JCGuys wrote:
Quote:

hero69 wrote:
well, i hope the objective of this potential purchase is to make a decent rturn on tax payer money with providing affordable housing as a secondary goal.

What could go wrong...

Seriously, affordable housing is expensive. $100 million for the lot plus remaining remediation plus infrastructure for another $70 million or so plus $200,000 for each affordable unit, with the city wanting at least a couple thousand. Then throw in interest and other fees.

That's well over half a billion that will need to be subsidized by the market rate condos/rentals!

CatDog wrote:
My god you people are thick. IT WAS THEIR MONEY TO BEGIN WITH.

Also, I find it rich that Republicans are trying to lecture anyone on dealing with Iran. Saint Reagan illegally and secretly sold weapons to Iranian Islamist terrorists that had been taking Americans hostage. Then he gave that money to Nicaraguan terrorists that laid landmines all over the country killing countless innocents, and also smuggled cocaine into the US.

And yet, I never seem to hear a single bad word about Reagan. He's hailed as a hero of the right, while Obama is derided for settling a 50 year old debt with money that Iran was already owed, in good faith negotiations.

Monroe wrote:
Murphy wants to raise taxes $1.4 billion, and it's not enough for hero69??

Maybe look into ways to cut spending, we sure don't have a revenue problem, we have a spending problem.

Monroe wrote:
Quote:

hero69 wrote:
why isn't nj actively thinking about increasing gas, cigarette and alcohol taxes. What about revenue from legalized marijuana.

so far, i have been UNDERWHELMED by Sweeney...the guys seems to be lacking although he is a vast improvement over that last clown.

You do know Murphy, not Sweeney, is the Governor, right?

jcneighbor wrote:
P&K had about a year left on their 20-year lease. The new lease offer was over $20k/month and they'd told me they couldn't swing that months before the pedestrian plaza expansion. But multiple store owners have said that the pedestrian plaza has reduced their business. I've been here over 30 years and know enough of the longtime owners. They told me directly-

bodhipooh wrote:
Quote:

hero69 wrote:
if cobblestones are prohibitively expensive, what about some nice trees that provide shade and so public artwork. i would think that fulop and the City must have some extra money in the slush fund given the reval.

UGH. I wish people would stop with this type of comment. The reval is REVENUE NEUTRAL. The city is collecting the same amount of money post reval as it did before the reval. There is no such thing as extra money because of the reval.

135jc wrote:
Quote:

jc_dweller wrote:
Quote:

135jc wrote:
My wife just informed by the owners that P&K food market will close due to the pedestrian plaza. The rely on people pulling up and double parking to get groceries.

Surely you aren't suggesting that progressive urban development shouldn't happen so that a store, or at least a store's customers, can partake in illegal parking? Bay Street was a traffic nightmare that should have been enforced a decade (or more) ago. That they'd jump ship so soon (if this rumor is true) is shortsighted, and that they think they're above the law in order to generate business is laughable.

I'm staring that the owners said they are going to eventually close due to the plaza. Nothing more than that!

bodhipooh wrote:
Quote:

iGreg wrote:
Quote:

neverleft wrote:
.
Jersey City pitches $180M plan to buy 100-acre riverfront site

Updated 5:29 PM; Posted 3:33 PM
By Terrence T. McDonald tmcdonald@jjournal.com

The Jersey Journal

JERSEY CITY — Jersey City is considering whether to buy the 100-acre Bayfront site on the Hackensack River waterfront, a potentially $180 million plan that Mayor Steve Fulop told council members would be an "aggressive" albeit expensive way to ensure a large amount of affordable housing on the city's west side.


http://www.nj.com/hudson/index.ssf/20 ... e.html#incart_river_index

"The city would act as the master developer, potentially divvying the land up among multiple developers."

#notoriety

What could possibly go wrong with the city acting as the master developer?

Serious question: isn't 105 MM for 100 acres a little too much? Or, is that the going rate for crap land located in the middle of nowhere? I truly don't have the slightest clue regarding valuation for this type of lot in such a location.

jerseymom wrote:
By Terrence T. McDonald tmcdonald@jjournal.com
The Jersey Journal

JERSEY CITY — Jersey City may say "ta ta" to its ban on women going topless in public.

More

jc201jc wrote:
i went to the JC KMart a couple of months ago. dreadful. depressing.

Rams wrote:
Spacious one bedroom for rent at 201 Saint Pauls Ave close to JSQ path Station. Large windows, plenty of closets. Rent includes; Heat, hot water, cooking gas. Only four blocks away from JSQ PATH Station. Please call +1732-309-8391 for details.

neverleft wrote:
.
Developer breaks ground on 309-unit project in Jersey City's Lafayette section
Updated 3:08 PM; Posted 3:01 PM

By Ron Zeitlinger The Jersey Journal

Ironstate Development Company, known for its Downtown Jersey City projects, broke ground this week on a mixed-use building in the Lafayette neighborhood.

The $84 million project, undertaken with joint venture partners Brookfield Property Group and Landmark Developers, is expected to include 309 residential units, 3,800 square feet of street-level retail space and 8,000 square feet of commercial space that will serve as the new headquarters for the Jersey City Redevelopment Agency.

The planned five-story building, at 100 Monitor Street, will occupy a now-vacant 2.7-acre site near the Liberty State Park Hudson-Bergen Light Rail Station and within walking distance of the Liberty Science Center and Liberty State Park.

http://www.nj.com/hudson/index.ssf/20 ... a.html#incart_river_index