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Re: Residential Projects Underway
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Home away from home
 
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Here is the latest map (May 2013):
http://thejcra.org/jcra_files/File/re ... pment%20Map%2028MAY13.pdf Quote:
Posted on: 2013/7/19 19:49
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Re: Residential Projects Underway
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Home away from home
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I agree with your speculation. I think the projects will really enhance the face of down town. It's going to attract a lot of new buyers and renters. Although, I don't think it's going to be the Brooklyn renaissance that a lot of people are hoping for. I think power house arts will end up being a lot like Newport feel and demographic wise.
Posted on: 2013/7/19 18:59
Edited by Bubble_Tea on 2013/7/19 19:18:49
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Home away from home
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It won't be a meaningful glut. The units will come to market too slowly and there is pent up demand from five years of not really building anything. Manhattan's rental prices keep climbing. Also, it might happen that some projects get financing to be condo before they finish the units.
Posted on: 2013/7/19 18:12
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Quite a regular
 
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I'm a realtor. All of the larger developments will be luxury apartments likely starting in the $2200/mo range. The builders don't like to release inventory at the same time because they want to avoid competition; they should be spaced out enough that the market will absorb them. If a few of the larger ones happen to open up within the same three to six month timeframe, that could curb the increase in the luxury segment. Either way, rentals under $2k should be unaffected by these buildings and continue to rise.
Posted on: 2013/7/19 18:12
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Home away from home
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The city planning devision has color coded PDFs of development proposals, construction, ect. The most recent I have is 2011, which is now obviously old.
http://www.cityofjerseycity.com/hedc.aspx?id=1170
Posted on: 2013/7/19 18:09
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Does anyone expect the influx of rental units to temper rental costs or do you think the demand will soak it right up?
Posted on: 2013/7/19 17:55
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Just can't stay away
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It's the Toll Brothers Project. They broke ground on the first building which will face Marin Blvd.
Posted on: 2013/7/19 17:40
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Just can't stay away
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It's the Toll Brothers Project. They broke ground on the first building which will face Marin Blvd.
Posted on: 2013/7/19 17:38
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Just can't stay away
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It's the Toll Brothers Project. They broke ground on the first building which will face Marin Blvd.
Posted on: 2013/7/19 17:38
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Home away from home
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Can someone please provide more info re:
350 Marin Blvd 38 Story 420 Units A web link, developer name, news article. etc?
Posted on: 2013/7/19 17:29
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Home away from home
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The Cast Iron Lofts on 18th and Jersey, rental, not sure how many units...also there will be Cast Iron Lofts II not sure if rental or condo.
Posted on: 2013/7/19 17:22
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Home away from home
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South side. Walls are up past street level. (The vacant lot on the North side has had some attention from developers lately, but nothing has come of it yet.)
Posted on: 2013/7/19 16:39
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Home away from home
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Has anyone created a Google map with all of the DT projects?
Posted on: 2013/7/19 16:27
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Just can't stay away
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That project has not started yet. The earliest would be sometime next year.
Posted on: 2013/7/19 15:56
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Just can't stay away
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Yes that is 148 First St. It will be rentals.
Posted on: 2013/7/19 15:54
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Home away from home
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Something is going up being Waldo lofts. Is that on the list? Is it a rental building?
Posted on: 2013/7/19 15:44
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Home away from home
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As someone not interested in moving into a highrise nor dependent on the PATH during rush hour I am somewhat ambivalent about additional development, but I like that more rich consumers will be moving in. Maybe Citerella or an equivalent type store will open. My dream project would be that a developer is emboldened by the success of these projects to redevelop the south side of Newark Avenue from the empty lot to Barrow Street (but saving the health food store). There is also a 5 story building going up on the north side of 1st between Grove and Erie.
Posted on: 2013/7/19 12:22
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Home away from home
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200 Greene Street, east of Powerhouse and Trump Plaza. 1276 units.
I've read 66 stories. Bay Street will be extended to Hudson Street. Construction was said to start in 2013. Yay! More parking garages with towers on top!
Posted on: 2013/7/19 5:35
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Home away from home
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Great. Very informative. Can anyone add to this list? What about the Newport LeFrak rental building. Is that on the list?
Posted on: 2013/7/19 4:14
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Re: Residential Projects Underway
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Home away from home
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Under Construction non-Downtown.
0 (hopefully Mayor Fulop will change this to at least > 0 ) Oh wait there is one thing that Healy did manage to get started outside of DT before he left us.. from JJ Comments: Quote:
Posted on: 2013/7/18 23:41
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Home away from home
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Quote:
What do you like about it?
Posted on: 2013/7/18 23:13
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Residential Projects Underway
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Just can't stay away
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Under Construction Downtown:
110 First Street 35 Story 350 Units 148 First Street 12 Story 120 Units 350 Marin Blvd 38 Story 420 Units 70 Columbus 50 Story 550 Units 18 Park 11 Story 422 Units Warren @ York 12 Story 139 Units 210 Ninth Street 5 Story 25 Units 102 York Street 8 Story 8 Units 8 Erie Street 3 Story 16 Units Roughly 2100 Units. It's nice to see development starting to pick up again.
Posted on: 2013/7/18 22:45
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