Brokers and Brokerage

Business Brokerage A Hammonton firm run by influential Republican J. Garfield DeMarco has agreed to restore 22 acres of wetlands that were unlawfully converted to cranberry bogs, state officials said Thursday.

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Forex Broker A.R. DeMarco Enterprises Inc. also will pay a $400,000 fine to settle long-standing violations of the state's Freshwater Wetlands Protection Act, according to the state Department of Environmental Protection.

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Online Brokerage DeMarco declined to comment on the matter and referred questions to his attorney, who could not be reached.

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Real Estate Broker DeMarco is the state's second-largest cranberry grower and previously served as the chairman of the Burlington County Republican Party.

Because of the brisk sales, based growers' cooperative is increasing production of its white cranberry juice. As production increases, growers will be asked to harvest more of the white berries each year, Phillips said. Farmers who harvest the white berries receive financial incentives from Ocean Spray, so the increased production of white cranberry juice should help some growers' bottom line, Phillips said.

Agency Brokerage Spark DEP Commissioner Bradley M. Campbell called the agreement "a strong and effective settlement because it ensures that this large, environmentally significant parcel will be restored to its original condition."

The white cranberries are harvested roughly three weeks earlier than usual, before they turn the traditional crimson color. Right now, Ocean Spray growers are harvesting the white cranberries in Wisconsin, Massachusetts and parts of southern New Jersey, including Burlington County. "For us, it's worth doing, " said Joe Darlington, an Ocean Spray grower who is harvesting white cranberries on his farm in Pemberton Township.

Business Broker DeMarco did not obtain appropriate permits before converting the wetlands in Woodland, Burlington County, in 1998, Campbell noted. The state agency initially sought a fine of $594,000 from the firm.

Brokerage Account Under the agreement, DeMarco must restore the wetlands within 18 months of receiving DEP approval for a work plan.

Stock Broker The land is part of a 9,400-acre tract that was purchased for $12 million from DeMarco by the New Jersey Conservation Foundation in December.

Brokerage Online Stock Trading By Jim Walsh
Courier-Post - 1/23/2004

Topic: Pinelands

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