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  Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings

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Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#21
Anonymous
Modern overdone? haha If anything, the whole rustic look you find in the rowhouses of Hoboken and in w village (excluding far w village along the hudson waterfront) are overdone and out of style.
The simple fact is that younger buyers coming off wall st with a lot of money do not want to live in an old world charm (translation: Dump) building with no amenities, but would rather pay a maint to take care of the common areas, provide concierge and security services, include a free gym, have an elevator, etc.
If you knew anything about buyers in Hoboken you would know that most are opting for the new construction.
Posted on: 2006/5/11 12:29
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#22
Anonymous
Quote:
The utilities come out astonishingly low - like averageing 50/month for a 900sq.ft. loft space. This I have had confirmed to me by sellers.

You just show yourself to be more and more clueless.
Posted on: 2006/5/11 12:29
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#23
Anonymous
Quote:

Anonymous wrote:
I agree, a brownstone in the Boston area is of much higher quality than those we see in Hoboken, which was traditionally a working-class kind of place. We are talking about rowhouses.

I completely agree as well. However, there are two exceptions. 9th and Hudson on the odd side of the street, and the Castle Point St - these are beautiful detached homes on a completely different level than the pseudo-brownstones on the other side of Washington st.
Posted on: 2006/5/11 12:30
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#24
Anonymous
Quote:

Anonymous wrote:
Quote:
The utilities come out astonishingly low - like averageing 50/month for a 900sq.ft. loft space. This I have had confirmed to me by sellers.

You just show yourself to be more and more clueless.

I have had this number confirmed by looking myself at utility bills.
You are the clueless one.
Posted on: 2006/5/11 12:31
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#25
Anonymous
wtf, moderator deleted a bunch of pertinant posts..
Posted on: 2006/5/11 12:44
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#26
Anonymous
Quote:


pertinant posts..

Maybe he is deleting posts that have gross misspellings.
Posted on: 2006/5/11 12:46
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#27
Anonymous
What's up with the Zephyr person(s)? I thought the question posed was new construction vs. old, not a place to advertise the Zephyr.
Posted on: 2006/5/11 12:56
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#28
Anonymous
More than 3/4 of the threads on this board are started by realtors trying to drum up interest.
Posted on: 2006/5/11 13:03
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#29
Anonymous
Quote:

Anonymous wrote:
Quote:


pertinant posts..

Maybe he is deleting posts that have gross misspellings.


or ones that use annoying face icons...
Posted on: 2006/5/11 13:06
Re: Resale Value? Walk up with Character & Great Layout vs. High Rise Luxury Buildings
#30
Anonymous
Quote:

Anonymous wrote:
Location location location.

Prewar vs. new construction = personal preference. I think prewar is New construction over a RAILWAY line or in other "non-neighborhoody" areas = I would not buy. Sorry, folks, you could not pay me enough money to live in 700 Grove or Zephyr. Since I'm not a model train enthusiast, I really don't see the pluses of those buildings. Cr*p location + new construction = I'm not your buyer


I understand personal preference and you should make you purchase decision based on what's going to work for you.

I have to disagree with your take on the Grove, no I am not a buyer there but have looked at it whith some people and think it will be a viable building when completed. The majority of buyers coming to Hoboken want new construction because of the finishes, parking, no hassle ownership it offers. Grove will probably do well because of it's concrete construction,layouts,finishes,balconies, doorman,gym, proximity to path, and the pricing.

Skyclub was built to renter specs and now we are seeing the results of this. 25 units on the market there as of today.

Older units without elevators are sitting on the market, and 80% of buyers with 600k to spend won't even look in a non elevator building,in fact, yes there is inventory in the market rightnow, that type of inventory is sitting. Take the the 2 year old Huntington for instance, 9 units on the market in the last 8 weeks, 4 of them going into biddingwars. Why? Well built compared to most, elevator, parking , gym, overall a nice building.

Walk-ups with character in the 500k+ range are not selling, there are fewer buyers buy far for these properties.
Posted on: 2006/5/11 13:09
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