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Re: The Beacon
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Just can't stay away
 
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Quote:
What's torturous is reading you make the same fallacy ridden, dishonest arguments - again and again. Look, the development is 80% sold and has FHA approval. I know you understand what that means from a bank underwriting perspective. In this market, unless you?re fully sold, that?s pretty much as good as it gets. Let?s see what else, you post out loud queries about the high maintenance, but you conveniently fail to contemplate the pilot. You reference price dislocation currently experienced by The Beacon, but omit price reductions experienced by the rest of the JC condo market (i.e. Crystal Pointe down 30%). You suggest The Beacon has failed, but the development is already one of the more successful developments in Jersey City (i.e. media profile, historic preservation, next phase in process, etc.). You?re right, let?s not do this again.
Posted on: 2009/6/23 17:11
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Re: The Beacon
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Just can't stay away
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Quote:
The way I understand it, auction bidders actually have to present the bid deposits as part of admission ($15K/$25K). You might want to check in with the Sheldon Good auctioneers on the specifics.
Posted on: 2009/6/23 17:06
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Re: Video: Cabbies duke it out in Journal Square
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Not too shy to talk
 
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I'm a web producer. So, most of the writing I do is in the form of project plans and memos. :)
Feel free to reach out any time. twitter: colleenstone nj: cstone (at) nj (dot) com Now, back to the video: If someone can translate what the very vocal fellow is saying ("you have weapon with me"?) I'll be forever in your debt.
Posted on: 2009/6/23 16:56
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Re: The Beacon
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Home away from home
 
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Did people have to buy their $20 auction package at the open house? Or will they also be sold as you enter the room at the Hyatt? I'm definitely going to the auction. No, I don't have a suitcase of $$ to bring with me, but I want to see what inventory is left over, b/c the leftovers will be even cheaper than the auction price. Or, possibly this will be the first of several auctions....
Posted on: 2009/6/23 16:25
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Any Boaters in the Forum?
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Home away from home
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Just bought my first boat, and have it docked at Liberty Harbor. Is anybody else in here a local boater? Anybody have any recommendations/advice for a newbie? Please no tired jokes about boats being money pits, thanks...
Posted on: 2009/6/23 15:50
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Re: The Beacon
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Home away from home
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Their carts for the luggage are really fun to ride on in their super long hallways. Since the building is barely occupied no one ever complains about our tomfoolery. Except when wine glasses fall off the roof deck. That time, a friend who lives there got reprimanded.
Posted on: 2009/6/23 15:48
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Re: The Beacon
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Home away from home
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And don't forget the volleyball/badminton net! On a slope! FUN!
Posted on: 2009/6/23 15:43
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Re: The Beacon
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Home away from home
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Quote:
Separate the ones on your list with slashes as they are separate amenities in separate rooms and add: -Great lawn -Sundeck -Grills -Treatment rooms -Four roof top patios -Steam rooms -Reading room -Dining room/kitchen for events ? I think that is the rest of the amenities included in the maintenance
Posted on: 2009/6/23 15:31
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Re: Video: Cabbies duke it out in Journal Square
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Home away from home
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do you write for nj.com? i think your profile said web lackey or something
Posted on: 2009/6/23 15:23
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Re: Artist lofts?
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Home away from home
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yes, i live here. i was suggesting an alternative. artists are urban pioneers, and newark needs both.
Posted on: 2009/6/23 15:06
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Re: Artist lofts?
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Home away from home
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Quote:
The area isn't too good? Wibbit the area is just fine. Millon Dollar plus townhouses are right across the street on Wayne, Mercer and Varick. The only way you can get in Dixon right now is to rent from one of the owners or buy a unit. I know that a few owners have their places on the market due to relocation but you can probably get a better industrial rental elsewhere if you are just looking for a work space. The rentals here would be a little more in money with less space that a regular work loft.
Posted on: 2009/6/23 15:05
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Re: Artist lofts?
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Home away from home
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DT Jersey City. Do you know where Liberty State Park is? Statue of Liberty?
Posted on: 2009/6/23 15:02
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Re: Artist lofts?
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Home away from home
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downtown newark
Posted on: 2009/6/23 15:00
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Re: Artist lofts?
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Home away from home
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On Craigslist right now. A little over a mile from DT but right by the Liberty State Park lightrail.
http://smaller.in/ud
Posted on: 2009/6/23 14:50
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Re: City Council to Renegotiate Abatement For Developers
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Home away from home
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Think about what you just said: "The building was about 50%". How did those people get mortgages when the building wasn't 70% sold? I stand by what I said - I have several great sources. And while MetroHomes defaulted a few months ago, they didn't formally lose the project until two weeks ago. (A default simply means you missed the due date on your payment.)
Posted on: 2009/6/23 14:43
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Re: City Council to Renegotiate Abatement For Developers
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Home away from home
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trump was around 50% sold when metro defaulted a couple months ago, the bank has been selling since. I dont think the agent would lie to me on something like, as it affects the mortgage you can get, he was sure the building can get a regular fannie 30yr fixed which requires a ~70% sold.
Building is another story, nice lobby that's about it. rundown units, washer in the kitchen LOL, and they asking 500k for 1br. I had a good laugh.
Posted on: 2009/6/23 14:36
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Re: The Beacon
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Not too shy to talk
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There is another open house at the Beacon on Wednesday of this week expressly for the people who couldn't make it on the weekends. Go to TheBeaconJC.com for more information or call (212) 213-9770. Expect to pay a $20 auction fee.
Posted on: 2009/6/23 14:31
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Re: Video: Cabbies duke it out in Journal Square
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Home away from home
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you should catch one of the bum fights in front of JSQ on video...those are more interesting. a couple of weeks ago i took the PATH to newark and stayed there overnight. i saw a bum fight @ jsq both on the way into newark (sat afternoon) and on the way back (sunday afternoon).
Posted on: 2009/6/23 14:30
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Re: Video: Cabbies duke it out in Journal Square
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Just can't stay away
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I was talking to one of these guys, and like much of the rest of the economy, their business is waaaaaay down. I guess competition is fierce.
(i dont have sound on this computer so i have no idea what they are saying... if there is any audio)
Posted on: 2009/6/23 14:23
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Re: Artist lofts?
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Home away from home
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if you want downtown, the cheapest good ones are probably in dixon mills, the area isnt the best but it's still downtown and livable. Make sure you compare, there are so many different layouts in that building.
Posted on: 2009/6/23 14:22
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Re: Video: Cabbies duke it out in Journal Square
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Not too shy to talk
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I suppose your standards for "duking" are higher (lower?) than mine.
Me, I feel a knee to the crotch and a tackle qualify. Plus, there are actual dukes up! Check the stance at 00:45. ;)
Posted on: 2009/6/23 14:19
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Re: Artist lofts?
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Newbie
 
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I'm just looking to work there. By the end of the year, I might be purchasing a letterpress and would need some space to do work.
Posted on: 2009/6/23 14:10
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Re: The Beacon
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Not too shy to talk
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Does anyone have an update as to the interest in the auction this Saturday? I am very interested, but never made it over to even look.
Posted on: 2009/6/23 14:04
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Re: The Beacon
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Home away from home
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Quote:
altessa's area is only 'shitty' if you compare it to downtown. it's better than the surrounding area of the beacon IMO. and lack of transportation? you mean besides being a block away from direct buses to NYC 42nd st, free shuttles to hoboken PATH, and a 2 minute drive to 495 / rt 3 ? i for one think the altessa is actually priced very reasonably. 270K for a moderately sized 1 BR + den isn't preposterous like the 350K+ asked by alot of the jc condos. the downside to the altessa is that the den is tiny (just a small office space), and the bedroom is almost just as tiny. they should have opened it up and made into a normal sized 1 BR instead.
Posted on: 2009/6/23 14:03
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Re: The Beacon
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Home away from home
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The buildings are beautiful... the amenities are top notch...I'm sure the building residents are classy, good people. But the area.. my god, the area. It is a pure and utter sh!thole. There is NO way to sugar coat it. I looked at Condos at the Beacon, and across the street at M650, and would LOVE to live in a condo building like that, but not where they are currently located.
Like wibbit said, and I'm glad I had the foresight to listen, drive around the area at night. Don't walk, because you will have trouble. It is NOT a place you would want to live, amenities be damned.
Posted on: 2009/6/23 13:52
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Re: The Beacon
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Home away from home
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They would be lucky to be a repeat of The Beacon but they can't. We are an historically preserved building with more amenities than any other building I have seen. AND our transportation is easy. We walk out the front door and get in the shuttle.
Posted on: 2009/6/23 13:49
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Re: Video: Cabbies duke it out in Journal Square
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Home away from home
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"Duke it out"??? They gave each other the equivalent of a bear hug. VERY misleading title, and not worth watching.
Posted on: 2009/6/23 13:42
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Re: Can you recommend any A/V company?
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Home away from home
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I know, i know, I have a feeling it will be a real struggle bringing in outside people, but I will do it on principle and then recommend that people not use the hotel because they hold you hostage.
But I would like to get some estimates and then go back to the hotel and let them know what I think. So far though, the customer service of the Westin has been great and the fact that the majority of their employees live in Jersey City cushions the blow a bit.
Posted on: 2009/6/23 13:40
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soshin: Mention guns and bd pops up through a hole in the ground like a heavily armed meercat
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Re: Video shows hit-and-run on Marin
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Home away from home
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Quote:
Let's hope his cellmates get to share HIM in a nice warm bed....
Posted on: 2009/6/23 13:38
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Re: Video shows hit-and-run on Marin
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Just can't stay away
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I bet this idiot was texting or on his phone. Because he truly blew through that light - not even aware of what had happened.....lets hope he gets to share a nice warm bed with his cellmate....
Posted on: 2009/6/23 13:31
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