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Re: Harborside Development Receives $33 Million Tax Credit
#61
Quite a regular
Quite a regular


Is this the proposed 'pile of books' tower?

Posted on: 2013/10/27 16:35
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Re: Flooding on Washington St - Advice needed
#62
Quite a regular
Quite a regular


It did not flood but then sandy was downgraded to cat 1. That apt is 1 Br w/ basement that the owner is listing as 2br. If a room has no windows and no doors, it's not a bedroom. The apt looks nice though esp the outdoor area.

Posted on: 2013/10/1 2:08
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Can one claim damage from building insurance if doesnt have renters insurance?
#63
Quite a regular
Quite a regular


I rented out an apt in a building that recently got damaged because of water pipe burst. It happened because of no fault of the unit owner and building contractor are working to repair the common area.

Our apt, along with many many others, also got damaged. While the owners have insurance, we did not take renter's insurance thinking that owners insurance would be enough. It seems it doesn't. If I had known this, I would have taken a separate renter's question just like everytime before.

My question is that can I claim damages to my furniture and personal items from building's insurance? What is the best way around it? When I called them they said since you don't have renters insurance you can't.

Would appreciate some advice.

Posted on: 2013/9/29 1:46
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Re: A-Condos Jersey City
#64
Quite a regular
Quite a regular


Don't know about the sinking issue but A condo seems to have compromised on the quality of material used during constructions.

Recently, it had a pipe burst on 24th floor and 3 lines of floors, right from 24th to 7th floor (bellow 7th its all parking) have been damaged. Even now if you walk into A condos floor, you will see open walls, switches, connections, etc.

Heard that this is the third time the building got damaged because of the water problem. And it was constructed when? Around 2007?

Also, remember during Sandy, A condos was the last building in the area to get electricity. It is built on a different grid.

Saying it all from personal experience. Lived there for last two years, was about to buy and then decided against it.

Posted on: 2013/9/29 1:40
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Re: Projects around A condos
#65
Quite a regular
Quite a regular


Thanks for your reply.

I had the opportunity to attend the session orgnanized by A Condos where someone from Jersey City Development and Weichart Reality came to speak. Few take outs -

1. While earlier there was a plan to shift some of Avalon Cove buildings (south side) towards the tennis court, and build a tower building, these plans are shelved for now. However, that doesnt mean that there will not be anything that may come up in future.

2. The proposed office building in the marina (south of Newport) may be 10 floors tall.

3. The power house equipment will get shifted in the triangular patch between Green and Washington. The plan is to put it under the ground, however, he believes that may be some part will stay above as well. For now, there is no plan to build any building, but it is open in future and something might come up.

4 MacKali's "Piles of Books" building should be up in the next two years and the construction should start by the end of this year.

5. From the responses and reactions, I gathered that the condo value should go down when all these constructions start coming up.

Posted on: 2012/6/24 0:32
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Re: Projects around A condos
#66
Quite a regular
Quite a regular


This is really some deep info about the area, and I'm glad I asked this question here (I'm new to JC). Thanks for answering it so comprehensively. Appreciate it. Four quick follow-ups -

1. Coming back to the original question, if I plan to buy something in A condo, does it make sense to delay because the new construction around the building will impact its sales price negatively?

2. For all practical purpose, the current view on the east side of the building will get blocked once these buildings come up ("Piles of Books" looks really tall!". Right?

3. None of these residential projects around A condo are condo but rather just rental ones. None. Right?

4. And finally, are there any condo development happening in waterfront JC area at all? I heard that there is some activity happening just beyond Aquablue but I am not sure if those are condos or rentals. And if there are any condos, any idea if one can buy those?

Any ideas?

Posted on: 2012/6/16 8:01
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Re: Projects around A condos
#67
Quite a regular
Quite a regular


all of them?

Thanks for all the previous posters. Appreciate your time! I dont know if investment in A condos east side, which seemed to be the safest of all the direction, is really a good idea with these projects coming up.

Posted on: 2012/6/14 3:23
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Projects around A condos
#68
Quite a regular
Quite a regular


Apart from Marbella 2 on north, 110&111 2nd street in west, are there any proposed projects near A condos? Especially, anything in the triangular patch between greene and washington, or the parking lot opposite Harborside Light rail ?

I heard that an office building on the pier might come up but it will not go above 7-9 floors high. Is this correct?

Thanks!

Posted on: 2012/6/9 9:59
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