Re: Heights Renovation Worth It?
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Home away from home
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I disagree, a home is ALWAYS an investment, and probably most people's biggest investment. It is an asset just like any asset you have, if you invest poorly, you will be poorer.. It doesnt matter if you plan to live in it until you die, you will never know what happens tomorrow that may cause you to sell. If you want to use that argument, than same can be said about anything - i will never sell this stock, i will never sell my gold bars..etc.. until you actually need to sell it.. Regards to the OP question, you need to look at it as a percentage of your current property value. If your house is worth 1mil, 60k is only a 6% and probably a good deal that will increase the overall property value long term. But if you house is 100k, that becomes 60%, then you have to be batsht crazy to make that kind of investment. Kitchen redo + 1 bath are both pretty higher on the list as far as investment vs return is concerned. My own opinion is ~10% or lower of the property value sounds good, especially since you will get enjoyment/use out of it now.
Posted on: 2016/5/16 18:25
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Re: Miso Ramen
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Home away from home
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I went back to miso ramen again to give it another try, and I can honestly say the ramen there is just horrible.
The main problem is their broth - it is completely made from artificial junk, you can taste the chemicals in the soup. To make matter worse, the soup is so greasy and salty. The whole thing is a combination of a sodium overload, greasy oil, and chemicals. I was actually sick afterwards - and i am very tolerant of trying all types of food. If you are looking to kick the can sooner than later, definitely have a bowl of this chemistry experiment every day. It tastes worse than the 99 cent instant noodles in a cup. I really cannot comprehend how so many people think the ramen here is good - they are absolutely FAKE and not how ramen suppose to be. For decent ramen - goto komegeshi on montgomery. And for very good ramen - goto mitsuwa supermarket's santouka takeout in edgewater. There are also many decent ramen places in the city. Anyway to each of his own - i will definitely not be going back there - horrible taste horrible ingredients. No thanks
Posted on: 2016/5/9 18:14
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Re: Whole Foods in JC?
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sht just got real! best new so far this year!!! so happy the metropolis tower next to it is really ghetto though, i wonder if they going to demolish it.
Posted on: 2016/5/5 17:14
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Re: $20M apartment building completed in Jersey City's Bergen-Lafayette section
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shrug, yes it is just my "o·pin·ion".
I took the lightrail pass the foundry stop for many years, and except during rush hours where the people get to the parking, the area does not look safe. Also drove to liberty state park through that area many times, especially during the summer, there are always gangbanger types hanging out on street blocks. To each of his own, i grow up in jamaica queens and went to school there which was a rough neighborhoods back then, got 15 yearolds walking around with flip blades as common as kids carrying cellphones nowdays. So i have some context, and that area is not safe in my "o·pin·ion". You are of course free to disagree with, and run around there at 2am to prove i am wrong, i could careless heh.
Posted on: 2016/4/28 21:50
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Re: Mitsuwa
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Home away from home
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Goto the h mart north of the washington bridge, that's the best one. It has awesome season, including LIVE abalone, crabs etc..at very very cheap price, among many other specialty items.
Posted on: 2016/4/28 21:40
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Re: PRESERVATION OF POWERHOUSE TO BEGIN
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i think we will both grow old before either of those happens.
Posted on: 2016/4/28 21:37
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Re: PRESERVATION OF POWERHOUSE TO BEGIN
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same as everything in jc - great idea/vision, piss poor (or nonexistent) follow through. This is a no brainer to turn it into a mini highline - similar to what nyc did. but of course nothing ever got done as far as i know - started in 2010 i remember, just politics and wasting tax payer money on legal battles that amounted to nothing. I stopped follow up on this after a few years when it's obvious this will remain as a strip of abandoned overgrown weed patch. was there any progress at all recently by some miracle?
Posted on: 2016/4/28 18:24
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Re: $20M apartment building completed in Jersey City's Bergen-Lafayette section
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Home away from home
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The market is very hot right now, so you can build and rent anything. But during a recession / downturn which will come, those units / neighborhoods will be the first to suffer - just look at foundry, beacon, m65 lofts etc.. they were corpses during the 08 downturn that only came back as zombies recently given how overheated everything is. Some still havent even close to recoup the cost from the downturn. I guess as a renter it doesnt matter as much, i just dont understand why anyone will live in that area which is still unsafe (you can argue until blue in the face, but it's true), and isnt very walkable.
Posted on: 2016/4/28 18:14
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Re: PRESERVATION OF POWERHOUSE TO BEGIN
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you are not preserving any history - all the iconic features of the building are long gone. Baltimore's project as someone said, majority of the original structural remained intact. All you are doing is sticking another giant high rise in that tiny space. Whatever is left of the powerhouse will be a joke. I am fine with both options actually, as long as something gets done. I just dont think option B is feasible unless they build more than 1 tower or significantly increase the height/density to get more units in. Why do you think developers are dragging their feet, when you got highrises going up all around in the last few years.
Posted on: 2016/4/28 15:41
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Re: PRESERVATION OF POWERHOUSE TO BEGIN
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1) The developer selected - Cordish Companies, is the same developer responsible for successfully developing the baltimore inner harbor project you all are raving about. 2) You got the 2nd part right, the financials still not feasible for any private developers to invest in this. So options: A) demolish and put some trees/green space. B) keep the shell of a building, and stick another trump III highrise on top of it to make it feasible for development. I choose A).
Posted on: 2016/4/27 22:25
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Re: $20M apartment building completed in Jersey City's Bergen-Lafayette section
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who the heck will pay $1600 for a 1br in this shthole? might as well just move to bayonne which is a few lightrail stops away for the same rent, then at least it's safe and has ok supermarkets/daily shopping
Posted on: 2016/4/27 22:17
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Re: PRESERVATION OF POWERHOUSE TO BEGIN
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yes so "firggin easy" - just to show how out of touch and clueless you are. No point to even continue this discussion, it's just a waste of time.
Posted on: 2016/4/25 18:20
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Re: PRESERVATION OF POWERHOUSE TO BEGIN
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Home away from home
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No it cannot. Some of the replies here just shows how clueless and ignorant the advocates understand the situation. You all keep saying we can turn it into this and that, to "easily" restore it. Yet continue to keep your head in the sand and ignore reality - 1) there is NO MONEY to restore it 2) it NEVER will be feasible in term of economics for any private developers to step in. Why do you think it's been sitting there for 10 years without any developer touching it? while the whole area next to it were built? So it's all great you think we can turn it into a theater, museum, whatever. The reality is it will just sit there for another 10 years as a dangerous abandoned warehouse while the clueless continue to scream - protect and restore without offering any real solution or path forward.
Posted on: 2016/4/25 16:25
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Re: PRESERVATION OF POWERHOUSE TO BEGIN
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i have said it many times, this whole project is a complete joke and will never be practical. All it does is waste money with nothing to show for it.
Meanwhile this dangerous structure in the middle of a high density residential zone, directly on top of the path transformers / main traffic lanes, and in an area that is very susceptible to high winds are allowed to continue to deteriorate. It is both a major hazard and a boon to all the residents living near it. It has become a complete garbage dump, that smells in the summer, and also blows the garbage everywhere when it is windy. Someone needs to grow some balls, and tear it down, cover up the transformers in a safe structure, connect the triangle area (another garbage dump) next to it, and put a grass field or plant some trees. God knows we need some green space in that area, with at least 5 highrises (1 mega high density) coming online in the next 2 years, on top of the existing highrises already in place, and ZERO park/green space. All those historical preservation nutjobs be damned, it's an abandoned brick warehouse, all the cool features like smoke stacks and large glass window are already completely destroyed. I want those "advocates' to live there for a few weeks and see how they like it.
Posted on: 2016/4/21 14:24
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Re: Best countertop material for re-sale value?
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brewster or anyone, i need some advise on a full kitchen renovation.
This time it's for my own kitchen not investment property, so i want go a bit high end. I plan to order cabinets from cabinets.com and countertop from a TBD source myself. But i am not sure how that will go with contractors, do I just tell them to go pickup the countertop from the store i ordered from? and the cabinets will be shipped to my house. What is the normal accepted process with contractors, can i buy my own kitchen cabinet and countertops? I am just lost in the logistic details on how to properly size/order the cabinets/countertops and how the contractor will get them. In the past, i just get an all-in quote from the conractor and off they go and does everything.
Posted on: 2016/4/7 16:36
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Re: Best countertop material for re-sale value?
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granite will always be the best.
Posted on: 2016/4/6 18:20
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Re: Mitsuwa
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mitsuwa is an addiction, i must..have to go.... every 2 weeks to get their ramen (best), shrimp tempura (best, supposely from the guy who invented it), and the raw fish rice box (best).
The supermarket is also awesome, lots fresh stuff you cant get elsewhere. I loved the place so much, i am buying a townhome next to it. Edgewater real estate is getting very expensive, but the ability to walk to mitsuwa is priceless to me :) That said, I think the management/people in mitsuwa are very stubborn and have no business sense. 1) The popular food places refuse to take credit card, only cash, which slows down the line a lot. 2) They refuse to hire more people, you have lines going out the back, and they have ONE old lady taking orders for both shrimp tempura + raw fish boxes AND preparing the orders. So basically she would take 1 order from shrimp tempura line, prepares some stuff, take another order from raw sushi box and prepare something, meanwhile the lines going out the back. It's borderline retarded (not the lady, but the setup). Whoever is managing those food places, should just spend 5 minutes in a mcdonald or any other fast food place...seriously. 3) Same for the supermarket, on weekends you got lines going around the block always, yet they only open 2-3 registers instead of getting a few more cashier. Very stubborn and arrogant management who refuses to improve their process. But no choice, because the food are so good, i am a slave to it.
Posted on: 2016/4/1 15:52
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Re: Chris Christie expected formally end presidential bid today
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sanders is a nutcase with no sense of reality
clinton/kasich is the same politician who will do exactly zero for this country in the next 4 years cruz is shady, he's the most dishonest. It's all a show to win, he doesnt care about any principals. He also tried to shutdown the government (bring down the country) for selfish gains, and luckily backfired. rubio is a little kid, he should not do the 180 and start attacking trump with stupid sht like small hands. It just makes him look even weaker. trump is chaos, if he wins there will be chaos, maybe that is good but most likely very dangerous. Summary - all of them are horrible. Bloomberg needs to run, he's the only one with the brain, seriousness, and integrity to actually do something good for the country. He ran nyc like a machine - efficient and effective, did tons of good.
Posted on: 2016/3/4 22:28
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Re: TALDE JERSEY CITY
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you must also consider chewing down tree bark dipped in a bottle of salt amazing. the food there is absolutely the worst, even the 99 cents instant ramen taste better and preferred over the **** they serve in talde at $20 a plate.
Posted on: 2016/3/3 17:01
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Re: Chris Christie expected formally end presidential bid today
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trump must have promised christie the vp position, that's the only reason i can think of that makes christie follow him around like a lost puppy.
so much for the tough guy prosecutor...now he's trump's little puppy to be kicked around on live tv. so sad...
Posted on: 2016/3/2 4:08
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Re: Miso Ramen
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it was alright - not i-am-eating-vomit talde bad, but also nothing special. Just your fast food instant ramen variety. The broth is a chemistry experiment, noodle they did make it fresh in house i believe, topping is the chinatown takeout quality.
Nothing special, definitely does not warrant the hype of long lines and 30 min to get a bowl after ordering. For local ramen, komegeshi on montgomery is still many times better. And if you venture further out to flushing/chinatown, there are many good options. PS: i got the oxtail raman, dont bother, get some cheaper option instead. It's no way authentic, they just put a few thin slices of beef in it and charge you $18.
Posted on: 2016/2/29 21:30
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Re: Promising condos in JSQ?
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Home away from home
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1) " I've line up a smart, knowledgeable realtor" - meaningless, only thing that matters to them is a sale and commission. Use a realtor as a telephone between you and the seller, do not base your decision on anything the realtor tells you as fact. Always perform your own dd, whether it's the building, hoa, etc.. 2) I know the area very well, your choice for condos near jsq path that are walkable is very limited and as follows A) Canco loft - The newest and most luxury construction. Downsides 1) price is well above area average (rule#2 never buy the most expensive property in the area) 2) location is not great right by the highway near an industrial area and a decent walk to the path 3) bigger issue is the condo fees are very high, which affects the overall property value. B) 75 Liberty ave - cheapest of the condos, you can get a 2br for a decent price. Downsides 1) Location is same as canco loft b) It's not a highrise building, only a few floors, and units all require extensive renovation C) St Johns (201/225 st pauls, 10 huron) - closest to the path, highrise doorman condo, cheaper condo fees, middle price point. Downsides 1) Although lobby/hallways are all renovated recently, units are still old, unless you buy new renovated, expect to perform a full renovation. 2) no washer/dryer in the unit. Conclusion - i agree with yvonne (wow!), st john is the best bang for the buck near jsq path. There are also few walkup / <10 unit buildings that are nothing more than a large house. I would not consider them if you are looking for a condo, unless price is the only factor.
Posted on: 2016/2/19 20:07
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Re: Chase branch closing in Old Colony Mall
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wholefood!
Posted on: 2016/2/18 15:45
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Re: Whole Foods in JC?
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lol if jsq gets a whole food before waterfront.../choke
Posted on: 2016/1/28 7:05
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Re: Whole Foods in JC?
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That will be epic!!!! I just wet myself.
Posted on: 2016/1/27 6:19
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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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prices are high given the location is not waterfront or even next to grove path.
cant speak for construction quality seems to be better than the junk that is the gannon. given how hot the market is, they will probably sell it though.
Posted on: 2016/1/5 17:08
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Re: The Beacon
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oh geez not you again, i am not going to waste time engaging you anymore in your reality distorting fantasies. You live in your own lala land. I lived in jersey city for 10+ years, know the area very well. Readers can make up their own minds if that area outside of the beacon is safe or not.
Posted on: 2016/1/4 19:24
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Re: The Beacon
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Home away from home
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yeah ok....if you say so.
Posted on: 2015/12/31 16:22
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Re: The Beacon
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You need a car living around that area. I am not trying to be cynical but it is NOT safe especially after dark if you walk around. All it takes is 1 unlucky encounter to ruin your life. Majority of the people living in the beacon zooms in and out in their car/jitney to downtown jersey city.
Posted on: 2015/12/31 5:09
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