New in Town

Expansions

Crosstown Moves

Leaving Town

Deaths

Corrections or additions?

Published in U.S. 1 Newspaper on July 12, 2000. All rights

reserved.

Rooms at the Inn

E-mail: BarbaraFox@princetoninfo.com

Of the nearly 20 hotels that are planned, under

construction,

or already built in the Princeton area, three are in the news. The

Holiday Inn on Route 1 South has been sold, the hotel at the Palladium

on Meadow Road is running into delays with its municipal approvals,

and a new hotel is being contemplated for Scotch Road near Trenton

Mercer Airport, to be built by Woodbridge-based American Properties.

Prime Hospitality Corp. has sold the Holiday Inn for $18.2 million

to Dallas-based Remington Hotel Corp. Remington is privately owned

by members of the Bennett family. Prime Hospitality also owns

AmeriSuites

on Route 1 south near MarketFair and says it wanted to invest in its

own brands rather than in a Holiday Inn brand. Prime owns or operates

25 hotels in New Jersey and more than 200 in the United States and

the U.S. Virgin Islands. The Holiday Inn is a full service hotel with

240 rooms, restaurant, lounge, conference, and banquet facilities

for 300 to 500 people.

On the Palladium: West Windsor’s planning board will meet Wednesday,

July 19, to vote on plans for the 750,000 square foot hotel and office

complex planned for Route 1 and Meadow Road, across from MarketFair.

The project involves three five-story office buildings and a

four-story

hotel and will be divided by the future Meadow Road overpass.

Sam Surtees, director of community development, has voiced the

township’s

concerns over stormwater runoff and affordable housing payments. The

developer is challenging the affordable housing fees, and the township

has some worries about stormwater runoff into Little Bear Brook that

could cause flooding.

American Properties has had "only conceptual" talks about

a hotel with Ewing Township, says Greg Caiola, the economic

development

officer. This developer — headed by Randy Csik and represented

by Princeton-based Michael Wilburn — does residential, office,

and commercial projects. Through affiliate companies it owns the

Woodbridge

Sheraton and the Edison Clarion, and it also plans a Hilton Garden

at Raritan Center.

Its more immediate project is 108 condominium units, costing about

$130,000 for 1,300 square feet, in three-story buildings to be

clustered

along Scotch Road. The developers would buy 12 acres of an undeveloped

portion of the First Presbyterian Church’s cemetery property, and

the church would use those proceeds to build a mausoleum.

Top Of Page
New in Town

Sharp Designs, 50 Florence Street, Hamilton 080610.

Stephanie Sharp, founder. 609-392-8724; fax, 609-392-8725. Home

page: www.sharpdes.com.

Stephanie Sharp has moved her graphic design studio from Marietta,

Georgia, to Hamilton. The nine-year-old business creates and

implements

strategic design for corporate identity and marketing communications.

"With today’s technology it’s extremely easy to interact with

clients in other regions," says Sharp (West Texas State, Class

of 1984), who intends to keep her Georgia clients. Sharp Designs

should

not be confused with Sharp Design, a Robbinsville-based engineering

firm focused on the pharmaceutical industry.

Top Of Page
Expansions

Proquest Investments, 600 Alexander Park, Suite

204, Princeton 08540. Pasquale DeAngelis, chief financial officer.

609-919-3560; fax, 609-919-3570. Home page:

www.proquestinvestments.com.

Jeremy Goldberg and Jay Moorin are partners in this venture capital

firm that focuses on cancer research. The firm moved from Palmer

Square

and has a new phone and fax.

Commerce Bank, 3470 Quakerbridge Road, Mercerville

08619. 609-689-9115. www.commerceonline.com.

Jill R. Nowak, 33, will be the assistant vice president and branch

manager of Commerce Bank’s new Quakerbridge office, situated in a

new two-story building in Mercerville. The facility, which will serve

as the bank’s regional headquarters, will have a grand opening on

Saturday, August 12.

Novak earned a business administration degree from Thomas Edison State

College and most recently was vice president and market manager at

Summit Bank’s Mercerville office. Commerce Bank is based in Cherry

Hill.

Top Of Page
Crosstown Moves

Cantella & Co. Inc., 221 Commons Way, Montgomery

Commons, Princeton 08540. Russell Conrad, partner. 609-252-9000; fax,

609-252-9166.

These stockbrokers moved from Research Park to Montgomery Commons.

Hopewell Valley News, 52 East Broad Street,

Hopewell

08525. Ruth Luse, managing editor, Hopewell Valley News. 609-466-1190;

fax, 609-466-2123.

Three Packet Publication papers moved from Pennytown Shopping Center

to East Broad Street in Hopewell. Tom Furman is the editor of the

Lawrence Ledger and May Rhine edits the Lambertville Beacon.

Top Of Page
Leaving Town

Olde Discount Stockbrokers, 14 Nassau Street,

Princeton

08542. 609-921-0220; fax, 609-921-3530. Home page:

www.oldediscount.com.

The discount stockbroker, anticipating a move to another location

in Princeton, has temporarily closed its doors here. Meanwhile,

account

service is being handled by Joe Azzaro, district manager, from the

Marlton branch at 3 Greentree Center, Suite 101, Marlton 08053

(800-369-3255).

The full service discount brokerage offers bonds, IRAs, and mutual

funds.

Reynolds Metals Co., 2683 Main Street, Suite B,

Lawrenceville 08648. Ross J. Culligan, regional sales manager.

This one-person regional sales office, part of the packaging division

of the global aluminum company headquartered in Richmond, has left

Main Street in Lawrenceville. Clients wishing to reach this

division can call the national sales manager, Jim Wilson, at

804-281-4612.

Takeda America Research and Development Center

Inc.,

104 Carnegie Center, Princeton 08540. Mikihiko Obayashi PhD,

president.

609-452-1113; fax, 609-452-1218. Home page:

www.takedaamerica.com.

The R&D center of Japan’s largest pharmaceutical company will move

from the Carnegie Center to Lincolnshire, Illinois, by the end of

the year. It will join Takeda Pharmaceuticals America. About 35 people

work in this office. At this time last year, the center was

celebrating

FDA approval to market a type 2 diabetes drug, Actos.

Top Of Page
Deaths

Marion D. Diefenbach Jantz , 80, on June 30. She was a

glass blower at Electro Mechanical Research in Princeton Junction.

James William Farrior , 59, on July 2. He worked at the

Institute for Advanced Study.

Rosalinda B. Galarrita , 49, on July 2. She worked at the

Princeton Insurance Co. on Alexander Road.

S. Carl Mark , 86, on July 3. He owned WTTM in Trenton

and radio stations in Tulsa, Oklahoma.

William J. Sinteff Sr. , 64, on July 4. He worked at McGraw

Hill.

Samuel S. Manfredo , 77, on July 6. He owned Villa Capri

Restaurant and worked for the Lawrence Board of Education and General

Electric.

Victor J. Aiello , 78, on July 6. He owned Jules Tavern

in Trenton, DeCou Tavern in Hamilton, and the Revere Restaurant in

Ewing.

John J. Moran Jr. , 56, on July 6. He retired in January

from the Hopewell Township Police Department.

Frank R. Henderson , 61, on July 9. He worked at

Educational

Testing Service.


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