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Revealed: 360 9th Street, Jersey City
http://www.yimbynews.com/wp-content/...1315744293.jpg http://www.yimbynews.com/wp-content/...1315753495.jpg Quote:
http://www.yimbynews.com/2015/01/rev...ty-finger.html |
Extell, Kushner Companies Close $132M in Financing on New Jersey Purchase
GUELDA VOIEN 1/16/2015 Quote:
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Announced 2day. we continue to remake the #JerseyCity skyline moving forward on the largest building in #newjersey
https://pbs.twimg.com/media/B7zq00OCQAAIUEF.jpg Credit: https://twitter.com/StevenFulop/stat...968194/photo/1 |
Better Rendering:
http://www.northjersey.com/polopoly_...y-building.jpg Also: :) Quote:
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http://www.northjersey.com/news/busi...n-nj-1.1228350 |
Crazy that this is the 2nd 95-storey tower proposal in 2014. Liberty Rising is the other one. This one has a decent shot of getting built, with approval expected tonight and construction to begin in the Spring.
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That can't be right
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Not sure I read that right . IF Fulop said Jersey City would be larger than Newark , sometime in 2016 ...... I want some of what he's smoking . Latest estimates put Newarks population at 278,427 ( 2013 stats ) , and Jersey City population at 257,342 . I don't know when he made that statement , or what the increase in population for both cities has been over the almost two years since the 2013 stats but as much as I like Jersey City , I don't see it gaining the number one spot in the state by anytime in 2016 . However , I am excited to read about the possibility of a 950'er going up in downtown JC . Hope it happens . |
I've heard various estimates for that population eclipse. 2018 has been mentioned, but also, Fulup has access to the city data so IDK if he's basing it on the projections that the city makes. I tend to believe the estimates from the economic office more so then something generated from lets say the census. A lot can happen in a year. 2014 probably helped the city gain many new residents with all of the various little projects going up. 2015 will see a couple finish construction, and begin leasing.
But either way, it will happen overtime. End of 2017 sounds like a safe bet. |
Boom!
Liberty Science Center announces $230 million expansion http://www.nj.com/hudson/index.ssf/2...ion_expan.html Quote:
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Nice. Now if only Hoboken had a pro-development mayor things could be even better. An addition to the center is much needed. Further breath light into a great institution of learning. :)
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With Newark's Downtown and Ironbound redevelopments picking up...it will be a tight race... Jersey City is starting to become really expensive like Hoboken , while Newark and its surrounding towns are still cheap and will remain cheap for at least another decade. Jersey City is already losing its working & creative class populations which are moving to Newark...
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Jersey City is expensive near the waterfront. Parts of Journal Square are still viable. The next 5 years might change that (Journal Square), but its still cheap in the sense. Now is the time to rent. I talk to people who wanted and/or are planning to move to JC, but they all think waterfront. There's a stigma against Journal Square and the surrounding areas. They think ghetto, but I tell them thats not the case.
The area around Hamilton Park is viable, likewise some homes around Van Vorst Park. Location is key, but the city is far from expensive. Now if you want a ripoff, and enjoy living in a 400-500 sq ft shoebox, than Hoboken is right there. More housing in JC, without getting raped in rent. Plus, drinks aren't $14 for a Whisky sour thats weak as hell. :haha: Friend of mine makes 55k a year, lives in Hoboken (not even in a exclusive area either), and spends 50% on housing. Its nuts. I told him Journal Square, but he enjoys paying $1,800 a month on a 450 sq foot shack. Then he wonders why he's poor after taxes, and other living expenses/maintenance fees. |
With 99 Hudson St looking to break 950ft I wanted to spin off the conversation about Jersey City development in general.
Personally, I love the receptiveness the city has towards these tall towers, and the eagerness of developers to build. I hope the market remains to absorb all the new available space. I see a few things that hold Jersey City back though. First, is commercial development. Everything that's going up is residential. While there are a number of commercial towers dotting the waterfront, I think Jersey City really needs to up it's game and lure more business across the river. I know of a few companies with offices in JC that are considering moving back to NY. Second is retail. Washington Boulevard is surrounded by slender towers with bunker parking garages around their base. Retail along the waterfront is sparse. The Newport Center mall isn't enough to anchor the area. Without many shops, restaurants, cafes, etc., there is no feeling of community or culture. It's just a stark grid of towers and nothing else. While I acknowledge it'll never be like say Hoboken, it would be really nice to see development in this regard. Finally, and most importantly, transportation. Being right next to the Holland tunnel and I-78 is great. The light rail is also very useful to get around. My big beef is with the Port Authority and the PATH system. The PATH is the single most convenient and frustrating way to get across the river. When it runs, you can be whisked to Manhattan in minutes. Newport and Exchange Place provide quick and easy access to NY making it an attractive place for city workers to live. However the PATH doesn't always run. It seems like every day there are 'switch problems' or other 'service disruptions'. They even talked about suspending late night service all together. I think Jersey City's single biggest Achilles heal is the PATH. Until the PA can pull their heads out of each other's asses it's going to be hard to convince people that Jersey City is really worth their long-term investment. |
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Newport mall needs an upgrade. It feels like a half-ghetto Short Hills. Its weird because part of me likes half of it (luxury part/decent stores), but there's another side of it that feels isolated and tacky. Better to take the PATH and shop at Century 21 than to get clothing from Newport mall. |
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Also the whole meter parking there kills me. Just make it free street parking all around. |
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The PATH has a great reverse commute as throngs of Brooklynites have taken jobs in Exchange Place, Newport and Newark. JC pulls from the same talent pool of NY. Trains are almost as packed as the ones heading into Manhattan. I can see large companies moving their back office operations to areas near Manhattan, like Jersey City, while maintaining their public profile in the city. Class office space in the city is very expensive. Jersey City is much more affordable alternative. Quote:
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