Re: Spotlight On: Affordable housing
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Home away from home
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The only thing accomplished by that is lip service and a few homes rationed out, that come nowhere near filling the need. Market power needs to be unleashed by loosening the zoning regionwide. It doesn't work if it's too limited, just like the redevelopment zones haven't eased the crisis, they're not nearly enough to overcome the effect of attracting new residents and actually drive up the vacancy rate. The same people that decry costs are the ones that want to lock the city in amber and never have it change. It's the future residents who have the most interest in higher density and better transit like a BRT up the spine of the city on Ocean and Summit, even if it costs driving space & parking spots.
Posted on: 2019/6/4 22:07
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Re: Spotlight On: Affordable housing
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Home away from home
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Here's why we have an inventory, and thus affordability, crisis: developers cannot today build what's on the left, only what's on the right. 56 homes, vs perhaps 8. Building "affordable housing" is still rationing it while we keep supply low with zoning to protect incumbent owners and the precious street parking.
Posted on: 2019/6/4 20:27
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Re: New Electric Garbage Trucks...
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Home away from home
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This being JC, land of the entitled prick driver, what will you do when someone simply takes the spot, EV or not, and leaves their car there all day? You can't depend on city enforcement.
Posted on: 2019/6/4 20:11
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Re: IMPORTANT NEIGHBORHOOD DEVELOPMENT MEETING (The Heights)
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Home away from home
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Those will set me back far more than the simple espresso in a foam cup. I guess I need to look harder into the remaining Latino steam table places. If you're talking about Mod Cup on Plaisade, I went in there once to get a simple cup of coffee, but it was clear that the pourovers, lattes and other exotica would keep me waiting a half an hour. I walked out.
Posted on: 2019/6/2 21:27
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Re: IMPORTANT NEIGHBORHOOD DEVELOPMENT MEETING (The Heights)
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Its a chicken and egg thing about the development and parking. Developers are building for people who aren't yet residents and voters, so their voices are not heard to compete with the incumbents who only care about their street parking. There's people who were much happier when our city was littered with empty lots.
MDM, The Franklin gives me a sad since I was a regular for the old place's espresso. Where's the next closest?
Posted on: 2019/6/2 17:53
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Re: IMPORTANT NEIGHBORHOOD DEVELOPMENT MEETING (The Heights)
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Home away from home
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Saw this on Reddit, it's 5 stories, one shorter than it's neighbor, and it looks like it has at least 1 parking per unit. Usual nimby hysteria.
Posted on: 2019/5/30 20:51
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Re: 5 Best Beaches near Jersey City
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Home away from home
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Thanks for the best laugh my family has had in a while! I was wondering what your site was about and browsing I found this gem of a post shilling a tutorial service: Quote: Is grammar important in the paper writing http://jcfamilies.com/forums/topic/is ... ant-in-the-paper-writing/
Posted on: 2019/5/24 1:53
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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Home away from home
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Only true in a regulated market that interferes with supply meeting demand. In cities without regs that limit supply, there is no cage match between landlords and tenants. There's enough vacancies that tenants can vote with their feet.
Posted on: 2019/5/23 17:56
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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Home away from home
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Exactly this. When the zoning requires low density, you cannot build the density required to meet market demand. 70 years ago 100k more people lived in JC when the Waterfront was all railyards and docks. They lived more densely than the 2 people in 1500 sq ft that our zoning encourages. I have couples living in 500 ft units, but those could not be built today. Now, every time someone wants to build densely, hysteria ensues. There's a modest 4 floor 21 unit development being designed for 36-42 Waverly that has the NA all in a twist, even though it looks like it has parking and is a floor shorter than the adjacent building on the corner.
Posted on: 2019/5/23 17:06
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
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A reason I say anyone trying to build or rebuild needs to hire a lawyer who practices before the JC zoning and codes bar, not just any clown. There are people who specialize in this stuff, and most importantly, have relationships with the players.
Posted on: 2019/5/9 20:50
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
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Home away from home
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You don't understand, what we're saying is she's better off rebuilding the 4 family completely and give lip service to the zoning.
Posted on: 2019/5/9 16:46
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
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Home away from home
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I believe you can convert it with tenants, and even sell the unit, though you won't get the same price with a rent controlled tenant as you would vacant. Quote:
Get the right builder and it will be a new building. I've seen it several times now that they leave a stick or 2 of the original standing as a "grandfathered zoning fig leaf" and basically build a completely new building. One 4 family, they even raised the ceiling height of every floor and doubled the lot coverage.
Posted on: 2019/5/9 16:08
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Re: Timestamp of messages all wrong
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Home away from home
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He can't even sell adspace, the end is nigh! Sadly, Nextdoor is an incredibly crappy format for actual discussion rather than posting a lost dog.
Posted on: 2019/5/9 1:32
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
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Home away from home
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FYI, it still doesn't take it off rent control, one owner cannot own more than 4 units or it stay on. Plus you'd get killed by the tax increase! Condo and sell is a better plan. Even better plan is to scrape the typically crappy old building with funhouse floors and crumbling ceilings off the lot and start fresh building modern more valuable condos to sell. A lot of those rent control railroads are pretty awful living spaces, 11' wide, 65' long with windows only at the ends.
Posted on: 2019/5/9 1:29
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Re: Timestamp of messages all wrong
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Home away from home
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Seems obvious enough, this site is so moribund it's not worth his time to mess with, it's a Flying Dutchman.
Posted on: 2019/5/8 16:36
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Re: Timestamp of messages all wrong
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Home away from home
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Actually I think its GMT, +5. I guess we gotta get used to it like a pothole that never gets fixed. Ah, JC! Correction: +4.
Posted on: 2019/5/8 2:47
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Re: Anyone planning to appeal 2018 property tax increases?
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Home away from home
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And any time you want to reprint your postcard, just go here and enter your name or address, then click at the top of your page for the postcard. Interestingly, since the reval they've added the actual property card too. http://tax1.co.monmouth.nj.us/cgi-bin ... &out_type=0&district=0906
Posted on: 2019/5/8 2:43
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Re: Selling a 1 bedroom - AS IS - in Journal Square
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If your rent price is accurate that makes this market interesting, indicating a GRM much lower than multifamilies around town.
Your desire for a cash deal could limit your price. The numbers for an investor borrowing are simply so much better. For $125k cash I could buy a $500k unit, which will yield 4x the market appreciation. But on the other hand it likely won't have the same GRM.
Posted on: 2019/5/6 20:01
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Re: Selling a 1 bedroom - AS IS - in Journal Square
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Home away from home
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I agree, it sounds high.
Posted on: 2019/5/6 18:12
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Re: Selling a 1 bedroom - AS IS - in Journal Square
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Home away from home
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What would it rent for?
Posted on: 2019/5/5 21:24
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Re: Possible relief on the way?
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Home away from home
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There's a large body of studies showing extracurricular activities like sports and arts are of great importance for building adult skills and motivating students. Our district dramatically underfunds everything but labor, which it pays in the 98th percentile of NJ equivalent districts. Why is that? Not JC but our County: why did High Tech get a new school when their previous one looked brand new by JC standards? I'm guessing it was "Use it or lose it".
Posted on: 2019/5/2 22:32
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Re: Possible relief on the way?
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Home away from home
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Do you even hear how weak a defense this sounds like? One year of deferred raises is not going to solve our problems, nor is even raising taxes to make up the shortfall. We need to get a grip on the spending. We have a culture of giving public servants whatever they want for political support and keeping the peace during elections. I'd love to get ahold of an actual datafile of state school budgets and line by line compare ours to a comparably spending suburban district. Do you think I'd be wrong to guess that we spend far more on labor and far less on the students? I have the state downloadeable TGES excel files, but they're obtuse to the point of deliberate obfuscation, and will take quite some time to decipher.
Posted on: 2019/5/2 18:46
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Re: STARBUCKS ON GROVE
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Home away from home
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Good heavens! What next? A separate line for people who want just a simple goddamn cup of coffee and not a time consuming $6 "creation"?
Posted on: 2019/5/2 1:29
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Re: Possible relief on the way?
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Home away from home
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All true, especially the out of control spending. A board controlled by the teachers cannot be expected to bargain in good faith for the citizens. What we have now is a system run for the benefit of it's employees not the students. Classes are being cut, all activities are being cut, anything that can be tossed overboard is now on the block except golden union contracts that pay better than 98% of their peers in the state. I just wasted some time calculating the labor proportion of this budget: 87%. That's $478,040,1430 of the $615,867,852 budget, not counting the $67,999,857 for charters. To solve this crisis we need assess where our money is going not just where it comes from. For my source, see pp 44-45 of http://www.jcboe.org/boe2015/images/p ... et-SY2018-19_03.28.18.pdf
Posted on: 2019/5/2 1:19
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
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Home away from home
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Very interesting doings in CA regarding zoning, a bill to prevent cities from restricting density around transit is making it's way through the legislature. It's pitting the SF mayor against his own council! https://www.nytimes.com/2019/04/27/opinion/california-housing.html
Posted on: 2019/4/30 20:26
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
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I see in my crystal ball a whole lot of rental buildings being converted to condos.....and the rent control warriors will say no one saw that coming.
Posted on: 2019/4/30 18:43
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Re: Reports of Menendez, Fulop friendship hugely untrue
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Home away from home
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Did you notice the byline, David "Bridgegate" Wildstein? Why is this guy given any credibility? Because he confessed?
Posted on: 2019/4/29 20:44
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Re: Error message when doing a search...
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Home away from home
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Just search the site using Google and the site restricting term site:/jclist.com. The results are far more useful and easy to look through.
Posted on: 2019/4/29 16:21
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Re: End of AirBnB in Jersey City?
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Home away from home
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Oh Yvonne, I've explained commercial appraisals to you many times in the past, yet you obstinately refuse to understand. A commercial property, which refers to any building of more than 4 units or having a commercial space, is appraised not by comps but by income. If you limit the income by rent control, you limit the value of the property, and thus the assessment and tax. No wonder those buildings are condo bait!!! It's the only way to get market value for the property.
Posted on: 2019/4/26 21:35
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