Cohen Buys Boyer

Expansions

Crosstown Moves

Leaving Town

Out of Business

Correction

Deaths

Contracts Awarded

Corrections or additions?

These stories by Melinda Sherwood, Barbara Fox, and Teena Chandy

were published in U.S. 1 Newspaper on May 19, 1999.

All rights reserved.

New in Town: Northeast Locators

Northeast Locators, 3131 Princeton Pike, Building

4, Suite 201, Lawrenceville 08648. John Wunder, sales manager.

609-844-1141;

fax, 609-844-1147.

Northeast Locators, a Virginia-based company that sells resort

packages

at discount prices, has opened a sales office at 3131 Princeton Pike.

The company contracts a telemarketing agency to recruit potential

clients to visit this office, where 10 representatives are available

for hour-long informative sessions on the company’s "unique

concept

in travel:" travelers can purchase vacation time on resort

property

at discount prices, provided they agree to buy vacation time in

blocks.

The normal commitment is 8 to 10 vacations averaging eight days each.

John Wunder, sales manager of the Lawrenceville office, claims that

the company rents vacation property at about a quarter of the retail

price. "The tourist rate at a club might be $200 a night; our

people pay around $60 a night." Although vacations are economy,

Wunder adds that is the upscale market that drove the company to open

its office here.

Northeast Locators holds long-term leases for villas and suites in

over 5,000 resorts, condominiums and hotels worldwide. The small,

privately-held business, with roughly 25 employees, originated in

northern Virginia roughly eight years ago. A customer service office

is located in south Jersey, and the reservation center is still in

Virginia.

NAIK Consultants, 666 Plainsboro Road, Suite 210,

Plainsboro 08536. Sanjay Naik PE, president. 609-275-6646; fax,

609-275-6244.

NAIK Consultants, a New York-based civil engineering firm owned by

Sanjay Naik, has a new office in Plainsboro. The firm handles

construction,

inspection, site development, and transportation projects. Current

projects include the overhaul of the Continental Airlines terminal

in Newark and JFK Airport’s light rail system. The firm recently put

in a bid for a contract with the New Jersey Department of

Transportation.

Naik, a long-time resident of Plainsboro and graduate of the New

Jersey

Institute of Technology, Class of 1986, is a licensed professional

engineer. Prior to starting NAIK Consultants two years ago, he worked

for RBA, an engineering firm in Morristown. In July, Naik will take

the vice president’s job for the American Society of Highway

Engineers.

Office Environment Inc., 34 Chambers Street,

Princeton

08542. Tom Grahm, president. 609-688-1334. Home page:

www.oefurniture.com.

Office Environment Inc., a contract office furniture dealership based

in Pennsauken, opened a showroom at 34 Chambers Street. The company

works closely with architects and designers to create atmospheres

specifically for corporate healthcare, hospital, and educational

offices.

The company was founded in 1983 by Tom Grahm.

Progressive Personnel Resources Inc. , 125 Village

Boulevard, Suite 230, Princeton 08540. Lance Rosenberg, staffing

consultant.

609-243-9000; fax, 609-243-0557.

A new employment agency, Progressive Personnel Resources Inc., has

moved into Princeton Forrestal Village.

Top Of Page
Cohen Buys Boyer

Last year Tom Boyer sold the sales and leasing side

of his real estate brokerage business to Coldwell Banker, and now

he has sold his property management business to Howard Cohen. Cohen,

meanwhile, has moved Howco Management Company from a home-based office

to Gordon Avenue in Lawrenceville.

Six people — Boyer, Cohen, and four Howco employees — will

be managing more than 50 properties. "Our merger will help give

the clients more services," says Cohen. "We are having rapid

growth as a property management firm, and we will be one of the

largest

property management firms in the area for commercial, industrial,

and residential properties."

Boyer expects to phase out of the business over a two-year period.

"Although it’s a merger, the intended result is for a complete

transfer to Howard, which will be a gradual one," says Boyer.

"During the two-year period I will remain active and will keep

the Witherspoon Street office open, but most of the administration

will be handled from the Lawrenceville office."

Boyer was a physics major at LaSalle, Class of 1956, and worked at

RCA, Schlumberger, and Burroughs before opening his real estate

agency.

"Tom is a long-time player on the Princeton scene," says

Cohen,

"and he takes great pride with what he does." Cohen studied

business administration at University of Hartford, Class of 1984,

and his wife, Janet, also works in the business. They have three

children

and live in Yardley.

Though national franchises have gobbled up many single-owner real

estate agencies, the property management side of the business remains

in the domain of the small broker. "Unlike in real estate sales,

a lot of property management is relationships and getting the physical

work and bookkeeping done," says Cohen. "Local managers can

usually get work done faster and less expensively."

Says Cohen: "When we use contractors we look for what I call

diamonds

in the rough — people who give excellent service but are mom and

pop operations. Their prices are better, their services are better,

and they are not hiring minimum wage employees." The downside

of hiring the small contractors: "They are not business people.

You have to remind them a zillion times."

Property Management Services, 145 Nassau Street,

Princeton 08542. Tom Boyer, owner. 609-921-1806; fax, 609-921-1432.

Howco Management Company LLC, 7 Gordon Avenue,

Lawrenceville 08648. Howard Cohen, president. 609-896-0505; fax,

609-896-0437.

Top Of Page
Expansions

Spec Dies Inc., 92 North Main Street, Building

1B, Box 33, Windsor 08561-0573. John Nagy, owner. 609-443-9200; fax,

609-443-9230.

Spec Dies, originally a manufacturer of steel-cut dies, is expanding

to include manufacture of steel printing plates. The company moved

from 45 Stouts Lane in Monmouth Junction to North Main Street in

Windsor.

The expansion, says owner John Nagy, will allow the company to do

business with existing clients as well as new clients. Seven new

employees

have already been added to the company and Nagy expects production

to triple in the next year. The new printing equipment is currently

under the same roof as existing equipment, but Nagy hopes to acquire

the space adjacent to the building this summer.

Weidel Realtors, 746 Livingston, North Brunswick

08902. Doug Deeter, manager. 732-249-9100; fax, 732-249-9504.

Feller, Feist & Crawford, a real estate firm founded in 1930, has

joined the Pennington-based Richard A. Weidel Corporation. For 19

years it had been associated with ERA real estate. Nine languages

— including Spanish, Hindi, German, French, and Hebrew — are

spoken in this office.

Top Of Page
Crosstown Moves

Preferred Personnel, 2123 Route 33, Lexington

Square

Commons C-4, Hamilton Square 08690. Ginny Savage, co-owner.

609-689-0700;

fax, 609-689-0730. Home page:

http://www.preferredpersonnel.com.

Preferred Personnel Inc., a provider of temporary and permanent

professionals

in graphic design, desktop publishing, and web/Internet development,

has moved from 2123 Route 33 in Lexington Square Commons to 3560

Quakerbridge

Road in Mercerville. Telephone and fax remain the same.

Signature Title Services, 82 Nassau Street, Suite

25, Princeton 08542. William A. Slover, president. 609-924-2100; fax,

609-497-4597.

Formerly known as Courthouse Abstract Company, this title search firm

has moved from 47 Hulfish Street. Fax and phone numbers remain the

same.

Top Of Page
Leaving Town

Deluxe Electronic Payment Systems, 3705

Quakerbridge

Road, Suite 115, Mercerville 08619. Nicholas DeStefano, office

manager.

609-514-4777; fax, 609-584-9697.

Deluxe Electronic Payment Systems is closing its office at the end

of May, when its five-year contract with the state of New Jersey

expires.

it was the field office for a Milwaukee-based food stamp machines

provider.

Allstate, 168 Franklin Corner Road, Lawrenceville

08648. Tony Esposito, claim representative.

The Allstate Insurance claims office has left 168 Franklin Corner

Road. The phone has been disconnected.

Kellogg Company (K), 206 Rockingham Row, Princeton

Forrestal Village, Princeton 08540. Jim Scott, vice president.

609-419-8760;

fax, 609-419-8777. Home page: http://www.kellogs.com.

In the process of downsizing, the Kellogg Company, the world’s leading

producer of cereal products, will shut down its east coast sales

office

in Forrestal Village. The company is headquartered in Battle Creek,

Michigan. A spokesperson for the company says that the office will

close during the week of May 24, but the sales force will continue

to work from their home offices.

Top Of Page
Out of Business

Princeton Station Garage, 11 Washington Road,

Princeton

Junction 08550.

After 3 1/2 years at this location Shimon Farhan has closed his

garage.

The phone has been disconnected and no number is listed in directory

assistance.

Bootstraps Self-Help Homes & Communities Inc.,

86 Barbara Lee Drive, Mercerville 08619. Jay Tyson, executive

director.

609-586-6400; fax, 609-586-1543.

The non-profit organization founded by Jay Tyson is winding down its

operations. Founded in 1992, it had created Walden Woods, a

build-it-yourself

affordable housing development on Bear Brook Road, but made the

decision

not to pursue additional sites last August, says Tyson.

Bootstraps completed construction on 10 houses at Walden Woods last

year. The six houses under construction will be completed by

contractors,

says Tyson. "The decision was made by the funders, the U.S.

Department

of Agriculture Office of Rural Development, because the homeowners

were not able to meet their deadlines."

However Bootstraps will continue to supervise the work on a voluntary

basis, says Tyson. "We are not leaving the owners high and dry.

The construction will continue on a different form than what was

originally

envisioned." The original plan was to make affordable housing

using low-interest mortgage loans and by training homeowners in home

construction and having them build their own homes.

The Professional Job Roster, 842 State Road, Suite

A-3, Princeton 08540-7716. Margaret Bolton & Anne Corey, co-president.

609-921-9561; fax, 609-921-9572.

After 30 years, the Professional Job Roster has closed. At its

founding,

the Professional Roster was geared to finding jobs for wives of

University

faculty members. Then it was open to all, serving the wider community

— indeed, to anyone who paid the modest annual dues. It provided

members with resources for the job search and employers with access

to qualified candidates. But it was a victim of rising costs, a

changing

employment scene, and lack of volunteers. "Employers increasingly

advertise vacancies on the Internet; jobseekers also search on-line

for opportunities so memberships are declining, and volunteers are

increasingly hard to find," said a letter to members from the

board.

Top Of Page
Correction

The 9.5 acre property being marketed by Hallbridge Real Estate Group

is located at the intersection on Canal Pointe and Carnegie Center

Boulevards. Contrary to what was reported in U.S. 1 on April 7, it

does not front on Route 1. This part of Carnegie Center West, named

Carnegie Center 902, is zoned for a 140,000 square foot office

building

and has not gone for site plan approval.

Meanwhile Boston Properties, represented by Micky Landis, did receive

site plan approvals on April 20 for Carnegie 901, the nine-acre site

fronting on Route 1 between Macaroni Grill and Carnegie Center

Boulevard.

It is zoned for 140,000-square feet.

Top Of Page
Deaths

James Edmund Blake, 74, on May 12. He had been director

of communications and registrar at the Lawrenceville School.

Theodore Edward Myers, 46, on May 14. He was chief

microbiologist

and associate director at Bristol-Myers Squibb in New Brunswick.

Top Of Page
Contracts Awarded


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