brewster wrote:
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hero69 wrote:
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brewster wrote:
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MDM wrote:
Christ... $1.85 million. What is the monthly rent equivalent?

Yup, that's what tells me we're in a bubble, when you'd have to be insane to buy instead of rent. Would anyone spend more than $10k/mo in mortgage on 7th st? Taxes would be almost 2.2k/mo! Could you actually rent it for >$10k? I doubt it. Most houses DT seem to peak at around $6-7k.

what makes you think this is bubble-licious?some people paying #$10K a month for 3-4 bedroom in Manhattan might find this a very good deal.

7th & Monmouth ain't Manhattan by a longshot. Why don't you look and see what houses in HP or VVP are renting for and compare that to what this house would cost per month to own, even after dropping $370k in downpayment.

brewster wrote:
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MDM wrote:
Christ... $1.85 million. What is the monthly rent equivalent?

Yup, that's what tells me we're in a bubble, when you'd have to be insane to buy instead of rent. Would anyone spend more than $10k/mo in mortgage on 7th st? Taxes would be almost 2.2k/mo! Could you actually rent it for >$10k? I doubt it. Most houses DT seem to peak at around $6-7k.

SOS wrote:
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hero69 wrote:
i'm ok with once weekly street sweeping but i am TOTALLY AGAINST the idea of giving amnesty to people with unpaid parking tickets. WTH. People break the law and you want to give them a break? He must be a big fan of Sanders and Ocasio-Cortez.

It's better for the city to get some revenue instead of zero from unpaid tickets. It's a way to clear old debts difficult to collect. Most people that far behind in their tickets must be having a tough time. I'd be inclined to hear the specifics of the plan.

They offered the program in Philly:

https://whyy.org/articles/nearly-10-mi ... y-parking-ticket-amnesty/

MDM wrote:
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brewster wrote:
The listing for 323 7th St popped up in my Zillow feed. 4br, 5 bath SFR, $1,850,000. Beautiful pics of interior and exterior, and currently an empty lot!

This is a sign we are approaching the next property crash.

Monroe wrote:
I don?t begrudge our President, or Murph having security on vacations. I only object when one wouldn?t say where the protection is occurring.

Monroe wrote:
He's entitled to his vacation, but I wonder if the Star Ledger will charter a plane to overfly his villa and get a picture of him, poolside, quaffing a Bellini at lunch.

Seriously, you don't think we're entitled to know where we're spending 100K in taxpayer money to protect him? I'll bet it costs more to protect him there than in Island Beach State Park.

Monroe wrote:
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hero69 wrote:
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Monroe wrote:
He's off for an 11 day vacation, and his staff refuses to tell us where he is??

https://www.nj.com/politics/index.ssf/ ... n_the_state_wont_say.html

He's entitled to his secrecy, but this is a little odd. I know Bloomberg would sometimes zip down to his Caribbean crib without notice, but that always was critiqued.

Maybe the Star Ledger will file a FOI request to see if he has State Police assets protecting him at his villa in Umbria, if that is where he is. If state funds are used for security we should have an idea where he's at.

11 day vacation versus 3-4 day golfing tripa nearly every weekend donald duck.

Our President gets crap for having a short private meeting with Putin, Murphy tried to take his giant choppers to his multi-million dollar villa in Umbria without anyone knowing where he was. We always know when our President is visiting the lovely Trump country club in beautiful Somerset County, NJ or at his estate in Florida.

Monroe wrote:
He's off for an 11 day vacation, and his staff refuses to tell us where he is??

https://www.nj.com/politics/index.ssf/ ... n_the_state_wont_say.html

He's entitled to his secrecy, but this is a little odd. I know Bloomberg would sometimes zip down to his Caribbean crib without notice, but that always was critiqued.

Maybe the Star Ledger will file a FOI request to see if he has State Police assets protecting him at his villa in Umbria, if that is where he is. If state funds are used for security we should have an idea where he's at.

CatDog wrote:
Unless the state plans to take over prosecuting everyone in JC there's not much they can do about it. Prosecutors have a lot of discretion over how they charge people.

Dolomiti wrote:
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hero69 wrote:
i'm pretty much agree that nixon might be causing cuomo to shift on marijuana, but i'm pointing out that murphy hasn't done much so far on recreational marjuana (something he campaigned on). you don't want to know what i think about christie or trump; i'm merely pointing out that they tried/are trying to implement policies to keep their base happy

Murphy is constantly pushing to get it done. It's getting held up by legislators who have very different concerns, which makes compromise difficult.

To put it briefly, Trump SUCKS at getting legislation passed. ACA replacement? Total failure, and he's completely given up. Mexico paying for the wall? Epic fail. Immigration and Dreamer legislation? Fail. Infrastructure plan? Vaporware. Legislative agendas are dead for 2018, due to the midterms. The only thing he did was cut taxes, and no one could fail to get a tax cut through a Republican legislature. Even Obama did that.

As to Christie: Not only was he the least popular governor in NJ history, he was the least popular gov in any state in 20 years of Quinnipiac's polling. You don't get that way by giving the base what it wants. Plus, you can't really push legislation when you spend about 2 years out of state prepping for a Presidential run, which failed quickly, then sucking up to Trump for months, only to get fired before the inauguration, all while fending off a major scandal....

brewster wrote:
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MDM wrote:
Weed is even easier than tobacco (which has to be dried, toasted, and has other stuff added to it). Anyone with $500 to spare can setup a pretty nice grow room in a spare closet.

I don't think any of the rec legal states have outlawed growing your own, some have pretty liberal ideas of how much is required for "personal use", typically 4-6 plants. And as it turns out, the taxes are not a big deal when the market is driving the price into the basement. I hear in CA its crazy cheap now.

All the gloom and doom predictions of corporate control of this product don't make any sense as long as personal growing is possible. Corps will do all the concentrates and such, where the money is, just like ADM makes far more than the farmer growing corn.

Our state lawmakers are morons, wanting to legalize possession but leave all the distribution in the hands of criminals. Is this Rice guy on dealer's payrolls?

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Senator Ronald R. Rice, the chairman of the state?s legislative black caucus and one of the most vocal opponents of legalization, fears dispensaries would be concentrated in cities. ?In my heart, and from my experience, I know the detriment it?s going to cause long-term in urban communities in particular,? he said. He supports decriminalizing the possession of small amounts of marijuana instead.

Dolomiti wrote:
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hero69 wrote:
Looks like NY might have legal rec weed b4 NJ....why does NJ always move at a snail's pace?

You think that New York State works fast? hahahaha

Anyway... If you read the article you linked, it points out that Cuomo has opposed legal weed for a long time. He's only discussing it at all because Miranda Hobbes Cynthia Nixon is pushing him to the left.

Another reason Cuomo is even considering it, after years of opposition? Yeah, it's because NJ and other nearby states might legalize first.

NJ is going slow because some legislators are dead set against legalization; and those who support it want to make sure that people previously busted on pot charges don't get screwed by legalization. The alcohol lobbies are pushing hard against it, too. New York legislators will have the same types of concerns and issues.


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This is sort of my problem with democrats...other than obama, they don't want to deliver.

Yes, because it's not like Christie spent his entire term sabotaging medical marijuana, and categorically refused to consider decriminalization, let alone recreational use. Or Kim Guadagno opposed recreational marijuana. Oh, wait...


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say what u want about trump....

Yeah, you really don't want to hear what I have to say about that.

MDM wrote:
If either NY or NJ pass it, the taxes placed on it will be so onerous, people will just buy from the black market (like what happens now with cigarettes).

https://fee.org/articles/high-taxes-on ... ck-into-the-black-market/

Weed is even easier than tobacco (which has to be dried, toasted, and has other stuff added to it). Anyone with $500 to spare can setup a pretty nice grow room in a spare closet.

neverleft wrote:
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(Sad it would have been professionally renovated/managed and we would have been enjoying some fairly big name acts plus 40 community events a year starting in late 2015 but the FOL would not give up their lease. Gee I guess we will have to wait until 2020 when the FOL lease if up for good.)

AEG Live set to take over Loew's in Jersey City

Posted Jun 26, 2014
By Terrence T. McDonald The Jersey Journal

AEG Live, one of the globe's largest concert promoters, is set to win a contract to take over management of the Landmark Loew's Jersey Theatre in Jersey City, and the firm pledges to bring "top talent" to the Journal Square theater.

A city official said AEG offered "far and away" the largest bid to run the venue, saying it would pay $350,000 annually to rent the city-owned theater for 30 years and contribute $3.5 million toward renovation of the 85-year-old former movie palace.
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Mark Shulman, AEG's vice president and general manager, said the firm hopes to make the Loew's "a hub for the entire area." Programming should begin in late 2015, after renovations are complete, according to Schulman.
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AEG, which will partner with New Jersey City University and Mana Contemporary to offer 40 community events annually, was competing with Live Nation, Ace Theatrical Group and local firm Catch a Rising Star.

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lefty55 wrote:
Landlord force closure after 10 years with massive rent increase, so sorry to see him go, where are we going to get rotisserie chicken.

DanL wrote:
I think Jersey City of late keeps muddying and commingling the idea of a plaza and open space with a park and green space. exchange place with or without the memorial statue is being changed from a plaza (town square) to park space. I think they are different and serves different purposes ...

JCGuys wrote:
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hero69 wrote:
well, i hope the objective of this potential purchase is to make a decent rturn on tax payer money with providing affordable housing as a secondary goal.

What could go wrong...

Seriously, affordable housing is expensive. $100 million for the lot plus remaining remediation plus infrastructure for another $70 million or so plus $200,000 for each affordable unit, with the city wanting at least a couple thousand. Then throw in interest and other fees.

That's well over half a billion that will need to be subsidized by the market rate condos/rentals!

CatDog wrote:
My god you people are thick. IT WAS THEIR MONEY TO BEGIN WITH.

Also, I find it rich that Republicans are trying to lecture anyone on dealing with Iran. Saint Reagan illegally and secretly sold weapons to Iranian Islamist terrorists that had been taking Americans hostage. Then he gave that money to Nicaraguan terrorists that laid landmines all over the country killing countless innocents, and also smuggled cocaine into the US.

And yet, I never seem to hear a single bad word about Reagan. He's hailed as a hero of the right, while Obama is derided for settling a 50 year old debt with money that Iran was already owed, in good faith negotiations.