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Re: Fulop wants to charge NY’ers their own congestation pricing
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Quote:
Really hope there is a way to get this implemented, City should do a revenue share with Port Authority on this if it makes implementation easier...
Posted on: 2019/4/5 2:01
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Re: Any changes in what is considered "real property taxes " by IRS?
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Haven't seen the 1098 for this year, put atleast up until 2017,the full amout paid to the city was being reported.
That said, even if that were to happen, the impact for most should be minimal (obviously each situation could be different and there is possibly a hit for you). Reason being SALT which inculdes all state tax and property tax payments is capped at 10k and the standard deduction itself is 12k for individuals and 24k for married couples. So, generally for families, standard deduction might make sense unless they have a high interest burden (or medical expenses). If they have high interest burden, then reasonable assumption would be that there is decent amount of NJ (or neighbouring state) income tax being paid which might be a significant part of the 10k SALT limit and this makes PILOT inclusion or non inclusion irrelevant. Individuals filers obvioulsy have a much higher change of going beyond the standardized deduction and not having enough state income taxes, so might be slightly more relevant but even then given the generally high state taxation here, that leaves very little room. Apologies, if the above might be a little bit tangential and doesn't really answer your question.
Posted on: 2019/1/27 15:32
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Re: Is Jersey City Real Estate in a bubble?
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Quote:
Thanks dtjcview for providing the numbers. Boodhipooh, my dumb view on immigration background of Asians in the area has been formed by actually having lived in the 07302/07310 zip codes for close to a decade now. Obviously, not all of them are going to be immigrants. You are right, a lot of people of Asian ancestry are born and raised here, just that most of them are still in diapers or recently got off them. Anyways, as the overall numbers pointed out, this is more noticeable in Newport. These same numbers point out your bizarre analogy of a single zip code in Manhattan (how many zip codes does Manhattan have and how many does DTJC have?) Lot's of people of British, Russian, Polish, Latin American background also live in Newport, but that doesn't change the fact that the majority here is composed of Asian immigrants. I am well versed with immigration law, it can take long to get a green card, sometimes even more than six years for India. The 10k limit per nationality is a soft limit and is exceeded any given year. I don't want to go into specifics of immigration laws and categories and spillovers, that would be totally off topic. The main point is that a lot of the immigrant population in the area who have stayed for a long enough time fell settled enough (from a family, immigration, resource perspective) to actually buy condos (which is the point of discussion). This is obviously just one of the multiple factors in play in DTJC (see, I am dense but not dense enough to make that assertion :) )
Posted on: 2015/4/30 18:40
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Re: Is Jersey City Real Estate in a bubble?
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Not sure about the exact numbers but a large percentage of the population in DTJC area, especially Newport is Asian (Indian/Chinese).
Originally, most of this demographic is on temporary work permits but this eventually moves to green card (permanent residence). Invariably, people think of buying condos on acquiring green cards or when they are close enough to acquiring one. So, this is actually a pretty big catalyst for condo demand in the downtown area Additionally, most such people came in their early 20s when they would be most likely sharing a rental apartment with someone similar. As they get into the late 20's/early 30's and get married, they move from shared apartments to independent units. This has also been a major factor in the rental demand in the area. In the past, people have moved on to the suburbs when their kids are of school going age but recent anecdotal evidence suggests that more and more people are deciding to stay put in JC. They are not willing to forego the convenience of being close to Manhattan/workplace and social network of friends.
Posted on: 2015/4/29 19:11
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Re: Jersey City restarting process to select ambulance provider
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Recent news on Bayonne Medical Center!
http://www.dailymail.co.uk/news/artic ... at-CUT-middle-finger.html 'United Healthcare is deeply concerned about hospitals establishing an out-of-network strategy to hike the rate they charge for emergency room services, often surprising patients,' said Jones to NBC. A friend of mine had a similar experience at Hoboken Medical Center. Got charged 6k out of network bill for a small cut on hand.
Posted on: 2014/8/6 17:36
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Re: PATH (pathetic attempt at transporting humans)
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Delays again this morning, 3rd day in a row looking at PATH Alerts. Today, it was "car equipment problem", yesterday it was "signal problems" and "police activity" on Sunday. Seems like they keep rotating the excuses.
They were announcing 10 mins delays on the JSQ-33rd line, station was already packed, so thought I might be lucky, got there at the right time. Ended up having to wait 30 mins before the train finally came. All this while, they kept announcing "10 min delays". Rather cheeky, rubbing it in, I guess. How I got on the train is another story, 2 of my colleagues were left on the platform. Saw atleast 3 empty trains heading to Hoboken. I guess they must be running a really rigid car allocation scheme, there was no way they could have routed these to a more useful busy route. The fare is now almost at par with NYC Subway, and is only going to go higher, service keeps getting worse.
Posted on: 2013/10/22 11:57
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Re: New tax bill
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If you have the balance in escrow, the bank should be taking care of it. You can also check billed amounts, payment deadlines and status @ http://taxes.cityofjerseycity.com/
Posted on: 2013/8/13 17:29
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Re: In New Jersey, a Battle Over a Fluoridation Bill - fluoride will be added to Jersey City water
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As of 2012, not added http://www.unitedwater.com/uploadedfi ... mer_confidence_report.pdf
I think the link GrovePath put, just lists all the water systems in Hudosn county. Tried to track the NJ legislation online, looks like there has been no action on it since early 2012, so hopefully never got passed. Have emailed United Water to get current status on fluoridation, will post if/when they get back
Posted on: 2013/7/19 15:03
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