5008 Ventnor Ave

[TruthSeeker]

I see 5008 Ventnor Ave is listed on the agenda for tomorrow nights comissioners workshop.
Is anybody up to speed on what is going on with the property??

VentnorMod Note: The Forums have a post where someone asked, and someone else sent a photo.

http://www.ventnorevoice.com/bulleti...ead.php?t=1317

[OPRA Reporter]

An appraisal of the property was ordered several months ago. The owner of the other buildings in the block was in talks with the Mayor last summer and he was told he would not be given the city-owned building as a gift, as had been proposed by the prior Mayor and Commission. With barricades now erected, it might be possible that the sale of the property will be finalized and demolition might occur after the sale.

[OPRA Reporter]

Link to the agenda for the Workshop.

http://www.ventnorcity.org/uploads/A...02-12-09ws.pdf

[VentnorMod]

http://www.pressofatlanticcity.com/n...tml?mode=story

Ventnor demolition may not yield condos
By MARTIN DeANGELIS, Staff Writer, 609-272-7237

A demolition crew knocks down houses Friday between two apartment buildings on Ventnor Avenue. City officials say they are unsure of the property owner's plans for the site.



Crews were busy this week knocking down two attached houses on a Ventnor Avenue block where the city approved a 24-unit condominium project last year, but it was unclear Friday if the demolition brings the condos any closer to reality.

Ventnor Mayor Theresa Kelly said the torn-down houses included one at 5008 Ventnor Ave. that the city sold last month to Mark Alsentzer, the proposed project's developer.

One condition of the $205,000 sale, she said, was that the buyer would quickly demolish that home and its twin at 5010 Ventnor Ave. because they were in such bad shape. But Kelly added that the deal also gave Alsentzer a year to either "refurbish or knock down" his other properties on the block between Nashville and Oakland avenues - another pair of attached houses and two apartment buildings at each intersection, on the south side of Ventnor Avenue.

Kelly said she is unsure what the owner's plans are now, but he has talked about trying to rehabilitate the buildings, which are part of the city's former redevelopment zone. Alsentzer could not be reached for comment Friday, and there was no response to a message left at his Ventnor office.

The city's Planning Board approved his proposed condo project - with glowing praise from board members and city residents - in January 2008. The developers estimated at the time that the 24 condos would sell for $400,000 to $500,000 apiece, but that was before the worst of the crash in the national real estate market. The mayor said that even if the old city-owned house is gone - more than five years after former Mayor Tim Kreischer's administration bought it in 2004 as part of its redevelopment plans - the government is at least back to collecting taxes on the land.

"I'm glad to finally have that 5008 Ventnor back on the tax rolls," Kelly said.

[NoMoreNewbies]

One condition of the $205,000 sale, she said, was that the buyer would quickly demolish that home and its twin at 5010 Ventnor Ave. because they were in such bad shape.

"I'm glad to finally have that 5008 Ventnor back on the tax rolls," Kelly said.

Ventnor has left the building. The building has left Ventnor.

[JustaPirate]

I sent you some more pictures of that work.

ADMIN Note:

Thanks. The photos will be pulled up after we get them loaded to our account.

Photos uploaded.