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Re: McLaughlin Funeral Home sold their parking lot.
#1
Quite a regular
Quite a regular


The old Introcaso-Angelo Funeral Home located downtown is now for sale with the approved plans.

https://www.redfin.com/NJ/Jersey-City/ ... k-St-07302/home/169449993

Posted on: 11/7 1:07
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Re: End of AirBnB in Jersey City?
#2
Quite a regular
Quite a regular


Quote:

neverleft wrote:
.
Quote:

Hmmm interesting website https://jerseycityairbnb.com/

Boggiano Family Profit from STRs

- November 1, 2019November 1, 2019 - friendly neighbor

https://jerseycityairbnb.com/boggiano-family-profit-from-strs/



Good for them. They were able to work hard, buy an investment and make money off of it.

Posted on: 11/3 13:47
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Re: New Rent Control Ordinance
#3
Quite a regular
Quite a regular



Posted on: 10/31 1:09
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Re: End of AirBnB in Jersey City?
#4
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Quite a regular


Maybe as much as the big hotel names pay the city for their support.

It is bizarre how the city cares about a short-term tenant throwing up on the sidewalk but doesn't care about long-term drug addict nightmare tenants who destroy the property and scare their neighbors. They turn a blind eye when you point it out to them.
It's all politics. I'm sure the city will get what they want.

Quote:

CatDog wrote:
Quote:

K-Lo2 wrote:
JC NAACP votes no, economic discrimination against renters.

https://hudsoncountyview.com/jersey-ci ... -economic-discrimination/


what a bizarre thing for the NAACP to get involved in. I wonder how much Airbnb paid them for their support.

Posted on: 10/25 12:29
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Re: Embankment park is coming
#5
Quite a regular
Quite a regular


Thank you for the info. All this time I thought people didn't want to touch it because it was historic.

Posted on: 10/24 20:14
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Re: Embankment park is coming
#6
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Quite a regular


So an investor bought the property only to spend thousands of dollars in court for the last 15 years then give it up to the City? He didn’t get anything in return? That is unbelievable.

Does that mean if a developer spends millions on a piece property downtown today with plans to build there he/she is at risk of the city taking it away because they changed their mind?

I do like the park idea but I don't think the developer should end up with nothing in return.

Posted on: 10/24 14:31
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Re: End of AirBnB in Jersey City?
#7
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Quite a regular


Jersey City’s Change of Heart on Airbnb

https://www.insidernj.com/jersey-citys-change-heart-airbnb/

Posted on: 10/22 10:56
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Re: New Rent Control Ordinance
#8
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Quite a regular


or you can just buy a pack of mouse traps for under $4.
There are many options.

Just blaming the landlord is not right. We don't know this building and the situation. We also don't know what type of tenant she is. Maybe she was the cause.
Apartments that are not rent control also get mice.

My point is how we never hear the landlords side.

Posted on: 10/18 13:54
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Re: New Rent Control Ordinance
#9
Quite a regular
Quite a regular


We only read about the tenants side of things.

Why didn't Nina just move instead of paying $1,300 if she was so unhappy?

Now that her rent went down to $435 is she ok with sweeping the mouse droppings?

I'm interested to see if that website will also post what the owners have to say about it. It always seems to be one-sided.

I see they posted this about newark
https://www.nj.com/essex/2019/10/housi ... nt-control-ordinance.html

Posted on: 10/17 23:17
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Re: End of AirBnB in Jersey City?
#10
Quite a regular
Quite a regular


When was this? Do you have more information on what was said and who was there? Who were the "wealthy" brownstone owners or did they just assume they were wealthy?
I wonder how we can find out more about future meetings like this.


Quote:

dr_nick_riviera wrote:
Quote:

JCBORN wrote:
This isn't the first time the homeowners are being hurt. I don't think the city cares. It's all political. Whoever gets them more votes. Renters vs. Landlords. Obviously, there are more tenants than owners/landlords in JC.

How many people sit on the board working on this ordinance? What percentage of them are landlords? I don't feel they are represented well.

At least the bad airbnb tenants are just short-term. Many landlords are stuck with nightmare tenants who are in the apartment for years.


Quote:

Yvonne wrote:
I was at a meeting where a city employee stated they were getting calls from residents about Airbnb guests. They accuse the guests of getting high from pot and acting loud. But isn't that what Fulop wants for JC? Fulop is pushing recreational marijuana. I see both sides but the real issue is - Fulop pushed this Airbnb and now the homeowners who made these investments are being hurt.


There are many threads on Nextdoor.com about this - the board the city convened for the purpose of getting input on the ordinance were disproportionately white, wealthy brownstone owners and a member of the hotel lobby. No renters sat on the board. Literally, a member of the hotel lobby helped to draft this legislation. It's a festering piece of NIMBY garbage.

Posted on: 10/16 20:05
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Re: End of AirBnB in Jersey City?
#11
Quite a regular
Quite a regular


This isn't the first time the homeowners are being hurt. I don't think the city cares. It's all political. Whoever gets them more votes. Renters vs. Landlords. Obviously, there are more tenants than owners/landlords in JC.

How many people sit on the board working on this ordinance? What percentage of them are landlords? I don't feel they are represented well.

At least the bad airbnb tenants are just short-term. Many landlords are stuck with nightmare tenants who are in the apartment for years.


Quote:

Yvonne wrote:
I was at a meeting where a city employee stated they were getting calls from residents about Airbnb guests. They accuse the guests of getting high from pot and acting loud. But isn't that what Fulop wants for JC? Fulop is pushing recreational marijuana. I see both sides but the real issue is - Fulop pushed this Airbnb and now the homeowners who made these investments are being hurt.

Posted on: 10/14 14:32
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Re: End of AirBnB in Jersey City?
#12
Quite a regular
Quite a regular


I would like to see landlords make a little extra money.
If someone has a 5 unit building they should profit just like the one with a 4 unit building. With the tax increases and rent control laws there isn't much left for the owner.
Perhaps the ordinance can allow no more than 1 airbnb or short-term rental unit per building rather than block it completely.

I also don't think because there was vomit on 1st street we shouldn't have airbrb. If the vomit was on newark ave they will not shut down the business that served the drinks. Perhaps we can go back to having dollars stores on the avenue?

This reminds me of the lunch truck debate. Should they be allowed to serve next to brick and mortar stores who pay high taxes or high rent. I'm ok with having both.

Posted on: 10/11 19:17
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Re: Required in unit building inspection notices around 07302, what gives?
#13
Quite a regular
Quite a regular


I didn't let them in and I still received a violations list. I had to hire an electrician to test and sign off on smoke detectors, carbon monoxide, exit lights and emergency lights. They want you to have the 10 year life on smoke detectors and not the battery operated ones. Which means the electricians also charge for replacing older detectors and/or anything else they find.
I wasn't happy about it but they also say if you don't get it done you are subject to penalties of "up to $5,000 per violation per day".

I see the city is now asking to register 1-4 family homes with them as well. Had anyone done this? What is this about?

Quote:

MDM wrote:
I know someone who just refused to allow the inspection (which you can do). I am inclined to do the same at this point.

I am inspected by the state every 5 years
I get inspected by code enforcement every 5 years.
Now we have to also pay an electrician to inspect the smoke detectors and submit a report to the city.

Too much already.

The one item that has bothered me the most about the Fulop administration is that it seems this administration is now enforcing every ordinance on the book to raise $$$.. Ordinances that were ignored previously. (i.e. if you have a home security system, you have to register it for a fee).

Originally it was just businesses that were getting hammered with increased licensing fees and multiple inspections (with registration fees, from multiple agencies, checking the same thing). Now every 3+ family building owner is getting nickle and dime to death.

Posted on: 9/27 14:42
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Re: Required in unit building inspection notices around 07302, what gives?
#14
Quite a regular
Quite a regular


They are looking for a check or money order: $135 payable to "City of Jersey City"
No cash

Quote:

brewster wrote:
Does anybody know what these clowns are looking for? Many years ago some firemen were not happy about my basement shelves with paper catalogs. I do think it's probably time to ditch them, but now I'm wondering about accelerants. I have more than 1/2 doz gallon cans of various thinners, some stored in a steel cabinet, though it's not exterior vented. And several gallons of lubricating oil. I can just imagine these guys going nuts!

Posted on: 9/26 21:40
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Re: Jersey City launching new bus service; mayor says NJ Transit falling short
#15
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Quite a regular


I am not sure you answered my questions but are saying those who pay low taxes live in a crappy area? Do you mean this for NJ or all over the states?

You also believe we have a shortage of transportation options in Jersey City and this is a way for tax dollars going "to good uses"?


[/quote][/quote]

So you want your city to go to crap? I don't mind paying taxes... as long as they go to good uses. If mobilizing our less fortunate citizens, helping them get to their jobs, is part of our taxes, I'm fine.[/quote]

Posted on: 9/23 11:27
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Re: Jersey City launching new bus service; mayor says NJ Transit falling short
#16
Quite a regular
Quite a regular


Why is that? How can we work on making it the lowest in the state?


Quote:

hero69 wrote:


Correction: jersey city residents lay one of the lowest property tax rates in the state.


Posted on: 9/22 19:03
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Re: McLaughlin Funeral Home sold their parking lot.
#17
Quite a regular
Quite a regular


Quote:

TommyTwoTimes wrote:
Speaking to a limo driver in the funeral business said funeral homes always wish they had more parking. The bigger the better for lining up cars the morning of a funeral procession. You generally would add to your parking not sell it at any price.


If you need the money but want to hold onto your business for a few more years you might sell off your parking lot for $16 Million. We don't know their situation.
I wouldn't be surprised if the limo driver would have sold if he were in the same situation. Maybe he would have sold it for $5M.

Posted on: 7/20 14:37
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Re: McLaughlin Funeral Home sold their parking lot.
#18
Quite a regular
Quite a regular


It does sound strange. I thought that part of JC was booming. I cannot think of any other part of JC where you bought something 25 years ago and it is now worth so much less. Bought for $9 Million and now sold for $6 Million? Perhaps the developers promised to build something in exchange?

Posted on: 7/17 18:49
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Re: Neighbor illegaly paved over front yard for parking
#19
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Quite a regular


Is the parking downtown in the historic district? If not he might be able to keep it as a parking spot. If you call the city he will just need to get it inspected and pay for the permit.

Posted on: 7/15 22:46
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Re: McLaughlin Funeral Home sold their parking lot.
#20
Quite a regular
Quite a regular


I heard the old funeral home on Brunswick St. is presenting new plans. 4 story mixed-use with 26 residential units and commercial space on the ground floor. There will be no parking. The hearing is next week.

Posted on: 7/15 20:44
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Re: Spotlight On: Affordable housing
#21
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Quite a regular


Quote:

brewster wrote:
Quote:

JCBORN wrote:
I think everyone knew the rents were going to go up once the RE taxes went up. Now we have a crisis and we don't know what to do with ourselves.


Incorrect. Taxes did NOT go up in the reval, the load got redistributed to be more fair. Many properties saw taxes go down.


You are right. Many property owners did see their taxes go down. Chances are those properties were not downtown and their rents may not be as high. The previous post mentioned DTJC with a rent of 3.2K for a 1bedroom. I would be surprised if you cannot find a 1 bedroom in Greenville for about 1k. I would not call that a crisis. If you cannot afford to live downtown you have other options. It is almost like buying a car and knowing your budget.
When my taxes were "redistributed" I had to "redistribute" with my tenants. Otherwise, I would have to sell since I would be in the red every month.

Posted on: 6/5 22:27
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Re: Spotlight On: Affordable housing
#22
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Quite a regular


I think everyone knew the rents were going to go up once the RE taxes went up. Now we have a crisis and we don't know what to do with ourselves.

Posted on: 6/5 20:19
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Re: Spotlight On: Affordable housing
#23
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Quite a regular


Quote:

brewster wrote:
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.

Resized Image


Maybe the City or State can build a few of those buildings and have affordable housing? Perhaps another "Hudson Gardens"?

Posted on: 6/4 21:17
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Re: Jersey City council repeals chain store restrictions
#24
Quite a regular
Quite a regular


Quote:

Yvonne wrote:
I actually prefer to shop at chains stores because they have policies not found in independent businesses. I complained about a product I usually buy at Trader Joe today and the store gave me credit. The product was no up to their usual standard. Of course, I do have exceptions, such as old time businesses.


I also prefer it. It is one way that helps me save some money that I can use to pay the increase in RE taxes.

Posted on: 5/11 13:49
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
#25
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Quite a regular


Quote:

MDM wrote:
[quote]

Fulop's opponent in the last election ran on a platform of expanding rent control right down to single family homes.


That is why I did not vote for him.

Posted on: 5/9 18:07
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
#26
Quite a regular
Quite a regular


Quote:

MDM wrote:
Quote:

JCBORN wrote:
Did anyone on here convert a rent-control building into condos? Is that an easy process?


Your big upfront expense will be bribing the tenants to leave. Typically this is 2 to 3 years worth of rent paid once the tenant leaves. Hoboken during the 1980s real estate boom was infamous for incidents of mafia lighting hitting buildings. Nothing gets rent controlled tenants out faster than a fire.

I did one building years ago that I got off rent control: I eliminated the commercial unit, turning it into a 4 family. You can do this with 6 and 8 family buildings as well.. Combine the apartments into huge units. Huge apartments though, especially in a downturn, can be harder to rent.

New construction (unless the state law changed since I less checked) is free from any local rent control ordinance for 5 years.


This is what I was afraid of. What if you don't get all of your tenants out? You always have 1 or 2 tenants who think they will get $1M to move. You can only convert to condos if the building is empty? Although it is a good idea to combine apartments I think I would have problems converting them back to 6 units once I want to sell them off.

Posted on: 5/9 13:45
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
#27
Quite a regular
Quite a regular


Did anyone on here convert a rent-control building into condos? Is that an easy process?

Posted on: 5/9 0:05
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Re: Selling a 1 bedroom - AS IS - in Journal Square
#28
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Quote:

TheJSQuare wrote:
Quote:

brewster wrote:
What would it rent for?


$1500 easily.


If that is true it does not sound too bad. I would think a 2 bedroom in that area will go for that price.

Posted on: 5/6 17:20
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Re: Jersey City Councilperson Reports Rent-Control Crisis Downtown
#29
Quite a regular
Quite a regular


Quote:

JPhurst wrote:
I'm glad the councilman brought this up. Hardly anyone knows that we even have a rent control ordinance. By all means we can discuss whether we should have one or whether it would accomplish its goals IF it was enforced. But compared to NYC, where rent control is a widely discussed issue and both the public and real estate professionals are aware of it, Jersey City has not done a good job making people aware of their rights and obligations.


I wish they did adopt the NYC rent control laws. They seem to be a little more reasonable in terms of doing what is best on both sides (LL and tenant). Jersey City's rent control ordinance is much more tenant friendly. If you read what they focus on you will see it is all one-sided. It's frustrating as a landlord. I can see why many convert to condos.

Posted on: 5/6 17:18
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Re: STARBUCKS ON GROVE
#30
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Quite a regular


It sounds like they designed it for people to just order their coffee and go. Time will tell if this business model works best.

Posted on: 5/2 1:02
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