My understanding is that home buyers have a hard time getting mortgages for units in new condo developments.If that's the case, and that's what's holding up the sales of Canco units, maybe the city could try this: instead of offering richer abatements, figure out some kind of new mortgage program designed for people who want to buy units in new Jersey City condo developments.
Trouble in paradise?Developer seeks better tax deal for Canco Loftsby Ken ThorbourneTuesday June 10, 2008, 2:24 PM
There are plenty of luxury apartments along the West Side HWY, and I haven't read about this being a problem. I don't know all the factors to the pollutant particles to make comparisons, but I would be surprised to lear there is a dramatic or any difference at that quadrant where Canco is versus 10th St downtown JC, or any building off the West Side Hwy. It would not be my first choice for a home, but different strokes for different folks. Hopefully, it will turn out to be a good project and ultimately improve the neighborhood and quality of life in that neighborhood. The web page does a not job of making it all look nice.
My only real thought on this is the fact that it is right by the turnpike and the 1&9. You can block out the noise with some good windows but you can't block out the dirt and soot, not to mention the car fumes. Imagine paying a lot of money to live in a place where you can't open the window because the air is so bad your goldfish will get ashtma!
Post your thoughts and reviews on the American Can Company / Canco Lofts in the Journal Square section of Jersey City.Canco LoftsSales Center50 Dey StreetJersey City, NJ 07306(201) email@example.com
I've been trying for a while to read the whole message in the neon letters. Anyone know what it is?I thought it was a big art installation, but seeing their website, now I think it's just pretentious.
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