2014 Dec 2nd

Hoboken Arts Center Coming to a Street Near You?

One of my readers kindly alerted me to a proposal which has received surprisingly little press – the Hoboken Arts Center.  In fact, if you google “Hoboken Arts Center”, nothing much comes up.  On the second page of results you’ll find an @HobokenArtsCtr twitter feed.  The posts are from 2011.  There is also a facebook page called Hoboken Arts Center, again with posts from back in 2011.  As it turns out, there is a proposal to construct a 10 or 12 story building (depending on whom you believe) at at 931 Madison, the southwest corner of 10th and Madison, current home to the  Water Music Recording Studio. Evidently, the proposal is coming back to life as I was told there was a meeting about the project last week.  I was given the following summary of the presentation from the meeting.  This is third-hand information but, according to my source, the owners and builders of 931 are proposing the following:

After a little digging, I learned that last week’s meeting was held by the Hoboken City Council Development Subcommittee. I understand they will be holding another one soon on the same topic. I suggest you reach out to the chair of the committee, Hoboken Councilman Peter Cunningham, for more information. This isn’t a meeting organized by the Mayor’s office or administration so the notices which are normally so widely dispersed were absent.  I suppose that is why only 5 residents were present.
Interestingly, if one looks at the website of the project architect there is yet another description of the Center:

The Water Music Arts Center

The Hoboken Arts Center is a mixed-use 10 story cultural facility integrating art galleries, a public theater, recording studios, educational facilities, commercial catering facilities and an outdoor promenade into a 4-story public base while supporting six floors of private residential condominiums in the building’s upper section. Indoor parking is provided below grade.

In 2008, the project was unanimously awarded City Council approval and currently awaits a public reading for the expansion of its program.

Notice the fifth photo – it clearly shows a very stark-looking tower, very out of character with Hoboken’s classic architectural style, and soaring over its neighbors. Something to pay attention to, people.  Especially if you live on the west side of town.

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Posted by Lori Turoff | Currently 6 Comments »

2014 Nov 27th

Happy Thanksgiving, Hoboken!

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Thank you to whomever took this awesome photo!  Would give you credit if I knew who you were.

We are so fortunate in so many ways.  We live in one of the best places on Earth!  The USA, the Northeast, New Jersey! and Hoboken.  What could be that?  Very, very few places offer so much opportunity, safety, and enjoyment.  Our community just keeps growing stronger, thanks to the involvement of all of you.  The Turoff Team is thankful to each and every one of you for your interest in what we have to say and your trust in us when it comes to one of the biggest financial decisions of your lives.  We love what we do and thank you for letting us help you.

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We are buried under about 2 feet of snow in Upstate NY.  Velvet loves it!  I hope each and every one of you are with friends and family and enjoy this special holiday.  Eat too much, drink too much, and laugh a lot.  Happy Thanksgiving, y’all!

Posted by Lori Turoff | Currently No Comments »

2014 Nov 26th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of November 26th, 2014

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from the Turoff Team!

 

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As of November 26th, 2014:

  • 144 active Hoboken listings
  • 120 Condo & Co-op listings, compared to 121 last week
  • 10 Single-family listings, compared to 11 last week
  • 14 Multi-family listings, compared to 13 last week

This Week’s Residential Property Sales & Activity:

  • 8 DABOs (Deposit Accepted By Owner and Under Contract) vs. 11 last week
  • 19 Sold vs 30 last week
  • 14 New listings vs. 14 last week
  • 5 Price changes vs. 3 last week
  • 0 expired listings vs. 2 last week

Studio & 1-Bedroom Properties

47 Active listings

7 New listings

1 Price change

4 DABOs

  • 308 Monroe St., 1R listed Nov 19 for $305K;
  • 157 14th St., 4L listed Nov 11 for $435K;
  • 736 Garden St., 3 listed Nov 14 for $449K;
  • 369 1st St., 3 listed Nov 11 for $449K;

6 Sold

  • 80 Park Ave., 4F lsited Jun 5 for $339K; reduced Jun 23 to $328K; reduced July 21 to $320K; sold for $309K;
  • 116 Adams St., 6 listed Sept 18 for $319K; sold for $315K;
  • 64 2nd St., 306 listed Sept 26 for $359K; sold for $359K;
  • 101 Willow Ave., 5F listed Sept 5 for $419K; reduced Sept 26 to $415K; sold for $405K;
  • 818 Willow Ave., 2L listed Sept 29 for $435K; sold for $440K;
  • 1500 Washington St., 10A listed Aug 27 for $765K; sold for $758K;

2-Bedroom Properties

57 Active listings

4 New listings

2 Price changes

4 DABOs

  • 400 Jefferson St., 2 listed Oct 3 for $349K;
  • 515 Monroe St., 5 listed July 18 for $625K; reduced Aug 21 to $600K;
  • 1450 Washington St., 411 listed July 22 for $1.0M; reduced Sept 9 to $975K; reduced Sept 19 to $950K; reduced Oct 9 to $925K;
  • 1025 Maxwell Ln., 214 listed Jun 13 for $1.20M; reduced Aug 1 to $1.150M; reduced Sept 12 to $1.125M; reduced Oct 6 to $1.050M;
10 Sold
  • 700 1st St., 13T listed Sept 13 for $550K; sold for $555K;
  • 920 Jefferson St,. 606 listed July 31 for $615K; sold for $597K;
  • 1300 Grand St., 401 listed Sept 11 for $650K; sold for $635K;
  • 1300 Grand St., 613 listed Aug 29 for $675K; sold for $667K;
  • 1500 Hudson St., 4M listed July 11 for $775K; sold for $725K;
  • 1100 Adams St., 414 listed Sept 26 for $700K; sold for $736K;
  • 725 Jefferson St., 41 listed July 8 for $799K; reduced July 20 to $785K; sold for $773K;
  • 224 Bloomfield St., 6 listed Sept 3 for $729K; sold for $815K;
  • 1500 Garden St., 3C listed Sept 26 for $1.199M; sold for $1.197M;
  • 1125 Maxwell Ln., 1113 listed Sept 17 for $1.599M; sold for $1.599M;

3-Bedroom & Larger Properties

16 Active listings

3 New listings

2 Price changes

14 Multi-Family Active listings

10 Single-Family Active listings

0 DABOs

3 sold

Posted by Nathan Turoff | Currently 3 Comments »

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