NEWS, SPORTS, COMMENTARY, POLITICS for Gloucester City and the Surrounding Areas of South Jersey and Philadelphia

Two South Jersey Women Admit Operating a Methamphetamine Drug Ring
AccuWeather NEWS: HELLO WINTER! Cold Front Headed this Way, Some Snow to Northeast

64% Of Homes In Gcity Are Apartments:

Developer Seeking Gloucester City Planning/Zoning Board's Permission to Build 5 Story Apartment Building

William E. Cleary Sr. | CNBNewsnet

The applicant wanting to build an apartment building at North Broadway and Middlesex Street will appear Wednesday night before the Planning/Zoning Board in council chambers at the Police Administration building, 313 Monmouth Street. The meeting starts at 7:30 PM.

 According to real estate records, the property was listed for $44,000. And presently has a pending offer. Ahmed Wafik is asking the Board to consider a request to construct a five-story building on the empty lot at 200-204 N. Broadway. The first floor would be used for a commercial business, yet to be named, and the other four floors would be for apartments.

The empty lots once housed two homes that were destroyed in a horrific fire on July 4, 2002. Three firemen and three children died in that blaze, and the two properties burned to the ground. Since then, the property has been used as the unofficial memorial site for those who died. 

Screen Shot 2022-10-19 at 16.09.03images from Zillow

 

GLOUCESTER CITY, NJ (October 17, 2022)(CNBNewsnet)--As we mentioned in an article last week, Gloucester City has become the "Mecca" for developers looking to build a warehouse or move into an existing building to modernize a warehouse. People are also looking at Gloucester City's housing stock to renovate into apartments.

RELATED : Rental Properties in Gloucester City Out-Number Homeowners

Last month, the Gloucester City Planning/Zoning Board approved an application to renovate the historic Gloucester Catholic High School Boys Annex into 15 apartments. The applicant is operating under the name of One South Burlington Street LLC. The Registered Agent on file for this company is Joseph Romano of Warren, NJ.

Screen Shot 2022-10-17 at 12.54.15CNBNews photo credit

St. Mary's Parish owned the high school building. It was sold in 2017 to WEBO, LLC, for $450,000. The principals of that business are Rich Lauletta and Paul Margaritis. "WEBO is our best acronym for West of Broadway, which is our area of focus in Gloucester City," said Lauletta in 2017. Their office is located in Philadelphia. 

+++++

 

Screen Shot 2022-10-09 at 09.04.52The arrow points to the empty lot where a developer wants to build a five-story building. Commercial property on the first floor and apartments on the four floors above. (image courtesy of Google maps)

+++++

At this month's meeting on Wednesday, October 19, Ahmed Wafik is asking the Board to consider a request to construct a five-story building on an empty lot at 200-204 N. Broadway. The first floor would be used for a commercial business, yet to be named, and the other four floors would be for apartments.

Screen Shot 2022-10-09 at 14.32.17The empty lot has become an unofficial monument as a remembrance for the three firefighters and children who died during a July 4, 2002 fire. (CNBNewsnet photo credit)

+++++

The empty lots once housed two homes that were destroyed in a horrific fire on July 4, 2002. Three firemen and three children died in that blaze, and the two properties burned to the ground. Since then, the property has been used as the unofficial memorial site for those who died. 

 

Presently, out of 4300 residences in Gloucester City, 3,000 are apartments or 64 percent of the homes. In other words, there are more rental properties in Gloucester City than homeowners. 

 

At Wednesday's meeting, Jonathan Cuccinello of Philadelphia is seeking permission from the Planning Board to open an O-Ring factory on Brick Street, across from Vitale's Italian Bistro restaurant. Mark A. Rinaldi, Esq, of the  Singley, Gindele & Rinaldi 200 Haddonfield Berlin Road, Suite 400 Gibbsboro, represents the applicant. 

What is an O-Ring?

An O-ring is a round elastic loop used as a seal for static and dynamic applications. Their primary purpose is to seal between structures such as pipes, tubes, pistons, and cylinders. O-rings are made of various materials depending on how they will be used and are highly pliable. When placed between two surfaces, they block the leakage of liquids or gases. The production and manufacturing of O-rings involve extrusion or injection, compression, and transfer molding. The extrusion part of the process is used to shape elastomers for the molding process. source https://www.iqsdirectory.com/

Not all developers are building warehouses or apartments. One businessman has been renovating the former Orlando Tavern, 500 Paul Street, into a coffee shop.

RELATED:

Businesses are Looking to Move Into Gloucester City

CNBNEWS POINT OF VIEW

CNBNEWS TIPS AND SNIPPETS

Peyton and Me Meandering

The Story Behind The Story

HOW MANY BROKEN WINDOWS IN OUR CITY

Comments