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Ok, my turn to ask a question: Can anyone tell me how the tax incentive works? My bank is collecting taxes for the unit but if the developer is supposed to be paying the first 2 yrs....then who do i go see to get that money back?
I moved here (bought a 1br facing West, not NYC views) in October 2008. I had been renting in Hoboken the past 10 years and loved the area. I moved here since the equivalent just a 1/2 mile away would have cost me and additional $100-150K as a purchase price. Regardless, so far I really love the redone apartment and the doormen/concierge/building manager have all been very nice. I will not comment on the Sales Team, especially Albert, but other than that, I have been pretty happy so far. The abatement is great (although the numbers didn't work out as well as they should have), the area is pretty crappy, but getting better (and I knew that coming in), and many of the new owners that I've met have been very nice and friendly. However, I do have some complaints. Many of the long term residents here (i.e. renters) are pretty low class and trashy, and honestly, I cannot wait until they get priced out of the building. The vents in the bathroom and kitchen mean well, but you can hear other peoples' voices, bathroom activities, music, dogs, and bascially anything else, drives me CRAZY. Other than that, the parking is great, the gym is effective enough, the Lobby and outside of the building is excpetional and the area will only prosper. Overall, we are pretty happy and hope for a solid return on our investment a few years down the road. Email for any questions, I"ll be happy to share...
Many of the long term residents here (i.e. renters) are pretty low class and trashy, and honestly, I cannot wait until they get priced out of the building.
Ah yes, the wonderment of the gentrification mind frame.
Squeeze the poor out of their own neighborhood so you can live the urbane lifestyle of your dreams!
Ah yes, the wonderment of the gentrification mind frame.
Squeeze the poor out of their own neighborhood so you can live the urbane lifestyle of your dreams!
very interesting way to look at it!! What happens than to the poor?
Speaking of the Gentrification mind frame, I am only in this area because I got priced out of Hoboken, so whatever.... No one gets kicked to the curb, they just move to other rentals in the area. This building is a condo conversion and there's nothing wrong with a building and area cleaning up. If I could have afforded a $450K 1 bedroom in Hoboken, I would have loved to stay there instead of coming here, TRUST ME... but I have to make the best, so renters, get OUT!
Can anyone tell me the prices for a 1 br and a 2 br in the lenox facing the NY side and the Jersey side?? Are the prices negotiable? I'm interest in going to see the lenox.
Can anyone tell me the prices for a 1 br and a 2 br in the lenox facing the NY side and the Jersey side?? Are the prices negotiable? I'm interest in going to see the lenox.
In this market everything is negotiable.
Especially for places like this.
I dont know what all these other people are talking about but I just put in a deposit for a studio with full NYC views and I cant wait to move in!!!!!!! I have been looking in hoboken, weehawken,west new york, edgewater and downtown JC and I was completely priced out. The building is just four blocks from hoboken and about 20min. into Port Authority. This area is what downtown jersey city and hoboken was 5-10 years ago. I also checked out the school that was behing the building and saw for myself that the children leave around 3:30 but I did not see 2,000 kids like the other post states(the chap miscalculated by over 1,800 students.....math probably wasn't his best subject). As long as you have a competent lawyer and sound financing you should be in good hands. Contact me if anyone needs a good lawyer.
I agree with the above but dont go thier without your own realtor! The sales team there do NOT represent you !
They are for the best interest of the seller! Get a good buyers agent! They know the tricks and can equalize the equation.
They can probably get you a better deal because they can use MLS data to support a lower price.
And they will watch your back during the transaction.
I can reccommend you a good agent ;-)
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I'm a new owner, im pretty happy so far...BUT
Gentrification....
