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Re: Condo in Jersey City sells for $2.8 million, sets record
#18
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tommyc_37 wrote:
It's not a matter of cost, it's a matter of urban living versus suburban/rural living.


Yes. You should live where you enjoy living. I have had long 90-120 minute commutes as well as very short walks to work. None of that matters if you don't like where you are when you get home and where you spend your weekends and free time. With a 15-minute walk to work, I just sleep later in the mornings and take care of household stuff when I get home earlier. It never feels like I have all this extra time on my hands. With longer commutes I read a lot more books and it becomes a habit that I just don't dwell on or ponder too much. So, unless you just absolutely cannot physically and emotionally stand commuting more than an hour or so and sleep is of paramount importance in your life, you should not let commuting time dictate your residence. Eddie Albert or Eva Gabor?

Posted on: 2013/10/4 9:38
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Re: Condo in Jersey City sells for $2.8 million, sets record
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Plus, what would we all complain about on "Freehold List?"

With no disrespect to Freehold intended.

Posted on: 2013/10/4 8:55
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Re: Condo in Jersey City sells for $2.8 million, sets record
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boomer wrote:
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JaeTea wrote:
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Prismatic wrote:
Then I asked him to remind me how much time he spends commuting every day, it's ~3.5 hours on a good day. He lives in PA.



I hate people like that. I tell them what rent is around here and they're like "Thats more than my mortgage!" as they get in their car to drive in 3 hours of traffic one way home to central jersey. Where their property taxes are 15K a year.

I wanna stab those fucking idiots in the face.


Why hate them?

I feel sorry for them. This guy doesn't have kids said he wanted a big house/yard and cheap housing. But, there's only so many hours in a day, why waste it if you don't have to.


How is spending 1000 hrs a year commuting cheap? If he makes $50k a year, that's time's worth $25k. Never mind the actual transport cost.

Posted on: 2013/10/3 19:06
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Re: Condo in Jersey City sells for $2.8 million, sets record
#15
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JaeTea wrote:
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Prismatic wrote:
Then I asked him to remind me how much time he spends commuting every day, it's ~3.5 hours on a good day. He lives in PA.



I hate people like that. I tell them what rent is around here and they're like "Thats more than my mortgage!" as they get in their car to drive in 3 hours of traffic one way home to central jersey. Where their property taxes are 15K a year.

I wanna stab those fucking idiots in the face.


Why hate them?

I feel sorry for them. This guy doesn't have kids said he wanted a big house/yard and cheap housing. But, there's only so many hours in a day, why waste it if you don't have to.

Posted on: 2013/10/3 18:16
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Re: Condo in Jersey City sells for $2.8 million, sets record
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It's not a matter of cost, it's a matter of urban living versus suburban/rural living.

Posted on: 2013/10/3 17:50
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Re: Condo in Jersey City sells for $2.8 million, sets record
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Crazy_Chester wrote:
Some people put up with commutes so as not to have to raise their kids here. It's only an hour or so to Monmouth County and the taxes are not much different than a downtown two-bedroom condo. No condo fees, either. And the schools? Come on. Can't say that I blame them.


Sure, different strokes for different folks. But scoffing at JC rents when not factoring in the monetary and opportunity cost of commuting >1 hr. is short sighted. It's great to have a yard and good schools but what's that worth if you are only home in time to see your kids awake for an hour or two? Not to mention needing a car in the 'burbs - the cost of a car payment and insurance could cancel out the cheapness of the rent/mortgage.

Posted on: 2013/10/3 17:16
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Re: Condo in Jersey City sells for $2.8 million, sets record
#12
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Some people put up with commutes so as not to have to raise their kids here. It's only an hour or so to Monmouth County and the taxes are not much different than a downtown two-bedroom condo. No condo fees, either. And the schools? Come on. Can't say that I blame them.

Posted on: 2013/10/3 16:28
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Re: Condo in Jersey City sells for $2.8 million, sets record
#11
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Prismatic wrote:
Then I asked him to remind me how much time he spends commuting every day, it's ~3.5 hours on a good day. He lives in PA.



I hate people like that. I tell them what rent is around here and they're like "Thats more than my mortgage!" as they get in their car to drive in 3 hours of traffic one way home to central jersey. Where their property taxes are 15K a year.

I wanna stab those fucking idiots in the face.

Posted on: 2013/10/3 16:17
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Re: Condo in Jersey City sells for $2.8 million, sets record
#10
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Prismatic wrote:
Crazy! Although I wouldn't buy a condo for that price in that building. I read an article a while ago of a palce that has its own pool (I think on a balcony, garage, and was about 3 floors for around $1.2mil. Spending millions on a 48th floor condo just rattles my nerves.


Reminds me of the guy I work with who was saying real estate here is overpriced, that his place is 25% the cost of a house here. Then I asked him to remind me how much time he spends commuting every day, it's ~3.5 hours on a good day. He lives in PA.


Posted on: 2013/10/3 14:40
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Re: Condo in Jersey City sells for $2.8 million, sets record
#9
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We added some additional information about the building and history on our site:

http://thejerseycitylife.com/2013/10/ ... cord-setting-2-8-million/

Hope its helpful.

Posted on: 2013/10/3 14:13
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Re: Condo in Jersey City sells for $2.8 million, sets record
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The sea was angry that day, my friends, like an old man trying to send back soup in a deli!

Posted on: 2013/10/3 14:08
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Re: Condo in Jersey City sells for $2.8 million, sets record
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Hole in one.

Posted on: 2013/10/3 14:07
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Re: Condo in Jersey City sells for $2.8 million, sets record
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Is that a "Titlest"?

Posted on: 2013/10/3 13:51
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Re: Condo in Jersey City sells for $2.8 million, sets record
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"Golf simulator?" Well now, that seals it. Do you get to drive off a tee into NY Harbor a-la Cosmo Kramer? Is anyone here a marine biologist?!?

Posted on: 2013/10/3 8:35
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Re: Condo in Jersey City sells for $2.8 million, sets record
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Crazy! Although I wouldn't buy a condo for that price in that building. I read an article a while ago of a palce that has its own pool (I think on a balcony, garage, and was about 3 floors for around $1.2mil. Spending millions on a 48th floor condo just rattles my nerves.

Posted on: 2013/10/2 17:53
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Re: Condo in Jersey City sells for $2.8 million, sets record
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This is the developer that not only demanded to renegotiate its abatement because the building wasn't profitable, but sued the city when they didn't get their way.

I am glad the properties are selling. I also hope that the Fulop administration performs the municipal equivalent of a proctology exam on the project's finances.

Posted on: 2013/10/2 17:25
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Re: Condo in Jersey City sells for $2.8 million, sets record
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I couldn't be happier. Looking forward to the next record.

Posted on: 2013/10/2 17:02
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Condo in Jersey City sells for $2.8 million, sets record
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Posted on: 2013/10/2 16:41
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