Friday, October 14, 2016

A construction worker died after he fell 45 feet off a roof while laying metal decking for a warehouse that is under construction in Teterboro, NJ



Construction worker dies after fall from roof in Teterboro
By KIM LUEDDEKE
STAFF WRITER |
The Record


TETERBORO, NJ — A construction worker died Friday after he plunged 45 feet off a roof, police reported.

Police believe the worker slipped and fell while laying metal decking for a warehouse that is under construction at 125 North St., said Detective Sgt. Anthony Fugnitti of the Moonachie Police Department, which is handling the incident.

Emergency personnel were called to the scene at 10:28 a.m. When police arrived, the victim was unresponsive but breathing. He later succumbed to his injuries, Fugnitti said. The man’s name was not immediately released pending the notification of relatives

Fugnitti did not know who owns the property, or the name of the construction company that employed the worker.


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Global Experience Specialists Inc. sells Teterboro warehouse to Forsgate Industrial Properties LP


Record file photo
The site was assessed at $10.1 million.
By LINDA MOSS
STAFF WRITER |
The Record


A Las Vegas-based company has sold a 158,000-square-foot warehouse in Teterboro for an undisclosed amount, the broker in the deal said Tuesday.

Global Experience Specialists Inc., a division of Viad Corp., sold the class B light industrial property at 125 North St. to Forsgate Industrial Properties LP of Jamesburg, according to Jones Lange LaSalle, which represented Forsgate.

The broker declined to reveal the sale price, and the deed hasn't been recorded yet in the Bergen County Clerk's Office.

Forsgate is a private real estate developer and investor that owns and manages 10 million square feet of industrial buildings.

Its partners are Alex Klatskin and Steve Seiden, says CoStar, which supplies commercial real estate data, while GES' officers include Paul Dykstra and Kevin Rabbitt.

The property, built in 1950, was known as the Wella Industrial Facility. It is a 13.6-acre site on the corner of North and Huyler streets immediately off Exit 65 of Route 80. Teterboro assessed the property at $10.1 million last year, according to CoStar.

Jones Lang LaSalle's managing director David Knee and Senior Vice President Blake Chroman represented Forsgate in the off-market transaction.

The seller was represented by its in-house real estate team.

The seller, GES, is remaining in the building as a short-term tenant after the sale, according to Jones Lang LaSalle.