MIDDLETOWN STATISTICS REPORT- SEPTEMBER 2010
Highlights
↔ Local Economy- Unemployment notched up 0.1% in July, but August hiring are up 9% over July. The summer weakening might be more of a bump along the road to recovery rather than a worsening trend. Main Street storefront vacancies reached a new low at 4%. A year ago the City had 14 Main Street vacancies, today there are just 6. Trade name registrations are up 22% versus last year and the July and August numbers were much stronger than last year. The October report will have the results of our Business Confidence Survey.
↔ Housing- Sales, Prices and Days on the market all retreated in July after the end of the federal stimulus incentives. The one positive note is that weakness has not resulted in increases in inventories, which are currentlt at very manageable levels. Prices are within historical long-term trends, indicating that the market has, up-to-now, corrected itself, rather than having the bottom fall out. This winter will be a critical time to watch the trends for the housing market. Next spring might have prices at bargain prices compared to historical trends. If unemployment drops, then Middletown will be in a good position for a real estate recovery.
↓ Web Presence- Middletown’s web presence continued to decrease on search engines for a second month.
Full report can be found at http://www.middletownplanning.com/documents/MStat_Report_Sept2010.pdf
MEETINGS OF THE WEEK
Design Review and Preservation Board
Wednesday, September 8, 2010, 5:30 PM, Common Council Chambers
- 267 Main Street- Bank of America Handicapped Accessible Entrance
Planning and Zoning Commission
Wednesday, September 8, 2010, 7:00 PM, Common Council Chambers
PUBLIC HEARINGS
- Proposed Zoning Code text amendment to add Section 61.01.57 to allow Retail Sales and Self Storage in the B-2 zone. A copy of the proposed text is on file in the Office of the Town Clerk. Applicant/agent Andy Grant/Michael F. Dowley Z2010-4
- Proposed Special Exception to convert an existing single family dwelling at 7 Park Place to a residence and worship center. Applicant/agent Theodore Zervas/Michael F. Dowley SE2010-5
NEW BUSINESS
-Proposed two (2) lot resubdivision of the property of No. 8 Country Club Road located on the south side of Country Club Road and to the west of Partridge Lane. Applicant/agent Robert E. Whitney, Jr. for No. 8 Country Club Associates S2010-3
- Proposed three (3) lot resubdivision of the property of Middle Boardman Associates, LP, located at 218 Boardman Lane, on the north side across from the intersection with Bell Street. Applicant/agent Middle Boardman Assoc. Limited Partnership/Joel Green, Esq. S2010-4
- Proposed Site Plan Review to construct an office building with associated wholesale warehouse on the south side of Bradley Street near the intersection with Middle Street. Applicant/agent J. Sullivan Properties, LLC/Richard D. Carella, Esq. SPR2010-130
Conservation Commission
Thursday, September 9, 2010, 7:00 PM
CANCELLED
RECENT COMMISSION ACTIONS (Unofficial results)
Planning and Zoning Commission
Wednesday, September 25, 2010, 7:00 PM, Common Council Chambers
GRANTED FINAL APPROVAL - Three (3) lot resubdivision with a Special Exception for two rear lots of the property of Dan LaRosa located at 109 Bell Street, on the east side near Old Farms East, with the condition that the Police Departmental comment be addressed. Applicant/agent Dan LaRosa S2010-2
GAVE AN AFFIRMATIVE G.S. 8-24 REVIEW- Land swap at the intersection of Johnson and North Main Streets between the City and Paul Szewczyk for a proposed boat launch with the condition that: 1) the land swap will have a legal contract; and 2) there be no deed transfer until the work has been completed. Applicant/agent City of Middletown
You can find agendas, minutes and legal notices at www.middletownplanning.com
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