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Business Brokerage A.R. DeMarco Enterprises has agreed to restore 22 acres of wetlands it illegally converted into a cranberry bog and pay a $400,000 fine, state officials announced yesterday.

Wetlands are nurseries for many kinds of commercial and recreational fish species, which many New Jersey residents rely on for their livelihoods. The trees in a forested wetland help clean the air and produce the oxygen we need to survive. Wetlands of the New Jersey Pine Barrens contain many rare plant and animal species, some which are found nowhere else in the world. They must be protected for future generations.

Forex Broker The company, owned by Burlington County Republican power broker J. Garfield DeMarco and his two siblings, converted the wetlands in 1998. A previous settlement struck in the administration of Gov. Christie Whitman was rescinded by Gov. James E. McGreevey's administration, which determined it was too generous to the company.

The two restoration projects the group is asking Congress to authorize would recover 150, 000 acres of wetlands, said April Gromnicki, spokeswoman for Audubon of Florida. After the projects are authorized, Congress and the state Legislature would still need to approve funding. One project would restore wetlands around the Indian River Lagoon, slowing the water flow into Lake Okeechobee, which feeds the Everglades. Another would tear out roads, fill in canals and restore estuaries in the Southern Golden Gates Estate, where land had once been sold to investors in a real estate scam, she said.

Online Brokerage "Our settlement with DeMarco is the final chapter in a story that began with egregious environmental violations and ends with the restoration of environmentally sensitive wetlands," Department of Environmental Protection Commissioner Bradley Campbell said in a statement yesterday.

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Real Estate Broker DeMarco sold his cranberry farm -- the third-largest in the Ocean Spray cooperative -- to the New Jersey Conservation Foundation late last year. His brother and co-owner Mark DeMarco objected to the sale initially. Though he dropped the objection, Mark DeMarco still has a lawsuit pending against Garfield DeMarco for allegedly mismanaging the business in various ways.

Real estate agents and brokers held about 347, 000 jobs in 1998. Many worked part time, combining their real estate activities with other careers. employed. Real estate is sold in all areas, but employment is concentrated in large urban areas and in smaller, but rapidly growing communities. Most real estate firms are relatively small; indeed, person business. Some large real estate firms have several hundred agents operating out of many branch offices. Many brokers have franchise agreements with national or regional real estate organizations. Under this type of arrangement, the broker pays a fee in exchange for the privilege of using the more widely known name of the parent organization. Although franchised brokers often receive help training salespeople and running their offices, they bear the ultimate responsibility for the success or failure of their firm.

Agency Brokerage Spark The bog expansion violated the state's Freshwater Wetlands Protection Act. The settlement resolves one of many challenges facing the cranberry company. It still faces millions of dollars of debt and accusations from the Internal Revenue Service that Garfield DeMarco and his siblings tried to pass off personal extravagances as business expenses for years.

New Jersey's wetlands are diminishing quickly, and the state program to keep them preserved is not maintaining its promise to do so ("Report says NJ failing to protect crucial wetlands, " 5, April 12). made acres.

Business Broker The farm is located in Woodland Township, Burlington County, a town that has long been known as the unofficial capital of the Pine Barrens. The property, 9,400 acres in all, adjoins Wharton State Forest.

Brokerage Account Environmentalists had alerted the state to DeMarco's expansion. In 2001 the DEP fined the cranberry grower $594,000 but also issued him two general permits authorizing the conversion of 20 of the 22 acres.

Stock Broker The McGreevey administration revoked that deal in July 2002. DeMarco must now restore the 22 acres to their prior condition. The fine will be payable in two installments, this March and next March.

Brokerage Online Stock Trading By Alexander Lane
Star-Ledger - 1/23/2004

Topic: Pinelands

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