From the Star Ledger, Hat Tip Juice:
Bell Labs marks 100th birthday as iconic N.J. company prepares for huge move
The sprawling Murray Hill campus on Mountain Avenue was a bustling center for innovation in suburban Union County for decades. It served as the headquarters for a 90-year-old company whose researchers helped earn 10 Nobel Prizes, five Turing Awards for computer science breakthroughs and more than 20,000 patents.
At its height, Bell Labs employed nearly 15,000 people in New Jersey, including some of the world’s top scientists and innovators. Many worked in the more than a half-dozen buildings spread throughout 240 acres at the country club-like Murray Hill headquarters on the border of Berkeley Heights and New Providence.
Bell Labs began in 1925 as the Bell Telephone Laboratories, a science and communication research arm of the Bell system with ownership evenly split between AT&T and Western Electric. It celebrates its 100th birthday on Jan. 1.
When Nokia’s research arm, Nokia Bell Labs, said in early December 2023 the company will move out of the Murray Hill campus over the next five years to relocate to a new tech hub being built in New Brunswick, the announcement spurred an outpouring of memories online from current and former employees.
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Some of the world’s most important breakthroughs have come out of Bell Labs, including the first transistor, the laser, radio astronomy, the dawn of cellular and satellite communications and the beginnings of artificial intelligence. Bell Labs was also the birthplace of the UNIX computer operating system and the C and C++ programming languages.
At its prime, the lab produced Nobel Prize-winning discoveries and even helped the United States win World War II.
Bell Labs’ new headquarters will be located at the HELIX innovation center in New Brunswick. Originally known as “The Hub,” the HELIX innovation center will be a large complex in the city’s downtown on the site of the former Ferren Mall.
Nokia said the change in location will help Nokia Bell Labs adapt and evolve to remain at the forefront of cutting-edge technology.
It is a major change for Bell Labs, which has been a fixture in Murray Hill and has had numerous satellite locations around New Jersey.
Bell Labs’ research center in Holmdel in Monmouth County was a center for major scientific developments, including cellular technology and the Horn Antenna used to confirm the Big Bang theory.
But the company closed the location in 2006 and it was eventually purchased and redeveloped into a 2-million-square-foot “work, live, play” campus called Bell Works, which includes entertainment, dining and fitness amenities. Bell Works was dubbed the most iconic building in New Jersey in 2018 by Architectural Digest.
It is unclear what will happen to the Murray Hill site once Bell Labs leaves. The mayors of New Providence and Berkeley Heights have both said they are working with each other, as well as state and local officials, to find a new use for the property.
Ah?
$15.49 minimum wage in NJ now
Frist and secodn
Were drones scouting Bell Labs property?
But the company closed the location in 2006 and it was eventually purchased and redeveloped into a 2-million-square-foot “work, live, play” campus…
Also known as over-priced cardboard pods.
The mayors of New Providence and Berkeley Heights have both said they are working with each other, as well as state and local officials, to find a new use for the property.
We already know what the plan is; stuff as many muppet pods as possible into a crammed area so that it resembles Port Elizabeth stacked with Maersk cubes.
Actually that Holmdel location of Bell Works is a great reuse of the existing space. There are many smaller companies there who need mid-sized office space as well as the retail and restaurants on the first floor. There is a large gym there that is nice as well as Pilates work out space. They also have a nice very large wedding reception indoor/outdoor area and a smaller “convention” office space for rent in the underground floors. We used it the indoor/outdoor wedding space for our 8th grade graduation party. The driving range out back is the only one around for miles as well. They did build housing as well SFH and Multi but managed to preserve lots of open space for now. No idea if they make money on it..
Are the drone hallucinations over?
Might I suggest a Ping Pong Palace?
Spot looks ripe for 2-3 million dollar SFH homes.
https://www.google.com/maps/place/600+Mountain+Ave,+New+Providence,+NJ+07974/@40.6825735,-74.40509,1438m/data=!3m1!1e3!4m5!3m4!1s0x89c3b0062d304a61:0xccebb5617d44c0f0!8m2!3d40.6848547!4d-74.4023673?entry=ttu&g_ep=EgoyMDI0MTIxMS4wIKXMDSoASAFQAw%3D%3D
Juice Box,
C’mon, whatsamatta wit u? We don’t build single family homes in this area of the country. It’s luxury, artisan townhomes made of particle board, 2 x 3 studs spaced 20 inches apart and Kirkland faucets with overused community names like “The Enclave”. It’s for active adults! Look at the community center!! That deserves a $2.5 million price tag on that corner unit!!
I drive past that spot almost daily. Not very appealing location wise. Near nothing (supermarkets, shops, restaurants) but traffic on Mountain Ave already backs up like crazy. Wanna go to 124? Good luck? Parkway, it’s right there, and it will take you 45 min to get there. Turnpike? 1 hr if you are lucky. There is no escape from the area in a timely fashion past 3 pm. If you are going to pay all that money and suffer through all that congestion, you might as well be near desirable things. I guess it is near Summit, but if that’s the case, why not just live in Summit.
You sound like Yogi Berra.
“No one goes there no more. It’s too crowded.”
BRT says:
January 2, 2025 at 9:46 am
I drive past that spot almost daily. Not very appealing location wise. Near nothing (supermarkets, shops, restaurants) but traffic on Mountain Ave already backs up like crazy. Wanna go to 124? Good luck? Parkway, it’s right there, and it will take you 45 min to get there. Turnpike? 1 hr if you are lucky. There is no escape from the area in a timely fashion past 3 pm. If you are going to pay all that money and suffer through all that congestion, you might as well be near desirable things. I guess it is near Summit, but if that’s the case, why not just live in Summit.
I was in bourbon st last December… and it’s heart breaking what happened.
I wonder what the 3-letter agencies are doing about curbing fundamental islamic indoctrination – especially as it relates to home-grown terrorism. Blaming immigrants is like bombing the wrong country.
Trump promised to pardon home grown insurrectionists
RentL0rd says:
January 2, 2025 at 11:47 am
I was in bourbon st last December… and it’s heart breaking what happened.
I wonder what the 3-letter agencies are doing about curbing fundamental islamic indoctrination – especially as it relates to home-grown terrorism. Blaming immigrants is like bombing the wrong country.
If that cyber truck contained an explosion, I’m sure you don’t want to run into it with a Honda Civic. At ~ 6,500 lbs., it’s tough to move that vehicle out of the way. Has anyone test driven one of those things?
The Tesla Cyber Truck weight ( max 6,901 lbs) is similar to a Ford F150 (max 7,350 lbs) or RAM( 6,440 pounds) truck.
The heaviest extended range Ford F150 lighting electric is max 7700 lbs…
The Rivian RS1 fully loaded is actually much heavier ( 8,532 lbs)… It will smash right through a guard rail at 60 MPH.
Here is the lighter 7,100 lb version doing just that.
https://www.youtube.com/watch?v=GhODXSBzLHA
Ed all of the electric trucks have kick ass torque and accelerate very quickly. My friends Rivian feels like a quarter mile car and it is 10.5 seconds @129 MPH.
If you remember the quote from the fast and the furious movies…”You owe me a 10-second car.”
Is anyone actually sure the Tesla Cyber Truck had explosives in it?
So the Vegas bomber was active duty Army… supposedly a Green Beret on leave.
Special Ops are the elite of about 30,000 or so. They get advanced demolitions training…I gather he could not get his hands on the good stuff an improvised.
Lib – yes… back was filled with stuff. Looks like the battery system is still intact, it did not burn to the ground either.
https://www.cnn.com/2025/01/02/us/tesla-cybertruck-trump-hotel-wwk-hnk/index.html
Juice,
Liked your prediction write up. The Tesla thing was a pretty good joke, I thought.
Lib – Wait until we hear JJ is now the Undersecretary of the Treasury for domestic finance policy.
Carvana getting hit after Hindenburg report. I wish Hindenburg would go public!
From someone on yahoo. The corporate fraud is over the top-
Carvana, founded by an Ex-Con. The P/E ratio is 31k. Since the last report, earnings have fallen by -82.22% from $714.00 million to $17.00 million. Carvana reported a net loss of $1.1 billion. EBITDA fell to $148 million from $741 million a year earlier. The financial situation is so bad that Carvana was forced to issue an additional significant number of shares in July 2024, thereby increasing the share count by about 39.56% compared to the end of 2023. Carvana’s debt continues to grow and now stands at $7.2 billion.
In July 2024, the company carried out another additional issue at $28 per share and a private placement at $8.75 per share. The buyers of the shares in the July 2024 offering were institutional investors, including large financial institutions and funds. They agreed to pay only $28 and $8.75 per share, while the shares were trading in the $130-$147 range. Now they are selling them to people for $250 and trying to convince us that they are worth even more, while estimating their real value at no more than $28.