I nearly wound up under the back wheels of a NJ Transit bus making a right turn from Columbus one morning. They know the are going to win any battle when they make a wide right turn even though the pedestrians have the right of way. Your choices are limited to getting back on the sidewalk or letting the wheels flatten you. I whacked the back of the bus pretty good and dented it with the handle of my umbrella. I tried to follow it so that I could jump on it at the next stop and administer the driver a beating, but I ain't that fast. Taking the bus number and time and reporting it to NJ Transit might also have been a good idea.

They were probably comparing notes on machine politics.

I think you can count on one hand the number of potential JC homebuyers affected by this proposal. A general decrease in income isn't a good thing, but it could attract some people who would be priced out of NYC.

If these firms start laying off even more workers en masse or start moving operations to Birmingham, AL or Wheeling, WV, that would be more worrisome.

What is the over/under on how many days it takes for walkers, bikers, bladers (roller and knife), joggers, and skateboarders to start fighting over the WALKway?

Per Bloomberg:

"The rules apply to companies that in the future take ?exceptional? amounts of bailout money from the Treasury, as Citigroup Inc. and American International Group Inc. have in the past."

and

"The rules won?t be applied retroactively to companies that already have received aid from the Treasury Department through the $700 billion Troubled Asset Relief Program fund."

http://www.bloomberg.com/apps/news?pi ... d=a6fHgp5yAPLw&refer=home

So it appears that folks at Citi and AIG can continue to make over $500k and even future TARP applicants can have execs make over $500k if they take an "exceptional amount", whatever that means.

I don't think too many folks who would have their compensation limited to $500k were planning on moving into Crystal Point or 77 Hudson, anyway.

And wouldn't a decline in some heavy hitter's income make JC a more attractive destination for them? I guess you could argue either way.

Yes, I know. In a 2.5 year period (not 3) within a 20 year period, you found a 4% total decline. Oh, the horror. Then prices rose slowly, but surely, until May 1988 for a 17% total increase during this period. Not a boom by any measure, but a long and steady uptrend. Thanks for supporting my point. Where is the data that shows housing values, as wibbit says, "always eventually decline"? Where is the data that would make wibbit's advice to wait for a 30% decline a good idea? Where is the data that shows that someone should have wibbit's 10 year outlook to make money on a new home purchase?

Instead of referring to a lame blog of newspaper clippings, I have the numbers here:

http://www2.standardandpoors.com/spf/ ... ePrice_History_112766.xls

Year to year you may find price drops. Too bad for the flippers. But over any historical period of, say, 3 years or more, NYC area home prices have only gone up. To say that prices "always" fall eventually is ridiculous. Does anyone actually believe this? Almost as ridiculous as advising someone to wait for a 30% price drop because realtors are "stubborn". Keep waiting. You say stubborn because they will not lower prices to your affordability level. When the disconnect between jumbo and conforming mortgage rates is fixed, those "stubborn" realtors will look wise. This ain't Akron, Ohio.

To the OP - To answer what I think was your question, I would read wibbit's response and then take the exact opposite view. It is stunning in its misinformation.

Domo Arigato, Mr. Roboto.

About a year ago, a woman at the window of the main PO downtown refused to take a package from me because it was too heavy for her. She claimed to have had a bad back. The package was an old Palm Pilot and the box weighed maybe 5 pounds. She would have had to get off her chair and walk about 10 feet with it. When I realized it wasn't a Candid Camera skit, I started to get loud. A supervisor came by and supported the woman's story that she couldn't lift heavy items. I flipped the box in the air to show that it was practically weightless. I suggested the woman should not be at the window of a post office if she can't lift stuff or move. It was suggested that I just move over to the next window. I was about to make a suggestion in return that she procreate with herself when a JC cop walked in. Go figure, a Jersey City cop arriving BEFORE trouble starts. Anyway, I went to PostNet on Grove and had them send it. Nice guy. No complaints there.

I've heard funny stories about people trying to get deliveries from Hoboken Chinese restaurants or pizzerias only to be told they don't deliver to Jersey City, much like in the aforementioned Seinfeld episode. 700 and Zephyr are probably closer than some of the Hoboken buildings these restaurants actually do deliver to.

Mid 300's.

http://www.weichertnewhomes-land.com/ ... e=&StateName=New%20Jersey

Those SunBlossom condos have been on the market forever. Awesome location and nice units, but most of them lack sought-after amenities such as central air, laundry, parking, and elevator. Hard to see 2 people sharing one, but if you are a clutter-free minimalist, the price is certainly right.

I wonder how Sean Taylor felt about the second amendment as he found himself armed with a machete during a gunfight?

It was probably someone driving a UHaul for the first time or a FreshDirect truck.

To drive drunk is dumb enough, but to drive drunk, hit a parked car and wait around to get caught or leave a note is the height of stupidity. billtimslee is right.