Feb 24 2010

Will snowfall erode summer rental business?

Ian Lazarus

A rental sign hangs on a beachfront house on Wesley Avenue in Ocean City. Paul Leiser says Internet browsing has reduced the negative effect snow damage might have on a property’s attractiveness to renters, but say beach erosion due to snow can drive them away. Photo by: Dale Gerhard

By BEN LEACH Press of A.C. Staff Writer | Sunday, February 21, 2010

As most of the region spent the past few weeks digging out of more than 2 feet of snow, some people imagined the summer months and a nice, warm, and snowflake-free beach season mere months away.

But as the snow eventually melts and washes away, so could the sand that makes living at and visiting shore resorts so desirable in the first place.

When people start making their vacation plans for the summer of 2010, the amount of sand left on the coast could make a big difference in where people want to spend their time and their money.

“People are going to go to an area where there is a beach,” said Steve Booth, a manager for Prudential Fox and Roach Realty in Ocean City.

According to an analysis by New Jersey’s Department of Environmental Protection, Ocean City lost about a foot of sand at the northern end, where a beach replenishiment project has been under way for a few weeks.

Those routine beach-replenishment projects are what puts visitors’ minds at ease, Booth said.

“(Visitors) are fairly confident that by the summer everything will be fine,” Booth said.

However, Booth said residents who like to be close to the beach are not above taking their business somewhere else if the beach immediately in front of their rental property isn’t there or doesn’t meet their standards.

“If people don’t like the beach where they’re staying, they’re not going to go to another town. They’re going to check out places a few blocks away,” he said. But to a real estate agent, that can be too far. “The rental business tends to be territorial.”

Even though visitors to a shore resort can make a last-minute decision, many of them like to plan well in advance.

Presidents Day weekend is a particularly busy time for booking rental units for the summer, said Paul Leiser, co-owner of the Avalon Real Estate Agency on Dune Drive in the borough of Avalon.

“Twenty five years ago, they would be lined up waiting for us to unlock the doors,” Leiser said. “By 5 or 5:30, we’d be wiped out.”

Leiser said that at the time, a visit could be affected by ice on the steps or the appearance of the beach. But times have changed, and so have the ways in which people seek out rental properties.

According to Leiser, about

70 percent of all summer rentals through his agency are researched online. For some visitors, virtual tours are sufficent when making their summer real estate decisions.

Even in the hardest-hit areas, such as Long Beach Island, where the DEP’s analysis found 2 to 3 feet of erosion along places such as Beach Haven Crest and Harvey Cedars, a history of beach erosion doesn’t necessarily deter renters.

“(Erosion) is not affecting rental prices,” said Eileen Matson, a broker associate for Century 21 Mary Allen Realty Inc. in Ship Bottom.

Matson, who has been in real estate on Long Beach Island for 25 years, said erosion has never affected rental prices in her territory.

As long as people want to rent beachfront properties over the summer, Matson said, the prices will remain steady. And so far in 2010, that demand doesn’t seem to be dropping off at all.

“We’re actually seeing a rise in business this year compared to last year,” Matson said.


Feb 24 2010

Trump Entertainment again looks to sell Trump Marina

Ian Lazarus

Trump Marina Hotel Casino, in Atlantic City, NJ Photo by: Vernon Ogrodnek

By DONALD WITTKOWSKI Press of A.C.Staff Writer | Wednesday, February 24, 2010

Trump Entertainment Resorts Inc. will resurrect negotiations to sell Trump Marina Hotel Casino to the businessman who wanted to buy it last year, but the new price is only a fraction of the original.

Mark Juliano, chief executive officer of Trump Entertainment, said the company has received an offer of $75 million from Richard T. Fields, chairman of the New York gaming group Coastal Marina LLC.

“That’s the offer we have on the table. Will we go back to him and ask for more? That’s possible,” Juliano said in an interview Wednesday at U.S. Bankruptcy Court.

Trump Entertainment and Fields originally reached a tentative $316 million deal for the Marina in 2008. In hope of salvaging the sale, the price was lowered to $270 million last year before negotiations collapsed.

The new $75 million price tag reflects plunging real estate values in the Atlantic City gaming market, now mired in a three-year slump because of the sluggish economy and casino competition from surrounding states.

Trump Marina’s sale is part of the company’s plan to have corporate bondholders backed by Donald Trump take over the Trump casinos and pull them out of Chapter 11 bankruptcy.

Billionaire investor Carl Icahn, who has teamed up with Texas banker Andy Beal, has submitted a competing plan to buy the Trump casinos.

Icahn, in a videotaped deposition played Tuesday in bankruptcy court, said he would consider selling both Trump Marina and Trump Plaza Hotel and Casino if he gains control of the Trump gaming empire.

Icahn added that he has not made a final decision, although he believes “it might make some sense” to sell the Marina and Plaza and keep only the flagship Trump Taj Mahal Casino Resort.

A hearing on the competing buyout plans continues this week in bankruptcy court, with Donald Trump scheduled to testify today. Bankruptcy Judge Judith H. Wizmur will choose the winner, but her ruling is not expected for at least a few weeks.

In testimony Wednesday, Trump Entertainment’s financial adviser said Trump Marina’s sale would help stabilize the company amid declining revenue and lower earnings projections. He predicted a deal with Fields would be completed by the end of 2011, if not sooner.

“It is our strong belief that the Marina will be sold,” said Andrew Yearley, managing director at Lazard Freres & Co. “They will find a way to sell that asset. There is a legitimate buyer out there.”

Trump Entertainment still holds the $17 million down payment that Fields put toward the purchase last year. The down payment would be included in the proposed $75 million transaction, Juliano said.

Fields announced last year that he would transform Trump Marina into a Margaritaville-themed casino in partnership with singer-songwriter Jimmy Buffett.

Yearley testified that Trump Marina’s sale also would result in the settlement of a 2004 lawsuit pitting Donald Trump against Fields. Trump alleges that Fields cheated him out of a development deal for the Hard Rock casinos in Florida owned by the Seminole tribe.

Under questioning by Icahn’s lawyer, Yearley disclosed that the bondholder-backed restructuring plan also could involve some type of “strategic transaction” for Trump Plaza, possibly a sale or bringing in a new joint venture partner.

“The Plaza is an underperforming property,” he said. “Something has to be done with the Plaza over time.”

Bondholders, who own $1.25 billion in Trump Entertainment notes, have offered to buy the casinos for $225 million. They propose giving Donald Trump as much as a 10 percent share in the company in exchange for the continued use of his famous name on the casinos.

However, Icahn’s attorneys question whether Trump Entertainment, on behalf of the bondholders, could assume the rights to the Trump name in a bankruptcy restructuring. Trump is expected to discuss his trademark licensing agreement with the company when he testifies.

Icahn also would like to keep the Trump casino name. He has bought a majority of Trump Entertainment’s $486 million loan held by Beal Bank and proposes to convert the debt into ownership of the company.


Feb 23 2010

Trump, Icahn vying in court today for Atlantic City casinos

Ian Lazarus

Associated Press & Reuters |

Lawyers for two billionaires will be in court Tuesday wrangling over which will have an ownership stake in the three Atlantic City casinos that bear the name of Donald Trump.

Trump resigned last year from the board of Trump Entertainment Resorts just before the company filed for bankruptcy.

But now he’s joined with the bondholders to emerge as the owner.

The competition is another big name in the casino business. Carl Icahn says he would wipe out all the casino’s debt if his group takes over. But it’s not certain the Trump name would remain on the casinos if that’s the case.

A federal bankruptcy judge in Camden is starting proceedings to determine which group should own the business.

Meanwhile, Beal Bank, a senior lender to Trump Entertainment Resorts (TRMPQ.PK), filed a complaint on Monday against 10 other creditors of the bankrupt casino operator, accusing them of violating an intercreditor agreement.

The complaint came on the eve of the hearing in New Jersey bankruptcy court.

On one side is a group of bondholders owed $1.25 billion who have the support of Donald Trump. On the other is Beal Bank and billionaire investor Carl Icahn with their own restructuring proposal.

In the complaint, Beal Bank — which lent $500 million in financing to Trump — said bondholders and U.S. Bank violated an intercreditor agreement by proposing an alternate reorganization plan for Trump Entertainment.

A representative for the bondholders, which includes Avenue Capital Management and OakTree Capital Management, could not be immediately reached.

A U.S. Bank representative could not be reached. U.S. Bank is the second lien collateral agent, according to the complaint.


Feb 22 2010

Parkway motorists put up with construction now, but third lane through southern New Jersey to bring relief

Ian Lazarus

By LEE PROCIDA Press of A.C. Staff Writer | Saturday, February 20, 2010

Work on the first phase of the Garden State Parkway expansion project south of Toms River has caused delays but is expected to be complete in December. Photo by, Bill Gross

 The ongoing work to expand the parkway from South Toms River to Somers Point has already dramatically changed the landscape along the the nation’s busiest toll road, and there is much more work to come.

State transportation officials say more than a million motorists travel the parkway each day. More than $40 billion in tourism dollars depend on the road’s ability to safely and quickly deliver visitors to shore points, including Atlantic City.  Ensuring the parkway can handle the growing traffic demand is not just an investment in transportation but in the state’s economy.

In the first few months of construction, drivers passing through the Ocean County section of the parkway, accustomed to traveling through a narrow, wooded corridor, were suddenly surrounded by hundreds of orange cones, miles of concrete barriers and wide swaths of dirt on each shoulder.

“It’s kind of a pain,” said Samantha Butler, 45, of Bass River Township, who stopped at the Tuckerton Wawa before heading up Route 539 to the parkway. “I don’t know. It’s road work. It’s a fact of life.”

Harold David, 62, of Stafford Township, said he can live with the roadwork, knowing that it will eliminate the traffic jams he’s encountered in the Toms River area.

“So, at least what it’s doing will bring some relief,” he said.

The current project, slated to be completed by by the end of the summer, involves adding lanes only from South Toms River’s Interchange 80 to Stafford Township’s Interchange 63 — so the planned 50-mile overhaul has another 33 miles to go.

Planners and township and tourism officials say the improvements can’t come soon enough.

***

The parkway stretches 173 miles from the state’s border with New York to the north to the southern tip of the state in Cape May. Since it was built in the 1950s,  the road has served as a critical transportation route to the shore and a vital part of the region’s tourism industry.

When the parkway was built, Ocean County’s population was 50,000. Now the county’s population is more than 600,000 and the road, which connects visitors to the shore, often fails to do so without traffic backups. Widening is designed to address the road’s failures, particularly in the portion that runs through Ocean and Atlantic counties.

“Part of going on vacation is the driving experience,” said Renee Kennedy, president of the Southern Ocean Chamber of Commerce Board of Directors. “So, if they’re getting to their destination easier, then the parkway expansion would certainly be better.”

“And sometimes on Sundays you’re like, ‘Let’s leave to beat the traffic and get home early, but maybe people will stay a little longer on a Sunday afternoon.”

Before they are finished, contractors will have added two lanes of highway along a critical stretch of the parkway, from milepost 80 in South Toms River to Interchange 30 in Somers Point, Atlantic County.

To do that, they will have to clear land and add more than 100 miles of additional lanes — 50 miles in each direction — and widen 78 drainage culverts, overpasses and bridges, including the Mullica River bridge. Replacing the Mullica River span, built in 1954, is so critical that workers have already begun that task in preparation for the next phase. That road work is expected to be finished by December.

 New Jersey Turnpike Authority chief engineer Richard Raczynski said the project is putting more than 1,500 people to work. Three general contractors are involved in the first phase, said Raczynski. The Turnpike Authority maintains the parkway.

State officials and engineers view it all as an absolutely necessary plan to fix a road that was never intended to handle the high levels of traffic now seen daily along various points.  According to the state Department of Transportation, more than a million motorists use the Garden State Parkway each day, making it the busiest toll road in the nation, but one that fails repeatedly to handle peak traffic volume.

 In a 2006 report commissioned by the New Jersey Turnpike Authority, an engineering firm said not widening the parkway would not only lead to more traffic jams on it, but problems elsewhere. The study predicted more motorists would start finding alternative routes, creating more traffic on already congested roads such as Route 9.

Former Gov. Jon S. Corzine said fixing the parkway was not only an investment in transportation, but an investment  in the state’s $40-billion-a-year tourism industry. Making that case recently was Ruth Smith and Susan Feeber, two friends taking the parkway back to New York City after spending an extended weekend in Atlantic City.

“Yeah, it needs to be three lanes,” said Smith, 65. “There’s no question.”

Smith and Feeber had stopped at the Lacey Township interchange, parking near several massive yellow construction vehicles.

They said they make the trip a few times a year to the casinos, but are wary of coming down in the summer when cars back up, bumper-to-bumper, from Toms River through Stafford Township and then again at various points farther south.

“They definitely need to expand the road,” Feeber said. “When there’s just two lanes, an accident can block the whole road, or two slowpokes can jam up everyone else.”

***

Some environmentalists and at least one transportation advocacy group, though, say the project is a  waste of public funds and will not alleviate the traffic problems, but will welcome more sprawling development into the region.

The Trenton-based nonprofit Tri-State Transportation Campaign  is suing the Department of Environmental Protection for issuing the Turnpike Authority a permit for the project, alleging that it did not properly evaluate alternatives.

Those alternatives, according to the group’s staff attorney, Kyle Wiswall, should include instituting variable tolls that increase at certain times to discourage travel during peak hours and days, as well as implementing more ways to encourage car-pooling and public transportation.

“I have people calling me all the time saying, ‘Oh my God, how much are they taking down?’ ” said Jeff Tittel, president of the Sierra Club’s New Jersey chapter. “A lot of people that drive by are shocked by how much they’ve done so far.”

Meanwhile, the massive undertaking continues on schedule, with the first, $220 million phase set for completion this year.

This current phase, besides widening the highway from milepost 63 in Stafford Township to Exit 80, includes installing two Express E-ZPass lanes at the Barnegat Township toll plaza and building a new Mullica River bridge.

The authority plans to restore or create 517 acres of forest and wetlands elsewhere  to compensate for the land it is taking for the additional lane of traffic.  A plan to build tunnels for wildlife to pass under the roadway was scrapped.

“There are so many culverts that cross the parkway now that building additional tunnels would not make sense for what it would cost,” said the authority’s engineer Raczynski. “The DEP finally agreed that our logic was sound.”

The second phase, which expands the road between milepost 48 in Port Republic and Exit 63, starts in July 2011 and should finish by May 2013.

The third and final phase, which will add a third lane down to Somers Point, still awaits funding and has not yet been scheduled.


Feb 22 2010

“Jersey Shore” isn’t ruining the country’s perception of New Jersey, according to poll

Ian Lazarus

By DAN GOOD, Press of A.C. Staff Writer | Monday, February 22, 2010

New Jersey residents, fear not.

The MTV reality show “Jersey Shore” hasn’t destroyed America’s perceptions of the Garden State – at least according to the latest Fairleigh Dickinson University Public Mind national poll.

According to the poll, three in five respondents who have seen the show have a favorable view of New Jersey, compared to 44 percent who have not seen the show.

About 20 percent of respondents have an unfavorable view of the state, regardless of whether they’ve watched the show.

The program involved eight housemates spending a summer in Seaside Heights, Ocean County. One episode showed the castmates visiting Tropicana Casino and Resort in Atlantic City.

Lawmakers and citizens railed against the show’s portrayal of Italian-Americans … New Jersey shore life … the country’s decaying education system and moral fiber …

Despite all the tanning and juiced bodies and hair gel, the show didn’t shred the country’s perceptions of New Jersey, according to the poll.

Which begs the question – is America’s perception of New Jersey already that low?

Dan Cassino, a professor of political science at Fairleigh Dickinson University, discussed the poll results in a press release.

“I don’t think anyone would claim that the TV show has anything to do with the real New Jersey,” Cassino said. “Still, the image it portrays doesn’t seem to be hurting the state as some have feared.”

The poll involved 1,001 telephone interviews conducted between Jan. 22 and Feb. 4.

The cast of the MTV reality show 'Jersey Shore'


Feb 22 2010

Officials to begin hand-swabbing for explosives at Atlantic City International Airport

Ian Lazarus

 

By STEVEN LEMONGELLO Press of A.C. Staff Writer | Friday, February 19, 2010

      Passengers embarking from Atlantic City International Airport can expect to face one more level of security beginning in the next few weeks – a procedure the government calls explosive trace detection, or ETD, but has become more commonly known as hand-swabbing.

Ann Davis, spokeswoman for the federal Transportation Security Administration, or TSA, said random tests for explosive materials would be rolled out in phases before eventually being conducted at all airports, for both domestic and foreign flights.

“A machine on a mobile cart will be wheeled around by officials on a random, unannounced basis,” Davis said Friday, “sometimes in the checkpoint line, sometimes beyond security checkpoints at the gate areas.”

A clean cotton swab will be passed over a person’s palm and inserted into the machine, she said and “the machine will tell us quickly if it detects the presence of explosives.”

However, passengers should not expect to see the method used every day at every airport.

Kevin Rehmann, security and incident manager for the South Jersey Transportation Authority, or SJTA, said that meetings with the TSA were scheduled for Friday to discuss how and when the ETDs would be rolled out at Atlantic City International in Egg Harbor Township.

In a statement, acting TSA Administrator Gale Rossides called the technology “a critical tool in our ability to stay ahead of evolving threats to aviation security. Expanding the use of this technology at checkpoints and at departure gates greatly enhances security to keep the traveling public safe.”

The swabs are just the latest method the TSA has employed since the botched Christmas Day attack on a Detroit-bound jetliner. ETDs were tested for two weeks at Raleigh-Durham International Airport, Hartsfield-Jackson Atlanta International Airport, Orlando International Airport, and Pitt-Greenville and Coastal Carolina Regional Airports in North Carolina, the TSA reported.

The total cost for the 400 new ETS units has been funded using $15 million in federal stimulus money, the TSA stated. The federal budget for fiscal year 2011 also includes $39 million for 800 additional ETD machines.


Feb 17 2010

Feds increase catch for black sea bass this year

Ian Lazarus

By RICHARD DEGENER, Press of AC Staff Writer | Posted: Friday, February 12, 2010

The federal government has taken emergency action this week to increase the black sea bass quota by nearly 61 percent in 2010.

The action came amid a six-month closure of the fishery and a lawsuit filed in U.S. District Court by the Galloway Township-based Recreational Fishing Alliance.

Fishermen were incensed about the closure that began in October, destroying the winter fishery, and this led to a review of data that led to a better outlook on stocks.

The RFA is still reviewing its options concerning the lawsuit, since “substantial and irreparable harm” was brought forth by the closure.

The quota for 2010 was expected to only allow a two-month fishing season. The new quota will add several months but could still be one of the most restrictive sea bass years in recent memory.


Feb 14 2010

Good real estate news: Home equity is rising again

Ian Lazarus

By Kenneth R. Harney

Saturday, February 13, 2010

With all the bad news about underwater homeowners and strategic walkaways, you might think that American homeowners’ equity holdings are in the tank. But the least-publicized recent statistic on real estate is that, despite these scary reports, home equity is again on the rise.

Is that some piece of rosy propaganda put out by housing lobbyists to stimulate more home buying? Not unless you consider Federal Reserve economists to be shills for the real estate industry. The Fed conducts massive research into mortgage balances and home-value changes in hundreds of local markets around the country and reports its findings quarterly.

According to the Fed’s most recent “flow of funds” survey, homeowners’ net equity grew by nearly $1 trillion from the recession’s nadir in the first quarter of 2009 through the third quarter. From June 30 to Sept. 30, net equity rose by $418 billion.

That’s not all that impressive compared with the quarterly increases during the hyperinflationary housing boom years, but it could signal something important: After three years of unprecedented shrinkage in home equity — and three years of rapid expansions in the number of underwater borrowers with negative equity — there are signs that the down cycle may be shifting.

Last week, online real estate valuation researcher Zillow.com released its latest quarterly numbers on negative equity in major markets. The findings were sobering, but the study also offered some hints of modest improvements for housing. The overall negative-equity rate among American homeowners remained flat in the fourth quarter, at 21.4 percent. But like the Fed’s numbers, that ratio represented a slight decrease from the first two quarters of last year, when 22 percent and 23 percent of owners owed more on their mortgages than the estimated market value of their real estate.

Zillow’s study found that in dozens of housing markets — including the District, Los Angeles, San Francisco, Detroit, Miami, San Jose, Seattle and Tampa-St. Petersburg — the percentage of homeowners with negative equity appears to be on the decline. In the Washington area, 27.5 percent of homeowners had negative equity in the fourth quarter. That was down from 29.6 percent in the third quarter and 33.5 percent in the second.

Some of the largest declines occurred in cities hardest hit by the recession and the housing bust: Ann Arbor, Mich. (a decrease of 9 percentage points); Riverside, Calif. (-5.7); and Phoenix (-2). Florida markets that have struggled with major price devaluations also saw significant improvement in negative-equity rate in the fourth quarter, such as Fort Myers (-5.4), Miami (-5.1), Naples (-4.5) and Tampa-St. Petersburg (-1.4).

On the other hand, Zillow’s study found historically high rates of negative equity continuing to prevail in key cities. In Las Vegas, for example, 81.3 percent of homeowners — 256,000 households — were underwater on their mortgages in the fourth quarter. This number is down from 82.5 percent in early 2009, but that’s no consolation to the affected borrowers.

In Phoenix, 61.5 percent of borrowers were in negative territory. That’s two percentage points lower than in the previous quarter but still scarily high.

Which major markets have the lowest underwater rates? As you might guess, they tend to be areas where the equity boom never quite boomed and where toxic mortgages and fog-the-mirror underwriting by lenders were never the rage: Tulsa, Okla. (4.2 percent); Harrisburg, Pa. (5.7 percent); Binghamton, N.Y. (5.6 percent); and Peoria, Ill. (8 percent).

Negative-equity rates are crucial barometers of local housing markets’ propensity to experience high rates of mortgage default, foreclosure and strategic walkaways. Communities with single-digit negative-equity rates tend to have fewer walkaways and foreclosures.

The reverse is the case in areas where large numbers of underwater homeowners see no economic rationale for continuing to send in their monthly mortgage payments on properties worth tens of thousands, even hundreds of thousands, of dollars less than the principal balance owed to the bank. They feel they are throwing away money on real estate that might take a decade or more to be worth what they paid for it during the boom.

Mortgage market analyst Laurie Goodman, senior managing director of Amherst Securities, recently warned lenders to be especially vigilant about borrowers in markets where negative-equity ratios are high because, in her view, they are prime candidates to walk away from their loans. Once underwater borrowers miss a payment on their mortgage, Goodman said, there is a 75 to 80 percent probability they will chuck the whole deal.

Borrowers with even minimal positive equity, on the other hand, are far less likely to do the same.


Feb 14 2010

With storm over, owners check in on vacation homes

Ian Lazarus

By MARTIN DeANGELIS Press of AC Staff Writer | Posted: Sunday, February 14, 2010 |

Mark Smith, 51, of Pipe Creek, Del., stands by his Third Avenue home Saturday in Wildwood. Smith called off a skiing vacation to check on the home.

Mark Smith had a family ski trip planned to upstate New York for Presidents Day weekend, but when neighbors of his North Wildwood beach house warned him that the recent run of snowstorms left his street with no electricity for most of last week, Smith knew he had to pick the shore over the mountains.

“I said, ‘It’s been seven days. I’m too nervous — I have to go check,’” said Smith, 51, who made the two-hour drive Saturday morning with his wife, Eileen, from their home in Pine Creek, Del., near Newark.

And even though he came expecting bad news — water pipes frozen, broken and mangling the rest of the 100-year-old house — about the worst thing he found was a chill inside and too much snow outside to let him pull his pickup truck all the way off Third Avenue.

The Smiths were hardly the only people to make that long, snowy drive to their shore houses Saturday. In some beach towns, there were actually more out-of-state cars on the streets than New Jersey vehicles. By the middle of Saturday afternoon in Avalon, one block of Ocean Drive had seven cars and trucks with Pennsylvania license plates — and not one with New Jersey plates.

The magnet for most of those people was media reports or word from neighbors that Cape May County was hit hard by last weekend’s snowstorm, and the one that followed it Wednesday. At its height last Saturday, tens of thousands of Atlantic City Electric customers were without power, and sections of the Wildwoods had no elecricity for most of the week.

By Saturday evening, the company reported that just about 50 customers in the Wildwoods were still without power, and there were scattered, small outages across Cape May County and the Hammonton area — all fewer than five customers.

Bill Davenport, Wildwood’s emergency-management coordinator, said that despite a lack of electricity knocking out heat in many homes, he has not heard much about pipes bursting. For that, he thanked overnight-low temperatures that stayed relatively mild for much of last week — at least until late in the week, when most people had their electricity and heat back.

Robin and Dennis Enoch did not need to take a long drive to see snow — they had plenty of it at their main home in Cherry Hill, Camden County. A combined 41 inches of snow kept them from Wildwood until Saturday to check on the condo they like to visit all year, even though Robin, 58, was frantic to get there after she heard the power was out.

“We had to come down, and we were just praying all the way down,” she said, sitting in the Key West Cafe on Pacific Avenue, around the corner from their condo — which also turned out to be just chilly, and not damaged.

The Enochs and their Wildwood buddy, Ready Juliff, of Warminster, Pa., were happy to see their favorite neighborhood restaurant back in business after being closed by the power failure for most of the week. But Key West Cafe owners Steve and Jackie Mikulski said they did not escape unharmed. Steve estimates they had to throw out $3,700 worth of spoiled food.

Still, they managed to keep their sense of humor. Jackie Mikulski laughed as she told the story of another Wildwood neighbor laughing at the Mikulskis when he saw them moving into Wildwood two years ago — and unpacking a snowblower they brought down from their old place in Burlington County.

“He said, ‘You’ll never need that here,’” she said — just a little while before the guy was asking to borrow the snowblower, which Steve Mikulski has since used several times to clear out sidewalks around their block of Pacific Avenue.

One island away, in Stone Harbor, Jamie Diller, of Diller-Fisher Realtors, noticed plenty of cars heading into town Saturday morning as he went to work, more than normal even for a long holiday weekend that usually draws some visitors to the shore.

He knows lots of those people were checking on their homes because so many of them had been calling his office all week to ask about houses. And people who could not visit were still calling Saturday. Just that morning, saleswoman Patti DiMarco heard from five customers as far away as Florida, New Hampshire and western Pennsylvania, asking if their houses were safe.

And because the office had no electricity for much of last week, the agents knew they were not getting lots of e-mails and voice mails from frantic owners. But, Diller said, he does not think some people understand from a distance how bad the storm actually was up close.

“We’ll do our best to get to your house and help you,” he said, “but we’re not even dug out ourselves yet.”

Diller said the storm also hurt business because he cannot let potential customers go check out houses they are interested in renting or buying — there’s so much snow, it’s not safe, he said.

But Casey Nuyannes still drove down from Aston, Pa., to scout out potential rental houses for next summer around Wildwood Crest. And thanks to a tip from his helpful real estate agent, he came packing some gear he does not usually need when he heads to the beach.

“She said, ‘If you’re coming down,’” Nuyannes said, “‘You better bring a snow shovel.’”


Feb 13 2010

Sea Isle chooses blacktop over boards

Ian Lazarus

Sea Isle City Blacktop Promanade

Posted by the Asbury Park Press

By Erik Larsen

The Great Atlantic Storm, a nor’easter notorious for all but leveling Long Beach Island when it barreled across the Shore in March 1962, grabbed the boardwalk and pulled it into the sea.

After that, Sea Isle City officials decided it would be more economical, assuming that future storms would come, to replace its boardwalk with a blacktop promenade that could not be pulled out to sea. It was a page right out of the playbook of the “Three Little Pigs.”

Today, this 2.5-square-mile town with its 1 1/2-mile-long promenade is changing like so many other municipalities up and down the Jersey Shore. There are still lots of shops and tourist traps, but the amusements are gone.

Police cars drive up and down the promenade, keeping guard over the peace.

This is a subdued oceanfront, lined with park benches that are dedicated to and from the ghosts of tourists past. To people like “Mom — Sandy Wright Cartledge, the Peace of the Shore,” or “She Made It To The Beach, 1935 Dee Murray 1999,” or “Pegg Horan, She Loved Sea Isle City.”

For some, the peace and quiet is about right.

“I like Sea Isle in particular. It isn’t fancy, it’s not crazy, it’s not crowded,” said Kimberly Muirrhead, 35, of Pittsburgh, Pa., who was visiting with her three children.

It’s quiet, and the only noise is the sound of the pounding surf against the beach through the trees and shrubs that have grown up between the promenade and the beachfront.

In a sense, there is no boardwalk here. But people like it because they don’t have rides and the noise, it’s more residential, the clubs and attractions have been ripped down, replaced with homes.

“This is an island that is changing to all residential,” said John Petrowsky, 69, of Cherry Hill. “It’s going to become like Spring Lake.”

The stores and shops are built into the ground floor of 10-story high-rises.

Sea Isle City is known for its bars, said Rob Tigro, 22, a resident who works in a shop under one of the high-rises that sells nautical-themed gifts and souvenirs, called Seassom’s Nautical Gifts.

“It (Sea Isle City) used to be known for its rides,” Tigro said.

But the view is immaculate, that’s what matters.
Published: February 13. 2010 4:10AM