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Re: New Jersey-New York area lost 5,700 millionaires in 2018
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Newbie
 
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Where in NY has been losing population? Googling "nyc population" shows an increase from 8.194M in 2010 to 8.623M in 2017. I am seeing Bloomberg show 8.2M in 2011 and 8.398 in 2018. Both numbers show an increase in population which is in contrast to NY State overall (which Google shows going from 19.58M to 19.54M).
The NY Post article (I do not have a wsj subscription) does not say where the loss is happening from, but it is unlikely from NYC, based on the above numbers. Judging by what friends of mine have been paying to purchase housing in the NYC suburbs, I doubt it is there either. My presumption is that people are leaving the rural parts of the state for which jobs and the weather (for upstate NY) are much bigger factors then taxes. In the urban areas across the country (NYC, SF, etc) I see housing prices as more of a problem then taxes or other factors, but I doubt cities and towns will allow for sufficient density to meet demand.
Posted on: 2020/1/14 3:06
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Re: Woman charged after keeping her 2 kids and mom in filthy JC home
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The house looks like it is for sale and/or up for a foreclosure auction. Taxes are $18,265 which does not seem right for a home that :
Quote: One of the two two bathrooms in the story-home had no running water and had corroded sinks and bathtubs, the source said. The entire second floor, where the dogs were kept, was covered with feces. https://www.zillow.com/homedetails/54- ... y-NJ-07302/38888459_zpid/
Posted on: 2019/9/17 17:57
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Re: Kushner, Unfiltered - The Real Deal
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Who would care what someone who does this says (from Wikipedia, https://en.m.wikipedia.org/wiki/Charles Kushner):
Quote: The witness-tampering charge arose from Kushner's act of retaliation against William Schulder, his sister Esther's husband, who was cooperating with federal investigators; Kushner hired a prostitute to seduce his brother-in-law, arranged to record an encounter between the two, and had the tape sent to his sister. He sounds like a terrible person, for which words stronger then he used against Fulop are deserved.
Posted on: 2018/7/6 15:14
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Stoop Repair
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Newbie
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The metal lintel in our stoop is very rusted. The brick part of the stoop rests on it for the entrance to a basement apartment. There are now also cracks in the brick portion of the stoop above the lintel. I am not sure how extensive a fix would be required.
I'd say this shows the problem we are having pretty well (although I'd say ours is in worse shape), http://www.cornerstone4.net/lintel-replacement.html. I was wondering if anyone else has had similar work done. Who did you have do the work? Does it require a permit (I would assume it does)?
Posted on: 2018/6/20 21:33
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Re: Gothamist: The PATH Is A Packed, Slow-Motion Nightmare For NJ Commuters This Morning
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I spoke to one of the conductors yesterday and it sounded like both (PTC and CBTC). He was mentioning that the work would let the "train drive itself" and that this week at least they were doing testing between Exchange and Grove (previously it was between Grove and JSQ).
He also said they would be doing the work through the end of the year...
Posted on: 2018/6/5 18:57
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Re: Port Authority tests new security scanners at WTC PATH station
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Newbie
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Besides the Security Theater aspect of it, what really gets me is the representative of the company (Chris McLaughlin from Evolv Edge) states that 200 scanners "isn't practical". You'd think he would try to sell more then the PA needs.
This seems like some sick joke on the part of the Port Authority. Not unexpected either.
Posted on: 2018/5/11 13:47
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Re: New Tax Rate is Insane!
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Newbie
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The recent tax law changes disincentize home ownership due to the changes with respect to property tax and mortgage interest deduction. Additionally the trend on interest rates is upward. Along with a large property tax increases downtown there will be some significant downward pressure on prices.
The question is supply and demand. Supply downtown seems tight still. Will there continue to be more buyers out there? Will people from NYC continue to have JC be an option? A lot of uncertainty right now.
Posted on: 2018/2/25 0:00
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Re: New Tax Rate is Insane!
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Newbie
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Looks like an excel file was posted by the assessment company:
http://www.asinj.com/revaluation/docs ... oposed%20Assessments.xlsx It has over 13,000 properties listed so far... Any idea what the total number should be around once it is all said and done?
Posted on: 2018/2/13 4:09
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Re: New Tax Rate is Insane!
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Newbie
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File as promised:
https://drive.google.com/open?id=1VkmP6vQEiNs2LGm58Cl3V96xnVgvlyBP I'd recommend downloading it and opening it in Excel if you have it.
Posted on: 2018/2/7 3:13
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Re: New Tax Rate is Insane!
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Newbie
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The file put out last week has assessments for 9273 properties. 1484 of them have assessments less then their most recent sale price. One was most recently sold as far back as 1998 and is assessed for less then it was purchased for! There are a clusters of these from 2005-2009 (532 of them, wonder what happened then...) and 2016-2017 (292 in 2016 and 443 in 2017). Not sure this is indicative of anything.
I would guess the sample of properties is biased downtown at the moment, but some interesting points: -Average change in tax, $2,097.18 -Seven properties saw their taxes decrease by more then 10k, two decreased by over 20k -607 increased by more then 10k, 27 more then $20k -73% of properties had their taxes change from between -2.5k and 2.5k. 82% of properties have their taxes changed between -5k and +5k. While I know no one likes to pay more, I think the last point shows (to me at least) this shouldn't be too broad of a crisis. I'll try to get the file somewhere so others can take a look.
Posted on: 2018/2/7 3:04
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Re: New Tax Rate is Insane!
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Newbie
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Quote:
My property is not listed. In fact only about 6000 are listed in the PDF (39 per page times 153 pages = 5967). Looks like it is a slowish rollout to get everyone their new assessment.
Posted on: 2018/2/2 18:00
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Re: Trump Our New President
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Newbie
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Quote:
FWIF, According to a WSJ article from November 2015, long before it was clear that Trump would be the nominee let alone the President, net migration with Mexico became negative. Meaning more Mexicans are going back to Mexico, then coming into the US: https://www.wsj.com/articles/mexican-i ... o-u-s-reverses-1447954334 I think it is hard to attribute the drop in illegal border crossings since Trump's election solely to him given this has been an on going trend. Quote:
Agree with you there. Quote:
Since 2007 Visa Overstays have Outnumbered Undocumented Border Crossers by a Half Million according to http://cmsny.org/publications/jmhs-visa-overstays-border-wall/. The billions invested in the wall do not seem to be the most cost effective way at stopping illegal immigration. Quote:
As for the Paris agreement, there was no obligations by any country to do anything. I would hardly call that a bad negotiation by the USA. It was more symbolic, for China, us, and the rest of the world.
Posted on: 2017/6/2 20:37
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Re: Hard Grove Cafe
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Newbie
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Looks like Hard Grove cafe is going to be moving to the old Port-O spot on 286 1st St. They have paper signs tapped to the window. No timeline as to when they are opening.
Posted on: 2017/5/12 16:29
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Re: 2017 Reval ~ Property Inspections
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Newbie
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He was leaving the stickers, but because my wife was home he took care of the inspection then and there. Just as well to get it over with in my opinion.
Maybe something was lost in translation when my wife communicated what he said. Maybe it won't be inspections lasting a year, but instead up to a year to get the new valuation mailed to people. If the new numbers come out at the beginning of 2018Q2, I guess that gives enough time for people to challenge them.
Posted on: 2017/4/27 21:23
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Re: 2017 Reval ~ Property Inspections
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Newbie
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Inspector came by today at my house on 1st St in downtown. The inspector told my wife he expects it to take 8 months to a year to complete the inspections.
The Tax year starts in April right? So maybe even the next tax year will be on the current assessments.
Posted on: 2017/4/27 19:53
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Re: contractor for Ductless, Mini-Split Air Conditioner/Heat Pumps
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Newbie
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Thanks for the information thirstyquaker. Doesn't that then require a licensed plumber to do the condensing lines (since you need a permit for it)? It seems like a minor job for them.
Posted on: 2014/7/18 0:05
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Re: contractor for Ductless, Mini-Split Air Conditioner/Heat Pumps
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Newbie
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I too was looking to install this. I had my AC guy and electrician all lined up and when the electrician went to get the permits, they are telling me that I need a plumbing permit.
They are saying that because there are condensing lines, from the blowers inside the house draining to the outside, that it requires it. Has anyone heard of this before? Everyone I talk to is surprised about this . . .
Posted on: 2014/7/16 20:51
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