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Monday, dec 30
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David Placek
News
Major Redevelopment Plan For Montclair's Lackawanna Plaza Revealed
The 115-page redevelopment plan for Montclair Township's Lackawanna Plaza has been released, but township officials won't be voting on it until next month. The report was completed by developer David Placek of BDP Holdings, and was presented at the Oct. 25 council meeting. If the project gets the majority vote from mayor and council, it will go to to the township's Planning Board for review and then back to council for another vote. Lackawanna Plaza.Google Maps Five buildings for multi-family housing, a supermarket, bike path, open spaces and walkways, and ample parking/reconstructed tr…
News
NJ Landlord Waives 3 Months Rent During Pandemic
A Montclair landlord is waiving rent payments for three months to help ease his tenants' financial burdens during the coronavirus pandemic. David Placek originally waived rent for April and May and recently added June. Overall, his BDP Holdings LLC and Community Investment Partners is eating about $50,000 -- at an average of $1,200 to $1,500 a unit per month. The goal is to show tenants "some compassion and feelings for what they might be going through," Placek told ABC7. We didn't ask them what financial position they're in." The father of three "exemplifies the spirit we need to see ri…