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Old 03-19-2012, 03:27 PM
 
11,337 posts, read 11,006,487 times
Reputation: 14993

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Gorgeous. Hope it gets built. Can never have enough skyscrapers for me.
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Old 03-19-2012, 03:55 PM
 
Location: Techified Blue (Collar)-Rooted Bastion-by-the-Sea
663 posts, read 1,860,454 times
Reputation: 599
Looks like New Jersey might finally be able to lay claim to something world class .... hopefully it works out.
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Old 03-19-2012, 04:05 PM
 
Location: Splitting time between Dayton, NJ and Needmore, PA
1,184 posts, read 4,036,965 times
Reputation: 766
Quote:
Originally Posted by Nexis4Jersey View Post
Theres too much supply and not enough demand in this region which why prices are so high....this should take a small bite out of out of the demand. To put a huge dent you need at least 30,000 apartments / Condos.
Re-read what you wrote. It doesn't make any sense for the Supply-Demand Theorem.
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Old 03-19-2012, 04:17 PM
 
Location: pennsauken
402 posts, read 750,373 times
Reputation: 192
You must mean not enough supply.
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Old 03-20-2012, 10:49 AM
 
Location: NJ
31,771 posts, read 40,580,083 times
Reputation: 24590
so its just a matter of him not saying it right? i believe he should have said that the demand is high and the supply is low, which is why prices are high. additional units would take a bite out of the supply shortage, causing prices to go down.

so if nexus is correct (or my re-interpretation of what he said is correct), i guess there would be the demand for units in this building. that would be great.
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Old 03-20-2012, 11:01 AM
 
Location: On the Rails in Northern NJ
12,380 posts, read 26,802,008 times
Reputation: 4580
Quote:
Originally Posted by RUNYYfan View Post
Re-read what you wrote. It doesn't make any sense for the Supply-Demand Theorem.
LOL , oh my....i was so tired yesterday....theres too much demand and not enough supply...
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Old 03-20-2012, 11:08 AM
 
Location: New Jersey
2,257 posts, read 5,176,513 times
Reputation: 1876
of all the places in Jersey City, they had to build this by JSQ? Not the best location IMO.
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Old 03-20-2012, 11:16 AM
 
Location: Randolph, NJ
4,073 posts, read 8,961,160 times
Reputation: 3262
Quote:
Originally Posted by davenj08 View Post
of all the places in Jersey City, they had to build this by JSQ? Not the best location IMO.

I would guess that PATH access was a major consideration.
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Old 03-20-2012, 11:24 AM
 
Location: The City
22,379 posts, read 38,791,325 times
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Quote:
Originally Posted by HalfFull View Post
I would guess that PATH access was a major consideration.

One would think; great location to commute into Manhattan or work in JC
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Old 03-20-2012, 11:37 AM
 
Location: New Jersey
2,257 posts, read 5,176,513 times
Reputation: 1876
Quote:
Originally Posted by HalfFull View Post
I would guess that PATH access was a major consideration.
Sure, I agree. But such buildings tend to be expensive and the neighborhood near JSQ does not support high $$$.

I always assumed such a building would be built along Washington Blvd in Newport or Hudson St in Exchange Place. Both with access to PATH.
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