borough administrator Ed Malandro, a for- mer councilman, says, “I have developers right now looking to build high-end townhomes, which I never thought I’d see in Glassboro.” The median sale price for condos and townhomes increased 27% to $222,000 from April 2020 to April 2021. Hackensack, part of Bergen County, has undergone a downtown revitalization in recent years, according to New Jersey Monthly. With help from the new construction, the median PULSE continued on page 30 YOU’LL LEARN SO MUCH YOUR HEAD COULD EXPLODE. (Our lawyers said we had to warn you.) MEADOWLANDS EXPO CENTER, SECAUCUS — TUESDAY, OCTOBER 26, 10–4 FREE REGISTRATION: NJ-EXPO.COM