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Well the progress in UC coming along just fine. It is not as small as Hoboken so it will take a little longer, but there are new developments popping up left and right. Also Union City has a great tax abatement which really helps out.
Union City will be the next hoboken. Once those taxes become unbearable, with the recession everyone will be headed for the highway. So if you're smart, you might as well mosey on over to union city and earn yourself some equity in the meantime.
I know in the rest year there has been some large projects started and mostly completed in Union City, such as the Thread, Altessa, The 43rd. What I wanted to know was there any other large projects or even some smaller ones coming up in the near future. I know if you log onto Panepinto Properties they have a future project called "The Yardley" which is quote to be the largest redevolpment in Union City. Does anyone know if this is still going to happen. So if anyone has some future insight to any new developments let me know. Thanks.
I understand Tony Hector purchased this property. Is Tony Hector also Panepinto Properties?
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