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Type: Posts; User: InsideScoop

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  1. Replies
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    The city center towers project is DOA nothing in...

    The city center towers project is DOA
    nothing in journal square will get done this cycle
    wait about 10 years and you might get something

    after the last couple of JC projects wrap up,...
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    1. On hold - the developer got whipsawed by a...

    1. On hold - the developer got whipsawed by a project in asbury park and gulls cove. no cash for the 2nd trump-themed project.
    2. On hold - no financing for this pricey condo now.
    3. JSQ Towers -...
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    hah 60 feet sounds like a 6 story townhouse to...

    hah
    60 feet sounds like a 6 story townhouse to me

    what a joke the hamilton parkers are against EVERYTHING . . .
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    These were all small projects by small developers...

    These were all small projects by small developers who don't have enough money to perform. Wait until next cycle.
    ...
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    RE: Hudson Exchange - not sure if you are...

    RE: Hudson Exchange - not sure if you are referring to the Monaco/San Remo projects by the Doubletree, the Pep Boys - Metropolitan Tower, or the rest of the planned demolition of the retail facility,...
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    Monaco/San Remo on indefinite hold due to capital...

    Monaco/San Remo on indefinite hold due to capital markets. (90% of cost development loans no longer available).

    Also Pep Boys site on indefinite hold.

    Waterfront area project which are...
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    tbal, re-read the article CAREFULLY. The one who...

    tbal, re-read the article CAREFULLY. The one who wants the "Abatement" is the City because it enables them to keep all the tax money instead of sharing with the County. The developers don't care...
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    Yeah like I said 2012. :rolleyes:

    Yeah like I said 2012.

    :rolleyes:
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    If the new building is completed on time there...

    If the new building is completed on time there not moving until 2013 or 14.

    Actually 2010.
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    570 Washington Blvd is an address in Jersey City....

    570 Washington Blvd is an address in Jersey City.

    It's the location of a building.

    JP Morgan Chase is in it.

    They are moving out of it to relocate into their new building in lower...
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    What workers from JC are moving to the new WTC 5?...

    What workers from JC are moving to the new WTC 5? they are relocating Midtown workers there, nobody from JC are part of the deal

    The whole crew that works in 570 Washington are relo-ing there as...
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    Ianmac the income taxes in NJ are roughly equal...

    Ianmac the income taxes in NJ are roughly equal to those in NYS since the McGreevey (and subsequent Corzine) increases in the 'millionaire' tax, etc..


    Idea that JC stole firms after 9/11 is...
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    I know I have spoke to Steve Fulop and he said...

    I know I have spoke to Steve Fulop and he said Mack-Cali is serious in building Harborside Plaza 4

    OK, but "insidescoop" knows that the inside scoop is that they are not serious, they have no...
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    investor dude people are building CONDOS like...

    investor dude

    people are building CONDOS like crazy

    no one, i mean absolutely no one, is building an office building now.

    NY heavily subsidizes corporate relocation to new office...
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    citybooster The State of NJ mostly eliminated...

    citybooster

    The State of NJ mostly eliminated the B.E.I.P. benefits which were supposed to compete with New York's business relocation benefits. Since then, the downtown JC office market has not...
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    From here on out long-term PILOT deals are done...

    From here on out long-term PILOT deals are done in Jersey City. This administration is unbelievably retarded.
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    Trihobo i think you were referring to me, and...

    Trihobo i think you were referring to me, and sure thanks. Don't get me wrong, I'm a HUGE JC booster too! It's just that a lot of real estate talk is hype hype hype by big mouths and I think it's...
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    http://www.starwoodhotels.com/westin/about/news/ne...

    http://www.starwoodhotels.com/westin/about/news/news_release_detail.html?obj_id=0900c7b9805d3ed2

    The westin link is above.
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    Dan Prussack Falcon and Robert are a couple of...

    Dan Prussack Falcon and Robert are a couple of real dip$hits. Imagine they oppose the nicest looking new building on the waterfront just because they have some personal problems. Time for them to...
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    Among the many barriers to commencement of the...

    Among the many barriers to commencement of the Powerhouse project is the Port Authority, which owns it, and the cost of moving its electric substation which is located on the site to some other...
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    The light rail tracks are the border which...

    The light rail tracks are the border which divides those properties between the two owners/development groups.
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    Monaco and San Remo 1, 2 are all clustered tight...

    Monaco and San Remo 1, 2 are all clustered tight around the Doubletree on Hartz property (see picture)

    http://www.jerseycityportal.com/realestate/images/monacoandsanremo2.gif

    Hartz owns the...
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    Hartz, et. al. own the Doubletree/Monaco/SanRemo...

    Hartz, et. al. own the Doubletree/Monaco/SanRemo lots.

    G&S own the pep boys, shoprite, whatever. 2 totally different groups.
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    Tbal I am sorry to point out you are incorrect...

    Tbal I am sorry to point out you are incorrect about one key thing.

    The Doubletree/San Remo/Monaco projects are being done by a well experienced, capitalized and organized development group that...
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    The Inside Scoop is, the construction cost of...

    The Inside Scoop is, the construction cost of this building is too shocking for the owners of the pep boys land, and they are looking for someone to buy them out of the deal. This project is...
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