2025-11-14T16:26:35-05:00 2024-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990PF 2024-01-01 222104766 New Brunswick Development Corporation % GLEN SOFO NEWB 7322492220 120 Albany Street 7th Floor New Brunswick NJ 08901 Christopher J Paladino President 7322492220 2025-11-15 true true Shawn Gillon P01301805 7328281614 2024 2025-03-06 01:10:19Z X 999477420 X 496500 829721 829721 829721 8780799 8780799 10107020 829721 9610520 1902872 1902872 1902872 1083659 1083659 1083659 804173 804173 786186 46790 0 46790 46790 90833 0 90833 66971 442248 111385 442248 446200 151307 151307 151307 39196 39196 429464 429464 440370 98672 98672 98672 1828708 718336 1828708 1851885 6917922 829721 6917922 6874912 0 0 6917922 829721 6917922 6874912 3189098 0 2692598 1997539 5946179 5946179 11983481 11012925 11012925 2183627 3177612 2183627 2183627 3258356 3258356 3258356 3258356 84442 49498 49498 3512 1512 418237 359323 79834 58914 58914 944371985 971967921 976967921 964956761 994478932 999477420 105777869 127941957 10180656 10681287 822549493 814407278 81245 81245 938589263 953111767 X 26367498 41367165 0 0 26367498 41367165 964956761 994478932 26367498 3189098 11810569 41367165 41367165 0 0 0 0 0 0 false false false false false false false true true NJ true true false false false true www.devco.org GLEN SOFO 7322492220 120 ALBANY ST 7TH FLR New Brunswick NJ 08901 false false false false true false false false false false false false false false false false false false false false false false CHRISTOPHER J PALADINO 120 Albany Street 7th Floor New Brunswick NJ 08901 PRESIDENT 0 699707 128166 0 IRA S NOVAK esq 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 GILBERT H BLITZ 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 DENNIS MARCO 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 VITO R NARDELLI 120 Albany Street 7th Floor New Brunswick NJ 08901 VICE CHAIRPERSON 0 0 0 0 WILLIAM j QUINN 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 DAVID G SCIARRA ESQ 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 GEORGE R ZOFFINGER 120 Albany Street 7th Floor New Brunswick NJ 08901 CHAIRMAN 0 0 0 0 AMY MANSUE 120 Albany Street 7th Floor New Brunswick NJ 08901 director 0 0 0 0 SERGIO IACOVITTI 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 Merrisa A Buczny 120 Albany Street 7th Floor New Brunswick NJ 08901 VP/Assistant Secretary 0 458745 109546 0 Sarah F Clarke 120 Albany Street 7th Floor New Brunswick NJ 08901 EVP/Assistant Secretary 0 510538 104962 0 STANLEY M KOSIEROWSKI 120 Albany Street 7th Floor New Brunswick NJ 08901 DIRECTOR 0 0 0 0 GLEN SOFO 120 Albany Street 7th Floor New Brunswick NJ 08901 TREASURER 0 233882 66233 0 ROBERT MCCULLEY 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 185788 48618 0 GARRET BILTZ 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 211640 46416 0 JEAN HOLTZ 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 128927 45932 0 NICOLE MAHON 120 ALBANY STREET NEW BRUNSWICK NJ 08901 SR. PROJECT MANAGER 40.0 103616 14239 0 Integris LLC PO BOX 674539 DALLAS TX 75267 IT CONSULTING 174790 The Axel Group 766 Shrewsbury Ave TINTON FALLS NJ 07724 TEMPORARY AGENCY 106370 The Venn Group 5 Lyons Mall BASKIN RIDGE NJ 07920 Consulting 78000 Conduit Strategies LLC 68 Park Ave WEST CALDWELL NJ 07006 Consulting 76500 Tipping Point Strategies LLC 160 West End Ave NEW YORK NY 10023 Consulting 60000 TO DEVELOP THE CITY OF NEW BRUNSWICK AND THE STATE OF NJ INCLUDING THE DEVELOPMENT OF RESIDENTIAL AND COMMERCIAL REAL ESTATE IN A MANNER BENEFICIAL TO THE COMMUNITY. 6874912 0 13056182 0 13056182 0 13056182 195843 12860339 643017 X 6874912 0 0 0 0 6874912 0 0 2022 2021 2020 0 5053987 4899210 4964671 5836628 6935356 27689852 6874912 0 6874912 34564764 0 0 0 0 5053987 29510777 4899210 4964671 5836628 6935356 6874912 X 0 0 0 0 0 0 0 0 0 0 6874912 6935356 5836628 4964671 24611567 6874912 6935356 5836628 4964671 24611567 999477420 964956761 185948176 160695032 2311077389 999477420 964956761 185948176 160695032 2311077389 0 0 0 0 NA NA X MANAGEMENT & DEV. FEES 8780799 14 829721 829721 8780799 9610520 false false false false false false false false false false X X 1 ROBERT WOOD JOHNSON FOUNDATION COLLEGE ROAD AND ROUTE 1 PO BOX Princeton NJ 08543 496500 X ACCOUNTING/AUDIT FEES 90833 90833 66971 INVESTMENT IN CS II AT COST 100 INVESMENT IN CS III AT COST 100 INVESTMENT IN CS IV AT COST 100 INVESTMENT IN LOWER GEORGE ST AT COST 100 INVESTMENT IN CHILD HEALTH INS AT COST 100 INVEST IN STUDENT HOUSING DEVE AT COST 100 INVEST IN UNIVERSITY HOUSING AT COST 100 FERREN URBAN RENEWAL ASSOC. AT COST 100 SOMERSET ST. URBAN RENEWAL AT COST 100 UNIVERSITY DEVELOPMENT ASSOC AT COST 100 SOMERSET ST ASSOC. 2 AT COST 100 FERREN LEVERAGE LENDER AT COST 100 THE VUE CONDOMINIUM ASSOC AT COST 100 WASHINGTON ST. UNIV. HOUSING AT COST 100 ISLAND CAMPUS REDEV. ASSOC. AT COST 1 ATLANTIC AVENUE URBAN RENEWAL AT COST 1 CULTURAL CENTER REDEV. ASSOC. AT COST 100 DOWNTOWN HUB ASSOC. AT COST 10 LEGAL FEES 46790 46790 46790 REDEVELOPMENT COSTS 7321275 8240581 8240581 INTEREST RECEIVABLE 940360 827683 827683 OTHER ASSETS 22200 22200 22200 CAPITAL LEASE RECEIVABLE 52883035 44740819 44740819 ESCROW DEPOSITS 708880157 550013743 555013743 REDEVELOPMENT PROJECT COSTS 173224958 367022895 367022895 DEFERRED DEVELOPER FEE 1100000 1100000 1100000 ADVERTISING 596125 596125 616513 OFFICE EXPENSE 152013 152013 152013 CONFERENCES AND MEETINGS 130374 130374 130374 INSURANCE 231860 231860 231860 DIRECT REDEVELOPMENT PROJECT 718336 718336 718336 721125 MANAGEMENT & DEVELOPMENT FEES 8780799 8780799 UNREALIZED GAINS 11810569 SECURITY DEPOSITS 81245 81245 MIDDLESEX COUNTY IMPROVEMENT AUTHORITY 3258356 2005-04 2037-01 6. CONSULTANTS 442248 111385 442248 446200 PAYROLL TAXES 151307 151307 151307