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1 Anonymous Users
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Re: Newport Vacancies Rising?
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Home away from home
 
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I agree. Craigslist has de facto become a replacement for local newspaper ads, much to the paper owners horror. A large proportion of the rental ads are from brokers. Why would they not go where the affluent eyeballs are? That LeFrak is late to that revelation is no surprise, they seem to prefer to make their own little world rather than respond to feedback of any sort.
Posted on: 2008/5/1 20:16
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Re: Newport Vacancies Rising?
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Just can't stay away
 
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i know it ain't so pretty and parking is a bitch.
Posted on: 2008/5/1 17:46
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Re: Newport Vacancies Rising?
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Home away from home
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or co-op city. missa, Tell me what you know about Co-op City pros and cons.
Posted on: 2008/5/1 17:23
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Re: Newport Vacancies Rising?
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Home away from home
Joined:
2008/1/3 19:12 Last Login : 2020/9/30 18:46 From Van Vorst Park
Group:
Registered Users
Posts:
2391
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Hey ansky, are you a Rutgers guy by any chance? There's someone with a similar name on the Rutgers boards. Sorry for the "off-topic", everybody else.
Posted on: 2008/4/30 20:42
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Re: Newport Vacancies Rising?
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Just can't stay away
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or co-op city. what i hope for isnt quite as garish and sterile. oh well. and i dont know if the craigslist thing is a big deal, its just a marked turn for something that was previously desirable.
Posted on: 2008/4/30 19:46
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Re: Newport Vacancies Rising?
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Home away from home
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You have just described Lefrak City. Be careful what you wish for.
Posted on: 2008/4/30 18:13
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Re: Newport Vacancies Rising?
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Home away from home
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Well it was 4 years ago so I don't remember exactly which ads I saw where, as I used many sites including Craigslist, apartments.com, rent.net, etc. Honestly I don't see it as a big deal that these luxury apartments are being listed on Craigslist as opposed to any other site.
Posted on: 2008/4/30 18:13
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Just can't stay away
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in all of my time living in JC and perusing real estate ads on craigslist.org i have never seen these places listed, personally. are you saying that you have? i consider ads by management on craigslist for this level of housing to be rather humbling.
Posted on: 2008/4/30 17:46
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Re: Newport Vacancies Rising?
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Home away from home
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But has there really been an *increase* in these ads? I remember seeing a lot of ads for apartments in those buildings even 4 years ago when I was first moving to JC. People move in for a year or two, then the rent increase becomes unaffordable, and they move out. But I do agree we need more moderately priced housing.
Posted on: 2008/4/30 11:35
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Re: Newport Vacancies Rising?
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Just can't stay away
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there are lots of ads for rentals on craigslist.org for units in avalon cove and portside, and while these may or may not be considered newport proper, they are waterfront luxury properties and should be a possible indication of where the trend is heading.
if the city and developers invested more time and money supporting affordable, moderately priced housing, they would see that there returns would never sour because people always look for decent competitively priced places to live.
Posted on: 2008/4/30 10:27
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Re: Newport Vacancies Rising?
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Home away from home
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Maybe you should ask this on the NWA list! HaHa 
Posted on: 2008/4/24 20:36
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Re: Newport Vacancies Rising?
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Home away from home
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I meant that their most recent rental buildings are almost ten years old, the Towers of America having been completed 1999, 2000 and 2001. Yes, indeed the other apartment towers are even older.
Posted on: 2008/4/24 20:34
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Re: Newport Vacancies Rising?
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Home away from home
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which means all of their rentals, the bread and butter of the LeFraks, are nearing 10 years old. ianmac, Try 21 years old...first move-ins in Newport's Presidential Plaza (first 4 towers) were 1987.
Posted on: 2008/4/24 19:11
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Re: Newport Vacancies Rising?
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Home away from home
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Well, I was thinking that Newport is starting to age pretty quickly (and not well). If you think about it, the last few buildings they built were offices, and the most recent was condo, which means all of their rentals, the bread and butter of the LeFraks, are nearing 10 years old. Meanwhile, Grove Pointe and Columbus added 1000 rentals to Jersey City, are brand new, and have much better amenities than Newport. But anyway, I was just wondering if I was the only one to notice the ad blitz or not.
Posted on: 2008/3/14 1:45
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Re: Newport Vacancies Rising?
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Home away from home
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If vacancies are rising, why is it happening? Is the cost of rent there outpacing the economy?
Posted on: 2008/3/14 1:44
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Re: Newport Vacancies Rising?
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Home away from home
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I saw an ad for Newport rentals on the PATH one evening a few weeks ago. I think those vacancies are rising, or at least the LeFrak organization is expecting them to, and is trying to stave off a huge jump in them.
Posted on: 2008/3/14 0:59
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Newport Vacancies Rising?
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Home away from home
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I don't know if someone at the Lefrak organization just discovered Google Ads or if their vacancy rates are on the rise, but it seems their ads are everywhere on the internet late. Any one know anything?
Posted on: 2008/3/14 0:31
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