2024-11-15T14:41:07-06:00 2023-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990PF 2023-01-01 222104766 New Brunswick Development Corporation % GLEN SOFO NEWB 7322492220 120 Albany Street 7th Floor New Brunswick NJ 08901 Christopher J Paladino President 7322492220 2024-11-15 true true Shawn Gillon P01301805 7328281614 2023 2024-10-15 13:58:12Z X 964956761 X 496500 430926 430926 430926 11167141 11167141 12094567 430926 11598067 1882831 1882831 1882831 1200600 1200600 1200600 732451 732451 733221 46917 0 46917 129531 97177 0 97177 181837 294919 294919 344919 156421 156421 156421 47248 47248 424758 424758 477433 184471 184471 184471 1636017 430926 1205091 1644092 6703810 430926 6272884 6935356 0 0 6703810 430926 6272884 6935356 5390757 0 5325183 2189206 1997539 1997539 2839248 11983481 11983481 3177612 1563188 3177612 3177612 3258356 3258356 3258356 3258356 48108 84442 84442 2364078 3512 3512 399962 320128 110320 79834 79834 173575672 944371985 944371985 185948176 964956761 964956761 49174942 105777869 0 10180656 115715248 822549493 81245 81245 164971435 938589263 X 20976741 26367498 0 0 20976741 26367498 185948176 964956761 20976741 5390757 26367498 26367498 0 0 0 0 0 0 false false false false false false false true true NJ true true false false false true www.devco.org GLEN SOFO 7322492220 120 ALBANY ST 7TH FLR New Brunswick NJ 08901 false false false false true false false false false false false false false false false false false false false false false false CHRISTOPHER J PALADINO 120 Albany Street 7th Floor New Brunswick NJ 08901 PRESIDENT 0 699546 131610 0 IRA S NOVAK esq 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 GILBERT H BLITZ 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 DENNIS MARCO 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 VITO R NARDELLI 120 Albany Street 7th Floor New Brunswick NJ 08901 VICE CHAIRPERSON 0 0 0 0 WILLIAM j QUINN 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 DAVID G SCIARRA ESQ 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 GEORGE R ZOFFINGER 120 Albany Street 7th Floor New Brunswick NJ 08901 CHAIRMAN 0 0 0 0 AMY MANSUE 120 Albany Street 7th Floor New Brunswick NJ 08901 director 0 0 0 0 SERGIO IACOVITTI 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 Merissa A Buczny 120 Albany Street 7th Floor New Brunswick NJ 08901 VP/Assistant Secretary 0 458704 104098 0 Sarah F Clarke 120 Albany Street 7th Floor New Brunswick NJ 08901 EVP/Assistant Secretary 0 495537 101446 0 STANLEY M KOSIEROWSKI 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 GLEN SOFO 120 Albany Street 7th Floor New Brunswick NJ 08901 TREASURER 0 229044 60607 0 ROBERT MCCULLEY 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 185789 46104 GARRETT BLITZ 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 196255 34790 0 JEAN HOLTZ 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 131419 42038 0 NICOLE MAHON 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 103616 13921 0 ROBIN IANTOSCA 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 92740 37228 0 Deluca Advisory Services PO Box 202 HACKETTSTOWN NJ 07840 Consultants 89975 MediaCutlet 3 White Street Suite 1 RED BANK NJ 07701 Public Relations 169634 TO DEVELOP THE CITY OF NEW BRUNSWICK AND THE STATE OF NJ INCLUDING THE DEVELOPMENT OF RESIDENTIAL AND COMMERCIAL REAL ESTATE IN A MANNER BENEFICIAL TO THE COMMUNITY. 6927281 0 8807837 0 8807837 0 8807837 132118 8675719 433786 X 6935356 0 0 0 0 6935356 0 0 2021 2020 2019 0 4518776 5053987 4899210 4964671 5836628 25273272 6935356 0 6935356 32208628 0 0 0 0 4518776 27689852 5053987 4899210 4964671 5836628 6935356 X 0 0 0 0 0 0 0 0 0 0 6935356 5836628 4964671 4899210 22635865 6935356 5836628 4964671 4899210 22635865 964956761 185948176 160695032 103115654 1414715623 964956761 185948176 160695032 103115654 1414715623 0 0 0 0 NA NA X MANAGEMENT & DEV. FEES 531110 11167141 14 430926 430926 11167141 11598067 false false false false false false false false false false X X 1 ROBERT WOOD JOHNSON FOUNDATION COLLEGE ROAD AND ROUTE 1 PO BOX Princeton NJ 08543 496500 X ACCOUNTING/AUDIT FEES 97177 97177 181837 INVESTMENT IN CS II AT COST 100 100 INVESMENT IN CS III AT COST 100 100 INVESTMENT IN CS IV AT COST 100 100 INVESTMENT IN LOWER GEORGE ST AT COST 100 100 INVESTMENT IN CHILD HEALTH INS AT COST 100 100 INVEST IN STUDENT HOUSING DEVE AT COST 100 100 INVEST IN UNIVERSITY HOUSING AT COST 100 100 INVESTMENT IN TRANSIT VILLAGE AT COST 0 0 FERREN URBAN RENEWAL ASSOC. AT COST 100 100 SOMERSET ST. URBAN RENEWAL AT COST 2100 2100 UNIVERSITY DEVELOPMENT ASSOC AT COST 100 100 SOMERSET ST ASSOC. 2 AT COST 100 100 FERREN LEVERAGE LENDER AT COST 100 100 THE VUE CONDOMINIUM ASSOC AT COST 100 100 WASHINGTON ST. UNIV. HOUSING AT COST 100 100 ISLAND CAMPUS REDEV. ASSOC. AT COST 1 1 ATLANTIC AVENUE URBAN RENEWAL AT COST 1 1 CULTURAL CENTER REDEV. ASSOC. AT COST 100 100 DOWNTOWN HUB ASSOC. AT COST 10 10 LEGAL FEES 46917 46917 129531 REDEVELOPMENT COSTS 15177802 7321275 7321275 INTEREST RECEIVABLE 985200 940360 940360 OTHER ASSETS 22200 22200 22200 CAPITAL LEASE RECEIVABLE 60715248 52883035 52883035 ESCROW DEPOSITS 29429790 708880157 708880157 REDEVELOPMENT PROJECT COSTS 66145432 173224958 173224958 DEFERRED DEVELOPER FEE 1100000 1100000 1100000 ADVERTISING 803469 803469 811544 OFFICE EXPENSE 138454 138454 138454 CONFERENCES AND MEETINGS 107636 107636 107636 INSURANCE 197689 42157 155532 197689 DIRECT REDEVELOPMENT PROJECT 388769 388769 0 388769 MANAGEMENT & DEVELOPMENT FEES 11167141 11167141 SECURITY DEPOSITS 81245 81245 MIDDLESEX COUNTY IMPROVEMENT AUTHORITY 3258356 2005-04 2037-01 6. CONSULTANTS 294919 294919 344919 PAYROLL TAXES 156421 156421 156421