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					Page        2             Thursday, July 24, 2008                                    The Westfield Leader and The Scotch Plains – Fanwood TIMES                                                                         A WATCHUNG COMMUNICATIONS, INC. PUBLICATION

                                                                                                                                                                                               Cranford at Standstill with
                                                                                                                                                                                                Township’s Master Plan
                                                                                                                                                                                                By CHRISTINA M. HINKE                             amount per spot that would have been
                                                                                                                                                                                               Specially Written for The Westfield Leader
                                                                                                                                                                                                                                                  assigned.
                                                                                                                                                                                             CRANFORD – After 30 years, the                          Mr. Puhak said in the long-run
                                                                                                                                                                                          Cranford Planning Board has decided                     that the “township is on the hook to
                                                                                                                                                                                          to rewrite the township’s master plan,                  provide parking.” He said the park-
                                                                                                                                                                                          and the process is moving slowly.                       ing deck by Cranford Crossing costs
                                                                                                                                                                                             Paul Ricci of T&M Associates, the                    the township $55,000 per space fully
                                                                                                                                                                                          planning consultant for Cranford (and                   amortized for 311 spaces. He said a
                                                                                                                                                                                          also Fanwood), began working with                       “higher aspect of our (this year’s
                                                                                                                                                                                          the township on the plan about one                      township) budget was debt and a
                                                                                                                                                                                          year-and-a-half ago he said. Last                       huge aspect of it was the parking
                                                                                                                                                                                          Wednesday, the board met again and                      deck.”
                                                                                                                                                                                          only discussed the first item on its                       “Payment in lieu of parking is a
                                                                                                                                                                                          multi-page agenda, which was not                        fraction of the cost you’ll (the town-
                                                                                                                                                                                          available to the press.                                 ship) ultimately be on the hook for,”
                                                                                                                                                                                             During the meeting, members of                       he said.
                                                                                                                                                                                          the board mainly voiced concerns of                        So far the planner has rezoned
                                                                                                                                                                                          language in the document, parking,                      areas in the township map. Most of
                                                                                                                                                                                          sewerage infrastructure in new de-                      the downtown was streamlined from
                                                                                                                                                                                          velopment, residential development                      a variety of six to eight districts to
                                                                                                                                                                                          in the downtown and how it affects                      two, according to board member
                                                                                                                                                                                          affordable housing requirements.                        Kevin Illing. He said previously the
                                                                                                                                             Katherine Vowell for The Westfield Leader       Board Member Rita LaBrutto ques-                     business owners were confused as
THE INTERNS STOCK UP…Clockwise, from left to right: The Leader/Times interns’ birds-eye view of the NYSE from the gallery, the five interns flash a smile outside                         tioned the language in the plan that                    to their rights of what they could do
the Exchange on Wall Street (left to right: Amanda Simmons, Martin Sweeney, Marisa Stotter, KatherineVowell and Beth Budnick.), Broadcast Services Coordinator                            states, “encourages residential growth                  on their property. Because there
Marlon Laing explains the inner-workings of NYSE communications to the group.
                                                                                                                                                                                          in the downtown.” She said she wants                    were too many districts with vary-
                                                                                                                                                                                          to maintain a small-town character.                     ing zoning laws, a store across the
                 An Inside Look into the New York Stock Exchange                                                                                                                          She thought the word “encourages”
                                                                                                                                                                                          was too strong, and that emphasizing,
                                                                                                                                                                                                                                                  street would have different regula-
                                                                                                                                                                                                                                                  tions.
 By AMANDA SIMMONS & MARISA                       Sloan, Vice President of Global Secu-     the brokers and specialists on the floor   awaiting the train to Newark Penn                  “encouraging residential growth”                           It was also noted that the plan may
          STOTTER                                 rity Division at NYSE Euronext, ad-       began to work. The numbers flashing        Station. After our subsequent ride on              would discourage office and com-                        include an overlay district that would
     Specially Written for The Westfield Leader
                                                  vised us to take cover and not be         on the giant screen on the wall changed    the PATH, we approached Wall Street.               mercial space. “I think you would                       inhibit “strip-mall style develop-
   Editor’s Note: Interns from The                offended if we were knocked out of        instantaneously as stock’s points went     Outside the famous NYSE building,                  want to encourage [offices to main-                     ments” and “encourage better design”
Westfield Leader and The Scotch                   our way as the clock neared 9:30 a.m.,    up and down.                               we were greeted by Mr. Sloan.                      tain a small-town character].”                          along South and North Avenue.
Plains Fanwood Times visited the New              when the Opening Bell would strike.          We headed up to the gallery, a long         After escorting us through metal                  “If you say no residential, all com-                    Earlier in the meeting, the board
York Stock Exchange on Wednesday,                    Mr. Sloan and Mr.                                     balcony overlooking the     detectors and security personnel, Mr.              mercial, you are going to run into a                    briefly discussed infrastructure rules
July 16. The Leader/Times thanks Mr.              Kay explained that the                                   trading floor. From         Sloan brought us to a restaurant in the            parking deck situation again, which                     for new development. Township En-
Tom Sloan and Mr. Tom Kay of Westfield            NYSE mandated all                                        there, we were able to      NYSE for breakfast, where he intro-                no one wants,” board member Bob                         gineer Rick Marsden said the
for the arrangements.                             trades be conducted                                      take pictures and shoot     duced us to Mr. Kay, who detailed the              D’Ambola said.                                          Riverfront developers built a new
   It must have been an odd sight: five           between 9:30 a.m. and                                    footage of the brokers at   procedures of the NYSE to us. Mr.                     Ms. LaBrutto also had concerns                       double-flume cyphen for sewerage
students clutching notepads and hud-              4:00 p.m. Each day, the                                  work—on the floor we        Sloan added that the NYSE has re-                  with the possibility of the 2.2-acre                    “that will help maintenance greatly.”
dling in a tight circle in the middle of          NYSE rings the bell at                                   had been strictly pro-      cently begun to expand itself globally             shopping complex, where Drug Fair                       Cranford Crossing did not build any
the trading floor at the New York Stock           these times to signify                                   hibited from doing so.      after merging with Euronext.                       resides, which now is part of the core                  new sewerage infrastructure, accord-
Exchange (NYSE). But there we were                the opening and clos-                                       On both ends of the          Communications in the NYSE                     downtown zone, having the legal                         ing to the board, and they want to
at 9:15am, shortly before the                     ing of the trading floor.                                gallery, we saw two live        Beyond the floor of the NYSE it-               ability to “turn over to be like                        address this problem with any new
Exchange’s famous Opening Bell.                   The giant screen near                                    business segments of        self, there is a world of technology and           Cranford Crossing or Riverfront”                        development.
Deep in the belly of the large trading            the podium, complete                                     morning news shows          communications coordinated by a large              where a number of residential prop-                        By the end of the meeting, nothing
floor, we were surrounded by kiosks               with a ticker tape, dis-                                 filming. Irish media was    staff of broadcast directors and media             erty could build on top of the com-                     was decided upon.
of computer monitors, phones and                  played the opening quotes for the morn-   photographing and taking notes on the      specialists. The NYSE has its own TV               plex.
screens that filled the entire space.             ing and the exact time.                   event. By the elevators, we overheard      production center located in the build-               About 10 years ago, the township                     Mountainside’s Whytes
   Brokers on the floor flitted about                With about four minutes to go be-      a live broadcast of Bloomberg Radio,       ing that is the “brain” of all communi-            decided that some of the 3.5 acres of
wearing special jackets to indicate their         fore the bell ringing, Brian Cowen, the   which had a small sound-station in the     cation efforts. According to Marlon                property located at South Avenue and                    Named Parents of Year
companies. One such broker was Tom                Prime Minister of Ireland, and the        corridor. The noise and activity of the    Laing, broadcast services coordinator              Chestnut Street, along the Rahway                          MOUNTAINSIDE – Gary and
Kay—a floor governor for JP Morgan,               CEO of the NYSE, Duncan                   trading floor downstairs was still au-     for the Exchange, NYSE’s broadcast                 River, needed redevelopment and is                      Debra Whyte of Mountainside have
Westfield resident, and one of our hosts          Niederauer, appeared behind the po-       dible; Mr. Sloan said the floor would      center controls 16 cameras on the floor.           known as the Riverfront Redevelop-                      been selected as the “Parents of the
at the NYSE.                                      dium. More and more business people       continue to operate this way until 4:00    These cameras are licensed to inde-                ment Area.                                              Year” in New Jersey for 2008.
   Busy on their phones, computers                flowed onto the trading floor. Soon,      p.m., when it would close for the day.     pendent broadcasting networks around                  Mayor Robert Puhak reminded Ms.                         National Parents Day, celebrated
and hand-held devices, these brokers              clapping began in anticipation of the           Getting the Inside Scoop             the globe for their use. During our                LaBrutto that the “Riverfront density                   on July 27, was established in Octo-
were rushing to prepare the trades they           bell. Once it sounded, the floor broke       Our day had begun some three hours      visit, for example, directors were co-             is half or less than Cranford Cross-                    ber 1994, and The New Jersey Par-
would make once the day’s business                out into activity. Both handheld and      earlier, when we stood at 6:40 a.m. at     ordinating a live feed from a German               ing.”                                                   ents Foundation (NJPF) has been rec-
commenced. Our other host, Tom                    landline phones erupted into rings as     the Westfield rail station platform,       reporter on the floor to send to Europe.              “I don’t want to see it look like                    ognizing outstanding parents since
                                                                                                                                       The broadcast directors manage up to               Rahway. I don’t’ want to see the whole                  its foundation in 1996.
                                                                                                                                       250 broadcasts from the NYSE per                   town as Cranford Crossings,” Mr.                           Each year, the NJPF honors more
                                                                                                                                       day.                                               D’Ambola said. “We are limiting the                     than 100 eligible couples in the state
                                                                                                                                           In addition to the broadcast center,           growth to three stories, it’s going to                  of New Jersey for their commitment
                                                                                                                                       the media department of the NYSE                   come at its own pace.”                                  to parenting.
                                                                                                                                       contains a virtual studio covered com-                The master plan now states and the                      Joseph Coyne, President of the
                                                                                                                                       pletely with “green screen.” This tech-            board previously agreed that the maxi-                  NJPF said, “Each year, our Parents of
                                                                                                                                       nology allows reporters to appear as               mum height in the downtown for resi-                    the Year Award Ceremonies through-
                                                                                                                                       if they are broadcasting from the floor            dential is three stories.                               out New Jersey seek to recognize the
                                                                                                                                       of the NYSE or almost any other                       Mr. Puhak later said he wanted to                    investment and commitment of par-
                                                                                                                                       image, from a standard news studio                 include aggregate amounts of smaller                    ents working together as a team in
                                                                                                                                       to a cityscape. When we visited the                development.                                            contributing to the wellbeing of their
                                                                                                                                       studio, the media technicians were                    Also, some board members were                        children and the stability of our com-
                                                                                                                                       preparing for a broadcast that was to              concerned with the idea of “payment                     munities.”
                                       HOW DO YOU GET THE SLEEP YOU DESERVE?                                                           be sent to India.                                  in lieu of parking,” where a developer                     The winners were announced on
                                                                                                                                                                                                                                                  July 18. Mr. and Mrs. Whyte have
                                                                                                                                           Beth Budnick also contributed to               who does not want to provide parking
                                                                                                                                       reporting.                                         could pay the township an agreed                        been married for 21 years.




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                                                                                                                                                                                                M ARIO C. G URRIERI , E SQ .
                                                                                                                                                                                                                    Chair of the Family Law Department of
                                                                                                                                                                                                                         DUGHI & HEWIT
                                                                                                                                                                                                                  340 North Avenue               Cranford, New Jersey 07016

                                                                                                                                                                                                                              DIVORCE QUESTIONS?
                                                                                                                                                                                                                              Specializing in all aspects of Family Law
                                                                                                                                                                                                                              including divorce, custody, visitation, alimony,
                                                                                                                                                                                                                              child support, division of assets, palimony,
                                                                                                                                                                                                                              premarital agreements, civil unions, restraining
                                                                                                                                                                                                                              orders, post-divorce motions due to changed
                                                                                                                                                                                                                              financial circumstances, residence removal
                                                                                                                                                                                                                              from New Jersey, visitation modifications
                                                                                                                                                                                                                              and transfers of custody.

                                                                                                                                                                                                                                  Over 35 years of continuous practice in Family Law
                                                                                                                                                                                                                                  Union County Early Settlement Arbitration Panelist
                                                                                                                                                                                                                                  for over 25 years
                                                                                                                                                                                                                                  Court-appointed Standing Master & Guardian
                                                                                                                                                                                                                                  Accredited Mediator
                                                                                                                                                                                                                                  Department staffed with four additional attorneys
                                                                                                                                                                                                                                  with experience offered at lower hourly rates
                                                                                                                                                                                                                                  Formerly Senior Partner at Snevily, Ely, Williams &
                                                                                                                                                                                                                                  Gurrieri, Westfield (1972-2000)


                                                                                                                                                                                                                For More Information:
                                                                                                                                                                                                                  908-272-0200
                                                                                                                                                                                                                  www.dughihewit.com

				
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