2009 Aug 5th

Hoboken Condo Auction Action

Going, Going, Gone?auction

Here is the story on the auctionthat is taking place today on two Hoboken condo buildings.  One is a Fields Development project at 1300 Park.  They are very modern 2 and 3 bedroom units that were for sale .  The entire building was for sale in ’97 for $1.1mil.   That listing expired.  Then the ground floor business (a bar with a liquor license) was for sale for $150k in ’98.  That also expired.  Then the 8 units of rentals were gutted, renovated and put on the market for sale by Caufield Real Estate. The units were listed from $499k to $549k.  No luck.  They were pulled as sales and re-listed as rental for $2,750 to $3,150.  Nope.  Now they are up for auction.  3 bedroom 2 baths are 919 sq. ft.  That’s a lot of rooms to squeeze into a small footprint.  The 2 bedroom 2 baths are 896 sq ft.   I liked these much better than the 3 brs.  The esthetic is very high tech with ‘euro’ style kitchens with stone counters & subway tile backsplashes, stainless appliances, nice hardwood floors, exposed air ducts for the central air.  In my opinion, the location is good.  Convenient to the 14th St. bus, NYSports Club, rental parking and close to Washington.  It’s a very pretty area with lots of brownstones & tree-lined streets.  My prediction – if they sell – is in the high 300k range. 

The other project is by Treetop Development and is located at 517 Jackson and called the Emsee.  Obviously the location is the issue there.  A handful of these units have already sold and now the rest are up for auction.  Brand new construction, parking, elevator, bamboo floors, modern kitchens with stainless appliances.  Some sold for as high as $547 a square foot.  Others for only $473.  Now they are being auctioned “at any price”.  Wow – I feel sorry for the guy who paid $520,000 for a 2 bed 2 bath when his neighbor gets it for $150,000 or so.  Remember the Velocity?  That didn’t go so well.  My prediction for these are less optimistic – maybe $200k.

I also wonder, with so many first time buyers going for FHA financing today, and FHA approval requiring no owner control 10% or more of the building and not permitting any retail, how are these buyers going to get financing?  Cash, anyone?

The auction is at the Hyatt in JC tonight at 6pm

Here is the story.

THE WEEKLY WEDNESDAY WRAP UP – will be up but may not make it until Thursday.  We’re headed on vacation and I won’t have access to a computer for most of the day.  If you don’t see it, please check back tomorrow.

Please note – we don’t mass email it out because gmail locks me out of my account.  Just fill in the little form with your email and it will be sent to that address immediately.  Thanks!

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  1. nag

    I have to disagree with Lori on the location of 1300 Park being a good location. I know the Malibu Diner is the new local hot spot thanks to our former mayor, but that’s the problem with 1300 Park-it is two buildings away from the Malibu diner. While walking South on Park brings you to the nice brownstones Lori mentions, simply looking North out the front door is a large brick wall followed by the Malibu diner, two gas stations, and arguably the busiest intersection our city has.

    I think that has something to do with why they have not moved. What are other people’s thoughts on whether the 1300 block of Park is a good place to buy?

  2. homeboken

    I think the location of 1300 park is fine. Not waterfront, but no different than the Upper Grand area in my mind.

    The issue here is size and finishes. People that are willing to pay for the higher-end finishes (which 1300 has) usually will want more than 896 square feet for living space. The fact that these units have no real dining area (that shelf adjacent to the kitchen is not my idea of a dining room), no parking, no elevator, no doorman etc will keep the prices low.

    The building really contradicts itself. Luxury finishes in a very small space. I think that someone that is willing to live in a less than 900 sqft 2 BR 2 BA walk-up is not going to value high-end finishes all that much. I will guess that the 3 guranteed to be sold, don’t generate much interest from primary residence buyers.

  3. dkzzzz

    I think these acutions will bring a lot of cash buyers. Will be interesting to see what final prices will be like.
    As far as Hoboken Uptown is concerned: I was always sort of puzzled by why would anyone want to live there. Don’t get me wrong some streets are beutifull but so as Morristown or some other NJ location.
    If you live on a bus line in Hoboken and commute to NYC you might as well spend a little more and live within walking distance to Path.

  4. Andy

    Nag – not to be an instigator… but way to use inuendo and snark while commenting on someone else’s residence. Sorry had to point out the obvious.

    But since we’re all allowed to share opinions I’ll offer mine.

    I have friends that live on that block. Personally I think my friends are crazy. Its close to a gas station(not 2 but 3 if you count the one on willow and 13th). How is that desireable other than as rental units? I agree w/ DKzzz spend a little more and get a nicer location. Disagree on the path locality due to annoying bar patrons but there are many other nicer blocks in town.

  5. bz

    I like 1300 Park location. I loved the area when I was living at 11th and Washington. It has more residential feeling, with all the public transportations, quieter with less stores and restaurants. You have CVS and NY Sport club, and you are next to Tea building and close to beautiful refinished brownstones, waterfront, Maxwell’s, and park. It definitely has the old charm that we love about this town. Actually, I like that fact that we were a little far from the Path and bars. Maybe we are getting old:) (in our thirties with a kid). But that’s just me. BTW, the uptown Starbucks is the best one in town.

  6. FTB

    First time buyer here- lori mentions the difficulty in getting financing- what is the percentage of ownership generally required to get financing- fha or otherwise?
    thanks

  7. mike

    If you are a winning bidder how is the 10% vig to the auctioneers paid? You would owe them 30K on a 300K bid…obviously cash works.

  8. dkzzzz

    I don’t know about this particular auction, but regular RE auctions work as such: You owe cash downpayment at the auction and the remaining balance should be paid within certain announced period. So some people who have financing lined up could participate in RE auction without having 400K in cash.
    Hovewer , this is NJ ,so who knows how this auction would work.

  9. Ran

    Lori means the problem is not your downpayment, but that you will find it hard to get cheap FHA loan if the building is still largely owned by the developer.

  10. Fred

    Does anyone know the results of the auction? Was it packed? Winning bids?

  11. Bharath

    Just came back from auction..8 units at 1300 Park sold first before any unit 517 Jackson. They went from 345 to 450K…about 4 of them were absolute
    6 units at 517 Jackson went from 265 to 285K. Parking 15k extra. about 4 of them were absolute.

  12. Tiger

    Whoa! 265K? See if you don’t mind the location this is a deal.

    I was shocked when I saw them tear down the C town and putting up the announcement. It is one thing to live a block or two from what’s potentially the WORST block in Hoboken, it’s another to actually live right there.

  13. gwl2

    I’m an auction naif. What does “absolute” mean in auction terms?

  14. lori

    In an auction, the seller can set a reserve and say ‘if we don’t get a high bid of at least x dollars we won’t sell’. An absolute auction means that the seller will sell regardless of how low the highest bid is.

    The 1300 block of Park may not be the prettiest block – maybe the 900 block of Hudson or the upper parts of Bloomfield or Garden are nicer, but in my opinion it sure beats most of midtown!

    Nag – I live uptown and I walk to the PATH. You couldn’t pay me to live below 7th near Washington – too many bars, too crowded, too much traffic. I think we have different ideas of what “walking distance’ means but I’m a New Yorker so 10 blocks isn’t a big deal.

    I’m not surprised by the results of the auction. Pretty close to what I predicted. I am surprised they got as high as 265k for 517 Jackson but for an investor, it might work if you could get 1200 or 1300 in rent. I still feel sorry for the other owners in that building now.

  15. mike

    Congratulations to a winning bidder. You should be excited. Well done!

  16. homeboken

    I am quite surprised at the results of 1300 Park. I thought they would top at around $350,000. I never thought they would touch $400k, but then again these results are not factual (yet).

    Either way, congrats to the new owners.

  17. Tiger

    I think the auction is just one more proof that there are **many** potential buyers sitting on the sideline waiting for an opportunity to grab it, which is good news, we are not that poor, not yet at least.

    As for 517 Jackson, I agree Lori. With this auction someone lost 30 – 40% of their condo value overnight.

  18. homeboken

    Tiger – I think you are right, at 25% off asking, there is some interest.

    The 1300 Park 3 BR’s were listed at $549,000 originally. They sold 1 at $425,000. 23.4% of original asking price.

    There is definetely no shortage of demand for Hoboken. But the spread between bid and ask is still very wide. When the ask comes down, condo’s move. The weekly wrap-up trends will tell a lot as we move out of the busy real estate season over the next 2 months.

  19. Kevin

    Hi Lori:

    Can you post the results of the auction? I am very interested in the final price per square foot and overall outcome of this event.
    Thanks

  20. Interested

    come on – 1300 park is a terrible location – almost anywhere in midtown beats that…1300 park is an eye sore and a lot of traffice…

    up town is around 9th and garden is nice – but midtown (around church square and other locations) is just as nice and a much better location for restaurants, shopping and PATH….also, those uptown locations (brownstones) usually don’t have parking or an elevator….

    by the way, i don’t live around church square, but i use to….

  21. Fred

    There are more condo auctions coming online soon. The auction companies don’t want people to know this so they slowly have 1 or 2 auctions at a time. Otherwise, the market wouldn’t be able to handle (i.e. sellers getting the best price) at once all the apartments that will be auctioned. Be prepared for more auctions in Hoboken. I expect an announcement soon on more…but don’t expect much at once. Once again, they will slowly come online. Buyers beware. Don’t think this is a once-in-a-lifetime opportunity because it isn’t. That’s what people in California thought a couple of years ago when homes sold for 20% off their peaks. And then a flood of homes came online and prices were soon 50% off their peaks. I don’t mean to offend anyone, but I think suckers are buying now.

    A couple of years ago I called a real estate agent in Hoboken for info on new condos. After the agent got done with the sales talk, she started to tell me more about what SHE was doing. Apparently, she and others in her office, as well as other she knew, would go in as a group and buy a dozen pre-construction condos. They would hope to flip them by the time they were actually built and this was the game. She assured me, at the time, that while they had problems selling at what they thought was a good price, they would just rent them out. Well, two years later, while I haven’t spoken to her since because I don’t remember her name or #, I suspect they are in a boatload of trouble. Now I ask, how much of the new condo construction in Hoboken exists because of the artificial demand by this group of people and others like them?? The same sort of thing played out in Las Vegas, Phoenix, and inland California recently. These things take a while, but I have a good feeling I know where the market in Hoboken is headed in the next five years. While it may be a good place to live, just like the other places mentioned, there is a rational price at the end of the day that makes sense.

  22. Eric

    Homeboken, Tiger, etc. –

    From reading other forums/blogs, it looks like the prices posted by Bharath did not include the 10% buyer premium.

    Apprently only one unit at 1300 Park sold for under $400k when you take into account the additional fees. Seems like the developer (or at least the auctioner) made out pretty well.

    Still, big discount from the (ridiculous to begin with) asking prices.

  23. nag

    Andy – you definitely have a crush on me. And to be snarky, it was no one’s residence as of the time I posted my comment. That was the reason the whole building was being auctioned…because nobody lived there.

    Lori – I agree about living uptown. 10 blocks is a walk in the park. Not a big deal at all. My concern was that 1300 Park is not a good location because of its proximity to the diner, gas stations, and the busy intersection. I think the 1200 block is beautiful, the 1300 block isn’t “ugly,” I’m just wondering what the location, i.e. being on the same block as all of the above, does for its value. From the mixed responses it seems like some people don’t take issue with the location and see it as no different that 1200 Park, while others do.

    As an aside, I think getting a 2B/2bath at 1300 park for under $400k is a steal.

  24. Interested

    Fred –

    What other buildings (not next to the projects) do you think will be at auction soon? I don’t see that many empty buildings around town – just wondering.

    By the way – I’m a sucker – I just closed last week – but I got 23% off the high in the building and it was the best unit in the building. Also, I paid $409 a sq. ft. for (i) 1322 sq. ft., (ii) deeded parking, (iii) terrace, (iv) near PATH, (v) common yard, and (vi) good condition with central air, etc. I was definetly sacred buying, but I think it was a home run. The place should be in this week’s round up.

    The reason I got the place at this price, which I think is at least 75K off what it should be in today’s market, was that the Seller’s had no clue how to stage their place or what the price should have been. I think their realtor just wanted to move it and make her commission. The Seller already bought a new place without the closing proceeds – so why the rush? I think Lori should do a blog about doing your homework and staging….

    For example, there was a peice of molding missing from the counter. When we moved in, the molding was above the cabinets. A couple of nails and it was perfect. How could they not fixed that to show the place? More, the shower curtain rods were rusted – $10 at home depot – new rods. It helped so much. Also, the Seller’s paint color and furniture were terrible. Our new furniture and our paint job make the place look like its palace….

    A few minutes with a GOOD realtor and the Seller would have gotten a lot more and we would have paid it!

  25. mike

    $345,000*1.1=$379,500
    if quick close option was chosen subtract 2%.
    $379,500*.98=$371,910

    it was a nice buy for like new with nice appliances and washer/dryer.

  26. dkzzzz

    Wow these auction prices are not much different from regular asking prices. 450K for 900sq feet on the bus line is nothing to brag about.
    I am very surprised and encouraged at the same time.

  27. Eric

    $400k for a 2b/2b is a great deal in theory. But remember, they’re 896 sf.

    That’s over $440/sf, which is still a decent bargain, but nothing to write home about, especially for this location/floorplan.

    I agree with Fred, buyers are getting suckered into this thinking it’s a great deal just because it’s labeled “auction.” There are nicer places to be had for $440/sf.

  28. Laki

    I attended the auction… Pretty much everyone did a quick close, so the final prices (including 10% buyer premium and 2% discount for quick close) for the 517 Jackson were: 293K – 304K (these were 2 bedroom 2 bath places whose square footage ranged from 1100 to 1500 roughly) and for the 1300 Park (2/3 bedroom places square footage ranging from 890 to 920) the range was 366K-458K

  29. Laki

    I would echo Fred’s sentiment that prices are headed much lower in years to come, not just in Hoboken but all of north east, especially the New York area. in my opinion Manhattan will be hit the hardest from this point on. All fundamental analysis points to this conclusion and i think the only way this doesn’t play out is if inflation spikes up… but in real terms – prices will go down.

  30. Recent Buyer

    NAG, Lori – IMO, A ten block walk in not a walk in the park ladies…I live in NYC now and noone wants to be 10 blocks from the subway…look at the prices for apts that are not within 3 to 6 blocks to the subway – they are priced lower. I’m moving to Hoboken in a few weeks and it’s a seven block walk to the Path. It takes about 10 mins. That’s already stretching it. In NYC, we live 6 blocks from the subway. When it’s 20 degrees outside, that even seems like a very long walk!

    I’m not saying it’s the end of the world. But, I doubt folks looking to take the Path everyday want to live that far uptown. In general…there are exceptions, of course…Lori appears to be one of them, but does she walk to the Path twice per day as her daily commute?

  31. Andy

    Encouraging that buyers are still out there. At the very least this will discourage developers from building more monstrosities in Hoboken for fear that they will be unable to sell the units at any significant profits.

    Lets work off our supply in the coming months/years and we can all be happy to know we are getting back on track.

  32. Lori Turoff

    I don’t actually walk – I ride my bike. Have you spent any time at the path station? Noticed how many people ride a bike? SO MANY that there are not enough bike racks. If it’s crummy weather, I hop on the bus. I’d rather be a block from Elysian Park than Bahama Mamas.

    I don’t go all the way to the PATH but my office is on 2nd & Wash and I go back and forth at least 4 times a day (to work, to the gym, showing properties), probably more, almost 7 days a week.

    When I lived in the city on Union Square (above the subway) for over a decade I rode my bike to my office on Canal St. It was the best part of my day. Most people could use a little more exercise. You’re never going to convince me (and many others) that 10 short blocks is “too far”. That is such a suburban, outdated mentality. Fortunately, many urban dwellers are starting to realize that. NYC is thinking about instituting a bike sharing program like those in Paris and other major metropolitan cities. Hoboken may be behind the times but change will eventually come. Oh – and I bought my bike at the police auction for $40. It was one of the expensive ones.

  33. Andy

    Lori, couldn’t have said it better myself. I’ll take Elysian Park w/ views of NYC than the stench of the bus terminal and obnoxious guidos that hang out by the Path anyday.

    Anyone who has lived in Hoboken knows if you are feeling lazy take the bus uptown for 1.35 or hop in a cab.

  34. Andy

    Recent, my partner does the walk both ways every day. He loves it in the morning on his way down hudson/river sts w/ the views. It takes him 10 mins tops. He’s cheap so he prefers not to take the bus. 😉

  35. homeboken

    I echo the uptown sentiment, I rent there as well and I would not consider the area in and around the PATH for ownership, just personal preference.

    Let’s not forget that there are many other ways to get into the city, besides the PATH. I take the ferry from uptown and love it. Different strokes, different folks.

  36. Interested

    personally i think midtown beats both uptown and downtown…no bus or long walk/ride to the PATH – no bar scene…and its the closest to most of the food!

  37. Recent Buyer

    Where is the ferry and when in NYC does it leave you? My husband works in Soho and is considering taking the Path. Is there a better way? He does not want to take the bus. Our condo is on 7th and Washington.

  38. Recent Buyer

    WHERE in NYC does it leave you, sorry

  39. Eric

    The PATH is your best bet to get to SoHo.

  40. Lori Turoff

    Interested – how long are you going to go on telling us all about how great your apartment is, what a good deal you got, why your neighborhood is the best, etc. etc. It’s really getting old. We’ll all agree – you’re smart and live in the best possible location and beat the market. Can we move on now?

    And (assuming I would even want most of today’s listings) why would I write an article on how to stage an apartment so that it sells? To give away my knowledge, skill, experience and tasteful design esthetic to the dummies that you describe so they can try to cut into my business?

  41. dkzzzz

    It is definitely about lifestyle more than a commute.
    I live in Hoboken because it is cheap. And I use path to go to the New York City, to enjoy life there.
    If I lived Uptown on a bus line I would be cut off from the City . Who are we kidding? Would you take Bus or 30 minutes walk in the middle of the night returning/going to NYC? Would you even go to NYC if it is too cold or too hot and you have to walk 30 minutes to/from Path? No way. Does bus line in Hoboken operates 24/7?
    Well Path does.
    So, to sum it up. Uptown has the best looking streets for those who want to enjoy Hoboken and it’s parks.
    Downtown is for those who want to enjoy what NYC has to offer.
    Downtown streets are just as quiet as Uptown’s if you do research before you rent/buy.

  42. TS

    Doesn’t anyone in Hoboken own a car and drive into the city? :/

  43. Lori

    Auction Results

    Below are the prices each unit went for(+10% premium):

    Parking at Jackson was an extra $15K and there was a discount of 2% if you did a “quick close” (within 10 days)

    1300 Park

    82A $340,000 with reserve
    62B $345,000
    73A $355,000
    43B $390,000
    54A $360,000
    14B $425,000
    25A $425,000
    35B $410,000

    517 Jackson
    201 $275,000 with reserve
    202 $282,500 with reserve
    301 $280,000
    302 $282,500
    401 $272,500
    402 $280,000

    Thanks to Mo for the info.

  44. Recent Buyer

    I disagree that it’s suburban thinking. I’ve lived in a city my whole adult life. Boston, then NYC. It’s all about location, location, location, right?

    Just last night I went to 5 different open houses on the upper east side with my sister who is looking for an apartment. Two of the open houses were on 90th and First Avenue. The 6 train is on 96th and Lex. So, 6 blocks up and 4 blocks over. Accordingly, the prices were $200 per month less than the open houses on second and 94th. City or not…10 blocks in the cold just does not feel like a hop and skip away from the trains.

    Now, I think uptown Hoboken is VERY charming. So does my husband and I bet we spend the weekends walking UP from 7th rather than down. But, bc of his commute, when we were looking for places, he would not consider anything about 8th or 9th. Even the one we bought was right at the cusp for him. So, based on my experience, PATH takers would prob. not buy uptown except under unique circumstances. For instance, my friend and her husband have the same morning schedule, so she drives him to the PATH from their uptown apt.

    So, it depends on many things…But hey, isn’t that what is so great about Hoboken? It suits ALL sorts of needs!

  45. nag

    Interested – I know the place you bought! We looked at that place and gave it serious consideration. I think you got a nice deal – good job.

    Recent – location, location is so true. (As you referenced) We live uptown, and we have a system where I drive him to the PATH in the a.m., and he walks from the PATH to the apt. in the p.m. after work. It works really well for us. On the really bad rainy days, he’ll hop in a cab. The point is, as you touch on, that will not work for everyone and there are sacrifices to be made no matter where you live in Hoboken. I have to be honest though, he complains about that 20 minute walk when the humidity is ridiculous!

  46. Recent Buyer

    We shouldn’t be all over Interested. Seems many people on this site try to argue that their place is ideal…

    To be fair…to argue that riding your bike 10 blocks to public transportation is generally accepted and ideal, is a little disingenuous.

    Call me “outdated”, but I certainly would not sign up to ride my bike in a suit everyday. Forget a skirt suit!! By the time I got to Court, I’d be in a horrible mood.

    Also, if people (Interested) don’t push some buttons, this site would not be as interesting.

  47. Lori Turoff

    Funny, I worked as a law clerk to a judge in Federal Court in Washington DC when I was straight ot of law school and rode to the courthouse in my suit in the DC hot weather all the time. When we lived in the Village, my husband rode his bike down the bike path to Wall St. and back every day in a suit, too. To us and many more like us every day, riding a bike beats a car, taxi or bus any day except in the rain or snow – it’s green, it’s good exercise, it’s cheap, it’s fast, it’s pleasant and it’s easy, and was even when I had to wear “the suit skirt”. Thank goodness those days are long gone. Maybe if you gave it a chance you’d find the endorphins and fresh air might actually improve your mood!

  48. nag

    Lori – your response to Recent Buyer makes me think one thing, “Earthy-crunchy,” of which I am not.

    When you worked as a law clerk to a judge in the DC Circuit, I’m surprised that you didn’t carry tons of redwells for all the opinions you should have had a hand in writing. As a lawyer, I walk home from my parking spot with my work bag, a redwell or two, my lunchbag, and my heels on (in my skirt suit). I couldn’t imagine riding a bike with all that plus another bag for my heels. It’s more than a sweaty mess upon arrival to court, it’s gross.

    For me, I’ll take my endorphins at 5:30 a.m. when I go for my regular morning jog.

  49. Recent Buyer

    You’re a better woman than me then. I leave the house before 7am and don’t step back in before 9:30pm. I don’t need to work out WHILE commuting! I’ll stick to releasing those endorphins when I’m actually working out.

    My husband leaves at 6am and many nights does not return until after 10pm. We’re talking about real estate here, and one’s commute is def. on the very top of the list with respec to considerations. IMO, noone wants a hectic/freezing/sweaty commute.

    In April and on a lucky day where I have all the time in the world and am out of the office at 6pm, I’d enjoy a relaxing bike ride in the “fresh air”. But, I’m more concerned about the other 364 days of the year when I’m looking for an apt.

  50. Lori

    – The biggest draw in my desk was always reserved for my heels. I wore sneakers to commute a la the days of the great NYC blackout (I’m old).

    – I agree that is is not always feasible due to the weather, timing, too much stuff to carry, after work plans, etc. etc. etc.

    – I agree that location w/ respect to commute is extremely important.

    All I’m saying is that for some people, some days, riding a bike is a positive experience for the person and the environment. When I was in-house counsel at AT&T they let me bring my bike into the building and there were showers available (which I rarely needed since the ride was slightly down hill the whole way). Earth crunchy? It’s not about name-calling or judgements. It’s about ending our dependence on foreign oil, cleaning up the air, reducing traffic, stopping the cost of obesity and heart disease. People are starting to open their minds to the possibility. There can always be reasons to be found why it can’t be done. I like to figure out how it can be done. But then I quit the high-paying law job to start and run a bicycle touring company and rode my bike around Europe for 17 years while making a pretty profit and having a ton of fun, so I’ll be the first to admit, I’m not the norm.

  51. Recent Buyer

    Wow. Def. not the norm. And, in real estate, it’s usually about mass appeal.

  52. Andy

    Its nice to know we have prissy people and crunchy granola people living in harmony in Hoboken. To each his own.

  53. Recent Buyer

    Andy…play nice…no name calling :o)

  54. Lori

    Oh – come on – he made me laugh.

    And some of the earth crunch people can be prissy.

    But you’re right – to each his own and may each have the options and possibilities to do his own with ease. That is one of the things that’s so great about Hoboken. Lots of options.

  55. Andy

    Thank you for getting my humor. Was only playing on stereotypes. 😉 you guys are fun

  56. TS

    I’m a little confused by this uptown vs downtown debate. Based on my impression, which I admit is just an impression and I have no hard data to back it up, uptown is more desirable for the higher-end market(especially 2bd+ units), while downtown is more popular with the younger crowd/first-time buyers and therefore especially for 1bd’s.

    Don’t brownstones uptown typically sell for more than downtown? And aren’t the most desirable condo buildings – Maxwell, Harborside Lofts, Hudson Tea – uptown rather than downtown?

    These are just how I’ve always seen things, but I am open to being corrected.

  57. Lori

    It’s not quite done – I’ll try to post it tomorrow (some vacation I’m having) but I’ve done a google map of what sold & where since 1/1. Pretty interesting results! Stay tuned.

  58. Eric

    Can’t wait Lori. I don’t really care how the data looks, but hopefully we can stop having this debate in every post.

  59. NAG

    Ohh, Andy. Always calling me new names. We had snarky a couple weeks ago, prissy this week…I can’t wait for next week.

  60. Andy

    NAG, I’ll call you right out. You are narcissistic to the extreme. There’s another site that you might be better at posting on and its called Hoboken411. You’ll fit right in

  61. Andy

    But I’m done taking the bait Nag. Get a life please

  62. nag

    Wow. The comments on this blog have clearly taken a turn for the worse. Is there a moderator on this comment strand? This is unfortunate.

    Andy, did you really suggest I “get a life?” You are pathetic.

  63. Andy_is_a_Doofus

    Andy – how’s your little pippy doin’? Pick on someone your own size.

  64. lori

    Come on guys – get your minds out of the gutter and spend your energy on more positive, productive things.

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