The results of our latest poll are in and there was a clear winner for your favorite Rahway bar followed by a handful of other favorites.
Continue reading Poll results: Your favorite Rahway bar
Tag Archives: Patria
Patria, D’Orsi’s win big at The Taste of Rahway
Patria and D’Orsi’s Bakery were the big winners at The Taste of Rahway on Friday night, winning three categories each. The winners in each category were as follows (in Rahway, unless otherwise noted):
Continue reading Patria, D’Orsi’s win big at The Taste of Rahway
Poll results: Favorite restaurant in Rahway
The top three choices in our Favorite Restaurant poll grabbed more than half of the nearly 160 votes, and in the end, it was something of a nail-biter, with just three votes separating the top two choices:
Continue reading Poll results: Favorite restaurant in Rahway
Poll: What’s your favorite restaurant in Rahway?
It’s hard to believe that our last “Favorite Restaurant” poll took place more than three years ago, so why not try it again. The poll includes BYO restaurants as well as restaurants with bars, so it’s a mix of both — really anywhere there is sit-down service for more than a few tables. Base your vote on what you think is best, period, whatever that might mean to you, whether it’s food, service, etc. Feel free to share your thoughts as to why in the comments section.
You’ll have about two weeks to cast your vote so get to it. We’ll post results when they’re completed and this time we’re trying a new format for voting. Have fun!
Click here to take the survey or scoll down.
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Patria a ‘Don’t Miss,’ for New York Times
Forgive me if I’m a little late with this, but check out last week’s Sunday New York Times for a review of Patria Restaurant and Mixology Lounge.
Bond sale included $7.8M for redevelopment
It’s long overdue for some details about the city’s bond sale this past spring that I promised last month when I posted the city’s top 10 property taxpayers.
The city borrowed almost $12 million in general improvement bonds, including almost $8 million for redevelopment- and arts-related items.
Ten of the 22 items in the $11.765 million bond sale were related to redevelopment, totaling $7.78 million for redevelopment, more than half of it related to the Hamilton Street arts projects. About $783,750 was authorized in 2007, which covered architectural concept plans, planning and engineering, surveying, DEP permitting, floor plans and elevations, and demolition of the Hamilton Laundry building. Another $4.5 million was authorized last year, but only $3 million borrowed so far, for the Arts District’s amphitheater, which would cover the renovation of the Bell Building (now referred to as the Hamilton Stage), construction of the amphitheater, acquisition of arts related equipment and eventual acquisition of the Elizabethtown Gas building (Block 167, Lot 1).
A breakdown of the 10 items, some dating back to 2000, can be found in this Excel file, including the amounts authorized and bonds issued, along with a brief description. At the April bond sale, the city secured a rate just below 4.51 percent over 20 years from J.P. Morgan (UBS Financial was the other bidder, coming in at under 4.59 percent). The bonds mature annually on April, beginning in 2012 at $350,000, increasing to $450,000 in 2015, $550,000 in 2016, $560,000 in 2017 and $640,000 in 2018, before leveling out at $700,000 annually through 2030. The complete maturity schedule can be found in this Excel file.
In tomorrow’s post, we’ll take a look at what Standard & Poor’s had to say in its report on the city.
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NJ Monthly magazine’s Table Hopping with Rosie paid a visit to Patria Restaurant and Mixology Lounge. She called it “a place in NJ that should be on your must-try list.” Overall, she had quite a few good things to say, calling the garlic shrimp better than anything found in Newark, and advising not to miss some entrees (including Patria pork, and I must agree) as well as dessert.
Top 10 property taxpayers
The top 10 taxpayers in Rahway make up about a fifth of the city’s total assessed value. As part of an $11.65-million bond sale in the spring, the city put together a slew of documents on the city’s debt and tax assessments for ratings agency Standard & Poor’s.
Details of the bond sale, as they relate to redevelopment, will be included in an upcoming post. For now, here are the top 10 property taxpayers in the city (here it is an Excel file, maybe easier to read), followed by the total assessed value of their property (or properties):
Merck & Co., Inc. — $249,669,700Carriage City Properties, LLC — $27,128,400Park Terrace at Rahway, LLC — $6,684,500Giacobbe Investments Corp. — $5,762,400Alard Realty Enterprises — $5,477,900Renaissance at Rahway, LLC — $5,362,800Woodbridge Plaza, LLC — $4,329,500Rahway Industrial Site — $4,296,900Ninette Group — $3,659,600New Jersey Bell — $3,576,279TOTAL — $315,947,979
In some cases, like Merck and Giacobbe Investments Corp., the total figure includes multiple parcels, while for others, it’s just one property, like Renaissance, Park Terrace and Woodbridge Plaza.
“The city’s tax base has experienced, what we consider, limited, but stable, growth; it increased by just 2.1 percent since fiscal 2007 to $1.55 billion in fiscal 2010,” according to the S&P report. It considered the city’s per-capita market value of $134,775 “extremely strong.” Officials expect a tax base reduction for the subsequent year, according to the report. While the tax base is diverse with the 10 leading taxpayers accounting for 21.2 percent of assessed valuation (AV), Merck alone accounted for 17 percent of AV in fiscal 2010. Total assessed valuation is $1,486,291,000 in 2011, down 3.8 percent from $1,545,974,600 in 2010, according to the report.
Primarily due to a tax appeal by Merck (the first in more than 20 years) and to a lesser extent the economic downturn, the tax base will likely decline by 4 percent to $1.49 billion in fiscal 2011, according to the report. The city has settled the tax appeal and will repay about $1.6 million over the next three years.
There are a few more interesting (at least to me) statistics within the documents, as well as details of the bond sale, that I’ll post soon.
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ABC 7 News‘ Neighborhood Eats paid a visit to Rahway recently, checking out Patria Restaurant and Mixology Lounge on West Main Street. A 2:41 report on the new eatery aired Friday, featuring a tilapia dish.
‘Party place’ Patria gets two stars
Patria Restaurant and Mixology Lounge received a fairly positive review from The Star-Ledger/nj.com earlier this month. It was described as “fun and savvy, a smart, stylish mix of urban culture, food and music.”The review gave kudos for some “exciting concepts” as far as the menu — watermelon mojitos and crab cake sliders — and big thumbs up to the desserts, but “for the most part our dinner seemed like a gentrified version of Latin cuisine. It was fine enough, but not as fiery and exciting as the place itself.”