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Re: ‘My name is Amy, not Tom DeGise’
#1
Quite a regular
Quite a regular


She should teach Jersey City kids a new word:

N-E-P-O-T-I-S-M

Posted on: 2018/6/1 15:48
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Re: Rent increases in light of revaluation
#2
Quite a regular
Quite a regular


The amortization deduction is best to be perceived as a loan. You will have to pay back at the sale time. Plus you neglected to mention that I paid $100,000 in taxes, easily another 100k in repairs and legal fees in heavily tenant-sided legal system. The RE is not equity where you just buy and sit on it.

I understand income taxes when people realized gain and have income to report cool. Here I am taxed for the future gain that is not realized and quite ephemeral. Why don't they tax everyone who has two legs and two hands based on their potential to earn money?

Aside from property tax we also pay OUR FARE SHARE of income tax which dwarfs bodypooh contribution into our tax levy.

The investment in DT RE is the biggest mistake I made. The cost of ownership goes up and equity goes down. Don't buy anything in JC, take your money across the river. Invest in equity market (compare S&P 500 in 2008 and 2009). Don't wait until JC implode in its ignorance.

Posted on: 2018/2/3 0:32
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Re: Rent increases in light of revaluation
#3
Quite a regular
Quite a regular


I rent two apartments to Mexican immigrants (purchased a property with them as tenants). One family lives there 27 years the other apartment was rented for 14 years. One family agreed on 10% increase, the other family didn't and refused to vacate. As of today I started the eviction proceedings. I had 1 thousand dollars positive cashflow. I expect to be around $700 dollars negative in 2018. That's after 11 years of ownership with an acquisition price of 2007. That makes it a very shitty investment. Good job Jersey City.

Posted on: 2018/2/1 20:45
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Re: Flooding in Jersey City
#4
Quite a regular
Quite a regular


Oh no. We had a minor flood on Saturday. 3 cars sunk on Center Street.

Posted on: 2017/6/19 16:24
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Re: Basement flooding even after new check valve installed...
#5
Quite a regular
Quite a regular


BTW, I do have check-valve as I prefer rain water flood over a fecal matter. I worked on waterproofing of my basement since 2014 with various degrees of success. You better be judge of that.

Consider that my basement is 4' below the street level. As you can see the check-valve performance is the least of my worries. I got about an inch of water that came from the ground


https://youtu.be/b0vOs7zZfd0





Posted on: 2017/5/13 3:52
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Re: Basement flooding even after new check valve installed...
#6
Quite a regular
Quite a regular


A bit presumptions, but mostly correct.

See we all don't leave on the same elevation level. Some of us have parlor level where others have basement floors.

If you never seen fountains of raw sewage spring up 2' from basins, I invite you tomorrow to Center Street where you will see it for yourself (we will have 2" of cumulative precipitations) Do I need you to explain physics to calculate force needed to create 24" fountain?

It is quite to possible for sewers situated in low laying areas to have back-pressure of 5 or even 10 psi. Our beloved standard 4" PVC fittings are rated to 5.5 psi. If one doesn't have a check-valve expect to see sewage at the nearest maintenance port. If you have more than 153" of water column, you can see your own sh.. regardless your check-valve situation.



Quote:

brewster wrote:
Quote:

jcneighbor wrote:
And I'll add a bit more: It's all about the weight of water in a column. Let's say your vertical sewer drain pipe (or gutter downspout) is 4" in inside diameter. That means that for every foot of vertical rise there is a weight of 5.45 pounds. Now flush a toilet on the ground floor (above a basement) and you're draining about 10 feet down to the sewer line out to the street. Call it 55 pounds of pressure. Ain't no way, NEVER, the main sewer line is even remotely close to that pressure. Your check valve will happily pass it through-


SCIENCE!! Years ago I had a discussion with another sewer warrior who said the water came in with thousands of pounds of pressure. I gently tried to explain to him water pressure is roughly 0.5 psi per ft of column height. He refused, at length, to believe me. "But there's thousands of gallons out there!!" 10 ft down in the ocean is still only 5 psi.

This also is why it's perfectly ok to pump your basement back into the sewer pipe. It makes no difference to the sewer, the water will end up there either way if you pump it to the street where it runs into the sewer. But your pump will be more efficient only pumping exactly the pressure head needed to get to the flooded sewer water level, rather than to the street.

Posted on: 2017/5/12 19:51
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Re: Basement flooding even after new check valve installed...
#7
Quite a regular
Quite a regular


Your check-valve has very little to do with the flooding. It prevents raw sewage to come back into your home sewer system. It helps to prevent raw sewage spilling out of maintenance ports.

Your flood problems have to do with water table levels. Downtown sits very low to the sea level. The top soil layer has a certain amount of absorbancy. At one point when It saturated enough the water table raises. Your water comes from underneath.

You could try to patch the cracks in the floor. I am not sure you will succeed.

Ultimately the city has to split storm and sewer system, create sewer overflow storage tanks. It would cost millions and won't bring any votes on upcoming elections. So get on your bike lane and pretend it doesn't smell.

Posted on: 2017/5/9 17:53
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Re: Flooding in Jersey City
#8
Quite a regular
Quite a regular


Jersey City is dumping raw sewage into Hudson river. Too bad it didn't help us anyway. Jersey City Dumping sewage to Hudson River [!SCRIPT FILTERED!]

Posted on: 2017/5/6 0:33
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Re: Wow - LSC's Updated Plans for SciTech Scity
#9
Quite a regular
Quite a regular


379 Communipaw is 25 x 100 which is about 4 times smaller than .25 acres

Quote:

Dolomiti wrote:
Quote:

Yvonne wrote:
How can the land be estimated at $20 when developers brought land one minute by car according to the google map for $35 million? That land is 7 1/2 acres.

It's not 1 minute by car. It's more like 10 minutes.

Unless they build a vehicular bridge over the Morris Canal, there is no direct route between the LSC lot and downtown.

We see this differential in lots for sale. E.g. there's a lot at 379 Communipaw, .25 acres for $200k. Another lot is at 423 Grand is .33 acres and... $4 million.

And those two lots are only a 3 minute drive apart.

Is it news to you that in real estate, location is critical?

Posted on: 2017/3/21 1:52
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Re: Recess at schools
#10
Quite a regular
Quite a regular


In JC the length of a recess is inversely proportional to the graduation rate. I live 2 blocks away from Ferris HS.


Quote:

HappyInHarsimus wrote:
I moved next to Cordero School. I'm not sure how long their recess it, but it seems to just be a bunch of kids running around on the sidewalk. They have a couple of balls to play with, but no playground or anything. Honestly, I don't think they're necessary. My elementary school didn't get a playground until I was 10 and our creative minds took over. As long they can run around and play, socialize, get their energy out it works. It's not gym class. I wish kids got more time to play now a days. That's how they learn how the world works. It makes it easier to focus on their lessons when they are in class.

Posted on: 2017/3/13 19:58
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Re: Controversy swirls around Jersey City synagogue
#11
Quite a regular
Quite a regular


As always Earl is more preoccupied with zoning law than criminal .

Posted on: 2017/3/2 21:44
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Re: The Disaster that is Jersey City Recreation
#12
Quite a regular
Quite a regular


Quote:

jcneighbor wrote:
Quote:

Yvonne wrote:
What is the total number of city employees?


Sheesh, it's an xls spreadsheet and it even shows the count in the left hand column. The answer is 3,336.



That means for every 10 Jersey City resident's we have a municipal employee. Wonder how it compares to other cities.

Posted on: 2017/2/3 1:14
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Re: Jersey City student shot a block from school, official says (PS #15)
#13
Quite a regular
Quite a regular


Just like they posted gun owners addresses, I would like to know his detailed information.

Posted on: 2017/2/1 16:45
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Re: Public info session tonight on Turnpike Extension 14C project(1/31/17)
#14
Quite a regular
Quite a regular



Posted on: 2017/2/1 16:26
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Re: Best countertop material for re-sale value?
#15
Quite a regular
Quite a regular


I did quartz (Silestone) 14 sq.ft with a nice bevel = $2700 installed from HomeDepot.

Posted on: 2016/4/7 17:16
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Re: Is an attorney necessary for refinancing a mortgage?
#16
Quite a regular
Quite a regular


No.

Posted on: 2016/4/7 17:07
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Re: Candice Osbourne, Ward E Councilwoman elect starts a survey to track flooding
#17
Quite a regular
Quite a regular


Bright St and Center St same sewage problems. On Jan 9 we had a lake of raw sewage which closed exit from the turnpike. I already gave up on the city.

Posted on: 2016/2/9 20:24
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Re: regarding commercial property as a neighbor
#18
Quite a regular
Quite a regular


Quote:

CatDog wrote:
This is the most absurd thread ever. Why would it be illegal? You yourself admitted it was zoned as residential/commercial. Also the CO happens after you do all your work and get your inspections.

jc_dweller is correct below. Other than a sign permit or something, you're just going to have to live with being next to a bodega. Which as others have said, is actually a pretty nice thing.
Quote:

jc_dweller wrote:
short of possibly having a sign that does not meet size limits (which i really can't say either way not knowing what it actually looks like), nothing is wrong here.


I wish you eat plastic.

Posted on: 2015/11/1 19:31
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Re: regarding commercial property as a neighbor
#19
Quite a regular
Quite a regular


I own a property situated right between McDonalds and Ferris High school. Every school day I live through an act of ecoterrorism. On average I throw 50 gal worth of their garbage twice a week(corner property 150' sidewalk). Sometimes I wonder if I should apply for a federal grant to cover the cost of the garbage bags.

Quote:

All this is very troubling to me for reasons of cleanliness, more traffic, unsightliness and devaluation of property.

Posted on: 2015/10/30 2:25
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Re: A & P Supermarkets File For Bankruptcy Protection
#20
Quite a regular
Quite a regular


Good riddance. Any change would be an upgrade.

Posted on: 2015/10/26 13:46
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Re: Seeking a carpenter or someone who could build a small stair
#21
Quite a regular
Quite a regular


Googling got me Terrence R Maloney but no contact information. Can you share please?

Posted on: 2015/10/20 13:43
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Seeking a carpenter or someone who could build a small stair
#22
Quite a regular
Quite a regular


I need help to design and build a new small indoor stair (36" wide x 36" high).

I was wondering if someone can refer me an experienced carpenter or a stair specialist?

Thanks,

Posted on: 2015/10/18 3:03
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Re: Seeking a reliable Landlord/Tenant Lawyer
#23
Quite a regular
Quite a regular


The case can be brought up again(happened to me on eviction case last year). If it happens don't panic, just come and layout the facts. The justice usually prevails :)

Posted on: 2015/10/18 2:54
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Re: Proposed Recommendations to Downtown Parking
#24
Quite a regular
Quite a regular


Marvelous. Our councilwoman is on the eternal crusade against motorists.

Posted on: 2015/10/2 2:13
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Re: JC mayor purchases house in the Heights (PHOTOS)
#25
Quite a regular
Quite a regular


He used to drive Audi A6 when he lived here on Essex St.

Posted on: 2015/6/17 11:54
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Re: No affordable homes in jersey city... Mercer loop anyone?
#26
Quite a regular
Quite a regular


Last year I bought a property on Center St following exact same logic. Even though it's on the sunny side of 78, everything about Mercer Loop would apply.

The area is changing rapidly. Mostly populated by lower?mid class home owners (very few renters). In one year time, I don't recall any muggings, home invasions, or any other criminal incidents. There is not much foot traffic, but it is counter?balanced with plentiful car traffic. We have formidable policy presense because of proximity to the high school and the turnpike.

What you should be really concerned is the flood possibility and the trash from McDonald. Good luck.

Posted on: 2015/3/26 3:47
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Re: Any leads on garages for rent?
#27
Quite a regular
Quite a regular


I have 2500 sq.ft garage in downtown. PM me if interested.

Posted on: 2015/3/26 3:31
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Re: Architect / Structural Engineer Urgently Needed
#28
Quite a regular
Quite a regular


jc123

You rock!

Posted on: 2015/3/12 16:41
 Top 


Architect / Structural Engineer Urgently Needed
#29
Quite a regular
Quite a regular


Trying to urgently take care of a building violation re: unsafe facade. Can someone please recommend an Architect / Structural Engineer, preferably local to Jersey City and familiar with our Dept. of Buildings requirements.

Posted on: 2015/3/10 20:00
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Re: Amendment to an ordinance
#30
Quite a regular
Quite a regular


I think this measure intended to drive small homeowner people out their precious land. What a shameful proposition it is.

Posted on: 2015/1/20 3:17
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