ANASQUAN, N.J. – Slip space has become a hot and rapidly vanishing commodity along the coast of New Jersey as developers are ripping out marinas to put in waterfront condominiums, according to a story in today’s New York Times.
Although the exact number of boat slips in the New York metropolitan region is unknown, or how many fewer there are than before, complaints have risen to such a degree that the New Jersey Marine Trades Association has started a survey of member marinas to find out, the Times said.
"Obviously, I've seen and heard the same thing," Melissa Danko, executive director of the association, told the newspaper. "So it's on our radar screen and we are trying to reach out and find out what's what."
With the repeal of federal excise taxes on yachts, and sales representatives reporting more people buying with a post-9/11 "live for the moment" eagerness, a common complaint is that places to keep, fuel, repair and store boats over the winter are being eaten up by the boom in waterfront real estate, the newspaper reported.