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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Home away from home
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Maybe the Cheesecake Factory will move in to the retail space below.
Doesn't look like there is any onsite parking either.
Posted on: 2016/1/5 22:02
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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Home away from home
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Yikes... $680/sf is insanely high for building that will likely lack any sort of nice amenities! That's not much more than The Oakman, which was selling at about 10-15% more per sf and that will be a luxury building with 24-hr doormen, tons of amenities and a walk half as short to the Grove PATH. The DTJC market IS really crazy. Quote:
Using The Gannon as a baseline is too easy. ;) And, don't be too sure about the units moving too quickly... The Gannon is not yet fully sold, and it has been close to a year already.
Posted on: 2016/1/5 18:35
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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Home away from home
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prices are high given the location is not waterfront or even next to grove path.
cant speak for construction quality seems to be better than the junk that is the gannon. given how hot the market is, they will probably sell it though.
Posted on: 2016/1/5 17:08
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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Home away from home
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Back in the day there was actually a bakery on that lot which is why it's named Cheesecake lofts.
Posted on: 2016/1/5 3:05
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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Home away from home
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Isn't the same developer doing both buildings? Maybe you can ask these questions to the sales office for 251 Newark Ave.
Posted on: 2016/1/5 1:49
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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Home away from home
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Quote:
They are listed on Zillow as condos. http://www.trulia.com/property/322168 ... e-3D-Jersey-City-NJ-07302
Posted on: 2016/1/4 23:36
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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Home away from home
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Stupid food names are way better than pretentious historical names.
Spare me your Cast Iron Lofts. Bring on the Nutella Lofts.
Posted on: 2016/1/4 23:18
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Re: 251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Home away from home
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i don't have any renderings, but i love the name! i can't wait until there is a noodle lofts or a burger lofts or a french fry lofts
Posted on: 2016/1/4 22:13
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251 Newark Ave (Cheesecake Lofts) and 239-249 Newark Ave
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Newbie
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Does anyone know whether the proposed 54 residential units on 239-249 Newark Avenue will be condos or rentals? Will they build all the way to the edge of the existing building on the same lot and right up against 251 Newark Avenue? Are there any existing renderings or plans out there? I am thinking of purchasing property at 251 Newark Avenue and wondering how much of the cut out light corridor will be blocked by the new building coming in. Thanks.
Posted on: 2016/1/4 21:54
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