Page 4 - CooperatorNews New Jersey Winter 2022

4 COOPERATORNEWS NEW JERSEY —WINTER 2022 NJ.COOPERATORNEWS.COM I P PULSE With locations in Northern and Central NJ Visit us on the web at www.WilkinGrp.com | 201.560.0900 Wilkin Management Group, Inc. 30 Years of History Wilkin Management Group, Inc.ilkin Management Group, Inc. Visit us on the web at www.WilkinGrp.com | 201.560.0900 W For over 30 years, Wilkin Management Group has held to an unshakeable corporate philosophy of Creating Value for Our Clients. Our People, Process and Performance demonstrates an un-wavering commitment to do so. INDUSTRY NEWS Parallel Architectural Group Welcomes Lynn Voorhees, R.C.S., R.S. Parallel Architecture Group, a full- service architectural firm located in the elevation project that will protect Long Branch, announces in a press re- lease that it has hired Lynn Voorhees, out of the surrounding marshlands and R.C.S., R.S., as Director of its Commu- nity Associations Division. The launch heavy rains. of the division and adding Voorhees to lead it are an expansion of the firm’s ized. We are pouring a new foundation, 15-year experience with community as- sociation planning and design, says the a very cost-effective way,” Yarusi noted. release. “We are excited to focus on working Ocean Aire condo association, owns a with community associations and wel- come Lynn Voorhees, R.C.S., R.S., as damage from years of flooding first Division Director,” says Antonio Scal- ise, principal architect at Parallel Ar- chitectural Group. “With her 35-year exorbitant flood insurance costs, while experience in construction, we know her also being assured that their property expertise and energy will result in that wouldn’t flood. 150% premium service for our commu- nity association clients.” According to the release, Voorhees’s “and we had to either raise the home- professional experience includes many owners’ association fees or do something years with both DW Smith and Kip- con Engineering. She has served on the hopefully it will eventually go down to Board of Directors for both the Keystone $20,000 a year. But the most important and New Jersey chapters of the Com- munity Associations Institute (CAI), as elevating the complex gives us.” president of the Foundation for Com- munity Association Research, and on the elevation will provide homeowners: CAI’s Business Partner Council. Parallel Architectural Group provides says. “The noise level from cars won’t be architectural, engineering, interior de- sign, and construction management ser- vices for multi-residential communities in New Jersey, Pennsylvania, and New York. CONSTRUCTION Ocean Aire Condos Get a Lift According to reporting from outlet ing its comeback spirit after rebounding OCNJ Daily , a 52-unit condominium from decades of disrepair in the late 20th complex in Ocean City is undergoing a century and rebuilding its famed board- project that aims to lift the seven build- ings in the development eight and a half Sandy in 2012. New oceanfront condos, feet to avoid the chronic flooding that along with more mixed-use and residen- has plagued the complex for years. Ocean Aire Condominium, at 43rd made the roughly five-square-mile town Street and West Avenue, hired W.A. a new destination for condo investors Building Movers & Contractors Inc.—a and home purchasers. New Jersey-based company with expe- rience in elevation projects throughout has seen a recent influx of buyers from the tri-state area—to do the work. “It is New York City and northern New Jer- going well,” says company owner Wayne sey—many seeking either primary resi- Yarusi. The project entails lifting each build- ing off the ground, then excavating the motely a possibility. “We’ve \\\\\\\[also\\\\\\\] seen existing foundation and erecting the lots of empty nesters who sell the single- new cinder block foundation. It began family home and buy a condo on or near in mid-November 2021, according to OCNJ Daily , and is anticipated to finish in April 2022, weather permitting. Through a $3 million grant from the Federal Emergency Management Agen- cy (FEMA), the city was able to fund the complex from floodwaters that seep back bay as a result of coastal storms and “We are keeping everything winter- putting in windows, doors and stairs in Steve Sinibaldi, vice president of the unit on the first floor and has seen the hand. He says that the goal for the board and other owners was to reduce their “Our flood insurance was almost $100,000 a year,” he tells OCNJ Daily, about it. We will see some relief and thing for all of us was the peace of mind He mentions a few added perks that “We will have a better view,” Sinibaldi as bad and we will have more breezes. There are all pluses to this project.” NEIGHBORHOODS Long Branch Branches Out In November, the New York Times Real Estate section profiled the coastal New Jersey town of Long Branch, highlight- walk after it was destroyed by Hurricane tial development further inland, have According to the Times , Long Branch dences or weekend getaways since the COVID-19 pandemic made working re- continued on page 14