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  Neapolitan Condos

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Re: Neapolitan Condos
#11
Anonymous
Quote:

Anonymous wrote:
You pumpers are so transparent. You just can't stand the fact that people are migrating towards new construction in a different part of town. Why? Better construction, better pricing, and potentially much better value. Stop trying to redirect the trend with hints of class warfare. And better yet, try getting a real job.


Pumpers? Please illustrate the "better" pricing... the point of the posts was exactly what you are claming is true (which isn't).

The prices are very similar and comparing apples to apples, I would rather live somewhere safer and that will not be an issue when it's time for resale.

As for the person who said that safety is relative and that it was "myopic".... the projects are not going away and I think it is you who is "myopic" ....
Posted on: 2006/2/27 10:31
Re: Neapolitan Condos
#12
Anonymous
I guess I'll have to point this out since people don't understand this - it is near impossible to find new construction condos nowadays for less than $500 per foot, as construction costs have gone up so much. Builders can't afford to sell for less. So, there will be no "deals" anytime soon, unless you get a unit from a flipper who is willing to take a loss. Even in a location as poor as this, condos will still be $500+ per foot.
Posted on: 2006/2/27 13:22
Re: Neapolitan Condos
#13
Anonymous
Quote:

Anonymous wrote:
I guess I'll have to point this out since people don't understand this - it is near impossible to find new construction condos nowadays for less than $500 per foot, as construction costs have gone up so much. Builders can't afford to sell for less. So, there will be no "deals" anytime soon, unless you get a unit from a flipper who is willing to take a loss. Even in a location as poor as this, condos will still be $500+ per foot.


So... why wouldn't you purchase in a better area?...
Posted on: 2006/2/27 15:31
Re: Neapolitan Condos
#14
Anonymous
Exactly, that was my point. I think people are under the impression that just because you are buying in a "risky" area that you're going to get some kind of bargain, when that's just not true.
Posted on: 2006/2/27 16:15
Re: Neapolitan Condos
#15
Anonymous
PUMP HOUSE IS COMING DOWN VERY SOON!
if im correct they are going to build a 6 story building + retail,that tells me that area is getting hotter considering that hoboken is getting maxed out on land in few years.
Posted on: 2006/2/27 19:55
Re: Neapolitan Condos
#16
Anonymous
also the yellow tire building on Harrison and 1st is comeing down soon for a new condo building
Posted on: 2006/2/27 20:10
Re: Neapolitan Condos
#17
Anonymous
And the Gulf Station at 14th and Willow.....
Posted on: 2006/2/28 7:46
Re: Neapolitan Condos
#18
Anonymous
Quote:

Anonymous wrote:
Exactly, that was my point. I think people are under the impression that just because you are buying in a "risky" area that you're going to get some kind of bargain, when that's just not true.


EXACTLY why I wouldn't purchase there....
Posted on: 2006/2/28 7:47
Re: Neapolitan Condos
#19
Anonymous
Are there any positive sides to buying into this location?

close to light rail?

Exactly how safe is the area at night?

Anyone have info on pricing?

Any views from those who bought into this building?
Posted on: 2006/5/7 22:49
Re: Neapolitan Condos
#20
Anonymous
$500.00 per sf can be found. I just purchased in the Grove for $503.00 for approx 1400sf 2b/bd with a large balcony. I looked at Neapolitan but wanted true steel and concrete construction,not 4" sheet pans on concrete. Looked at Skyclub, not for me. Velocity um, definatley not for me.
Posted on: 2006/5/8 9:06
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