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Re: Anyone else find this obnoxious?
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There's nothing in this thread so entertaining as the realistic "curbed" blurb. Thank you jerseymom.

Posted on: 2016/5/17 20:39
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Re: Anyone else find this obnoxious?
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What no Kids ?

Posted on: 2016/5/17 19:47
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Re: Anyone else find this obnoxious?
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Quote:

Voyeur wrote:
Tax records say they paid $800,000 in Feb 2009.

Also states that they paid just $216 in property taxes in 2015. That is not a typo.


The $216 is likely for a parking space, which is typically not abated.


Quote:

bodhipooh wrote:
And, btw, considering that they paid 800K in 2009, these homeowners seem to have shouldered a larger tax burden than the average DTJC homeowner, paying an effective tax rate of over 1.5%.


Standard PILOT rate is 1.6%. That's the thing most of the abatement bashers don't understand - people who bought with PILOTs set when the markets were strong (2003 to 2007 or 2013 to now) actually pay considerably higher taxes than most everyone else for comparable space. (I used the term "taxes" because that's what a PILOT really is - it's property tax in a different form.) If you bought a 3 br 1600 sf condo for $1 million, you are paying a PILOT of $16,000 per year. Not many folks in the gracious brownstones (many of which are worth more than $1 million) are paying taxes that high.

Posted on: 2016/5/17 19:12
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Re: Anyone else find this obnoxious?
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They will do what Newport and other have done when their tax abatements expire, run to tax court and appeal.

Posted on: 2016/5/17 19:10
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Re: Anyone else find this obnoxious?
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Quote:

Voyeur wrote:
Tax records say they paid $800,000 in Feb 2009.

Also states that they paid just $216 in property taxes in 2015. That is not a typo.

That can't be right, surely?

UPDATE: 20-year tax abatement adopted in 2004. So apparently the people buying the $2m apartment won't have to eat the reval rate like the rest of us until 2024.

Well isn't that dandy?

http://www.talkingpolitics.net/tax%20abatements/tax_abatements.htm


Actually, the Street Easy information is incorrect. The current taxes on that property are $13,483. Regardless, that is still a great deal, and will remain so for the next 7 years. But, come 2024, whoever owns the place better be prepared for the hit that will come their way.

Here is the Zillow listing, which includes much more information: http://www.zillow.com/homedetails/159 ... -NJ-07302/108635170_zpid/

And, btw, considering that they paid 800K in 2009, these homeowners seem to have shouldered a larger tax burden than the average DTJC homeowner, paying an effective tax rate of over 1.5%.

Posted on: 2016/5/17 18:53
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Re: Anyone else find this obnoxious?
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Tax records say they paid $800,000 in Feb 2009.

Also states that they paid just $216 in property taxes in 2015. That is not a typo.

That can't be right, surely?

UPDATE: 20-year tax abatement adopted in 2004. So apparently the people buying the $2m apartment won't have to eat the reval rate like the rest of us until 2024.

Well isn't that dandy?

http://www.talkingpolitics.net/tax%20abatements/tax_abatements.htm

Posted on: 2016/5/17 17:44
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Re: Anyone else find this obnoxious?
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Quote:

jerseymom wrote:
[quote]

MY "Curbed" excerpt (a girl can dream):

The decor, meanwhile, is partially influenced by JerseyMom's tastes—a mix of low/even lower that includes items from Pottery Barn's Last Chance Section and Target Back-of-the-Store Clearance plus one-of-a-kind finds from Salvation Army and Craigslist - but also features many items collected from her travels around New Jersey.


Lol.... "New items available for display shortly after recycling day"

Posted on: 2016/5/17 17:30
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Re: Anyone else find this obnoxious?
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Nice to have a peak into how the other half of DTJC lives.

Posted on: 2016/5/17 17:24
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Re: Anyone else find this obnoxious?
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Quote:

jerseymom wrote:
Quote:

07310 wrote:
"The loft was her first big design project" The place looks like it was furnished from Pier 1, cheap and cheesy. I wouldn't pay 2M for a place with a view of the back of Shoprite and BJ's.


Their "Curbed" excerpt:

The decor, meanwhile, is partially influenced by Regina's tastes—a mix of high/low that includes custom pieces as well as items from Pottery Barn and Target—but also features many items collected from the couple's travels around the world.

MY "Curbed" excerpt (a girl can dream):

The decor, meanwhile, is partially influenced by JerseyMom's tastes—a mix of low/even lower that includes items from Pottery Barn's Last Chance Section and Target Back-of-the-Store Clearance plus one-of-a-kind finds from Salvation Army and Craigslist - but also features many items collected from her travels around New Jersey.


What? No "family heirlooms", you know, the "not really your taste" crap that the parents were discarding when they downsized?

Posted on: 2016/5/17 16:58
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Re: Anyone else find this obnoxious?
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Really obnoxious infomercial. $2M plus a bit over $1K monthly common charge for a view of the backside of the soon-to-be-torn-down Shoprite and BJ's. The new owner will spend $10K+/month for living next to demolition and then high rise construction going on for YEARS, followed by having no view at all. Such a deal...

Posted on: 2016/5/17 16:55
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Re: Anyone else find this obnoxious?
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Quote:

07310 wrote:
"The loft was her first big design project" The place looks like it was furnished from Pier 1, cheap and cheesy. I wouldn't pay 2M for a place with a view of the back of Shoprite and BJ's.


Their "Curbed" excerpt:

The decor, meanwhile, is partially influenced by Regina's tastes—a mix of high/low that includes custom pieces as well as items from Pottery Barn and Target—but also features many items collected from the couple's travels around the world.

MY "Curbed" excerpt (a girl can dream):

The decor, meanwhile, is partially influenced by JerseyMom's tastes—a mix of low/even lower that includes items from Pottery Barn's Last Chance Section and Target Back-of-the-Store Clearance plus one-of-a-kind finds from Salvation Army and Craigslist - but also features many items collected from her travels around New Jersey.

Posted on: 2016/5/17 16:49
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Re: Anyone else find this obnoxious?
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"The loft was her first big design project" The place looks like it was furnished from Pier 1, cheap and cheesy. I wouldn't pay 2M for a place with a view of the back of Shoprite and BJ's.

Posted on: 2016/5/17 16:25
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Re: Anyone else find this obnoxious?
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Great catch - even better.

Quote:

jerseymom wrote:
Quote:

radryan03 wrote:
http://ny.curbed.com/2016/5/16/116388 ... -home-tour-renovated-loft

Yes, Regina & Billy were real pioneers... forging their way into a doorman building... such a ghost town too. I guess they don't frequent the ShopRite at 11PM. lol

Should read "couple buys nice apartment and makes it nicer"



From the comment section:

horizontalblinds

Does anyone else find it terrrribly cheesy that this apartment is currently for sale? Been on the market for 33 days and just had a $101,000 price chop (and still asking big, big money for the building). Why does Curbed not know this? Or worse, why do they not care and are effectively making this an advertisement for the owners? Just be upfront about it.

http://streeteasy.com/new_jersey/building/waldo-lofts/706


Posted on: 2016/5/17 16:24
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Re: Anyone else find this obnoxious?
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Quote:

radryan03 wrote:
http://ny.curbed.com/2016/5/16/116388 ... -home-tour-renovated-loft

Yes, Regina & Billy were real pioneers... forging their way into a doorman building... such a ghost town too. I guess they don't frequent the ShopRite at 11PM. lol

Should read "couple buys nice apartment and makes it nicer"



From the comment section:

horizontalblinds

Does anyone else find it terrrribly cheesy that this apartment is currently for sale? Been on the market for 33 days and just had a $101,000 price chop (and still asking big, big money for the building). Why does Curbed not know this? Or worse, why do they not care and are effectively making this an advertisement for the owners? Just be upfront about it.

http://streeteasy.com/new_jersey/building/waldo-lofts/706


Posted on: 2016/5/17 16:20
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Anyone else find this obnoxious?
#1
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http://ny.curbed.com/2016/5/16/116388 ... -home-tour-renovated-loft

Yes, Regina & Billy were real pioneers... forging their way into a doorman building... such a ghost town too. I guess they don't frequent the ShopRite at 11PM. lol

Should read "couple buys nice apartment and makes it nicer"


Posted on: 2016/5/17 16:11
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