Re: P O W E R H O U S E
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Cordish did Baltimore Inner Harbor in the theme park/Vegas style, indeed. Terrible kitsch. Hopefully because JC Powerhouse is on the National Register of Historic Places, they won't be allowed to put their garish neon signs all over it. I know, it's better than it being in ruins, but still...
Posted on: 2006/7/22 23:35
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P O W E R H O U S E
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Powerhouse project gets developer
FRESH START Friday, July 21, 2006 By JARRETT RENSHAW JOURNAL STAFF WRITER The outlook for the long-dormant Powerhouse in Downtown Jersey City got a little brighter this week after the city Redevelopment Authority designated a developer with a lengthy track record for successfully transforming industrial-age buildings into modern entertainment complexes. City officials say the designation of Baltimore-based Cordish Companies - a key player in the turnaround of Baltimore's Inner Harbor - represents a fresh start for the long-troubled Powerhouse project, which is widely considered the cornerstone of the Powerhouse Arts District. "This is a turning point for the Powerhouse Arts District and all of Jersey City," Jersey City Mayor Jerramiah Healy said in a written statement. "Their work at the Inner Harbor in Baltimore is world class and we expect nothing less in Jersey City." News of the designation was greeted warmly by members of the community who have long fought to see the site both preserved and used. "It's excellent," said John Gomez, founder and former president of the Jersey City Landmarks Conservancy. "We actually visited with Cordish back in 2000, hoping they would come aboard." The current president of the Conservancy, Joshua Parkhurst, agreed. "I am glad to see the process is moving along and I hope that the builders will come to the community groups and include them," he said. Officially known as the Hudson and Manhattan Powerhouse, the one-acre building on Washington Boulevard stands 140 feet tall. Built in 1906 to provide power to the Hudson Tubes - the predecessor to the PATH - the building is structurally sound, though a leaky roof has caused extensive corrosion. The details of the redevelopment project are still being negotiated, but informal plans call for a multi-level mix of entertainment and retail. Its listing on the National Register of Historical Places also means it will restored under U.S. Department of Interior guidelines. The project has long been hampered by the fact that the city's partner, the Port Authority of New York and New Jersey, houses its transformers for the PATH system at the site. The Port Authority is spending $400,000 for a consultant to conduct a review of the site, which will look at alternative places for the transformers and the agency's projected power needs in the future, said Steve Coleman, a spokesman for the Port Authority. "From our discussions with the Port Authority, we are optimistic that the issue would be resolved," said city Corporation Counsel Bill Matsikoudis. It's too early to put forth a timeline, but if and when the transformer issue gets resolved the project will begin to catch momentum, said JCRA Executive Director Bob Antonicello. How the transformer issue is resolved, along with a host of other considerations, will help determine how the project gets funded. City officials said they expect to lease the space to Cordish, but they would not speculate on other funding formulas. The JCRA had previously designated a Pennsylvania-based developer at the site, but Antonicello said the project was too large and the city had to find them in default of the agreement.
Posted on: 2006/7/21 20:38
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Re: Condo Shopping Observations
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The flipping exchange is still there.... http://www.condoflip.com/ "Bubbles are for bathtubs!".....
Posted on: 2006/7/13 22:18
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Re: Three 40-plus story towers on 110 and 111 First Street sites.
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I concur here. My bad if I made a different impression with my post. Whenever I read the Council proceedings, councilwoman Richardson always votes for and supports low-income/artist housing. Her efforts should be applauded. I think that Mr Fulop is also very sensitive to community needs. Can someone post some information on how SoHo has managed to keep artist housing available to this day? Sure it is very expensive nowadays, but I think many units are still below market and restricted to artists. There are also many very upscale galleries in SoHo and Chelsea, and hopefully PAD can take a piece of that market. The bottom line is that powerful market forces are at play in downtown JC. I think that it is unrealistic in the current boom to expect that PAD will be exclusively devoted to arts. The likely outcome is that some units in the re-developed PAD area will become available to successful artists (who can afford them). The struggling artists won't be able to afford to live in PAD. The heady days of 111 First are gone. Jersey City has changed. The good news is that there are still many wonderful old industrial buildings in Harrison, Kearny, Elizabeth, Newark, Paterson, Passaic, Lodi, etc, etc which the artists can "colonize". Perhaps the artists could try to get money and loans together and buy an old industrial building in distress if at all possible. If you can't beat'em, join'em....
Posted on: 2006/6/30 20:10
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Re: Three 40-plus story towers on 110 and 111 First Street sites.
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# 1 - Since when, in the history of world, is that a surprise??? #2 - is PAD really "the will of the people"? It's a result of a vote of a dysfunctional City Council, whose PAD vote was apparently struck down by a judge because the voting members were not properly elected. Losers. Don't blame Goldman, blame the JC dysfunctional politicians. It's like taking candy from a kid.
Posted on: 2006/6/30 18:13
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Re: Assault/wilding incident on 9th and Erie
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My hero. But it's spelled Goetz. "You don't look too bad, here's another". Interestingly, all of his attackers with the exception of the one whom Goetz had paralyzed, went on to rape and rob. Kids??? You got to be kidding me.
Posted on: 2006/6/30 17:29
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Re: Assault/wilding incident on 9th and Erie
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Why are we calling predatory thugs "kids"?
So that we don't offend them or their apologists? Somebody hits my wife with a pipe or a brick on the head and I'd blow them away. With glee. Age notwithstanding.
Posted on: 2006/6/30 15:06
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Re: Three 40-plus story towers on 110 and 111 First Street sites.
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On another board, JCMAN320 wrote:
>>I was there and the city wound up agreeing to the settlement 6-2 once council person absent to avoid fines and fees. The world class architect will be David Childs. and it will a 60 story tower with 1,250 units for artists and affordable housing at the base with a caberet and huge gallery space at 111 first street and it would blend in with the industrial feel and the tower would be condos. At 110 will be a 20 story tower with a sculpture garden and restaurant over looking it.<<
I love it. It's better than a battered and dilapidated warehouse full of "artists".
David Childs (if it happens) can put JC on the map architecturally speaking; the "artists" (from what I've seen of their "art"), won't.
Posted on: 2006/6/30 1:09
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Re: Peruvian: Ceviche's, in the Heights
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Last time I went there, the waiter said they were very busy on the weekend. That's a good thing, because Ceviche's is one of those places I'd want to thrive in JC. Not bastardized chain joints, or expensive ripoff places, but authentic, ethnic, friendly restaurants in the not-too-expensive part of town. On my last visit the waiter/bartender (yes, they do have a liquor licence) bought me an espresso while I was waiting for the takeout to be prepared (as I am a repeat customer). They've been open about 1 year, IIRC.
All in all - please patronize them if you can. And no, I am not associated with the place.
Posted on: 2006/4/18 11:02
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Re: Ordinance for Security Cameras - Steven Fulop
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I propose installing security cameras in everyone's bedrooms and bathrooms, so that you don't do drugs or other untoward activities.
Signed Big Brother
Posted on: 2006/3/16 1:41
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Re: Amid the Glitter, JC's Growing Pains
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You are either kidding or are a Fulop operative. If you want to mainain any semblance of political impartiality of this website, you'll need to refrain from comments like that.
Posted on: 2006/3/5 15:57
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Re: How much impact will "The" Golf Course have?
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LNGC (Liberty National Golf Club) will have minimal impact on JC RE other than, of course, on Port Liberte, which the golf course virtually surrounds, and on the future Residences at Liberty National (condos $1.5 mil to $5 mil), which will solely depend on LNGC from the marketing point of view. There are some houses in Greenville and Bergen-Lafayette which have a view of the golf course, and so LNGC will have a positive impact on their marketability. But if they have views of the course, then they also have views of Manhattan, which is far more important. Having said all that, I would not sell Mr Fireman (owner of LNGC) short. There WILL be major PGA tournaments played at LNGC, there WILL be a huge marketing blitz when they start selling the condos and attracting the PGA Tour to the site, and there WILL be major buzz about JC in general on National TV when they televise the Ryder Cup or other tournament at LNGC. How your 13K sq ft shack on Princeton Ave will be affected, I dunno.
Posted on: 2006/3/5 14:39
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Re: Amid the Glitter, JC's Growing Pains
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jcaro28 - I could not agree more. I get physically sick looking at all the garbage lining JC streets. It definitely starts with the basics. But crooks are running this city, and have been for decades. Until more business and educated workforce comes in, and we have electorate and political candidates that ACTUALLY THINK and want to improve things - things are not gonna change. The crime is about as bad now as it was when there was NO waterfront and NO million-dollar condos. How the f***k is that possible? Where is all the tax money going?
Posted on: 2006/3/4 23:38
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Re: God bless Sam Lefrak and JC developers of yore.
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While Kermit's point is well-taken, the Lefraks bought the land on JC waterfront when there were not many artists or gays here - just crime, weeds, and trash. The issue is more complex than just artists and gays - the TRUE visionary buys and develops the land before anybody has any idea - artist, gay, or otherwise. That's what the Lefraks did. Now, Newport leaves a lot to be desired from the architectural point of view - but the point remains that Lefrak had the vision. More power to him. Having said all that - following the gays to make a killing in real estate is the oldest game in town. The examples of that are countless. Hudson, NY is one of the most recent. Maybe Rabbitx2 can give us some RE investment tips?
Posted on: 2006/2/24 23:54
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DEADLY BULK CHEMICALS IN JERSEY CITY RESIDENTIAL AREAS!
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Jersey City is criss-crossed by active freight rail tracks, all of them west of the Turnpike Extension.
I was just stopped at the rail crossing today and had some time to look at the 60,000 lb tank cars slowly passing by. I saw tank cars full of Phosphoric Acid, Sulfuric Acid, Phenol. Probably 1,000,000 lbs combined. On one train. I did not see a Chlorine Gas tank car, but I am sure they are there. One ruptured tank car like that (whether by accident or a terrorist act) could wipe out thousands of Jersey City residents. Who dies, would depend solely on the wind direction at a time of such an event. Why in the world are there laws allowing such extremely dangerous bulk cargo to be freighted through one of the most densely populated areas in the US??? Even a brain-dead terrorist could pull a stunt dwarfing 9/11 in terms of human casualties. And, just to make sure it is clear that I know what I am talking about, I am a PhD chemist and am intimately familiar with the above chemicals, and many, many more. What are Jersey City politicians doing about the deadly cargo in our midst?
Posted on: 2006/2/18 20:02
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Re: OPEN JERSEY AVENUE TO LIBERTY STATE PARK!!
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Not connecting the Philips drive and Jersey avenue puts all the traffic into the densely-populated, poor area of the city (bergen-Lafayette).
Sounds like environmental racism to me. The extension was proposed before, but "activists" like Mia Scanga successfully fought against it. I am for it, and am willing to speak up for it if it ever comes up again. But it makes too much sense, so it probably won't happen. My hope is that the future Liberty Harbor North residents will push for it, and that the Bergen-Lafayette residents will demand a stop to the ridiculous detour through their neighborhood. And, BTW, the argument about people using it as a short-cut for Holland Tunnel is a BS argument - that's what the Columbus Drive exit is for... (grin).
Posted on: 2006/2/18 15:30
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Re: JERSEY CITY TO JETS: LAND HERE
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I just found out that I cannot edit my previous post due to time limit on editing posts(???) - I wanted to add this excerpt from the Jets:
>>?We have been heartened by the genuine interest of so many towns to welcome us as their neighbors,? said Jets President Jay Cross. ?After conducting a comprehensive search which took us to more than 40 sites across New Jersey, we feel that these five most closely meet our specific needs. Over the next several weeks we will further evaluate each of them. Wherever we end up, we look forward to becoming active and engaged New Jersey citizens.?
In addition to the new state and local tax revenues generated by the practice facility, the Jets are committed to community involvement through the support of civic charities as well as implementing established Jets initiatives to fight hunger and improve education and fitness. The Jets also support local football teams with coaching and kids clinics, local Coach of the Week Awards and free community access to training camp during the summer months.<<
I'd think that would be a good thing for JC in general, and Greenville and Bergen-Lafayette in particular.
But this may be OT, since this is a Downtown JC group (end sarcasm).
This group is great in bitching about JC crime, but doing little about it.
Wanna do something about it? Then write to Healy, and everyone elso you can think of, and get the Jets into Greenville, "activists"!
Posted on: 2006/2/14 17:37
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Re: JERSEY CITY TO JETS: LAND HERE
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There is one more good reason why the Jets should choose the Caven Point location.
The Jets have been known for their community involvement, holding clinics, Open Days, contributing to local charities, etc, etc. Only in JC will they have a chance to LOCALLY work with urban youth, who will literally be their neighbors. The way I see it, this will be the Jets' chance to make a meaningful, positive impact on their OWN neighborhood by providing leadership, role models, and perhaps entry-level jobs to the urban youth of JC. Mr Hurley has been trying to do it for years; the Jets' impact can be much more powerful. The other 4 candidate locations are more suburban - not to say there are no worthy causes there, but there is certainly no desperate need for role models and opportunities like there is in Greenville and Bergen-Lafayette.
Posted on: 2006/2/14 14:04
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Re: History of www.187warren.com
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I agree. And for location, at $570/sqft it is fairly reasonably priced in this insane market. Liberty Terrace is pushing $1,000/sqft (albeit with unobstructed views). Again, as Justiceiro said - nothing malicious was intended by me. Market is what the market is and information is freely available. Wayback Machine is a great tool and I thought I will share its usefulness using the example of www.187warren.com which reflects the ups and downs (so far mostly ups) of JC RE market. Edit - BTW, if I check enough websites like yours I can get an excellent feel for the market. When the property I like comes on the market I can make a proper offer (ie lowball them like hell if the property has been on the market long and has been reduced a few times or make an offer closer to the asking price if the circumstances warrant). It's all business.
Posted on: 2006/1/12 19:52
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Re: History of www.187warren.com
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You're wrong. I bought a 1625 sq ft condo in JC with killer views in Dec 2003 for $535K and recently a similar property was appraised at $850K (in line with this insane market). Similar accusations of being a piss-poor "renter" are leveled by flippers every time at everyone who predicts cooling/decline of RE market. Look - I hope you guys make your money on both your properties which pop up on Google every time you put Paulus Hook into it. But you live in the public spotlight, you die in it. Can't have it both ways. No apologies from me will be forthcoming. You can expect more scrutiny though (as long as public data is available in a few keystrokes).
Posted on: 2006/1/12 19:44
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Re: History of www.187warren.com
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Sooner or later some people will HAVE to sell. Then it'll get interesting. Buyers will have no mercy, just like sellers had no mercy in the past several years. Gotta love the market.
Posted on: 2006/1/12 17:03
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Re: History of www.187warren.com
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The seller wanted to save some $50,000 in realtor's commission by doing a For Sale By Owner deal with his own website. Perfectly understandable. His websites pop up on Google (premium banners) if you put keywords such as "Paulus Hook" or "Port Liberte" into Google. Fine.
But that puts his websites and real estate dealings under public scrutiny, of which this thread is an example. These days info is available in a few keystrokes. Scary indeed, but nothing malicious was intended by me starting this thread. Just a consequence of doing business in the public domain. BTW - I think Steve scored a hell of a deal by buying his unit at Liberty Point for the then asking price (before the upgrades, I presume).
Posted on: 2006/1/12 0:41
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History of www.187warren.com
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There is a very cool tool on the Internet which archives billions of websites. I thought it would be interesting to track the pricing of condo # 407 at Liberty Point in Paulus Hook, which has been advertised for sale since Feb 2004.
From the Wayback Machine: Jun 15, 2004 - $859K Sep 24, 2004 - $958.8K Jan 23, 2005 - $958.8K Feb 09, 2005 - $958.8K Mar 16, 2005 - off the market Jan 11, 2006 - $910K Nice curve. If Steve's pricing follows the market, then it looks like the bubble started bursting sometime last year... Check out the Wayback Machine at www.archive.org. Enter www.187warren.com or any other URL of your choice for a trip back in time and some cool info.
Posted on: 2006/1/11 23:11
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Re: Golden Cicada Help from ACLU
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Nice catch Annod.
Kudos to Healy on this one. It was insane from the beginning, and a PR disaster for the City and those clowns, the Prep. I think the Prep told them to stop - too much bad press. PS - they'll party like it's 1999 tonite at the Golden Cicada...
Posted on: 2005/11/5 16:01
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Re: The $2.3M Condo In Hamilton Park?
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great deal if you need a skating rink....;) amazing properties though. Particularly the one for $9 mil close to Turnpike. Did they add a zero by mistake?
Posted on: 2005/10/19 0:48
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Re: $2M Brownstone In Paulus Hook?
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It seems to be on the market for $1.85M www.15warren.com
Posted on: 2005/8/1 15:39
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