If you live in the New Jersey area, you have probably heard a lot of talk lately about tax abatements. The New Jersey City Council has recently voted to approve a 20 year abatement for a proposed condo property development in the Powerhouse Arts district. This means more condos for Jersey! A tax […]
Archives: June 2014
The Good Old Summertime!
Baby Boomers Setting New Trend on National Real Estate Market: All Cash Deals
As more Baby Boomers retire, real estate experts all across the United States are seeing more cash deals, according to a recent report from Bloomberg. Evidently, these Baby Boomers (defined as anyone born between 1946 and 1964) are opting to purchase their homes with all cash instead of taking out a mortgage. Experts credit this […]
McGinley Square – Big Plans!
Have you been to McGinley Square in Jersey City? It is one of the oldest neighborhoods in the city. The problem is that, being a very old neighborhood, it needs a spruce-up. Well, it looks like that is exactly what it will get with the McGinley Square East Redevelopment plan. The proposed project, which […]
Bowling and Rock Climbing Together?
Here in the Hoboken area, an ambitious project has been proposed to the city’s Zoning Board of Adjustment. It would entail a Bowling Alley, a climbing gym, and other commercial/retail space on the ground floor, with office space above. On top of that would go ten stories of residential space. South of the 14th […]
Report: U.S. Home Sales Increase for the First time in 2014
Real estate experts all across the country were thrilled to hear the latest numbers on the national housing market recently. That’s because sales of existing U.S. homes showed a slight increase between March and April, reversing a 12-month trend in which home purchases had been dropping. This wasn’t the only good news that the National […]