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i dont live in nyc, but i try to keep up to date with real estate prices because i am planning on moving there within the next 3 years
isn't it pretty fair in manhattan to say that 100 sq ft is 100,000 dollars?
nyc's prices aren't ridiculous, but for what you pay for a 1 bedroom in a ok neighborhood here, you can get a 3 bedroom in a good neighborhood down south. see?
nyc's prices aren't ridiculous, but for what you pay for a 1 bedroom in a ok neighborhood here, you can get a 3 bedroom in a good neighborhood down south. see?
i understand real estate.
i have been looking online pricing places. i found great one bedroom places with about 700 sq ft for about 350,000 in hoboken
decent view of manhattan skyline, granite countertops, stainless steel appliances, monitor, gym access, pool access, parking, etc
i have been looking online pricing places. i found great one bedroom places with about 700 sq ft for about 350,000 in hoboken
decent view of manhattan skyline, granite countertops, stainless steel appliances, monitor, gym access, pool access, parking, etc
I am sorry but you do not understand real estate.
1) hoboken's property tax DOUBLED this year
2) 350k for a 1br is not close to good price for hoboken. For the same amount, you can buy a very nice 1br in a luxury 24hr doorman high rise in jersey city waterfront (newport, exchange place), which is much nicer area and building than the hoboken brownstone walkups, not to mention a lot lower taxes.
alot of people who live in manhattan do so because no matter what sacrafices they have to make they want to be in manhattan....
its like if you live in long island you have a whole host of towns you can choose from but theres only 1 manhattan.... its not about value , its not about great deals... its about location location location ...
im not a manhattan person, infact i rarley even go there but to some its worth every penny to live there and no where else is acceptable.
we even own co-ops over by central park as a family business and we have had no desire to spend that kind of money to live there... personally i much prefer our apartment in bay terrace queens and our 2nd home in the poconos for the same dough as living in manhatten
1) hoboken's property tax DOUBLED this year
2) 350k for a 1br is not close to good price for hoboken. For the same amount, you can buy a very nice 1br in a luxury 24hr doorman high rise in jersey city waterfront (newport, exchange place), which is much nicer area and building than the hoboken brownstone walkups, not to mention a lot lower taxes.
i am sorry, but i do understand real estate.
who are you to try to tell me differently?
1. Hobokens property tax doubled because it is safe and it as close to the city as you can get, which makes it very desirable for people that are young professionsals.
I think there was a riot there sometime last year over taxes?
2. And that is JC. Give me Hoboken any day over the semi ghetto of JC. Of course you are going to get more for your money
alot of people who live in manhattan do so because no matter what sacrafices they have to make they want to be in manhattan....
its like if you live in long island you have a whole host of towns you can choose from but theres only 1 manhattan.... its not about value , its not about great deals... its about location location location ...
im not a manhattan person, infact i rarley even go there but to some its worth every penny to live there and no where else is acceptable.
we even own co-ops over by central park as a family business and we have had no desire to spend that kind of money to live there... personally i much prefer our apartment in bay terrace queens and our 2nd home in the poconos for the same dough as living in manhatten
Oh, the bolded is so true...I once dated a guy who lived in a shoebox of a studio (4 floor walkup!) in the upper east side (70's I think). The standard matchbox sized kitchen and all . Anyway, he bragged about never leaving and why (heaven forbid!!) would he leave Manhattan to hang in say Queens or Brooklyn? The neighhood was cool with the cafes and shops around...
Two years later he hightailed it to a 2 bedroom in Jackson Heights. Last time I spoke to him of course he was going on about the space and money saved, Manhattan wasn't all that, blah x 3
If the bailout money ever stops and interest rates rise I would expect even the mighty NYC to return to fundamentals.
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. Anyway, he bragged about never leaving and why (heaven forbid!!) would he leave Manhattan to hang in say Queens or Brooklyn? The neighhood was cool with the cafes and shops around...
