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i thought the statement was pretty clear. newark for the loss.
I have lived in Newark my whole life and have watched it struggle. Newark gets a bad rap by people who do not live here & maybe rightly so from their point of view. There is no denying the fact that Newark has major problems. However, from my point of view, Newark has come a long way from the late 60's & there are some neighborhoods that have come back from the dead like the low rise condos on South Orange Ave. The same has been done on Prince St. which used to be a war zone. There is a Home Depot and an Applebees on Springfield Ave near Bergen St. This was thought impossible 20 years ago. I talk with other homeowners in Newark and there is a sense of hope and excitment about the coming decade. So when I hear someone say "Newark for the loss" I just wonder if all they know about Newark is statistics or what they see from their locked car with window rolled up as they race to get back on the highway and try to get out of town before sundown.
There were several big development projects in the works a few years back, but they didn't pencil out financially. The costs of building large-scale projects in Newark is the same as in Jersey City, but Newark doesn't command the same rents, so the numbers don't work. I recall one of the projects where the developer approached the unions, demanding concessions so he could get his building up- they just about died laughing.
Elizabeth has the same issues, and that's why all the work that was supposed to happen by the ferry depot (which has also stalled) never happened.
Very well stated. My partner and I were the exclusive realtors for the Lincoln Park Coast Cultural District Project. We had everything ready to go; had phase one (townhouses) built, threw the launch party, met with all officials, including the Mayor, etc. and then guess what, financing fell through. Talk about a waste. It was sad because this project was going to be great for the community and was going to be a self contained Green complex with 300 units but it was out of my hands.
I still believe that one day Newark will become what similar towns like Jersey City, Edgewater, Hoboken, and Fort Lee have become but I would be lying if I did not say it was going to take a lot of time. With the completion of the new NYC tunnel due in 2016, there will be no reason why Newark would not become the next big thing.
Newark already has, with the light rail extension, Devils arena, and overall quality of buildings in the downtown area. Sure it isn't completely nice, but as a resident, I can definetly say it is getting better and Booker is doing a good job.
im glad you neward residents are happy with the development going on there. i only recall going to newark once in my life. it was to the prudential center not too long ago for a UFC event. i will not be going back even just to go to the prudential center. call me in a few decades and we will do a follow up.
Jersey city is still not developed as much as it could be. JC is much easier access to NYC. once Jersey City is totally redeveloped, then maybe they will move onto Newark. But I dont see why anyone would want to be doing major development in Newark when you can do it for Jersey city
Jersey City has a lot of development that could still happen. A whole lot of the built environment is one, two or three family houses. IMO, the whole city should be at least five stories tall and dense. Its the only hope for true affordable housing in this area.
im with you, these pro-newark people cant be for real.
i guess sometimes people view their own hometown more favorably than an outside observer.
Newark isn't my hometown. I've lived here for maybe 2 years now. When I first came here it was bad, but still holding an outsider's view I can say it's gotten much better over that timespan. Don't get me or most of us other pro-Newarkians wrong, it's still far from being a mecca of milk and honey, but crime has dropped, the downtown has and still is being renovated, and more respectable and tax-paying people are buying property in town. It's no longer your father's Newark.
im with you, these pro-newark people cant be for real.
No. You're def not with me.
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