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June 2007

Hoboken Real Estate Story

30

June


Truth, fiction, or a glorified advertisement?

A 411 reader sent this link from tomorrow’s NY Times Real Estate section about a couple in search for the “Perfect Fit”, and how they landed in Hoboken. Now don’t get me wrong, I love Hoboken and don’t plan on leaving anytime soon, however, I just felt a little funny about some things I read in this article.

See some of my observations in bold below:

Falling in Love With Hoboken*s Prices

hoboken-real-estate-true-or-false-nyt-06302007-1.jpg

By JOYCE COHEN
Published: July 1, 2007

UNTIL their marriage last fall, Elana and James Nanscawen weren’t fussy about their living situation. Their one-bedroom rental in the financial district was perfectly adequate, if small.

“We planned so that the wedding was our focus, and we got that financial piece of it out of the way,” Mr. Nanscawen said. The same held for their honeymoon in Mexico. By spring, though, they were growing impatient to buy a bigger place where it would not be so inordinately difficult to do everything — cooking, entertaining, doing the laundry to her liking and keeping the place tidy enough for his.

When the two met three years ago, Elana Sebring, now 25, was sharing a three-bedroom rental in East Midtown with three friends from Marist College in Poughkeepsie, where she had studied fashion. The group paid about $2,400 a month.

Mr. Nanscawen, 34, an Australian, was living in a studio in Bensonhurst, Brooklyn, for $800 a month. After he graduated from the University of Tasmania in Hobart, he headed for Kalamazoo, Mich., where his mother is from. He is now an information technology manager for the Thomson Corporation in the financial district.

They were introduced by mutual friends who invited them sailing. Only Mr. Nanscawen knew he was being set up. “On this sailing trip, I met my husband and my future,” Mrs. Nanscawen said.

Tired of the long commute from Bensonhurst, Mr. Nanscawen moved to Liberty Tower on Liberty Street, the neo-Gothic office building that was converted to a co-op in 1980. He rented a one-bedroom there for $1,750, which later rose to $1,950. His bride-to-be joined him.

They enjoyed the building — especially the doormen — but over time, little things loomed large. The neighborhood shut down early, and few of their friends visited. Construction noise was everywhere.

- Exactly how to you “enjoy” a doorman? Can someone please explain?

Worst of all, “It became agitating because there was no space in the apartment to put anything,” Mrs. Nanscawen said. Their wedding gifts sat at her mother’s house in Stroudsburg, Pa. Their two closets overflowed. Only once did the couple have a dinner party, inviting four guests for risotto. Everyone squeezed around a card table that doubled as the kitchen counter. “Never again,” said Mrs. Nanscawen, an accomplished cook.

She often ripped out magazine recipes, “and James was mad because there was no place to put them,” she said. “When I put something away in our tiny little apartment, I would end up forgetting about it, so I would leave the clippings out to remind me I wanted to make the recipes. We would have weekends where we would power-clean and find recipes everywhere.”

- I personally know no one that gets “mad” about recipes or “power-cleans” on the weekends.

She longed to do the laundry herself, too. Their building wasn’t even near a coin laundry, so they spent at least $20 every week for pickup and drop-off service.

- Was that in her eHarmony personal ad? “I’m longing for romantic candle lit nights with fine wine and gentle spin cycles”

“Being in fashion, I care about my clothes,” said Mrs. Nanscawen, who works for Cockpit USA, which makes military- and Americana-inspired clothing.

- Remember, only people in “fashion” have clothes nice enough to actually care about.

“Tank tops would turn into tube tops,” she said. “We had a lot of stuff shrunken or ruined, texture-wise.”

- Correct. Because the wash-n-fold industry is out to get all fashionable people.

They began their hunt with a budget of $550,000 to $700,000 for a two-bedroom apartment, an amount that was low for Manhattan. “We had some married friends hunting at the same time, and they would come back to us with the same numbers we were finding,” Mrs. Nanscawen said. So they asked themselves, “Do we want to fall in love with an apartment and find out it costs a million dollars, or look at things we can afford and then fall in love?”

- Hmm. I wonder if their real estate approach also works for actual relationships?

A good friend who lived in Hoboken, N.J., had no trouble persuading them to look there. “Take the same amount of money, and it is night and day in terms of amenities you get,” Mr. Nanscawen said. Hoboken seemed to fit their personalities, too. “You walk up and down Washington Street and it’s all strollers, a fun atmosphere,” Mrs. Nanscawen said.

- Yep. You just got a sneak preview of the 2008 Hoboken tourism guide. “Washington Street - All Strollers” is the #1 amenity in Hoboken.

A listing for a duplex condominium on Madison Street led them to Katherine Petsinis, an agent at Liberty Realty Hoboken. They found the layout awkward, but Ms. Petsinis began culling listings for them. “They wanted something luxury but not too luxury, somewhere in the middle,” she said.

Most places they saw were perfectly fine, but “it just wasn’t something where you felt it was definitely it,” Mrs. Nanscawen said. “It was always a little, little issue that we didn’t want to settle on.”

- Yep, it always came down to where to put those pesky recipes. DAMNIT.

For example, they loved the apartments at 1100 Adams Street, part of the Upper Grand development, but thought they were too far from the heart of Hoboken.

- You can tell where the heart of Hoboken is by the double-parked cars (that’s the “cholesterol” of the arteries)

The Nanscawens liked another Madison Street apartment with a large kitchen. But it was a third-floor walk-up, and they worried about access for their parents.

“We were trying to talk each other into it,” Mr. Nanscawen said. “We were saying, ‘Can we handle it? The stairs are carpeted, maybe it’s not so bad, it’s only a gradual slope.’ ” But they immediately reconsidered. “What are we doing?” he said. “This is our first home and we are committing to it, so we want to make absolutely sure that this is absolutely the place, no doubt.”

- Aww, that is sweet. For the handful of times their parents visited, they gave up a fabulous kitchen that was perfect for their dinner parties.

Ms. Petsinis contacted them as soon as a two-bedroom, two-bathroom condominium in their price range became available in Adams Square. The 1870 building, formerly Public School 3, the Daniel S. Kealey School, was converted to rentals in 1996 and is now being converted to condominiums.

Inside, they found 12-foot ceilings, an open layout, a dishwasher, lots of light and overhead storage. The second bedroom could function as a combination guest room, home office and future nursery. “I looked at James and gave him the eyebrows-up this-is-it look,” Mrs. Nanscawen said.

- This is where I’m a little confused. Is this a real story or an advertisement for Adams Square? Regardless, the “dishwasher” would also convince me to buy a condo too.

The price was $615,000, with common charges of about $350 a month, and taxes of $7,600 a year.

To keep themselves from acting impulsively, the Nanscawens had not brought a checkbook. Now they feared someone else would like the place as much as they did. So they grabbed the PATH train home and returned the same afternoon, check in hand.

- Yes, because the lines to buy condos in Hoboken are a mile long. Take a look at that auction at Velocity last week!

In the month since their move, Mrs. Nanscawen has been organizing her recipes in a binder and planning the menu for a dinner party for 12. She bought a color-coded set of laundry bags on a rolling rack. “It is awesome” to do laundry in the building’s laundry room, she said. “We let everything accumulate because we were so busy. I did five loads at once. I was happy as could be.”

- Holy Holly Homemaker! The eagle has landed! Utopia on earth! Joy to the World! Ebony and Ivory! Recipes and Laundry! Whoo Hooo! (I almost passed out from the excitement)

When their new furniture was delivered, the delivery man told them he had gone to school there. “He said, ‘I’ve lived here in Hoboken my whole life, and I was really excited to see they did something good with this place,’ ” Mr. Nanscawen said.

E-mail: thehunt@nytimes.com

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  • iPhone Mania

    29

    June


    6:42pm Update:

    411 reader Alex had this to say, and submitted some pix as well.

    “Hey man,

    Here’s some photo’s from Hoboken iPhone mania - long line!

    This lady was the second person to come out of the store – with two. Her husband was inside when she walked out I guess, but the reporter asked her how she got two of them, and that’s what she said. She is seen here talking with one of the jersey journal guys.

    Enjoy.

    -Alex”

    Starving kids everywhere, and I write about iPhones. I’m going to hell.

    apple-iphone-mania-june-29-2007-hoboken.JPG
    woman-gets-two-iphones-in-hoboken-june-29-2007.JPG

    5:58pm:
    Downtown on Washington Street between First and Second at the AT&T store, there’s apparently a LONG line of people dying to get their iPhones. Police are aware of this and are “keeping an eye out”.

    To put things in perspective, here’s some observations The Onion had about the new Apple iPhone.
    hoboken-apple-iphone.jpg

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  • Another drunk “laying down”

    29

    June


    A different drunk was reported laying down on the sidewalk around 93 Adams Street.

    What happened, did the AA “Summer picnic” bus breakdown nearby?

    ,
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  • “Guy Going Wild”

    29

    June


    hoboken-lunatic.jpg1st Street near Madison. Several calls of a “man going nuts” on the street. Possible 10-29 (intoxicated person). Male in his 50’s, blue jeans and black hat and also has a black mountain bike.

    I bet it was just a normal person who, despite it being a “shore weekend”, ended up parking 12 blocks from his house after a ball-breaking day at work.

    He got home to realize that his dog crapped all over the place, then ate his only copy of the thesis he just finished after three months of hard work. He then opened his mail to realize that his rent was increasing 25% for the second time this year.

    Wanted to drown his miseries in alcohol, he went to the ATM to withdraw some cash and discovered that someone stole his identity and he had no money left. With the $5 he had left in his pocket, he went to the local bar only to find out that they raised the prices to $6, and he was totally out of luck.

    He went bezerk.

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  • False Alarm 518 Washington

    29

    June


    Fire alarms activated 518 Washington Street. “Smoke”, 2nd floor. It seems as if workers sanding inside set off the system.

    I suppose the varnish guys should have be the ones to respond!

    518-washington-street-hoboken.jpg

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  • Reader Mail: Multiple Gripes

    29

    June


    This regular 411 reader has to get some stuff off their chest. From useless fuel consumption to obnoxious motorcycle riders.

    At least the weather will be nice this weekend!

    “Hey Hoboken411, some gripes:

    1. hoboken-cabs-empty.jpgI’m sitting studying near my window where I can see every car driving down Newark. I’m amazed at the abundant amount of Indian Way taxi cabs - empty taxi cabs - have driven by. It’s non-stop. I feel like they’re all driving to the mother ship for some convention. It’s like a mass exodus down Newark. It’s not only creating congestion but environmentally how many of these cars driving around non-stop all day looking for fares are contributing to air pollution. On top of which noise pollution? 99% of the time, they are the cars that always honk their horn when the car in front of them stops or slows down at an intersection. Does anyone know how many taxi medallions the city has?
      We just don’t need this many taxis idling driving around the city.
    2. On a second note, is there a noise ordinance law? I cannot fathom why motorcycles are allowed to rev their “hogs” and make that ear-splitting noise. And the worst thing is, it’s not necessary - they do it just because! How many car alarms go off as a result? How many people have to put their hands over their ears when they drive by? Is there no enforcement on noise pollution in this city? Why are they allowed to make an incredible amount of racket when revving is not partial to the functioning of driving a motorcycle. It’s completely for effect. And this is allowed because?”

    loud-harley-in-hoboken.jpg

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  • What’s up with this moose?

    29

    June


    Has anyone seen this provocative sign?

    I’ve heard several people comment on the Emack & Bolio mascot (at Mola Coffee), and some individuals find it a tad disturbing!

    See for yourself. What you have is a dolled up female scoop of ice cream sitting on the face of an ecstatic and happy male ice cream scoop, who’s being ogled by a giddy moose licking his lips drooling that he’s about to eat her. The ice cream cone itself is essentially one big phallic symbol. And this is supposed to entice kids in to eat ice cream?

    Shouldn’t this sign be in front of Romantic Depot or something?

    Can anyone guess what the ice cream flavors might be named? I’ll leave it up to you.

    porno-moose-hoboken-emack-bolio-mola-coffee.jpg

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  • Reader Mail: Parking Nightmare

    29

    June


    Oh boy. We’ve all heard about this “saving a parking spot” bullshit that happens from time to time.

    I know it sucks, you have a better chance of winning a council election than getting a space in Hoboken. I guess that’s why they’re willing to get run over to save a space for their friend “Gus”. My friends barely give me the correct answer when I ask “what time is it?”, let alone wait 20 minutes in the stifling heat. I guess he was bringing the beer.

    The reader wrote:

    “Hey, while I was driving around for half an hour one night, the owner of this little gem had his buddies block a parking spot, refusing to give it up for the 20 minutes or so they stood in the spot. Please allow everyone to know if they see this car, they need not help the gentleman who is driving, as he has plenty of help from his friends.”

    hoboken-car-block.jpg

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  • Where is this? Round 9

    29

    June


    Had a few random pictures collecting dust again.

    Can you figure out where these five photos were taken in Hoboken?

    See the rest of the pix after the break.

    Picture 1: Where is this box?
    where-is-this-box.JPG

    [Click to continue reading the rest….]

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  • Reader Mail: crazy cab driver

    29

    June


    Received this email yesterday morning from a reader who was awoken by a nutty incident at 2nd and Bloomfield. Didn’t have a chance to post it yesterday:

    “I live at the corner of 2nd and Bloomfield. This morning at 4am I was awoken to the sound of a women screaming, in her mid twenties. I woke up and looked out the window and saw her in the middle of the intersection being pulled by her hair by a cab driver. It appeared that she got hit by the cab or something and he was trying to drag her out of the way. In a matter of a few seconds another gentleman walked up and started to confront the cabbie. The cabbie stopped and started to argue with this guy. He then got back in his car and started to drive off, the good samaritan reached into the window and tried to stop him but it was too late. He drove off. “

    In prehistoric Hoboken, that dinosaur was the cab, this is what it would have looked like:

    crazy-cabbie-caveman-dragging-woman-by-hair-in-hoboken.jpg

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