Greetings Princeton! Your go-to source for what's happening in town is here. Stay in the loop and read on. ☀️
In today's newsletter:
Also on today's calendar: AI for Small Business: Free Monthly Meetup for Montgomery NJ Owners and 9 more events.
Today's riddle: Why do Norway's navy ships all have barcodes? 🤔 (Answer below!)
1. Developer Seeks Variance For 28 Townhouses On Princeton's Founders Lane (patch.com) — A major redevelopment is being proposed for Princeton's Founders Lane, where a developer hopes to replace the Italian-American Sportsmen's Club with 28 townhouses, including six affordable units. Princeton staff say the Zoning Board needs a full site plan and more details on wetlands, access, and affordability rules before deciding on the crucial use variance. The board is expected to discuss the request at its Wednesday meeting.
2. NSBOA Launches in New Jersey to Support Small Businesses (hiindia.com) — A new National Small Business Owners Association chapter has launched from Princeton, aiming to give local and regional entrepreneurs a stronger voice, better networking, and shared resources. At its September 28 kickoff, organizers emphasized mentorship, education, and advocacy, and they plan a first regular meeting in November to set priorities and build connections among area business owners and civic leaders.
3. Who Was William Paterson? (wpubeacon.com) — William Paterson, who spent part of his youth in Princeton and studied at what is now Princeton University, went on to become New Jersey's first attorney general, a U.S. senator, governor, and Supreme Court justice. The piece traces his immigration, education, public service, and family life, urging readers not to overlook his influence on New Jersey's history and institutions.
4. Fitch Ratings cuts GSMS 2016-GS3, raises GSMS 2016-GS4 on loan performance (tradersunion.com) — Recent Fitch Ratings moves on GSMS 2016 trusts highlight how commercial real estate performance is reshaping structured finance, including earlier losses tied to a liquidated Princeton office property portfolio. For local investors and property watchers, it's another sign that office values and loan performance in and around Princeton can directly influence complex mortgage-backed securities and future financing conditions.
5. USG senate adopts statements on Cornell case, data center construction in South Brunswick (dailyprincetonian.com) — Princeton's Undergraduate Student Government has issued two statements, one pressing the University to reform Title IX procedures after outrage over a Cornell case, and another urging New Jersey regulators to deny an air permit for a diesel‑powered data center in nearby South Brunswick. Student leaders warn the project's emissions could harm Princeton residents and encourage classmates to sign on to their opposition this week.
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Ok Princeton! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!
-- The Patch AM Team
P.S. The answer to today's riddle: "Why do Norway's navy ships all have barcodes?" — So when they come back to port they can just scan-da-navi-an! (Thank you Jessica C. for sending it in!)
Got a good riddle for PatchAM? Submit it here!
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