|
02-12-2021, 12:13 PM
|
|
|
|
297 posts, read 164,512 times
Reputation: 227
|
|
|
Heya folks,
Over the years I've seen ToB and ToI get better and better and only one thing comes to mind - gentrification. Even central island hoods are popping out new stores and condos. Since this island isnt getting any bigger, I wonder if developers would ever gentrify anything south of the sunrise.
We have the best beaches and decent proximity to ... well now NYC isnt worth anything so cant say proximity to anything other than family - if they say.
Do you guys think that developers will build here despite the terrible politics and laughable high cost of living? It would be cool for something good to finally happen here but I'm not sure if it's giving this dying island too much optimisim.
|
|
02-12-2021, 01:33 PM
|
|
|
|
30,339 posts, read 43,510,951 times
Reputation: 12866
|
|
Quote:
Originally Posted by Punkster55
Heya folks,
Over the years I've seen ToB and ToI get better and better and only one thing comes to mind - gentrification. Even central island hoods are popping out new stores and condos. Since this island isnt getting any bigger, I wonder if developers would ever gentrify anything south of the sunrise.
We have the best beaches and decent proximity to ... well now NYC isnt worth anything so cant say proximity to anything other than family - if they say.
Do you guys think that developers will build here despite the terrible politics and laughable high cost of living? It would be cool for something good to finally happen here but I'm not sure if it's giving this dying island too much optimisim.
|
No
But if I was a developer, I would have my eye on buying property in Hemsptead & Long Beach. The closer to LIRR the better. |
|
02-12-2021, 01:50 PM
|
|
|
|
2,413 posts, read 1,834,079 times
Reputation: 2668
|
|
Quote:
Originally Posted by SeventhFloor
No
But if I was a developer, I would have my eye on buying property in Hemsptead & Long Beach. The closer to LIRR the better.
|
And you would loose a ton of $$. No matter how much you think Hempstead is a good location no one will move there. Sky high property taxes, due to it being a village and lack of commercial income. On LI it's all about perception, that town has been considered a dump for 30+ years going to have to retrain everyone to think otherwise. Unlike NYC crappy areas on LI generally get worse and nicer areas get better. Syosset may have the worst teachers and facilities in the state and central Islip could have the best. That's not what people think and the real estate prices reflect that. |
|
02-12-2021, 02:17 PM
|
|
|
|
2,592 posts, read 1,591,442 times
Reputation: 3391
|
|
Quote:
Originally Posted by Punkster55
Heya folks,
Over the years I've seen ToB and ToI get better and better and only one thing comes to mind - gentrification. Even central island hoods are popping out new stores and condos. Since this island isnt getting any bigger, I wonder if developers would ever gentrify anything south of the sunrise.
We have the best beaches and decent proximity to ... well now NYC isnt worth anything so cant say proximity to anything other than family - if they say.
Do you guys think that developers will build here despite the terrible politics and laughable high cost of living? It would be cool for something good to finally happen here but I'm not sure if it's giving this dying island too much optimisim.
|
Answer: No
Reason: Nimbys |
|
02-12-2021, 02:18 PM
|
|
|
|
297 posts, read 164,512 times
Reputation: 227
|
|
Quote:
Originally Posted by monstermagnet
Answer: No
Reason: Nimbys
|
I understand Nimby, but what about the people that dont pay their taxes and dont pay their mortgage. AKA the hood. |
|
02-12-2021, 02:35 PM
|
|
|
|
2,592 posts, read 1,591,442 times
Reputation: 3391
|
|
Quote:
Originally Posted by Punkster55
I understand Nimby, but what about the people that dont pay their taxes and dont pay their mortgage. AKA the hood.
|
Everyone pays high taxes here. Even in the hood. |
|
02-12-2021, 02:40 PM
|
|
|
|
297 posts, read 164,512 times
Reputation: 227
|
|
Quote:
Originally Posted by monstermagnet
Everyone pays high taxes here. Even in the hood.
|
They dont pay. |
|
02-12-2021, 03:51 PM
|
|
|
|
6,145 posts, read 12,335,382 times
Reputation: 4263
|
|
What?
If they don’t pay then the town repo’s the house.
Quote:
Originally Posted by Punkster55
They dont pay.
|
|
|
02-12-2021, 06:04 PM
|
|
|
|
30,339 posts, read 43,510,951 times
Reputation: 12866
|
|
Quote:
Originally Posted by gx89
And you would loose a ton of $$. No matter how much you think Hempstead is a good location no one will move there. Sky high property taxes, due to it being a village and lack of commercial income. On LI it's all about perception, that town has been considered a dump for 30+ years going to have to retrain everyone to think otherwise. Unlike NYC crappy areas on LI generally get worse and nicer areas get better. Syosset may have the worst teachers and facilities in the state and central Islip could have the best. That's not what people think and the real estate prices reflect that.
|
Thats exactly why I would invest in commercial properties there
I noticed you didnt say anything about my other choice, Long Beach
Last edited by SeventhFloor; 02-12-2021 at 06:12 PM..
|
|
02-12-2021, 07:02 PM
|
|
|
|
2,413 posts, read 1,834,079 times
Reputation: 2668
|
|
Quote:
Originally Posted by SeventhFloor
Thats exactly why I would invest in commercial properties there
I noticed you didnt say anything about my other choice, Long Beach
|
Long Beach is a lost cause. They don’t want anything over there. Anything built in LB is guaranteed to start at 1m. Either high end condos or very large homes on water. LB doesn’t have a terrible reputation, pockets are run down. And is always a flood risk.
Commercial space is dead. We are never going back to the offices! There is tons of office space on 110 and Jericho turnpike that will be repurposed. Prob the last thing LI needs. |
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
