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Re: These 28 N.J. towns are booming with families earning $200K or more
#1
Home away from home
Home away from home


So they spread this burden on everyone to compensate for the loss, landlords and renters alike. Once could argue that tenants who have school children should indeed contribute to funding, hence the broader base. A lot of the school funding will still come from landlords.

The JC council will still have to vote on this if I am not misguided. The main concern I have is what will happen to that 1% once the rule is established..., so yeah, Steve better figure it out and prove that he can still PILOT things effectively - pun intended. The building boom cash cow is not going to last forever.

Posted on: 7/1 11:52
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Re: Jersey City Council to introduce $587 million budget with zero tax increase
#2
Home away from home
Home away from home


Any news on when the budget will be voted and the tax quarterly bills sent?

Posted on: 6/28 20:21
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Re: New racetrack idea pitched for in and around Liberty State Park
#3
Home away from home
Home away from home


Did not know that, thanks.

Posted on: 6/23 13:55
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Re: New racetrack idea pitched for in and around Liberty State Park
#4
Home away from home
Home away from home


That proposal should and will not go anywhere. Out of curiosity where is the map of the proposed track? To me the only acceptable thing coming out of the recent proposals was to have a sailing school in one of the south marina. A small one restricted to say 20 small boats, and 20 parking spots and using a small facility that could be part of the building down by the flags.

Posted on: 6/23 11:54
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Re: 485 is here
#5
Home away from home
Home away from home


Good luck indeed. It may turn out $2300 for a studio with 2 months free rent or something like that. LeFric building on 10th is getting finished, there are more for rent signs and the rental market in NYC has peaked.

Posted on: 6/5 20:05
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Re: Pulaski Skyway to close for 2 years after Super Bowl:
#6
Home away from home
Home away from home


The north side pavement and pitch seemed a little off driving there this morning.. I guess it was a first impression. Once it reopens I hope they keep 78 fully open as it is, because we will still have to wait until the end of the work on 139, with one lane traffic, so the pulaski will be backed up as in the good ol' days.

Posted on: 6/4 19:53
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Re: Please Help Prato Bakery
#7
Home away from home
Home away from home


4th just off newark. In the neighborhood of Mme claude bis, cellar 335 and white eagle.
I wish them well.

Posted on: 5/13 17:29
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Re: Group wants new highway leading to Jersey City Waterfront
#8
Home away from home
Home away from home


I looked again at the configuration for this 11th extension. It is actually technically feasible. To provide enough leading time to drivers, I guesstimate they would have to add an additional right lane to the 78 bridge starting at minimum by newark/division - by enos park. Otherwise, people may miss the exit if it appears during the turn by 10th or later. Coincidently the redevelopment of enos park area is subject to debate right now. Lefrak corp may have an interest in making sure proposed new buildings will not be placed on this/their local highway exit. Btw this highway local exit would have little value in time of backups, e.g. rush-hours.

Posted on: 4/23 18:33
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Re: Group wants new highway leading to Jersey City Waterfront
#9
Home away from home
Home away from home


I find it very very interesting that this "New Jersey commuter alliance" proposal suddenly appeared on my fb page... This indicates someone paid for it, pretending to represent us. OK, LeFric, err LeFrak I guess, but why? This extension would basically run along your new HP buildings. It may make access somewhat more efficient but who would want to live along an highway extension?

Posted on: 4/14 19:30
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Re: New Tax Rate is Insane!
#10
Home away from home
Home away from home


FYI. The deadline for the appraisal company to complete valuations is May 1. The appeal deadline has been pushed to June. http://www.nj.com/jjournal-news/index ... o_file_tax_appeals_i.html

Posted on: 4/14 17:30
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Re: Group wants new highway leading to Jersey City Waterfront
#11
Home away from home
Home away from home


Even if technically the pedestrian bridge should remain, I hope we don't loose access to LSP if they have to level the access roads on both sides. Sandy was hard enough.

Posted on: 4/10 19:06
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Re: Group wants new highway leading to Jersey City Waterfront
#12
Home away from home
Home away from home


+1 When I looked at the "proposal" my first reaction was that it came from a different era. Or someone who pretends to have some influence. Anyone who has driven the turnpike extension by jones park recently should have seen the construction there, from LeFrak and others. There will be soon hundred of people sleeping by the chemical train tracks..., or above the spectra gas pipeline.

Posted on: 4/6 18:16
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Re: N.J. city shuts down burlesque show, citing obscenity laws
#13
Home away from home
Home away from home


OK the letter is real but then who wrote the violation, especially if it is full of mistakes? Hungry sherlocks want to know...

Posted on: 3/30 20:37
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Re: N.J. city shuts down burlesque show, citing obscenity laws
#14
Home away from home
Home away from home


Based on the below has it been confirmed whether the letter to FM is a fake? Could it be from someone in the building or living nearby? I have to check the place, I haven't had an opportunity since they changed the format. Btw Solomon seems to like the place as per his post on fb.

Posted on: 3/30 17:27
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Re: 485 Marin
#15
Home away from home
Home away from home


How is the filing of the high rises in NoHo - aka The Taint aka Soho West? There are a lot of rentals coming on the market, would be surprised they all fill up at these prices without investors discovering they have to give discount - and can't get decent ROI.

Posted on: 3/20 19:21
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Re: Early Morning Run
#16
Home away from home
Home away from home


If you run south from newport along the waterfront to jersey avenue and liberty state park, then continue all the way south past the flags to the nature reserve and the end of the boardwalk in port liberte (by their swimming pool)... and back, it should be around 12-13 miles. The same distance from hamilton park and back, going around enos at the end is close to an half marathon. In the morning around 7:30 it is glorious, you meet the same people on the WE.

If you are looking at shorter distances, either doing loops in liberty state park, or cutting short there if coming from elsewhere are a good way to build mileage. I sense that someone might be priming for a 10k in may... The liberty half marathon in september is a classic too though I would recommend using salt caps if it is too warm and you are sweating a lot.

Posted on: 3/8 18:43
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Re: New Tax Rate is Insane!
#17
Home away from home
Home away from home


I feel that the issue for people who are 80+ and facing taxes increase is more cognitive in nature in understanding how they can extract equity if needed to supplement their taxes. I hope they can rely on Solomon or any attorney to guide them in this process as compared to being scared into selling and leaving.

The reason I am writing this is because I received a cash-for-house mailer this week which seems to fit the later scenario.
Inventories are pretty tight even right now (wasn't the y/y price increase 24% in JC?), and it seems logical for savvy investors to use scare tactic to increase their options.

These older people need to be aware of their options too.
They still will have to pay their taxes, we are obviously beyond "Make Greenville Pay Again" (trademarked Brewster if I am not misguided).


Posted on: 2/25 17:43
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Re: New Tax Rate is Insane!
#18
Home away from home
Home away from home


Interesting point Brewster. I wonder what the POS is in challenging the land assessment discrepancies and hence, the entire appraisal process. Lawyers should know, but I have not seen this argument being bubbled up on Nextdoor..., yet.

Posted on: 2/23 14:36
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Re: New Tax Rate is Insane!
#19
Home away from home
Home away from home


I can appreciate having another reval to capture the impact of the current one. That being said, I got the feeling that it is already captured in quite a few assessments. Just looking at friends assessment cards and my own, we seem to be in the 10-15% discount which would make a county appeal unsuccessful. I wonder it was intentional from the appraisal company.

Instead of having a single broad reval 2 years later, it would be more useful to have a plan for a rolling reval, e.g. 20% of properties every 2 years. It would fit within the 10 year mandate.

Posted on: 2/23 6:16
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Re: New Tax Rate is Insane!
#20
Home away from home
Home away from home


+1

Posted on: 2/18 11:44
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Re: Reval - press request
#21
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Home away from home


Nicole, if you haven't got the link, please find it below for the entire wards. The full data is not there yet, so I would definitely hold on making an article on the impact on individuals if this is your intention. If your intention is to focus on the process, I believe you have material as per below.

I live in HP area for the record and yes, my taxes are going up a bit though they have already for many years - I guess I have been "planning" for the hike for some time already. But I think we need the full story across JC, not downtown only. And I can't help but notice that the individuals who are getting soaked with huge bills, especially the ones pointed out in the nj.com article, have quite a bit of land and square footage some of which could be put to good use if not already. This as compared to individuals in say Greenville or Bela whose leverage has been less doable.

Good luck finding the right balance..

http://www.asinj.com/revaluation.asp?p=current&id=359

Posted on: 2/18 11:13
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Re: New Tax Rate is Insane!
#22
Home away from home
Home away from home


The last property is a gem with parking. Seems high but I am not too surprised..

Posted on: 2/7 21:23
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Re: All your recycling headed for a landfill?
#23
Home away from home
Home away from home


The answer if maybe. If at the same time, the city banned all disposable plastic bags in favor of biodegradable material, we may end up in a better situation where we are processing our own shit locally - this does not refer to basements filling up after heavy rain.

Posted on: 2/5 19:48
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Re: Rent increases in light of revaluation
#24
Home away from home
Home away from home


My impression is that landlords will not be able to raise rents very much, not because of the law but because of the market. There are plenty of units for rent (coming) on the market, combined with the folks who will have to rent part of their house, combined with the downward trend in rents in Manhattan, all of which will put a limit to what landlords can do. I know this, I am one of them and I have seen quite a few lingering for rent signs recently. I can only do a gradual increase at this point.

Posted on: 1/29 19:18
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Re: JC golf course seeks to expand into Liberty State Park
#25
Home away from home
Home away from home


To me, this looks like some sorts of domino things going around, and I wonder how much coordination (soon to be/ex Christie?) DEP officials did with Suntex and the golf course. You have:
1) suntex giving money in exchange for south and north marina building and restoration.
2) the golf course giving money in exchange for the nature reserve.
3) the state going for the entire development of the western side of LSP with fresh money.

It seems like screw the birds and the picnic visitors in exchange for the "completion" of LSP.

If we sell the nature reserve and develop the west side, there won't be any real nature reserve to talk about in addition to loss of important marsh land. I would be more inclined actually to negotiate with suntex on a minimal development of the southern marina (no parking take over, a sailing school) in exchange for some money for LSP western final remediation and development.

Posted on: 1/25 19:15
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Re: Just say 'no' to 'millionaires' marina on the south side of Liberty State Park
#26
Home away from home
Home away from home


"While our opponents have painted the proposed marina as the playground of millionaires, the reality is the project will service local fisherman as well as local middle-class boat owners, who our research shows face a shortage of marina space," he said in a statement, adding that Fulop should work with Suntex "rather than issue threats through the media." per Suntex president.

Yeah right, local middle class boat owners, especially the ones that could dock at the south east corners as per Suntex picture. Super middle class indeed... I was sort of giving them the benefit of the doubt as a commercial company with its own interest but I guess no more. Glad our city is exposing and halting all the shortcuts Suntex relies on to push this through including obviously some insider in the current state administration. I wonder what a freedom of information request would give in terms of who did what.

Posted on: 1/2 18:54
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Re: Just say 'no' to 'millionaires' marina on the south side of Liberty State Park
#27
Home away from home
Home away from home


We have to hold commissioner and governor (whoever it is) feet to the fire, especially when they are close to changing job and may have a vested interest in a giving away public property. If Murphy approves this, he will experience Murphy's law likewise

Posted on: 12/9 11:10
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Re: Just say 'no' to 'millionaires' marina on the south side of Liberty State Park
#28
Home away from home
Home away from home


Comments from FLSP. This is public land confiscation plain and simple. Let's call them and remind them of legal action if they attempt to shove "public hearings" between Xmas and new year. If I knew how to do this I would file a Freedom of Information requests for all records between Christie and DEP. It looks like a departing gift. https://www.facebook.com/friendsoflibertystatepark/?fref=ts

Posted on: 12/7 21:08
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Re: Just say 'no' to 'millionaires' marina on the south side of Liberty State Park
#29
Home away from home
Home away from home


Yeah right, it does not obstruct the view, they even had the gall to put the boat slip all the way to the south east corner!! WTF!@!@@!@

You bet I will be there with the jc crowd if they try to pull this. I will also gladly participate in a go-fund-me-like legal fund to fight this. Btw where should I file a complain for neglect on the north marina path?

Posted on: 12/7 18:02
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Re: 2017 Reval ~ Property Inspections
#30
Home away from home
Home away from home


Another tool below - not sure whether it is the latest version of the senate bill. It looks like the SALT adjustment starts having a negative impact when >40K in property+state tax and it may be less impactful if AMT is eliminated. In any case, the "reform" seems more profitable for investors who buy-to-rent since it looks like there won't be cap on SALT deduction. Imho though, any investment in this area should take into consideration the likelihood of a downward adjustment in rents with more units turning on the market.

https://www.marketwatch.com/story/the- ... hat-do-you-owe-2017-10-26

Posted on: 12/5 20:41
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