Register now !    Login  
Main Menu
Who's Online
115 user(s) are online (105 user(s) are browsing Message Forum)

Members: 0
Guests: 115

more...




Browsing this Thread:   2 Anonymous Users




« 1 2 3 (4) 5 »


Re: Buying "Hold" Properties in JC Ghetto
#31
Home away from home
Home away from home


Hide User information
Joined:
2006/5/10 16:36
Last Login :
2023/7/18 1:45
From Hamilton Park
Group:
Registered Users
Posts: 981
Offline
There was one Astor Place house that came on the market briefly last week, but it was some kind of sham as it was closed before even allowing anyone to view.

Robin.

Posted on: 2015/5/19 0:11
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#30
Just can't stay away
Just can't stay away


Hide User information
Joined:
2014/5/23 1:27
Last Login :
2021/2/23 1:38
From Bergen Hill
Group:
Registered Users
Posts: 92
Offline
Speaking of Astor Pl (I live here), got a letter from a woman today saying that she's in love with Astor Pl, that she's looking to purchase on this street specifically, regardless of the condition of the home. So, hurrah for change! :)

PM if you know someone who wants to sell.

Posted on: 2015/5/18 23:27
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#29
Home away from home
Home away from home


Hide User information
Joined:
2013/3/29 21:43
Last Login :
2023/9/5 18:27
From Bergen Hill
Group:
Registered Users
Posts: 1980
Offline
Quote:

Monroe wrote:
Pebble, do you think home values would increase in BeLa and Greenville if crime decreased? If yes, then you agree with me.

My apologies if you thought I was disagreeing with you. I was more laughing at those that think these areas aren't rising already and they are rising rapidly.

I do think that the over-dramatization of the crime level is just that. I understand what occurred on Pacific recently, but just take a Saturday event at Pacific Flea and follow it up with a trip to NuBar. The area isn't what many here want to believe it to be. A few years back, sure. Now? No.

Posted on: 2015/5/14 14:55
Dos A Cero
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#28
Home away from home
Home away from home


Hide User information
Joined:
2013/5/15 14:11
Last Login :
2020/10/5 21:44
Group:
Registered Users
Posts: 4652
Offline
Pebble, do you think home values would increase in BeLa and Greenville if crime decreased? If yes, then you agree with me.

Posted on: 2015/5/14 14:22
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#27
Home away from home
Home away from home


Hide User information
Joined:
2013/3/29 21:43
Last Login :
2023/9/5 18:27
From Bergen Hill
Group:
Registered Users
Posts: 1980
Offline
This is definitely a funny thread. The lack of knowledge regarding property and the direction of values is comical.

Posted on: 2015/5/14 13:50
Dos A Cero
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#26
Home away from home
Home away from home


Hide User information
Joined:
2008/8/12 18:31
Last Login :
2020/4/26 22:05
Group:
Registered Users
Posts: 3932
Offline
Quote:

hero69 wrote:
Quote:

Monroe wrote:
Actually news reports all week have been focusing on the increase of shootings in NY under the watch of Mayor DeBlasio, and in nearby Newark it's at such a crisis level Mayor Baraka will be setting up shop on different hot spot streets.

And where I hang in BeLa recently there have been a spate of shootings, including a guy getting whacked on Pacific followed by another shooting in a nearby park, and another multiple shooting a few blocks west.
democrats had better crack down hard on thugs if they want to stay in office...and no, i'm not talking about ineffectual stop and frisk, but putting the violent criminals away for a long, long, long time


Even liberal intellectuals admit that "stop and frisk" represents a conundrum for them: it's hard to argue against the results (NYC is improbably and shockingly low on crime) even if the method is unsavory to their ideals. A few months ago, I listened to an NPR segment discussing this, and how even some liberals are supporting stop and frisk (despite the optics of it all, and the implications) because the results are incredibly good.

And, guess what? Despite the economy being on an upswing, crime is inching up in NYC. Do you really think it is ONLY A COINCIDENCE that the crime uptick and governmental policy statements of stopping/limiting "stop and frisk" and decriminalizing "petty offenses" are happening at the same time? Or, could it be that criminals feel emboldened?? I really, really hope DiBlasio gets voted out of office during the next election, or that he comes to his senses, and stays the course. Because a rise in crime in NYC (even if just for a few years) can have a very detrimental effect on the work and results that were achieved over the previous 15 years.

Posted on: 2015/5/14 13:21
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#25
Home away from home
Home away from home


Hide User information
Joined:
2013/5/15 14:11
Last Login :
2020/10/5 21:44
Group:
Registered Users
Posts: 4652
Offline
Even after the indictment of the three black and three white police officers in the Freddie Gray case the thugs continue to play.

Last Thursday? 10 shot. Last Sunday? 10 more shot, including three killed within 39 minutes.


Posted on: 2015/5/14 11:01
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#24
Home away from home
Home away from home


Hide User information
Joined:
2004/11/14 2:38
Last Login :
2023/1/30 21:43
Group:
Registered Users
Posts: 3792
Offline
Quote:

Monroe wrote:
Actually news reports all week have been focusing on the increase of shootings in NY under the watch of Mayor DeBlasio, and in nearby Newark it's at such a crisis level Mayor Baraka will be setting up shop on different hot spot streets.

And where I hang in BeLa recently there have been a spate of shootings, including a guy getting whacked on Pacific followed by another shooting in a nearby park, and another multiple shooting a few blocks west.
democrats had better crack down hard on thugs if they want to stay in office...and no, i'm not talking about ineffectual stop and frisk, but putting the violent criminals away for a long, long, long time

Posted on: 2015/5/14 10:50
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#23
Home away from home
Home away from home


Hide User information
Joined:
2013/5/15 14:11
Last Login :
2020/10/5 21:44
Group:
Registered Users
Posts: 4652
Offline
Actually news reports all week have been focusing on the increase of shootings in NY under the watch of Mayor DeBlasio, and in nearby Newark it's at such a crisis level Mayor Baraka will be setting up shop on different hot spot streets.

And where I hang in BeLa recently there have been a spate of shootings, including a guy getting whacked on Pacific followed by another shooting in a nearby park, and another multiple shooting a few blocks west.

Posted on: 2015/5/14 10:40
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#22
Home away from home
Home away from home


Hide User information
Joined:
2012/1/11 18:21
Last Login :
2019/12/26 15:30
From GV Bayside Park
Group:
Registered Users
Posts: 5356
Offline
Quote:

Monroe wrote:
Quote:

iGreg wrote:
Some nice large houses with plenty of built in garages behind them in Greenville and along other parts of the 'hood'.

With the JC values increasing are any savy investors buying to hold in this area ?

Astor place was a living toilet not very long ago.....



Of course, 5 women and 1 man shot in the last couple days in Greenville might keep prices down a bit.


It is apparent you are not from around here, I grew up in the metro area (Brooklyn) and people get shot and sometimes killed, New York City is currently investigating 40 shootings over the last month and no one is screaming how unsafe it is. Only people from west who gives a fuk or someone who actually has never been to NYC. Properties next to the lightrails are not on the market for no more than 2 weeks, but I am sure you already knew that.

Posted on: 2015/5/14 10:26
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#21
Home away from home
Home away from home


Hide User information
Joined:
2004/11/14 2:38
Last Login :
2023/1/30 21:43
Group:
Registered Users
Posts: 3792
Offline
Quote:

bodhipooh wrote:
Quote:

hero69 wrote:
Quote:

bodhipooh wrote:
Quote:

nemobeatz wrote:
The Lafayette hood has also seen a pretty large influx of young couples, many from Brooklyn. The housing stock is ridiculously scarce though atm, I suspect many are sitting on their properties and waiting. Commute into downtown Manhattan from the LSP lightrail is about 30-35 min.


After 8 years in the BeLa neighborhood, I 100% concur with this. Tons of families are sitting on properties that are dilapidated and some are one storm away from collapsing. There are some really neat houses, too. I honestly feel like some old timers are holding on to properties with false hopes of a major windfall, but I just don't see it happening anytime soon. The best bet was 10 years ago, as The Foundry came online and there was a palpable excitement about gentrification and the area turning a corner. Alas, the economy crashed, and by the time things started to improve, the DTJC area was already blowing up with new buildings coming online at the rate of 2 or 3 per year. Unfortunately, the light rail connection adds enough time, hassle and money to act as a deterrent for would be renters and buyers. But, I really like the area and I hope it does well. I have met a ton of people that are really great, and the few that have managed to buy properties and are fixing them up will likely see a good return on their investment in 10 - 20 years.

PS - I know of a property on Monitor that a few years ago sold for 17K (not a typo and, given the conditions, probably was worth less) but with a lot of creativity, effort and money, it could easily be turned into a GREAT home.
i honestly, i think many of the people sitting on their homes are smart...where else are they gonna move to? bayonne, paterson, newark, florida...its not like one is gonna make a killing in bela, astor...


I think you missed my point. The point is not whether or not they would make a killing. The point is that they could make some money by selling. Instead, some of them REALLY believe they can get a million dollar from some investor. I remember talking to someone who lived in a rather run down place, and when we got to the conversation of selling, etc, he straight up told me he wanted one million dollars to leave his place, and that he was waiting for someone to come knocking on his door with that kind of offer. People have short memories but, not too long ago, people were paying silly money for properties/land with this crazy belief that they could "flip" a property for instant riches. All of this was encouraged by all those reality TV shows showing professionals flipping properties all over the US. Of course, as with the liars loans, it was all an unsustainable pipe dream. But, you know what they say... hope is the last thing to die. You may find it hard to believe, but some people in BeLa really think they are sitting on a lottery ticket, and they are waiting until theirs gets called.
yes, the old timers could make some money...but they still have to live someplace...would they move someplace worse/cheaper or someplace better/more expensive? given the limited choices, i probably would sit tight?

Posted on: 2015/5/14 2:21
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#20
Home away from home
Home away from home


Hide User information
Joined:
2013/5/15 14:11
Last Login :
2020/10/5 21:44
Group:
Registered Users
Posts: 4652
Offline
Quote:

iGreg wrote:
Some nice large houses with plenty of built in garages behind them in Greenville and along other parts of the 'hood'.

With the JC values increasing are any savy investors buying to hold in this area ?

Astor place was a living toilet not very long ago.....



Of course, 5 women and 1 man shot in the last couple days in Greenville might keep prices down a bit.

Posted on: 2015/5/14 2:02
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#19
Home away from home
Home away from home


Hide User information
Joined:
2008/8/12 18:31
Last Login :
2020/4/26 22:05
Group:
Registered Users
Posts: 3932
Offline
Quote:

hero69 wrote:
Quote:

bodhipooh wrote:
Quote:

nemobeatz wrote:
The Lafayette hood has also seen a pretty large influx of young couples, many from Brooklyn. The housing stock is ridiculously scarce though atm, I suspect many are sitting on their properties and waiting. Commute into downtown Manhattan from the LSP lightrail is about 30-35 min.


After 8 years in the BeLa neighborhood, I 100% concur with this. Tons of families are sitting on properties that are dilapidated and some are one storm away from collapsing. There are some really neat houses, too. I honestly feel like some old timers are holding on to properties with false hopes of a major windfall, but I just don't see it happening anytime soon. The best bet was 10 years ago, as The Foundry came online and there was a palpable excitement about gentrification and the area turning a corner. Alas, the economy crashed, and by the time things started to improve, the DTJC area was already blowing up with new buildings coming online at the rate of 2 or 3 per year. Unfortunately, the light rail connection adds enough time, hassle and money to act as a deterrent for would be renters and buyers. But, I really like the area and I hope it does well. I have met a ton of people that are really great, and the few that have managed to buy properties and are fixing them up will likely see a good return on their investment in 10 - 20 years.

PS - I know of a property on Monitor that a few years ago sold for 17K (not a typo and, given the conditions, probably was worth less) but with a lot of creativity, effort and money, it could easily be turned into a GREAT home.
i honestly, i think many of the people sitting on their homes are smart...where else are they gonna move to? bayonne, paterson, newark, florida...its not like one is gonna make a killing in bela, astor...


I think you missed my point. The point is not whether or not they would make a killing. The point is that they could make some money by selling. Instead, some of them REALLY believe they can get a million dollar from some investor. I remember talking to someone who lived in a rather run down place, and when we got to the conversation of selling, etc, he straight up told me he wanted one million dollars to leave his place, and that he was waiting for someone to come knocking on his door with that kind of offer. People have short memories but, not too long ago, people were paying silly money for properties/land with this crazy belief that they could "flip" a property for instant riches. All of this was encouraged by all those reality TV shows showing professionals flipping properties all over the US. Of course, as with the liars loans, it was all an unsustainable pipe dream. But, you know what they say... hope is the last thing to die. You may find it hard to believe, but some people in BeLa really think they are sitting on a lottery ticket, and they are waiting until theirs gets called.

Posted on: 2015/5/14 0:31
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#18
Home away from home
Home away from home


Hide User information
Joined:
2004/11/6 21:13
Last Login :
2023/7/17 17:42
From Hamilton Park
Group:
Banned
Posts: 5775
Offline
Quote:

DanL wrote:
the long over due property tax reval could go a long way to make a monthly payment even more affordable and further spur new investment.



Beat me to it Dan. What no one seems to realise is that by protecting older Downtown properties from a tax rise Fulop is KEEPING the taxes higher than they should be everywhere else!

User1111, what do you pay as a % of your value? If it's over 2.3% you're paying too much, and I wouldn't be surprised if you're paying over 4%. It doesn't take a genius to realize if your taxes drop your values go up. Everyone's values are being suppressed by the cancelling of the reval to favor Downtown. Many Downtown properties are paying ~1% in tax. Do the math, if a $1m house Downtown gets raised from 1% to 2.3%, three $333 houses elsewhere drop the same amount.

When I delivered some tax info for my appeal on a Heights property (got it lowered $1000!) I said to the person at the desk "if the folks in the Heights & Greenville ever actually realized how they've been suckered on taxes, they'd be down here with torches and pitchforks."

Posted on: 2015/5/14 0:21
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#17
Home away from home
Home away from home


Hide User information
Joined:
2004/11/14 2:38
Last Login :
2023/1/30 21:43
Group:
Registered Users
Posts: 3792
Offline
Quote:

greenville wrote:
Good luck if you do, foreclosures are hot down here. The properties that come in the market last about a week before their under contract do to a shortage of rental property.
the fact that there are so many foreclosures in a particular area, speaks volumes about that area

Posted on: 2015/5/14 0:01
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#16
Home away from home
Home away from home


Hide User information
Joined:
2007/4/11 2:51
Last Login :
2018/2/7 20:21
Group:
Registered Users
Posts: 449
Offline
Good luck if you do, foreclosures are hot down here. The properties that come in the market last about a week before their under contract do to a shortage of rental property.

Posted on: 2015/5/13 23:44
ಠ_ಠ
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#15
Home away from home
Home away from home


Hide User information
Joined:
2013/10/15 17:32
Last Login :
2017/5/17 13:40
From Heights
Group:
Registered Users
Posts: 797
Offline
Quote:

MattSchapiro wrote:
Am I the only one who finds this thread offensive?

Since you haven't shared why you find it offensive, I really can't say.

Posted on: 2015/5/13 23:39
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#14
Home away from home
Home away from home


Hide User information
Joined:
2004/11/14 2:38
Last Login :
2023/1/30 21:43
Group:
Registered Users
Posts: 3792
Offline
Quote:

bodhipooh wrote:
Quote:

nemobeatz wrote:
The Lafayette hood has also seen a pretty large influx of young couples, many from Brooklyn. The housing stock is ridiculously scarce though atm, I suspect many are sitting on their properties and waiting. Commute into downtown Manhattan from the LSP lightrail is about 30-35 min.


After 8 years in the BeLa neighborhood, I 100% concur with this. Tons of families are sitting on properties that are dilapidated and some are one storm away from collapsing. There are some really neat houses, too. I honestly feel like some old timers are holding on to properties with false hopes of a major windfall, but I just don't see it happening anytime soon. The best bet was 10 years ago, as The Foundry came online and there was a palpable excitement about gentrification and the area turning a corner. Alas, the economy crashed, and by the time things started to improve, the DTJC area was already blowing up with new buildings coming online at the rate of 2 or 3 per year. Unfortunately, the light rail connection adds enough time, hassle and money to act as a deterrent for would be renters and buyers. But, I really like the area and I hope it does well. I have met a ton of people that are really great, and the few that have managed to buy properties and are fixing them up will likely see a good return on their investment in 10 - 20 years.

PS - I know of a property on Monitor that a few years ago sold for 17K (not a typo and, given the conditions, probably was worth less) but with a lot of creativity, effort and money, it could easily be turned into a GREAT home.
i honestly, i think many of the people sitting on their homes are smart...where else are they gonna move to? bayonne, paterson, newark, florida...its not like one is gonna make a killing in bela, astor...

Posted on: 2015/5/13 23:35
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#13
Home away from home
Home away from home


Hide User information
Joined:
2015/4/15 3:56
Last Login :
2019/3/11 14:10
From JC
Group:
Registered Users
Posts: 1044
Offline

Bottom line is the area is a crime ridden shithole and will remain that way for quite sometime.

If you can find a place around or under the 150k mark it might be worth it to float as a section 8 rental.

Journal Sq. is the next real boom location and the properties within real reach of the PATH station were snatched up last year - I got outbid on a property on Rock St. that is probably worth double already.

Buy land, they don't make it anymore.





Posted on: 2015/5/13 22:25
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#12
Home away from home
Home away from home


Hide User information
Joined:
2004/2/6 23:13
Last Login :
2021/7/30 1:08
From Jersey City
Group:
Registered Users
Posts: 1225
Offline
the long over due property tax reval could go a long way to make a monthly payment even more affordable and further spur new investment.

Quote:

user1111 wrote:
Quote:

marullos88 wrote:
I agree, JC has some great housing stock along the light rail lines that should be great for people who want a house within one hour's commute of NYC but can't or don't want to pay the DTJC prices. If the trend of families choosing urban vs suburban continues this should influence JC a great deal.


My hood is attracting ex Brooklyn people not too many families but lots of singles and couples without children. Its great area if you do not want to take the bus. Property taxes are not cheap but the homes are at a very good price right now, the average 1 family is 140k for a fixer upper and about 250-325k for a renovated home.

Posted on: 2015/5/13 21:45
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#11
Home away from home
Home away from home


Hide User information
Joined:
2012/1/11 18:21
Last Login :
2019/12/26 15:30
From GV Bayside Park
Group:
Registered Users
Posts: 5356
Offline
Quote:

MattSchapiro wrote:
Am I the only one who finds this thread offensive?


No, but this is JCLIST where you are encourage to be a douchbag.

Posted on: 2015/5/13 21:32
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#10
Home away from home
Home away from home


Hide User information
Joined:
2008/8/12 18:31
Last Login :
2020/4/26 22:05
Group:
Registered Users
Posts: 3932
Offline
Quote:

nemobeatz wrote:
The Lafayette hood has also seen a pretty large influx of young couples, many from Brooklyn. The housing stock is ridiculously scarce though atm, I suspect many are sitting on their properties and waiting. Commute into downtown Manhattan from the LSP lightrail is about 30-35 min.


After 8 years in the BeLa neighborhood, I 100% concur with this. Tons of families are sitting on properties that are dilapidated and some are one storm away from collapsing. There are some really neat houses, too. I honestly feel like some old timers are holding on to properties with false hopes of a major windfall, but I just don't see it happening anytime soon. The best bet was 10 years ago, as The Foundry came online and there was a palpable excitement about gentrification and the area turning a corner. Alas, the economy crashed, and by the time things started to improve, the DTJC area was already blowing up with new buildings coming online at the rate of 2 or 3 per year. Unfortunately, the light rail connection adds enough time, hassle and money to act as a deterrent for would be renters and buyers. But, I really like the area and I hope it does well. I have met a ton of people that are really great, and the few that have managed to buy properties and are fixing them up will likely see a good return on their investment in 10 - 20 years.

PS - I know of a property on Monitor that a few years ago sold for 17K (not a typo and, given the conditions, probably was worth less) but with a lot of creativity, effort and money, it could easily be turned into a GREAT home.

Posted on: 2015/5/13 20:20
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#9
Just can't stay away
Just can't stay away


Hide User information
Joined:
2011/6/10 18:23
Last Login :
2018/5/25 7:29
Group:
Registered Users
Posts: 105
Offline
Am I the only one who finds this thread offensive?

Posted on: 2015/5/13 20:18
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#8
Home away from home
Home away from home


Hide User information
Joined:
2008/2/9 3:46
Last Login :
2018/8/14 15:19
From Lafayette
Group:
Registered Users
Posts: 318
Offline
The Lafayette hood has also seen a pretty large influx of young couples, many from Brooklyn. The housing stock is ridiculously scarce though atm, I suspect many are sitting on their properties and waiting. Commute into downtown Manhattan from the LSP lightrail is about 30-35 min.

Posted on: 2015/5/13 19:59
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#7
Home away from home
Home away from home


Hide User information
Joined:
2012/1/11 18:21
Last Login :
2019/12/26 15:30
From GV Bayside Park
Group:
Registered Users
Posts: 5356
Offline
Quote:

marullos88 wrote:
I agree, JC has some great housing stock along the light rail lines that should be great for people who want a house within one hour's commute of NYC but can't or don't want to pay the DTJC prices. If the trend of families choosing urban vs suburban continues this should influence JC a great deal.


My hood is attracting ex Brooklyn people not too many families but lots of singles and couples without children. Its great area if you do not want to take the bus. Property taxes are not cheap but the homes are at a very good price right now, the average 1 family is 140k for a fixer upper and about 250-325k for a renovated home.

Posted on: 2015/5/13 19:20
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#6
Just can't stay away
Just can't stay away


Hide User information
Joined:
2013/4/7 4:27
Last Login :
2017/6/15 6:51
From Bergen Lafayette
Group:
Registered Users
Posts: 93
Offline
I agree, JC has some great housing stock along the light rail lines that should be great for people who want a house within one hour's commute of NYC but can't or don't want to pay the DTJC prices. If the trend of families choosing urban vs suburban continues this should influence JC a great deal.

However, something needs to be done about crime, shootings in particular. I know it can happen, many communities in JC have worked on cleaning up their areas. Would love to learn more about what they've done. Maybe I'll start another thread for that.

The other day one of my coworkers was bragging about her new old rowhouse in Bushwick Brooklyn, how she had a spare bedroom and a small backyard... I stayed quiet but in my head I was like, I have a renovated single family with 2 spare bedrooms! Huge Yard! Garage! Fireplace! And it's not like Bushwick doesn't have it's own crime and transportation issues. So, if people get over their perception of BK or bust, yeah, JC should be doing better soon.

Posted on: 2015/5/13 16:52
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#5
Quite a regular
Quite a regular


Hide User information
Joined:
2014/12/12 13:39
Last Login :
2015/11/13 16:06
From Jersey City
Group:
Registered Users
Posts: 55
Offline
The southeast corner of JC has nice housing stock . Neptune and Seaview Av between Princeton and Garfield has a number of single family homes with rear garages and small back yards. Princeton in that area has mostly two families with back yards. There is very good public transportation available . The LR on Danforth is a short walk and the bus that originates on Gates Av goes to JSq and onto Exchange Pl.

Posted on: 2015/5/13 16:20
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#4
Home away from home
Home away from home


Hide User information
Joined:
2008/8/12 18:31
Last Login :
2020/4/26 22:05
Group:
Registered Users
Posts: 3932
Offline
Quote:

NewportNJ wrote:
Comparing a rundown hood in the heart of Manhattan to a run down hood in Jersey City? Don't even start.


He is obviously referring to Astor Place, off Summit Avenue. It's just West of Grand St. and North of Communipaw Ave. And, he is totally right about that area. The first time I was on Astor Place, it was run down row houses, some of them burnt out, or hollowed out. Two years later, one had been gut renovated entirely, and then more followed. I think many people were counting on Library Lofts (and, later Whitlock Cordage) to anchor a renaissance of the area, but it never materialized as it was originally envisioned. I think it is a good example of myopic old-timers rejecting gentrification. But, the area around Astor Place definitely improved a lot in very little time. If it was closer to DTJC or LSP, I think it would be a great place to live. As it stands right now, it is a little too far from both, and there is nothing around it, except for Crown Fried Chicken and a few sketchy businesses on Grand and Communipaw.

Posted on: 2015/5/13 16:02
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#3
Home away from home
Home away from home


Hide User information
Joined:
2014/6/9 22:10
Last Login :
2017/6/16 11:22
From Jersey City, NJ
Group:
Registered Users
Posts: 244
Offline
Quote:

NewportNJ wrote:
Comparing a rundown hood in the heart of Manhattan to a run down hood in Jersey City? Don't even start.


There's an Astor Place in JC on the border of Be-La and McGinley Sq. Assuming OP is referring to that one.

Posted on: 2015/5/13 13:36
 Top 


Re: Buying "Hold" Properties in JC Ghetto
#2
Just can't stay away
Just can't stay away


Hide User information
Joined:
2011/10/31 16:00
Last Login :
2020/2/12 19:50
Group:
Registered Users
Posts: 125
Offline
Comparing a rundown hood in the heart of Manhattan to a run down hood in Jersey City? Don't even start.

Posted on: 2015/5/13 13:19
 Top 




« 1 2 3 (4) 5 »




[Advanced Search]





Login
Username:

Password:

Remember me



Lost Password?

Register now!



LicenseInformation | AboutUs | PrivacyPolicy | Faq | Contact


JERSEY CITY LIST - News & Reviews - Jersey City, NJ - Copyright 2004 - 2017