Last Update

2006-07-14T00:00:00.000Z

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Wrong James Demetrakis?

Mr. James D. Demetrakis

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Background Information

Employment History

Principal

Arilex realty

Local Developer

Arilex realty

Municipal Attorney

Township of Rochelle Park

Web References (16 Total References)


North Jersey Media Group providing local news, sports & classifieds for Northern New Jersey!

www.heraldandnews.net [cached]

The Democrats and Republicans have been divided on whether to allow another developer, James Demetrakis of Arilex Realty, to build the complex as well as up to 142 residential units on an abandoned industrial site.

The Republicans wanted to allow Demetrakis to build the complex and the residential units.
Democrats on the council wanted the borough to buy the property, the former site of the Sequa industrial building, and preserve some of the land around the complex as open space.
After the second deadlock vote on the plan during a March 21 public meeting, Democratic Councilman George Perry said that he opposed any residential units on the five-acre property.


NorthJersey.com - Herald News: Local

www.heraldandnews.net [cached]

James Demetrakis, a principal for Arilex, attempted to sell his proposal and its apartments to the commission by saying too much retail would drive out local businesses like Vargas'.

Vargas disputes that, saying her specialty products from Peru, Puerto Rico and the Dominican Republic are unique in her part of town.But the pollutants must go, she said.
Reach Chris Gale at (973) 569-7132 or gale@northjersey.com.
6119261


North Jersey Media Group providing local news, sports & classifieds for Northern New Jersey!

www.bergen.com [cached]

Local developer James Demetrakis of Arilex Realty told the gathering that the new public safety complex would be located in a building formerly operated by the Sequa Corp.

According to preliminary designs, it would house 50,000 square feet of space for the police and fire departments and Emergency Management Services.
The property would include 62 market-rate town houses, 40 affordable housing rental units for seniors, and 40 other residential units.
Demetrakis said he purchased the Sequa property for "upward of $8 million" and was willing to redevelop the site over 10 months at a cost of $9.25 million for the public-safety complex.
...
Demetrakis replied that two-thirds of the building would be devoted to a new police station and that, except for a shared gymnasium, the facilities for each department would be separate.
...
If the project was financed with a bond issue, borough officials said, the cost of acquiring the property and creating a public safety complex, without Demetrakis, could cost more than $20 million.


As an attorney and developer, James ...

www.thecenteratfortlee.com [cached]

As an attorney and developer, James Demetrakis has had a long and successful career centered principally in Bergen County, including time spent as municipal attorney for the Borough of Dumont and Township of Rochelle Park, and as counsel to the Borough of Lodi Redevelopment Authority. Subsequently, Mr. Demetrakis concentrated on all aspects of land development, from the design of commercial and residential structures to the processing of all applications for development permits.

During Mr. Demetrakis' career, he has been involved in the development of of?ces, retail and commercial centers and multi-family housing complexes, including garden apartments, townhouses, high-rise rental, and condominium projects. He has also been involved in several large redevelopment projects in Bergen County, remediating contaminated sites and constructing new and productive residential and commercial projects - notably, the redevelopment of the former Alcoa Plant in Edgewater.
Among the more notable real estate projects Mr. Demetrakis developed are: Crown Village, Grand Cove, Windsor at Mariners, Mariners Landing, Palisades Medical Building, U.S. Post Of?ce, Whole Foods, Edgewater Commons, St. Moritz, and Riverside Plaza all in Edgewater; Town Center Shopping Center in Lyndhurst; Liberty Commons Shopping Center in East Rutherford and the Mediterranean Projects in Fort Lee.


North Jersey Media Group providing local news, sports & classifieds for Northern New Jersey!

www.heraldandnews.net [cached]

In light of this, the special monitor will probably look favorably on developer James Demetrakis' proposal to build town houses on the former Sequa industrial site in the heart of the borough, because plans include 25 affordable housing units, East Rutherford Borough Attorney Pete Melchionne said Tuesday.

...
In January, Demetrakis, of Arilex Realty in Edgewater, pulled out of a $9.25 million deal with the borough to renovate a former Sequa Corp. building for a new public safety complex.
Demetrakis said Democrats and Republicans on the council could not agree on how to build the complex on the 5-acre property, which is at Paterson Avenue and Herman Street.

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