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Re: Jersey City mayor-elect orders end to citywide reval
#61
Home away from home
Home away from home


Several folks here have said that 1/3 will see tax increases, 1/3 stay flat and 1/3 see decreases. They've also said that the net amount of taxes collected by the city will remain unchanged. But this method seems antithetical to the reval's goal of ensuring each and every home pay 2.1% of its assessed value in taxes.

Hypothetically, say all the homes DT are paying just 1% of current value in taxes. All these homes are hit with a 110% increase in taxes to bring them up to the 2.1% level. Now lets say all the homes in the Heights, JS, GV and BL have at least retained the value they had at the last reval in 1988, so their 2.1% tax rate is still appropriate. This means their tax bill stays the same. In this scenario no one gets a tax reduction - all that happens is that the City raises a ton of new tax revenue from DT.

Folks on this thread have said homes in GV and the Heights are paying a disproportionate percentage in taxes above 2.1%. Is this actually the case? If I understand things correctly, for this to have occurred, these homes have to have a lower value today than they did in 1988 meaning that their current tax burden is northward of 2.1%.

I would have thought that almost every home in JC has appreciated at least somewhat since 1988 - even on MLK and Ocean Ave. Are their really any areas of JC where you will find a house assessed today at a lower value than it was assessed 28 years ago - and consequently paying more than 2.1%?

The point I'm trying to make is, just because DTJC is underpaying on its tax, it doesn't necessarily follow that the other hoods are consequently overpaying on property tax and are due for a tax reduction. The under-taxation of DT has no bearing on whether homes in Greenville are paying 2.1% of their assessed value or not - the relationship between the two is not causal.


Posted on: 2016/4/13 18:00
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Re: Jersey City mayor-elect orders end to citywide reval
#62
Home away from home
Home away from home


Quote:

heights wrote:
Quote:

brewster wrote:
Quote:

heights wrote:
I'd say you paid around $850,000 so expect to pay $13,000 when they reval your property to market value.


Heights gets to stay after school and clean the erasers. You paid $475,000. Yes, expect to pay around 2%.

You're right I doubled the price instead of cutting it in half. Fulop paid around $700k but is only paying 1% of what he paid in taxes


Nonetheless, I appreciate both Brewster and Heights taking the time to answer my question.

And Heights, I would never be so rude to insinuate that you and the Troll Balcer are married. Thanks again.

Posted on: 2016/4/10 5:55
 Top 


Re: Jersey City mayor-elect orders end to citywide reval
#63
Home away from home
Home away from home


Well since we are now just asking the old-timers for advice on how it all works, our place has an assessed value of $93,000 according to the city website (I assume that was the 1988 valuation?). We paid $7,600 in taxes in 2015, which works out at 8.1%.

Obviously that is not the correct metric. Our tax bill relative to what we paid to buy our apartment in 2014 works out at 1.6% - I'll leave it to you to figure out what we paid .

So the question is, are we expecting a kick up to somewhere around 2% of our purchase price? So somewhere in the vicinity of $9,000...? Only major improvements have been an HVAC - replacing a 30-year old compressed air furnace and adding an AC compressor. No structural work since the unit already had a vent system to deliver the heat and air to each room.

What say the JC lifers? Given some of the horror estimates on this thread, I'm thinking a $1,400 increase might not be so bad...

Posted on: 2016/4/9 22:39
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Re: Balcer Belches on NJ.com
#64
Home away from home
Home away from home


Quote:

bodhipooh wrote:
Quote:

Pebble wrote:
I really don't understand why Yvonne is given space in the newspaper when she's routinely proven to be a liar. It is uncanny how little she knows about history and what really occurred, instead preferring to go with her memory of what she believes to be what happened.


Do you mean like the time she claimed a German U-Boat was responsible for the Black Tom explosion in 1916!?!

When shown otherwise, she ignores the truth and moves on to something else. She is a textbook example of a megalomaniac.

(Prediction: she will reply with something that will include at least one of the following: "I feel sorry for you", "You use a phony name, I use my real name", or "I know my history")


I thought I'd heard it all from her with the "I was a public school teacher in JC for decades" statements - despite her inability to construct a basic grammatical sentence - until she mentioned that she sent her own children to private school. That was priceless.

Reminded me of the Groucho Marx dictum: "I wouldn't want my kids to be part of a club that would have me as a member." Well played Yvonne, well played.

Posted on: 2016/4/6 22:52
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Re: No water pressure - HP
#65
Home away from home
Home away from home


Quote:

DtJcQdMf wrote:
It's back up in HP.


Much appreciated. PATH didn't smell too good this morning...

Posted on: 2016/4/6 22:38
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Re: No water pressure - HP
#66
Home away from home
Home away from home


Anyone know if the pressure has been restored in HP?

Posted on: 2016/4/6 22:05
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Re: Jersey City mayor-elect orders end to citywide reval
#67
Home away from home
Home away from home


Quote:

third_street_hats wrote:
Quote:

bodhipooh wrote:
Quote:

SOS wrote:
The State of NJ ordered a reval for JC and two others on Monday:

N.J. to order property tax-changing revaluations in 3 municipalities

http://www.nj.com/politics/index.ssf/ ... s.html#incart_river_index



If guess that if the November 2017 deadline is enforced, then 2018 will be a very interesting real estate market for DTJC.


I know you've floated a 2.1% number around before. I've just begun looking to purchase a 2br downtown. A lot of places I've seen, based on asking price, have rates that fall in the 1.2-1.6% range.

I can certainly factor in the potential increased rate to what we can afford, but is there any benefit if we hold off another 18 months to see what happens here?


We bought our 2br downtown in March 2014. Our tax rate is 1.61%. I had assumed since we bought our place only two years ago, the tax rate would have been readjusted to factor in the sale price at that time, so any reval should have minimal impact on us. Now I begin to get the sense that this may not be the case...

Posted on: 2016/4/4 16:49
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Re: Golden Cicada Closed?
#68
Home away from home
Home away from home


I'm in the Cicada right now and Terry insists reports of his demise are massively exaggerated...

He says you can't keep a good man down.

I await the feminist response....

Posted on: 2016/4/2 4:07
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Re: Golden Cicada Closed?
#69
Home away from home
Home away from home


Quote:

JCman24 wrote:
Quote:

Voyeur wrote:
Quote:

JCman24 wrote:
Quote:

TheBigGuy wrote:
Quote:

JCman24 wrote:
Quote:

tommyc_37 wrote:

I don't know if that was the "Chinese fire water" talking or not...but, oh well.


What? Seriously?


Uh oh... I think some one is trolling to be offended on JCList. If you know Terry, he has a special blend that he calls "Chinese Fire Water" behind the bar. The quotes were aimed at those of us who have ever tasted it... and "survived" Lighten up.


Terry's not Chinese, so it's still offensive.


You're offended because a Malaysian bar owner ocassionally challenges his patrons to drink a shot of something he himself calls Chinese Fire Water? You're a precious little petal, aren't you?

How about Tommy, Big Guy and I all calling you out for being a faux outrage troll douche? How offensive is that exactly?


You should talk to someone about your anger issues. Seriously.


You?re right ? I should speak with a psychiatric professional to work through these aggressive tendencies. I need help and it?s time I admit that to myself. Thanks for making me realize I have problem JCman24.

Perhaps once I?m better adjusted and restored to a sounder mental footing, I?ll be able to stalk threads on online forums purposefully looking to read something not even mildly offensive that will stir a profound sense of indignation within me and spur me to chime into the debate ? not to add anything of substance to the discussion, of course ? but just to let the others know I outraged I am by something they?ve said.

So thanks again for your concern JCman24. You?re the paragon of mental wellness to which we should all aspire.

Posted on: 2016/4/1 14:15
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Re: Golden Cicada Closed?
#70
Home away from home
Home away from home


Quote:

JCman24 wrote:
Quote:

TheBigGuy wrote:
Quote:

JCman24 wrote:
Quote:

tommyc_37 wrote:

I don't know if that was the "Chinese fire water" talking or not...but, oh well.


What? Seriously?


Uh oh... I think some one is trolling to be offended on JCList. If you know Terry, he has a special blend that he calls "Chinese Fire Water" behind the bar. The quotes were aimed at those of us who have ever tasted it... and "survived" Lighten up.


Terry's not Chinese, so it's still offensive.


You're offended because a Malaysian bar owner ocassionally challenges his patrons to drink a shot of something he himself calls Chinese Fire Water? You're a precious little petal, aren't you?

How about Tommy, Big Guy and I all calling you out for being a faux outrage troll douche? How offensive is that exactly?

Posted on: 2016/4/1 12:00
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Re: Golden Cicada Closed?
#71
Home away from home
Home away from home


Say it isn't so! He was fighting St. Peter's Prep for all those years.... He had the picture of the high rise that he wanted to build up on the wall - I can't believe he would throw in the towel.

The night Sandy hit, my wife and I were drinking in there with Terry. He had his huge book collection brought up from the basement and they were stacked on the tables because his basement had flooded during Irene. He was the only bar downtown that was open, bless him.

We left about an hour before the storm surge came. The saddest part in the days after was stopping in to see Terry, the bar trashed from the surge, a bunch of young adults in there volunteering to help him clean up, and his beloved book collection completely ruined. His banged up old Mercedes never left his little yard after that night.

The man is a JC legend. Farewell Terry - you will be missed.

Posted on: 2016/3/30 19:24
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Re: The gentrification of ward A & F... The newbies vs the old timers.
#72
Home away from home
Home away from home


Quote:

user1111 wrote:
Quote:

South_Sixth wrote:
A shul coming to MLK Drive


They seem to populate every day, I use to see 4 or 5 walking down Ocean or MLK now I am seeing 12-15 smh


User - I thought you said earlier in the thread that you were excited to see the Hassidim move to GV. What's changed?

Posted on: 2016/3/29 22:17
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Re: What percentage of housing in Jersey City is "affordable"?
#73
Home away from home
Home away from home


Quote:

VanVorster wrote:
I remember when I first moved to Van Vorst Park, I saw a post on JC List that actually said something akin to this "The nonsense on Wayne Street has to stop. All white people who make this City great and continue to make it great, please report to the park on Wayne Street and reclaim our City."


Racial element of the quote aside, that person kinda had a point. It seems that the nonsense that takes place on Wayne Street has continued to this very day - or at least carried on until that little park was closed for renovation last year. Unless the city is going to fence it and lock the gates at night, I would expect the nocturnal disturbances to resume once we get into summer. Amazing that nothing has been done about this after all these years...

Posted on: 2016/3/25 18:35
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Re: NJTV News on JC gentrification
#74
Home away from home
Home away from home


Another blast from the past to calm Earl Morgan's nerves - a NYT story from June 2005 calling Bergen-Lafayette "the last undiscovered area in the New York metropolitan area."

Among the amazing projects that were about to transform the neighborhood: "thousands of new homes and apartments. The largest will be a 932-unit glassy, sail-shaped triple-tower complex on the edge of Liberty State Park." - Never happened

"A former rope factory named Whitlock Cordage is being converted into a $45 million 330-unit mixed-income housing project." - Never finished

"How hot is Lafayette? So hot that a 1,000-square-foot, two-bedroom condominium at a converted factory that closed for $285,000 on April 15 was put on the market one day later for $419,000. So hot that a two-family home on a double lot that sold for under $200,000 three years ago is getting offers of $750,000 today. So hot that a five-story 14?-foot-wide row house that two years ago went for $190,000 sold last month for $335,000." - So hot that on Trulia today east of Grand Street almost half of the homes are selling at auction following foreclosure and there are 19 properties in notice of default.

In short - Earl, I think you've not got too much to worry about from the invading white horde...

Posted on: 2016/3/23 16:56
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Re: NJTV News on JC gentrification
#75
Home away from home
Home away from home


This story about the fall and rebirth of Paulus Hook from the Hudson Reporter way back in 2003 might be instructive regarding this discussion of moving to the suburbs. Salient portion below:

"All the families moved away," Bromirski said. "People moved away because this was definitely a working-class neighborhood. They started to get wealthier and they moved out of town. They were all blue-collar workers and as they had children, and their children started growing up, they moved out into the suburbs to give their children something better than they had. They thought moving to the suburbs was going to be better. Even to this day, they come back and visit and say they wish they still lived in Jersey City. The first thing they'll say is 'We had it so good here. Nobody was rich, nobody really had much of anything, but we didn't know it. But we enjoyed it! Everyone got along.' "

As years of neglect caused buildings to empty and wither away, the dense neighborhood became sparse, almost desolate. The King Gussie Flats, 80 units of housing over three buildings at Washington and Sussex streets, were taken down in the late 1960s. Multi-family buildings became parking lots. Companies started to move operations elsewhere. Even Colgate-Palmolive began to slowly phase out its operations. The neighborhood became an eyesore, and it seemed as if no one cared for it much.



Posted on: 2016/3/23 15:29
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Re: NYT "The Hunt" Land a job in JC? Move to LIC!
#76
Home away from home
Home away from home


Quote:

user1111 wrote:
Long Island City has a scene, Jersey City does not.


You live in Greenville - the only scene you're familiar with is a crime scene.

Posted on: 2016/3/20 4:49
 Top 


Re: the "new Williamsburg"? or worse?
#77
Home away from home
Home away from home


Quote:

Atsushi wrote:

Right, and the cycle starts all over again. I think that's the way it should be. Imagine a neighborhood in which the same people keep living for decades. That's not vibrant.


I agree with you. Just to clarify, I'm not advocating that gentrification is a bad thing. I recognize that it is a nuanced issue and that the rejuvenation of a down-at-heel area can also be a destructive process, with that destruction unavoidably falling hardest upon the people already living there, who are likely to be poorer and more like to be minority communities.

I'm just tired of reading opinion pieces about gentrification like the link provided by the OP which says JC is being "devastated by a sweeping gentrification crisis". I don't think anyone would refer to what is happening in this town as a "crisis" let alone a devastating one. I think most people would regard what is happening here as a net positive. I certainly do.

Posted on: 2016/3/9 19:36
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Re: the "new Williamsburg"? or worse?
#78
Home away from home
Home away from home


Quote:

WhoElseCouldIBe wrote:


Artists aren't victims but they are a major catalyst to improving neighborhoods.


I'm not sure I agree. This is the kind of perceived wisdom that I'm talking about - we all take it as a given that artists spruce up neighborhoods, but does that statement stand up to scrutiny?

An artist rents a house on Ocean Ave and he cleans up the front yard, puts a few flower pots out there, but beyond that, what does an artist offer the neighborhood that any other decent human being with a corporate job does not?

All the artists offers is a greater willingness to move to a depressed hood than a professional would have. And let's not kid ourselves - they move to these places not out of a sense of bravery, or civic responsibility, but out of economic necessity.

To Brewster's point, once other folks see that you won't get shot, that's when the migration begins in force. But just in case anyone is wondering, on Ocean Ave you will get shot. [/quote]

Posted on: 2016/3/9 18:50
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Re: the "new Williamsburg"? or worse?
#79
Home away from home
Home away from home


[quote]

Artists aren't victims but they are a major catalyst to improving neighborhoods.[quote]

I'm not sure I agree. This is the kind of perceived wisdom that I'm talking about - we all take it as a given that artists spruce up neighborhoods, but does that statement stand up to scrutiny?

An artist rents a house on Ocean Ave and he cleans up the front yard, puts a few flower pots out there, but beyond that, what does an artist offer the neighborhood that any other decent human being with a corporate job does not?

All the artists offers is a greater willingness to move to a depressed hood than a professional would have. And let's not kid ourselves - they move to these places not out of a sense of bravery, or civic responsibility, but out of economic necessity.

To Brewster's point, once other folks see that you won't get shot, that's when the migration begins in force. But just in case anyone is wondering, on Ocean Ave you will get shot.

Posted on: 2016/3/9 18:48
 Top 


Re: the "new Williamsburg"? or worse?
#80
Home away from home
Home away from home


Why are the artists always the heroes in these stories? Artists are locusts, the vanguard that heralds the imminent arrival of the pestilential scourge of gentrification. But these stories never admit this fact. Instead, they all trot out the same tired narrative, in which the artists are victims rather than the instigators of the very process they rail against:

1. Artists "discover" the neighborhood.
2. More artists move there for cheap rents, cheap restaurants.
3. This is the Golden Age, when the neighborhood is "urban, gritty, authentic, full of character" and populated by hardworking middle income folks with a real sense of community.
4. Hearing how cool and cheap the neighborhood is, professionals start to move in too. Rents rise, old cheap restaurants close, new expensive restaurants open.
5. The artists can't afford to live there anymore because they don't make any money from their hobby art. Instead of just admitting that, they lament that the neighborhood is no longer cool, its lost its "grittiness, authenticity, character". It's now full of yuppies and people who work in finance.
6. The local people who lived there for decades are forced to move.
7. The artists stand up in defiance to the gentrification juggernaut, speaking for the disenfranchised underclass, railing against the tide of bros and frat boys inundating the neighborhood.
8. Driven from the neighborhood, the artists "discover" a new town. Currently, its a drug-addled hellhole, but it is "gritty and authentic"

Spare us the "artists are victims" crap. These are the sanctimonious douchebags that pretend to be the solution when they are the exact problem that they pretend to be fighting against.



Posted on: 2016/3/9 18:18
 Top 


Re: New PAD Trump building 25% financed with funds from investor visa holders
#81
Home away from home
Home away from home


Quote:

WhoElseCouldIBe wrote:
Quote:

Pebble wrote:
Quote:

JCMan8 wrote:
Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.


Pretty sure China prohibits foreigners from owning real estate and their economy, while recently struggling, is still one of the world's top economies.

You are incorrect about foreigners owning real estate in China.

Quote:

WhoElseCouldIBe wrote:
Guys, take a look at countries without foreign investors. Their economies are not doing very well. Investing is a two way street. If foreigners are investing, it means we're getting something in return.

Who here is arguing against foreign investors??


OP is


Err, no.

I posted a link to a story reporting on the financing on a new building rising in our city and then noted that the involvement of foreign investors in the Trump project is reminiscent of the thread about the Chinese firm constructing 99 Hudson.

I didn't take a position on the matter either way.

Posted on: 2016/3/8 18:48
 Top 


New PAD Trump building 25% financed with funds from investor visa holders
#82
Home away from home
Home away from home


Bloomberg reports that the second tower at the Trump Development in the PAD has been 25% financed by wealthy foreigners through the EB-5 visa program.

That's the visa that bestows two-year residency in the US in exchange for investing $500,000 in the country. Kind of germane to the other thread discussing Chinese investment in the new tower going up at 99 Hudson Street.

http://www.bloomberg.com/politics/art ... who-invest-cash-for-visas

Posted on: 2016/3/7 19:00
 Top 


Re: Santiago Calatrava on his soon-to-be-opened WTC Transit Hub
#83
Home away from home
Home away from home


Quote:

Voyeur wrote:
Given that today was the stated opening date for the hub, I was expecting the Oculus to be open this morning. Of course it wasn't.

The barriers have been taken down, but the area is still roped off. All they achieved was to create a huge glut of humanity as everyone slowed down to gawk. What are the chances it is open for the evening commute tonight?


Oculus opening at 3pm today, per the WTC Facebook page:

The World Trade Center Transportation Hub Oculus ? the iconic centerpiece of the sprawling transit facility ? will partially open at 3 p.m. on March 3, providing an enhanced commuter experience for PATH riders traveling to and from Wall Street and other New York City destinations, as well as those who live in and visit the downtown area.

This spring, the Port Authority?s Board of Commissioners is planning an opening ceremony as the Oculus becomes fully operational, including the eastern linkages to the Metropolitan Transit Authority?s Fulton Street Transit Center and the 11 New York City subway lines that the MTA facility serves.

The March 3 opening will provide the 100,000 riders that use the PATH facility daily with below-ground, climate-controlled access to a new entrance at the corner of Liberty and Church streets, a few blocks from Wall Street. In subsequent weeks, the eastern entrance to the Oculus will open, providing PATH riders with direct access to Church Street and to the Fulton Street Transit Center. In late spring, the new access from the Oculus to the corner of Vesey and Church streets will open.

The transportation hub and Oculus ? designed by Spanish architect Santiago Calatrava ? will serve as a 21st century, state-of-the-art transit center and represents the most integrated network of underground pedestrian connections to mass transit lines in New York City.

Posted on: 2016/3/3 15:49
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Re: Santiago Calatrava on his soon-to-be-opened WTC Transit Hub
#84
Home away from home
Home away from home


Given that today was the stated opening date for the hub, I was expecting the Oculus to be open this morning. Of course it wasn't.

The barriers have been taken down, but the area is still roped off. All they achieved was to create a huge glut of humanity as everyone slowed down to gawk. What are the chances it is open for the evening commute tonight?

Posted on: 2016/3/3 15:16
 Top 


Re: Chris Christie expected formally end presidential bid today
#85
Home away from home
Home away from home


Quote:

JCGuys wrote:
Christie looks very nervous standing behind Trump. Hahaha


Trump on businesses relocating from the US to overseas: "Businesses used to move from New jersey to someplace else Chris [Christie shakes head frantically]. But not that many people are leaving New Jersey."

Why IS Christie standing behind him? Trump just embarrassed him on live television. Way to show your appreciation for Christie recanting all his beliefs and previously held positions in order to be a spineless toad. It's almost as if The Donald can smell a lousy parasite trying to leech onto his coat tails and he doesn't respect that kind of behavior...

Is Trump stringing Christie along with a VP tease only to kick him to the curb and humiliate him? If so, I might even vote for the guy....

Posted on: 2016/3/2 3:14
 Top 


Re: Santiago Calatrava on his soon-to-be-opened WTC Transit Hub
#86
Home away from home
Home away from home


$4 billion divided by 200,000 daily commuters is $20,000 per commuter.

Assume said peon commutes through there five days of the week for 48 weeks in a year, that is 240 days, and you are walking through his masterpiece twice a day (480 times in a year), that is $41.66 per person for every visit that person makes to the Oculus in one year.

Now assume said peon lives in his same small New Jersey apartment and commutes back and forth to his same pointless basement job in New York 480 times a year for 30 years.

If you were to travel through there twice a day, every weekday - even with 20 paid vacation days every year - for three decades, that would still work out at $1.38 for EVERY commuter for EVERY time they walk through there for 30 YEARS.

But hey, you can't put a price on feeling important folks.

Posted on: 2016/2/27 22:58
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Re: Chic Pea
#87
Home away from home
Home away from home


Quote:

iGreg wrote:

She should beat the OP's ass - Old School JC style.


This is a case in point about the double standards of offense on display here. Last year when that young woman was peddling her "JC Take it back" canard, this poster made several vulgar comments speculating about the fragrance of a certain part of her anatomy. Yet now he calls out the OP for stating a negative opinion on Chic Pea's writing style and general demeanor when he met her in person.

If you are going to express faux outrage, at least try to be faux consistent about what offends your faux online persona...

Posted on: 2016/2/22 21:38
 Top 


Re: Moving to Jersey City? Join the Club.
#88
Home away from home
Home away from home


I'm surprised that any discussion of gentrification in JC has not touched upon SoDoSoPa.

And of course, for those of you in search of truly "authentic" Asian cuisine, introducing: CtPa Town.

Posted on: 2016/2/16 19:03
 Top 


Re: Area between Tunnel and Hoboken
#89
Home away from home
Home away from home


The Cast Iron Lofts crowd are at it again - today they are schilling themselves on Curbed.

Nothing particularly newsworthy other than some interesting photos of the interior of the apartments, all of which look very nice, save for hideous exposed duct work. Clearly they think this gives the units some industrial cache, but in a new build, this seems a ridiculously ugly decor choice when the ducts could easily have been hidden within the drywall.

Exposed ducts look ugly, period. People who move into lofts in Tribeca or on the Brooklyn waterfront accept them as the price paid for living in a century-old converted warehouse. They are not an aesthetic choice, but a functional necessity in such buildings. Deliberately exposing them in new construction is just a poor design decision. But then this entire Soho West enterprise is of questionable judgement.

As one commenter on Curbed wrote: This is such a sad example of a Jersey developer trying (unsuccessfully) to mimic industrial chic. The name [Soho West] says it all.

Posted on: 2016/2/10 19:57
 Top 


Re: Ignore button - hide all posts from a particular user
#90
Home away from home
Home away from home


I too would like an up vote and down vote tab.

Many times I've read some barely intelligible screed from a certain barely-literate former public school teacher who posts on this site with a masochistic frequency, and almost responded before stopping myself from feeding the troll.

A "like" and "dislike" function would be very useful retort to some of these execrable rants.

Posted on: 2016/2/4 21:52
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