Re: NYTimes: From ‘Quiet and Sweet’ to Death at Gunman’s Side
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Home away from home
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ZING! :(
Posted on: 2009/7/23 23:03
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Re: NYTimes: From ‘Quiet and Sweet’ to Death at Gunman’s Side
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i dont know what you are talking about, buddhism does not demand absolute faith nor require sacrifice on freedom of thoughts but it IS a religion. And as a buddhist i do worship buddha NOT trying to "emulate" him, and so are all the buddhist i know including my families. You really dont need to drag out all your personal baggage to justify your position on the subject, noone cares. If your view is logical, people will support it. So far i dont think anyone has, think about that.
Posted on: 2009/7/23 22:56
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Re: Several local politicians arrested on corruption charges
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Even though we all know those kind of stuff are going on around here, but i must admit i was surprised to see fbi actually doing something about it.
Now the big shocker was how little money we were talking about here. In that pdf, the mayor of hoboken was taking 4 and 5 figures to risk everything and selling out. That just amazes me, i would imagined it would take much more money to buy these guys out. I guess times are tough, even the bribes are at a discount now healy will get by, he's way too slick to get caught.
Posted on: 2009/7/23 18:26
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Re: NYTimes: From ‘Quiet and Sweet’ to Death at Gunman’s Side
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Everyone makes their own choices in life, and must live with the consequences.
No excuses.
Posted on: 2009/7/23 18:00
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Re: Newport/Downtown: New 23-story Luxury Westin Hotel is Now Open
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heh who pissed in your cereal this morning?
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Posted on: 2009/7/23 0:55
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Re: More Gunplay: Suspected crooks open fire at JC cops -- July 21st
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oh yeah hamilton park is good too, very different ambience than the modern style newport.
Posted on: 2009/7/22 0:42
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Re: More Gunplay: Suspected crooks open fire at JC cops -- July 21st
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when defining downtown, i consider those 3 locations:
-newport -paulus hook -grove path I wouldnt want to live further out down newark ave, i know technically they are considered downtown but it's not a desirable location. Probably will pick jsq path over that. Quote:
Posted on: 2009/7/21 23:40
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Re: More Gunplay: Suspected crooks open fire at JC cops -- July 21st
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you seem so out of touch with everything, were you around during the 80s with hookers, drugs, homeless and graffiti all over the place in broad daylight? if you think nyc improved in the 90s because the whole country did and not as a result of hardline active enforcement by the nypd under giuliani, i dont know what else to say to you, other than you are delusional.
And what are you talking about again, with the comment regarding moving the unwanted to queens/brooklyn. I lived in queens at the time, and visited brooklyn often. The area is the same, the good parts like forest hills, bayside, freshmeadow remained very good, while the bad parts such as jamaica/ozone park remained the same. There is no big transformation, unless you count the gentrification in parts of brooklyn. Seriously get a clue.... Quote:
Posted on: 2009/7/21 23:36
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Re: The Beacon
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what's a mongol? do you mean a moogle?
Posted on: 2009/7/21 23:23
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Re: More Gunplay: Suspected crooks open fire at JC cops -- July 21st
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This is just flat out false. Guiliani's (and his police heads) success in cleaning up nyc is undeniable, nyc will not be what it is today without his action. For all his faults and the shameful 9/11 plugs in the 08 election, Guiliani's contribution to cleanup nyc is historical, even more amazing is the fast pace it is accomplished. This will never happen in jersey city, the mayor and its police heads are so deeply embedded within the old jc culture/political games. There will be a few more cop cars after a shooting for a little while but there will never the kind of sweeping actions needed to cleanup jc. We need an outside, someone aggressive. Although Newark is a lot worse by comparison to jc, they are on the right path with their new mayor and police chief. healy and his goons just dont have the competence / mindset to do it.
Posted on: 2009/7/21 16:43
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Re: Woman beaten unconscious, in critical condition
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well i think we actually feel the same way towards the issue, your logic - why cant citizen have the right to bear arm to defend against thugs(if they can bear arms), is sound on paper and hard to refute. I just think it would do more harm than good in actual practice.
The way to discourage such behavior is make the thugs realize if they get caught their life is done for good, rather than make them think the victim may or may not have a gun. Quote:
Posted on: 2009/7/21 1:03
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Re: Not only the building is ugly. So is the company. Goldman Sachs.
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well if you understand the english language you would see half the thread was bickering over which analyst is better/worse, which had nothing to do with gs and why i replied.
and only a fool doesnt believe in tech/quants, all those value investors sure did wonders in the last 2 years... but you are right this is not the place to discuss this. Quote:
Posted on: 2009/7/21 0:57
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Re: Not only the building is ugly. So is the company. Goldman Sachs.
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heh did i hit a nerve? keep following cnbc and those analysts, i am sure you will make millions in no time....
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Posted on: 2009/7/20 21:18
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Re: Woman beaten unconscious, in critical condition
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what a retarded comment. So by your logic, everyone should be carrying a piece going to work/outside, and you are assuming the victim will have enough training to react appropriately in such situation.
What's the place where everyone walks around with firearms...oh yeah iraq, afghanistan, pakistan.... i am sure it is so much safer over there...... What we need are tougher laws, if convicted those gangbangers should be executed or sent to labor camps, then they would think twice next time. Quote:
Posted on: 2009/7/20 20:47
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Re: Not only the building is ugly. So is the company. Goldman Sachs.
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i dont know why you guys are even debating over those talking heads or "analyst". If market goes up, they will have 10 analyst giving you a list of reasons why, and if market goes down, the media will have another/same 10 analyst giving you a different set of reasons. The bulls will be right when market goes up, and the bears will be right if the market goes down. When you throw hundreds of darts, 1 is bound to hit. If they are actually any good, they wouldnt be on media trying to earn their money they will be making it in the market!
It's all just random noise, forcus on the technical and the #s released, dont be a lemming and listen to those puppets.
Posted on: 2009/7/20 19:01
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Re: Vessel arrives here on trip to prove Vikings weren't 1st to cross ocean
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thanks
Posted on: 2009/7/18 16:07
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Re: Not only the building is ugly. So is the company. Goldman Sachs.
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they still need to fillup the building, it's such a waste. last time i checked half the building are still empty with only the backoffice and tech guys in there. Originally they were suppose to move some of the trading floor here, but the traders basically told the management to go f themselves and stayed in nyc.
Posted on: 2009/7/18 16:03
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story behind this picture?
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does anyone know the story behind this picture? it was displayed on jclist, look really cool.
Posted on: 2009/7/18 2:03
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Re: VVP - Rent vs Buy Scenario
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I have little patience when someone without a good understanding of what they are talking about and cant be bothered to read, waste my time.
There are 3 unsold constructions left in jc:
- trump: 50% sold
-77hudson: 35% sold, and it's 1 tower, the second tower 70 greene is a rental not a condo
-crystal point: 10-25% sold, construction due to complete end of year, this is the last of the new constructions
The rest gulls cove and mandalay have very few units remaining <10% and developer are not willing to lower the price to sell them.
That's the new construction supply for paulus hook + newport, as i said previously supply are high right now. But the problem with your lemming mentality (same as the guys screaming prices wont fall back in 06) is you fail to look any further than what is directly underneath your feet. There are NO new high rise constructions been planned or started in this area, hence the supply we have right now is it. Market is slow, but people are buying and slowly removing the supply. On the resale side, it's flat.
The grand & marin is gulls cove. If you mean LHN, i already said that is an exception previously and the area is not considered paulus hook / newport. Even then a lot of the new buildings in that area are rentals, and mostly new low rise brownstones and sutton resales on the market.
Regarding wallstreet, my firm, one of the big 5, went through 11 rounds of layoffs ended around march, since then we have rehired back a lot of people/new hires. Talking with colleagues from the other major firms, story is similar - some are rehiring others stopped firing. This is mostly back/middle office (ops,tech, etc..), front-office is still very desk dependent, some are hiring others are not such as the derivatives area. Btw the people buying in jc are mostly back/middle office, no trader/ib guys will come to this side of hudson.
The point is the financial job market around nyc is stablizing, not sure which wall st you are working on if you cannot see the major improvement in the nyc financial that has happened in the last 3 months.
I agree with sylng, the single most important factor is future price outlook, but noone can time the bottom. As said previously, i am not expecting the price to go up, it will be flat at best with potential to drop another 10-15%, but the risk of a major crash/downward spiral is very low now. And if you are using it as a primary residence, it is an ok time to buy given other benefits - rate, tax saving, etc. Investment wise - no.
Thanks for wasiting 15 min of my time to repeat everything i already said in the last 2 posts - hence my suggestion for you to reead what i wrote.
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Jeebus wrote: Less layoffs is good but the uncertainty remains for all but the most Pollyannaish and rents are going down. Neither would make someone eager to buy a $500K+ condo in JC. I'm not sure which post you are referring to but if it's the one that claimed supply is going down in downtown JC, my pointing to the huge new expensive construction either unsold (plus shadow space owned by speculators) or about to come online refuted this. The twin towers at the foot of Grand alone must be the biggest residential building in JC and they have just started coming to market. Perhaps you know something about Wall Street that I (and most who work there) don't or you have some undisclosed knowledge about JC real estate. If so please lets us know, otherwise I'll take my knowledge of the situation over your condescending advice to (re)read your previous posts.
Posted on: 2009/7/17 15:51
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Re: The Beacon
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thanks for that, almost made me spill my morning coffee, you guys are way too funny. Is it also bullet proof. The location is half mile from the beacon.
Posted on: 2009/7/16 17:56
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Re: 10 to 20 shots heard in shootout with cops; that block is trouble, neighbor says
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Some of you guys are just plain retarded. I am not a healy fan at all, but WHAT DO YOU THINK THE RAID THAT LED TO THE SHOOTOUT IS ABOUT? if not trying to get rid of the "bad element" of jersey city. So if the admin does try to get rid of gangbangers they get bitched at, and if they dont do anything they also get it from the same whiners.
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Posted on: 2009/7/16 15:59
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Re: VVP - Rent vs Buy Scenario
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huge layoff to no layoff is significant. As for the rest, you should really read my post first...
Posted on: 2009/7/16 14:03
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Re: VVP - Rent vs Buy Scenario
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yes a 10-15% drop is very possible, as confidence overall is still very low. The nyc/wall st job market is weak but has improved quite a bit since sept/lehman, i guess the important part is they are not doing massive waves of layoffs anymore.
Supply wise, i can only speak for downtown jc, yes it's still high but not increasing only going down. I cant think of even one high rise in the paulus hook/newport area that will come online (the last new construction i believe is crystal point). So supply increase for the area has pretty much stopped you are only left with resales. LHN is a different story though ;)
Posted on: 2009/7/16 1:08
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Re: VVP - Rent vs Buy Scenario
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this is what i wrote at beginning of 2007 everything pretty much unfolded as predicted like a textbook. At that time renting is the ONLY way to go.
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To the original poster, what are you smoking? and where can i get some. The full effect of the subprime implosion hasnt started to trickle down and felt by the average home seller/buyer yet. But they sure will in the near future (~6months), that's a fact. Most people really dont understand the gravity of the situation in the subprime mortgage fallout. Yes i am sure you read the news and saw mortgage firms lined up to file for bankruptcy protection and all the investment banks rushing for the door to hedge against their exposures. But what it really means for the buyer(even those with good credit) is a large percentage of them will not be able to get the mortgage they currently can, actually far from it. For example, before with 650 rating you can qualify for a 250k loan, now you can only get a 200k or 150k loan etc. On top of that, the market is very nervous about the current mortgage approval process (which is a joke), they will tighten that up significantly as well, you will actually required to have the income you wrote down on the application, imagine that! All of this translates to a much more difficult mortgage approval = less people able to buy real estate. For sellers, it's even worse as the <5 yr arms are now due, the estimated default/foreclosure rate is 20% for the next few years on those loans. That's 1 in every 5! The market will be flooded with supply, on top of reduced demand mentioned above. It doesnt take a genius to figure out what will happen to the price.. it may not crash, but you sure will find some very nice deals by next year. http://jclist.com/modules/newbb/viewt ... id=101317#forumpost101317
Posted on: 2009/7/16 0:27
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Re: Downtown: Couple Slashed In Robbery
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crap the forcefield has been penetrated, we need reinforcements now!
although it's kinda late - 3am
Posted on: 2009/7/15 17:25
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Re: anyone petitioned for tax abatement change in the past?
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sigh you are missing the part the unit was bought for 250k not 600k
Posted on: 2009/7/14 15:13
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Re: Sunblossom Condos
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ok using port liberte as an example is not fair we all know how ridiculus the condo fee + tax is in that place. Fyi, the price has completely crashed in that gated community nothing but bagholders left.
Regarding the low maintenance fee, the thing is if you look at the other luxury high rises, for 1br: gulls cove: $350 A condo: $400 Mandalay/portofino: $500 (include internet/basic cable/pool) CP: $450 etc... compared to your $200, it's really not that big a difference anymore and addon parking it's even less, in return you get a lot: gym/lobby/doormen/elevator etc.. All the new development are smarter now, only a few still has those crazy $700+ condo fees for 1br, trump being one of them. Also it's a lot less risky, since the repair cost are spread among many units. In those small development by local guys, potential quality issue aside, if something does break you only have a very few units so each will have to be assessed much more. So i really dont think that's a valid reason for buying sunblossom.
Posted on: 2009/7/14 3:32
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Re: anyone petitioned for tax abatement change in the past?
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i dont have the exact numbers but i am sure the actual property tax without abatement is lower NEXT YEAR given the difference in purchase price, but as i said i will not remove the abatement, it's just too risky.
Posted on: 2009/7/13 18:28
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Re: Sunblossom Condos
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- NO ELEVATOR
- no parking - crappy tiny railroad layout (they were ok during the boom, in the bust who wants them) - no lobby/doormen/gym - ridiculusly priced 370k still? for 5%-10% you can buy a 1br with deeded parking in a luxury high rise with all the amenities. take your pick as the reason. maybe at 300k, they will get a few lookers.
Posted on: 2009/7/13 18:26
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