58 Responses to ** Will it sell? Hudson Tea - unit 9N **

• 41. RUHOBO October 6th 2008 - 20:23:29 |

  nothing personal against you nosferatu. Just find whewww comments about you funny. I agree it’s not an amenity but it’s not like they lied about something.

  
  

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• 42. potatochip October 6th 2008 - 21:22:06 |

  I drive by the Hudson Tea Building en route to work every day and ask myself, “Who would live there for those prices, I’d rather live on Riker’s Island.” (that is what it looks like)

  For that much money I expect some outdoor space and something more than a pressurized wall “aka extra bedroom”.

  
  

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• 43. potatochip October 6th 2008 - 21:25:27 |

  RUHOBO wrote:

  here is an example. This looks like the same layout but with better finish.

  http://www.singletongalmann.com/sales/washington_1500_5m.html

  not appealing…. just a good staging crew… unless you live there 4 hours a week that is not feasible.

  
  

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• 44. elainetyger October 6th 2008 - 22:06:04 |

  I agree that it should be called a studio with a sleeping alcove. Under NJ RE Law, to be called a bedroom, it must have a door, a window, and a closet. Even if the window goes to an air shaft, it counts; no window, and even if it’s huge by Hoboken standards, it needs to be called a den or office instead of a bedroom.

  When I sold real estate, one of my first deals was a rental of a similar studio, but facing the water. A couple of years later, the tenant still loved the space, but got tired of paying the $300/month electric heating bills as all the warm air rushed to his ceiling, and he bought a 1BR with ceilings almost as high in the old PS8 (by St. Ann’s, and yes I *did* remind him about the feast; he was ok with it as the windows were to the interior courtyard).

  
  

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• 45. potatochip October 6th 2008 - 22:28:15 |

  you raise a good point. the only thing I would have done different now is I would have bought a condo where the bedroom is on the interior and the living room is facing the street.

  i think i mentioned in a previous post I must sleep with the A.C. on in the winter to block the street noise and trucks. poor move but who would have known…

  
  

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• 46. SFA October 6th 2008 - 22:40:54 |

  MidnightRacer wrote:

  Bottom line, sellers can price it at whatever they want and buyers will determine if it’s reasonable or not.

  Irrelevant what the owner/seller paid. I bought 11 years ago and paid almost nothing and pricing it at a 350% appreciation is actually below other properties without as much high end appliance, upgrades, details, and great location. If a buyer comes to me and low balls and cites that I paid this much and they’re willing to offer me this much and I’m gonna make a lot of money so I shouldn’t be greedy, I’ll tell them “Oh, but you haven’t seen my front yard yet. Go out the front of the building, walk 15 feet further and it’s in the street in front of the bus.”

  Bottom line is the poster documented a previous sale of the same unit at what most people consider the height of the bubble two years ago. It doesn’t get too much more relevant than that.

  
  

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• 47. htowner October 6th 2008 - 23:54:48 |

  Let’s get the guessing out of the way, I am an owner. I do not work on wall street. I am married, thus share the living space with another person (which is challenging at times but we have learned out to make it work). I live in a studio. It is 735 sq ft. Most true one bedrooms in hoboken are around the same size. (FYI… lived in the constitution and the one bedroom is 750 sq ft.) I face south and my utilities have NEVER gone higher than $125 and that was in the middle of summer. Otherwise my utilities have gone as low as $35. I love my apartment. I love the building. The staff is amazing. The gym is a tremendous value. The picture in the article shows the LOBBY, not the residents lounge. The Residents lounge has 8 televisions, a kitchen, a bar, a pool table, dart board and shuffle board. Gym, Residents Lounge, Concierge are all included in our maintenance fees. If you include location to the water and washington street, the value is there. I have looked how it compares to other “one bedrooms” and I am still happy with my choice.

  This is not to convince anyone what type of decision is right for them but to correct some of the incorrect statements in the articles and comments section.

  Thank you.

  
  

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• 48. jrsite October 7th 2008 - 00:06:32 |

  The fact that the OP showed a picture of the lobby just shows you that he/she really doesn’t know the building at all. Say what you want, the area is great, the amenities are probably the best in town (for now), however the studios do have a lot to be desired. It’s perfect for a single person with some great design /decor ideas

  
  

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• 49. nosferatu October 7th 2008 - 08:44:24 |

  Ruhobo, no offense taken.

  One more minor potential negative I’d say about Hudson Tea is there are so many renovations going on there right now, that you have to prepared for a higher-than-normal amount of construction noise (even though it’s 8am-5pm only), plumbing shut-offs, and dust.

  Btw, the building staff are some of the friendliest, accommodating, and most professional I’ve ever seen in a building like this.

  
  

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• 50. bunbury October 7th 2008 - 08:52:45 |

  I lived there for almost four years……if you are happy with your unit, great. Please don’t try to pretend that the utilities are low or that the construction is sound.
  The walls are paper thin, the elevators were rarely in service at the same time, and the utilities for a three bedroom during the winter were almost $600 a month (that is just PSE&G, kids) to keep the place livable, not 70 degrees or anything. The common area construction (playroom, lounge etc) have darkly stained plywood which mimics luxury.
  Dealing with shady Toll is just the icing on top of the cake. I would love to see Bob Toll live in one of his “luxury” apartments. Trying to cross the street to get to the garage is like a game of Frogger.
  The only good things about Hudson Tea are the concierge..Thomas et el are wonderful. Also, if you bought when the building converted to condos you may have saved the 7% realtor fee. Other than that, I can count on one hand the number of people I know that are ‘pleased’ with the building.

  While the article above is not factual on many accounts, there are enough disappointments in Hudson Tea to go around.
  Of course, I haven’t heard anyone rave about any of the “luxury” buildings in Hoboken so maybe Hudson Tea is best out of the pack.

  
  

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• 51. ron mexico2 October 7th 2008 - 15:51:29 |

  on a somewhat related note….check out Eli’s pad

  electronichouse.com/article/inside_eli_mannings_automated_condo

  
  

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• 52. potatochip October 8th 2008 - 23:09:54 |

  htowner wrote:

  Let’s get the guessing out of the way, I am an owner. I do not work on wall street. I am married, thus share the living space with another person (which is challenging at times but we have learned out to make it work). I live in a studio. It is 735 sq ft. Most true one bedrooms in hoboken are around the same size. (FYI… lived in the constitution and the one bedroom is 750 sq ft.) I face south and my utilities have NEVER gone higher than $125 and that was in the middle of summer. Otherwise my utilities have gone as low as $35. I love my apartment. I love the building. The staff is amazing. The gym is a tremendous value. The picture in the article shows the LOBBY, not the residents lounge. The Residents lounge has 8 televisions, a kitchen, a bar, a pool table, dart board and shuffle board. Gym, Residents Lounge, Concierge are all included in our maintenance fees. If you include location to the water and washington street, the value is there. I have looked how it compares to other “one bedrooms” and I am still happy with my choice.

  This is not to convince anyone what type of decision is right for them but to correct some of the incorrect statements in the articles and comments section.

  Thank you.

  Hey, as long as you are happy that is what matters in the end. Myself who has had to co-exist in my condo with my boyfriend (now husband) both agree having a several rooms in our unit is a godsend. If he wants to watch sports or the “ManShow”, he goes upstairs, if I want to watch my chesse ball escape from reality shows I go in our den downstairs.

  This is the one solid piece of advice we tell ALL our friends who are dating or ready to get married. Bottom Line!! “It’s much easier if you have that separate space”. We all need our space but god bless you. I suppose I am not the type to seek refuge in a public or shared space to go relax and I just need my own deck, my own garage, and as much peace as possible living here in Hoboken.

  I wish I could be more content with less… my life would be sooo much easier; bottom line is I’d go nuts. This chick needs her space.

  Anyways, considering the economy, I am just so happy that most of us who post on here have made it out, for now, and no matter where you live it’s your’s. You own it baby and be proud!!

  I was watching CNN last night because I could not sleep. It was 4am when I woke up and they said 66% of Americans really believe we are facing another Great Depression. It made me so sad but also brought my sorry ass back down to reality. We will all have to come off our high horses eventually.

  
  

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• 53. Katie_Scarlett October 9th 2008 - 08:40:30 |

  potato- Consider 50% of all Americans are below average intelligence, most have never taken economics or finance classes and then reconsider that 2/3 think we’re facing the great depression. Do not worry about the uneducated and uninformed think - what do you think?

  I think this is a cyclical downturn, perhaps beginning of a recession, and it will turn around in 12, 18 or 24 months. I refuse to believe we’re headed into a depression (as defined by a 10% drop of Real GDP).

  I hope I’m right.

  

  
  

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• 54. matt_72 October 9th 2008 - 08:56:42 |

  Katie_Scarlett wrote:

  potato- Consider 50% of all Americans are below average intelligence, most have never taken economics or finance classes and then reconsider that 2/3 think we’re facing the great depression. Do not worry about the uneducated and uninformed think - what do you think?

  I think this is a cyclical downturn, perhaps beginning of a recession, and it will turn around in 12, 18 or 24 months. I refuse to believe we’re headed into a depression (as defined by a 10% drop of Real GDP).

  I hope I’m right.

  

  Most of those tools don’t even know when the Great Depression was……lol

  
  

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• 55. kooky kat October 9th 2008 - 09:02:47 |

  Katie_Scarlett wrote:

  potato- Consider 50% of all Americans are below average intelligence, most have never taken economics or finance classes and then reconsider that 2/3 think we’re facing the great depression. Do not worry about the uneducated and uninformed think - what do you think?

  I think this is a cyclical downturn, perhaps beginning of a recession, and it will turn around in 12, 18 or 24 months. I refuse to believe we’re headed into a depression (as defined by a 10% drop of Real GDP).

  I hope I’m right.

  

  How about this, instead of saying that 50% of Americans who are uneducated are just plain d-u-m-b, maybe people are just dumb enough to believe what the media are FEEDING them. Some of us are just smart enough to know that not everything I see on the TV News is always true.

  
  

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• 56. Katie_Scarlett October 9th 2008 - 09:17:34 |

  kooky- 50% of Americans are below average intelligence is a joke - b/c average = 50 percentile therefore, by definition, 50% of people are at or below average intelligence and 50% of people are at or above average intelligence.

  I read somewhere (I think a Howard Zinn book) that one of our esteemed ex-presidents was shocked to learn half the country was below average intelligence. It struck me funny and I use that expression whenever it fits now.

  
  

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• 57. Katie_Scarlett October 9th 2008 - 14:35:15 |

  emac.blogs.foxbusiness.com/2008/10/...-not-headed-for-a-great-depression/

  
  

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• 58. Red Haven October 9th 2008 - 15:31:50 |

  According to the original floor plans still on the Toll Brothers website, this unit is a studio complete with a “Sleeping Alcove”

  Check it out. The wall is original construction, not an owner conversion:

  http://www.hudsontea.com/floorplans/BldgB-TypCondoPlansG.html

  It’s a cute little unit for a first-time buyer, but not for the price, and not in this market.

  
  

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