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Nexis4Jersey t1_iqwjoj6 wrote

Any word on developing the other lots near the station?

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effort268 t1_iqwx57a wrote

Havent heard anything yet but Im assumign that if this building and 777 McCarter lease up entirely, the other empty lots will soon get some action

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Frequent_Blackberry6 t1_iqyhxc3 wrote

That pink colored building on Market Street next to the TD Bank. Looked like it used to be a motel. That building got torn down

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sutisuc t1_iqyrtw9 wrote

Last I read no actual plans for it yet. Will prob sit vacant for years

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Frequent_Blackberry6 t1_iqyrz2a wrote

The developer will time the market. Build when it’s ripe

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Ironboundian t1_ir09qll wrote

Untrue. The developer is seeking to expand the parking lot next door to add around 70 parking spaces to the existing massive lot.

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sutisuc t1_ir0i56j wrote

LMAO

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Ironboundian t1_ir0jsaz wrote

Totally. It was item number 4 on the Sept 26th hearing

“CPB-22-40 Address: 405-419 Market St Block: 179 Lots: 10,13,17,22,26,28,30,32,42,45,47-48 Description: Proposed parking lot expansion with 70 additional spaces Applicant/Owner: Raymond Newark Properties, LP Attorney: Jennifer Mazawey, Esq.”

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sutisuc t1_ir0lht1 wrote

Damn. Just what that area needs, more private car storage. Thanks for sharing.

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Frequent_Blackberry6 t1_iriyopd wrote

Ok you are referring to the old Spain Restaurant Lot. I was referring to the Lot Across the street from there. It used to be an abandoned ugly pink building next door to TD bank

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Frequent_Blackberry6 t1_iriy4mu wrote

That lot is worth way more than just 70 parking spots. Building vertically makes more sense

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Frequent_Blackberry6 t1_iriysin wrote

I was talking about the lot across the street from there on Market Street. Next to TD bank

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vasquca1 t1_iqxg1rl wrote

Is this page where all the developers come to gloat about what’s going up or am I in the wrong place?

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sutisuc t1_iqy3jcj wrote

Yup you got it. This is the gentrification cheerleading sub

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effort268 t1_iqyr0ed wrote

lol no one lives in these areas. If you dont build more apartments, these new residents will simply kick you out of your apt cause most of us rent. Thats gentrification. Let them have their own housing so we dont get kicked out of our neighborhoods.

Sadly we live in a capitalist society and if we stop them from building new property, our landlords WILL get greedy as demand goes up they can simply raise your rent.

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IsstvanIII t1_iqz5u0g wrote

‘Sadly we live in a capitalist society’ Buffoonery

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effort268 t1_ir31ipv wrote

Unless youre a homeowner, you best believe demand for housing will increase your rent. Hence its good to increase supply so prices don’t increase too much.

If you purposely push down supply, prices will go up. Capitalism (developers, high income folks) are realizing Newark potential, hence the increase in rent. That’s capitalism.

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IsstvanIII t1_ir36v2v wrote

And Capitalism is what makes it possible to have nice things.

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thebruns t1_ir3mziw wrote

Its been an empty lot for decades. Who is being displaced?

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effort268 t1_iqxvljz wrote

Jerseydigs is mostly about development in NJ (primarily the cities).

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VroomRutabaga t1_iqymkd8 wrote

I was just making the exact same comment to my husband, two seconds before I read your comment. And I agree with you 100%

I have some words for the gentrifiers but then again it’s best not to be kicked out of a group.

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felsonj t1_iqyu1dc wrote

Not all of us. I for one love rotting buildings and vacant lots. I especially love them in the vicinity of the largest rail station in NJ, eighth busiest in the nation. I think it’s a great use of land to keep that area at exactly the density it is right at the time when I moved in. Anything is too expensive and offensive if I can’t afford it. I’ve never taken a course in economics, the law of supply and demand to me mean if the people demand it government must supply it.

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thebruns t1_ir3n0es wrote

Its been an empty lot for decades. Who is being displaced?

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