Saturday, November 30, 2013

Quincy Data Sets Up Weehawken PoP

Inside Market Data | 04 Nov 2013
 
Oakland, Calif.-based low-latency connectivity and market data provider Quincy Data has established a point of presence in Savvis’ NJ2 datacenter in Weehawken, New Jersey to provide firms co-located in the facility with ultra-low-latency futures data via its wireless network from CME Group’s datacenter in Aurora, Illinois.

The Quincy Extreme Data (QED) service, which leverages microwave connectivity from Quincy’s sister company McKay Brothers, can deliver market data from Aurora to Weehawken in 4.14 milliseconds rack-to-rack, according to latency figures from the vendor.

Due to the lower bandwidths associated with microwave delivery, Quincy will deliver only a subset of the most in-demand market data from CME Group exchanges, including equity, treasury, energy, currency and metals futures, says Jim Considine, director of business development and  strategy at Quincy.

“The NJ2 facility hosts the BATS Exchange, so there are definitely firms that have trading engines or their own servers located in Weehawken, and they will likely be interested in getting CME equity futures data to support their trading strategies,” Considine says.

Currently, Quincy supports one-way delivery of CME data into the Savvis facility, but the vendor plans to add BATS data to the service by the second quarter of next year. “Then we can send [BATS data] westbound to Aurora and the 350 East Cermak Road datacenter in Chicago, where IntercontinentalExchange is located,” he adds.

Considine says the vendor is seeing consistent growth for its QED service from firms across the board, but due to issues with microwave delivery—such as outages from bad weather—most firms use microwaves as a complement to fiber rather than a replacement.

The addition of the new PoP in NJ2 is the latest in a string of network enhancements made by Quincy in the past 12 months to support the vendor’s bid to cover the “big four” trading centers in the New Jersey area. In December last year, the vendor established its first PoP in the Aurora facility, after which it added connectivity to Verizon’s datacenter in Carteret that houses Nasdaq OMX’s trading engines, and now Weehawken. “We are currently engaged in ongoing dialogue to add Mahwah and by the end of December, we also plan to distribute CME foreign exchange and futures data to firms located in Savvis’ NJ3 datacenter in Piscataway who trade on Comex,” Considine says.

Sunday, November 24, 2013

Edward Hopper's 1934 Painting of Weehawken's 49th Street Corner Worth $20-$28M

See the video on, Fox Business News


East Wind over Weehawken,1934 
Oil on canvas 
34 x 50¼ in. (86.4 x 127.6 cm)



A contemporary re-imagining of Edward Hopper’s “East Wind Over Weehawken” will be auctioned off next month — at the same time as the original — to benefit the Weehawken Public Schools PTPA.


Brooklyn-based artist Stephen Gardner was recently commissioned to paint the same New Jersey street corner that appears in Hopper’s 1934 oil painting, which will be up for auction at Christie’s on December 5. Owned by the Pennsylvania Academy of the Fine Arts, Hopper’s deserted Weehawken street scene, with a pre-sale estimate of $23-28 million, will be used to fund the institution’s acquisitions of contemporary art, according to the Philadelphia Inquirer.



Gardner’s modern day version (pictured) was commissioned by comedian and writer Susie Felber, who will be auctioning it off on eBay, starting on November 30.  An active member of the Weehawken PTPA, Felber is using the sale as an alternative means to raise funds, and all profits will benefit the organization. Additional “East Wind” merchandise is available in prints, cards, and calendars, which Felber intends to sell outside of Christie’s whenever possible.



“We work so hard hawking candles, candy, and all sorts of stuff to eke out a few bucks,” Felber told ARTINFO. “If this painting draws any money it will be huge for us.”



And for all you art enthusiasts who are also racing fans, you’ll be able to see the “East Wind” location Hopper and Gardner painted go flying by next June during the inaugural Weehawken Grand Prix Formula One race.

Weehawken, Marriott officials break ground for 2 waterfront hotels

13-Nov-13, The Jersey Journal

Township, hotel and development company officials broke ground today on two hotels on the Hudson River waterfront, touting the creation of dozens of new jobs and a boost to the local economy.

The Marriott hotels -- a 226-room Renaissance and a 154-room Residence Inn -- will sit side by side in Weehawken's Port Imperial community, not far from a ferry terminal and a light rail station.

"With its breathtaking views and easy access to several mass-transit options, the site we
have chosen is ideal for the type of guest experience we envision," said Leo Xarras, partner of XSS Hotels. "We look forward to the beginning of construction and to being a part of the Weehawken business community for years to come."

The hotels will be built on top of the Port Imperial parking garage, an 850-space parking garage with approximately 17,000 square feet of ground-level retail space adjacent to the NY Waterway Port Imperial ferry terminal.

Roseland completed construction of the garage this summer and subsequently entered into a contract to sell the commercial condominium air rights for the space above the garage to the hotel developer, a partnership of Portsmouth, N.H.-based XSS Hotels and Colwen Management.

Construction on the hotels will start in the spring, with the completion expected by the fall of 2015, officials said.

The Renaissance include luxury guest rooms, a function space for up to 750 seated guests, a lounge and breakfast space, a 30,000-square-foot outdoor terrace on the sixth floor with spectacular views of the Hudson River and the Manhattan skyline.

The Residence Inn will cater to "extended stay" guests, typically those spending an average of four or five nights. It will feature guest rooms with 400-plus square feet of space and a fully-equipped, en-suite kitchen, as well as free hot breakfast served daily.

The hotels will be separate, but they will be connected on the sixth floor to give guests shared access to the outdoor terrace, function space, pool, fitness center, and a high-end restaurant.

Officials said the two hotels will bring more than 125 full-time jobs to Weehawken.

Saturday, November 23, 2013

Weehawken band wins national competition

17-Nov-13, Hudson Reporter

The Weehawken High School Marching Band won first place at the USBands “Group 1A” National Championships at J. Birney Crum Stadium in Allentown, Pa. on Nov. 9. This is the first time in Weehawken’s history that the Marching Band placed first and won the “Group 1A” division title at the national competition, which featured bands from all over the USA.

After winning their second state championship title, the 40 students who make up Weehawken’s Marching Band were hungry for another win. This time they wanted a win on the national level. The students knew this would be a challenge and on Nov. 9 they went into competition against 19 of the best school bands in the nation.

To date, Weehawken’s scores from all competitions rank them first in the nation in the USBands “Group 1A” division.

The Band is instructed by Band Director Michael Lichtenfeld, Assistant Band Director Tim Galan, Color Guard Coach Michele McCormick, Drill/Visual Designer George LaVelle Jr., Percussion Instructor Thomas Mulvaney, Marching Instructor Michael Fatouros, Color Guard Instructor Karen Garcia, and Melodic Percussion Instructor Kaitlyn Turner. The staff worked hard to challenge the students with an exciting show entitled “Cirque du Soleil: La Nouba.”