Comments on: Condo Sale Prices – Manhattan vs. Hoboken http://hobokenrealestatenews.com/2008/07/28/condo-sale-prices-manhattan-vs-hoboken/ What buyers and sellers need to know about Hoboken condos and real estate. Mon, 06 Feb 2012 19:46:18 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: anon http://hobokenrealestatenews.com/2008/07/28/condo-sale-prices-manhattan-vs-hoboken/comment-page-1/#comment-746 anon Sun, 23 Nov 2008 04:41:04 +0000 http://hobokenrealestatenews.com/2008/07/28/condo-sale-prices-manhattan-vs-hoboken/#comment-746 The price spread is greater, but the percentage is exactly the same. So I would except declines in both manhattan and hoboken. The price spread is greater, but the percentage is exactly the same. So I would except declines in both manhattan and hoboken.

]]> By: JC http://hobokenrealestatenews.com/2008/07/28/condo-sale-prices-manhattan-vs-hoboken/comment-page-1/#comment-345 JC Tue, 29 Jul 2008 13:54:51 +0000 http://hobokenrealestatenews.com/2008/07/28/condo-sale-prices-manhattan-vs-hoboken/#comment-345 Its so difficult to gauge the Manhattan market with all of these $50 million sales that skew all the data. What is apparent to me is the more expensive Manhattan gets Hoboken will simply look to have that much more "value". If folks want to live in more than a box and dont want to spend $800k, then they must move to where the value is. Sure, you can find a co-op that is more than a box, but then one would have to deal with the formalities of a co-op board and its financing obligations. Sure, Brooklyn, LIC, Inwood are options too.....but why not come to where there are no city income tax and the view is better! Its so difficult to gauge the Manhattan market with all of these $50 million sales that skew all the data. What is apparent to me is the more expensive Manhattan gets Hoboken will simply look to have that much more “value”.

If folks want to live in more than a box and dont want to spend $800k, then they must move to where the value is. Sure, you can find a co-op that is more than a box, but then one would have to deal with the formalities of a co-op board and its financing obligations.

Sure, Brooklyn, LIC, Inwood are options too…..but why not come to where there are no city income tax and the view is better!

]]> By: Lori http://hobokenrealestatenews.com/2008/07/28/condo-sale-prices-manhattan-vs-hoboken/comment-page-1/#comment-344 Lori Tue, 29 Jul 2008 02:29:20 +0000 http://hobokenrealestatenews.com/2008/07/28/condo-sale-prices-manhattan-vs-hoboken/#comment-344 No problem. I agree with you. NYC may have had the spike in prices due to European money. We haven't seen as much of that here in Hoboken. - Lori No problem. I agree with you. NYC may have had the spike in prices due to European money. We haven’t seen as much of that here in Hoboken.
– Lori

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