Saturday, September 3, 2016

Borgs have returned to Hackensack as the Fourth Edition

The former headquarters of The Record at 150 River Street in Hackensack are expected to be torn down after the Borg family sell 19.7 acres to an apartment developer. The city has already designated the land for redevelopment. The old staff entrance is shown above.

The bus shelter, left, was supposed to be used by employees after smoking was banned inside the building.


By VICTOR E. SASSON
EDITOR

After selling North Jersey Media Group to Gannett for a reported $40 million in July, the Borg family have formed a new company and returned to Hackensack, where their flagship paper, The Record, was headquartered until 2009.

The new company, Fourth Edition, retained the pension and retirement funds, and starting this month, pension checks were issued under its name.

Little else is known about the company, including its address in Hackensack.

The Borgs still own 19.7 acres along River Street in Hackensack that are expected to fetch $20 million to $30 million when sold to an apartment developer.

The property is held by Macromedia Inc., according to city tax records.

The privately held Macromedia was set up in 1921.

Front pages

From the looks of Page 1 today and Friday, Editor Deirdre Sykes and her minions started their Labor Day weekend on Thursday.

This coming Tuesday, Sykes will be replaced by one of Gannett's super editors after only seven months in the job, and will assume what the company calls "a new leadership position in the newsroom."

Healthy eating

Readers who watch their weight and cholesterol might question why the entire Better Living cover today promotes the grilling of artery clogging food, including pork ribs, Chinese long beans with butter and chicken with sour cream (BL-1).

Meanwhile, the only healthy recipe -- for grilled catfish -- appears on BL-3.

Friday's paper

Below the fold on Friday, two stories explore attempts to right historic wrongs.

Three Korean men rode their bikes across the country to Palisades Park to "honor" women who were sexually enslaved by the Japanese army before and during World War II.

Next to that story on Friday's A-1, The Associated Press reported Georgetown University will give preference in admissions to descendants of slaves the Jesuit-run institution sold.

Keystone Kops

Thanks to all of those shopping centers, Paramus homeowners pay some of the lowest property taxes in Bergen County.

But in terms of police protection, residents are getting shafted, according to a shocking story on Friday's Local front.

Staff Writer Melanie Anzidei reports that police apparently have thrown up their hands over "a spike in residential burglaries."

On Thursday, Deputy Chief Robert M. Guidetti issued yet another "alert" to residents and gave them advice on how to protect their homes, such as locking doors and windows "when away or while sleeping."

Seventeen residential burglaries were reported since January, but 13 of them occurred between May and August.

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