BUILDING BOOM! says Glenn Klotz of the Margate Boardwalk Committee, the crew spearheading efforts to rebuild Margate’s beloved boardwalk.
Witness the picture above. Just one of many multi-million dollar homes presently under construction along the Ventnor Boardwalk.
Klotz: one of the most galling LIES spewed by those opposing a rebuild of Margate’s Boardwalk: how property values will decline if built. It’s more likely that property values will rise.
Ventnor’s Boardwalk is bustling with new home construction. Beach block too.
Klotz: This kind of building boom in Ventnor, was been enjoyed by Margate for the past 10 years.
Ventnor is finally getting serious developer and investor interest. Real Estate execs like Sherri Lillienfeld from Apex Prime Realty agree.
A steady increase of those considering a Ventnor vacation home. ‘If you ever thought of selling, values are strengthening.’
‘Tax abatement for new construction boosting interest too’ says Lillienfeld, a Ventnor-based Real Estate broker with 20+ years of Downbeach experience. Got a question about stuff like this? Call Sherri at 609-487-9996.
Downbeach Social Media Buzz
Teri Green: Geez. Just watch, the building boom is just really getting started after the financial downturn and Hurricane Sandy, low interest rates will generate building. Margate is / was a beautiful beachy town as we remember. Local officials need to listen to the locals, (good luck with that) and manage the development in a respectful / mindful way. Thank you Glenn for all you do trying to maintain the lifestyle and environment of Margate that works for all.
Glenn Klotz: Margate has to decide. The beachfront few want a gated community for themselves. A public boardwalk gets in their way. The beach is technically a public park. Beachfront owners want control of it. That’s really what it boils down to.
Barbara Zelmanoff: I agree, a boardwalk will increase value of Margate. A wonderful bonus to our town.
Stefanie Zucker Bloch. When will our Margate Commissioners take a poll of ALL Margate taxpayers to see if majority want a boardwalk?