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Built in 2000's, very transient due to the growing number of renters. Don't mind but I'm getting the sense that the building's financials are improving since there are less short sales and foreclosures compared to 2-3 years ago.
Anyone own here or know anyone who owns here? I'm wary of any special assessments. I'm also aware the building isn't exactly luxury, but it's the only Condo in Fort Lee that accepts dogs and I can't live without my French Bulldog.
I also heard that the Modern and Hudson Lights will generate the much needed tax revenue Fort Lee has been thirsty for, and as a result, will slow down the rate of increasing property taxes. I've also considered waiting for the Modern to be built (18 months), and although public data indicates it will be rental, I've heard they will convert portions of the building for condominium sale. However, the building - with all it's newness and allure, will be mighty expensive.
If anyone has thoughts as to whether I should buy now or wait and/or buy at the Palisades, I'd appreciate it.
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