Archive for January, 2007

In Hoboken, high hopes are slow-mo

Tuesday, January 30th, 2007

Wednesday, January 17, 2007

Hoboken’s Monroe Center, on the 700 block of Monroe Street, is finally getting off the ground, albeit much slower than most officials expected.

The site’s first visible commercial ground-floor tenant - the restaurant Shades of Hoboken - opened its doors shortly before the new year, marking the first upscale eating establishment to set up shop on the city’s west side.

Besides a $75 Kobe beef steak, the restaurant boasts free parking in the rear and live music seven days a week, says head chef Larry Kemet.

But like all restaurants, Shades of Hoboken needs a successful first year and it does not appear to be getting help from the developments in the area, including the Monroe Center.

I attended a groundbreaking last May for the proposed 435 condos, but the dream of a mixed-use centerpiece for the neighborhood has yet to really move forward since Mayor David Roberts and others flipped ceremonial dirt.

“It’s pre-construction certainly, but we are moving ahead, determined to produce a superior product in that neighborhood,” said Michael Turner, spokesman for Monroe Center Development.

Nearby, the 128-unit Velocity is also moving slower than expected, dragged down by the repeated breaking of windows at the construction site.

The good news, said Kemet, is business has been good at nights, especially on the weekends.

“We are getting a lot of neighborhood people and the band is bringing people in,” said Kemet. “When I went up to Washington Street to eat, I never picked a place. I would just eat where I could park, so it’s a plus we have free parking available.”

Rumors are swirling that entertainment behemoths Disney and Viacom are considering leasing office space in Jersey City after New York City rents soared.

These billion-dollar entertainment companies would be a welcome addition to the city’s office market, providing job diversity to a market that’s flooded with companies from the financial sector, not too mention a little corporate prestige. .

New York City officials recently made some changes to their “421A” tax abatement program that officials on this side of the river should take a hard look at.

Recognizing there’s little need to spark development on some of the most lucrative land in the city, Big Apple politicos are now requiring developers to include a large percentage of affordable housing in order to receive the tax carrot, while continuing the more liberal abatement program in areas of the city that still need a push.

If this sounds familiar, it should.

New York City tax abatements are typically offered for five years and the recipient pays little taxes on the property.

Meanwhile, in Jersey City, tax abatements are issued for 20 to 30 years. The recipient pays substantially more in “payments in lieu of taxes” and the city’s cut is substantially more than it would be under traditional taxes, which must be divvied up with schools and the county.

Oh heavens! Protestors don’t want nine-story condo/school building on historic church property

Thursday, January 11th, 2007

Residents and local conservationists gathered at Sixth Street and Willow Avenue last week to hold a candlelight vigil outside Hoboken’s Church of the Holy Innocents, hoping to draw attention to a nine-story project proposed for part of the historic site.

If approved by the Zoning Board, the project would consist of a 50-unit residential and school complex in the area surrounding the church.

The church itself would be untouched, but the nine-story building would replace the 118-year-old rectory, where the priest lives.

According Rev. Geoffrey Curtiss, rector of the All Saints Episcopal Parish, which owns the property, the goal of the development is for the parish to better serve the community and the Episcopal Diocese of Newark.

He said that just as the All Saints Episcopal Day School and Trinity Church at Seventh and Washington streets has been serving school children and doing outreach to the housing projects, the Holy Innocents parish can do similar things.

Curtiss also stressed that the development plans were not final and that the parish was open to suggestions from members of Hoboken’s Historic Preservation Committee. They are scheduled to appear before the committee on Feb. 13.

They will present the project to the members of the Zoning Board on Feb. 20.

History and new development

Holy Innocents was completed in 1874 and added to the New Jersey State and National Registers of Historic Places in 1977 for its architectural and structural significance.

For many Hoboken residents, the church is known for the Christmas trees that are sold off the property every December.

The construction of the proposed complex will require the demolition of the 118-year-old rectory, unless someone is willing buy the property for only $1 and remove it from the site.

The current plans include the future school being located on the first three floors of the building and accommodating 190 students. The parish is currently considering whether to house Pre-K through fourth grade or kindergarten through eighth grade.

The plan will also include offering a pre-school program to working families in the area.

Current estimates for developing the site range between $24 and $26 million, according to Curtiss. He said that another developer would build the site, but the parish has already come up with a design.

If the Zoning Board approves the plan in February, construction on the site likely would begin within a year and is estimated to take between two and a half to three years to complete.

Additional parking

Except for some restoration efforts, the church will remain untouched, and the parish intends to keep the Parish Hall intact.

According to Curtiss, additional parking will be provided at another site in the city, although the exact location has not yet been determined. Previous plans of including parking on the site were rejected by the zoning officer, who did not want a parking garage on the site’s street level, said Curtiss.

The candlelight vigil

The candlelight vigil held last Thursday, Dec. 28, brought senior Hoboken natives together with Jersey City youths who hoped to alter the parish’s current plans for the site.

Many of the local residents present argued that the additional 50 units would add further stress to the district’s infrastructure, which they claimed is already plagued by floods and septic system problems due to overpopulation.

“The infrastructure can’t handle another building,” said Hoboken native Jim English, who lives a block away on Willow Terrace. “Developers should be obligated to pay for improvements to the infrastructure.”

Another Hoboken native who wished to remain anonymous echoed English’s sentiments, saying, “We don’t want to see another tower go up in Hoboken. What’s gone on in the city in the past 20 years is good for the city, but now it’s too much. It’s been overdone.”

Along with the residents, representatives from local organizations such as Hoboken’s People for Open Government, Jersey City’s Landmark Conservancy, and the conservationist youth group called SAVE, which stands for Sustaining Architectural Vitality in the Environment, based out of Jersey City’s McNair Academic High School, also attended the vigil.

“How many more condominiums does the city need?” said 16-year-old Janita Sawh of SAVE.

Not everyone at the vigil was opposed to the idea of developing the area. Some suggested alternatives for the parish to consider, rather than the market-rate condominiums currently being proposed.

“I understand money drives everything, but there’s got to be something better,” said Peggy Fallon, who lives on the same block as the church at Five Church Towers. “We should be thinking about those who have less and have some sort of spiritual awareness about the project.”

She suggested constructing an affordable, assisted living housing facility for seniors.

Michael Mullins can be reached at mmullins@hudsonreporter.com.

Church came from a typhoid case

Construction on the gothic, shingle-style Church of the Holy Innocents began on Aug. 11, 1872, two years after 7-year-old Julia Stevens, the daughter of Edwin Stevens who founded Stevens Institute of Technology, died of typhoid during a trip to Rome.

The church received its name from the day of Julia Stevens’ burial, which was on Holy Innocents Day.

The church was financed in large part by Martha Bayard, Stevens’ wife, who hired the renowned architect Edward Tuckerman Potter to design the church. Potter used as a model for Holy Innocents the famous Roslyn Chapel near Edinburgh, Scotland.

The church was purposely situated near Hoboken’s then tenement house section in order to service the city’s poor.

Due to the declining condition of the building, Holy Innocents stopped holding regular services in 1984. During the last 22 years, the church has been used once a year for a worship service and occasionally for other events of the parish’s ministry.

Curtiss said that if development is approved, the future site would serve the community by providing space for public events in a multifunctional community room, and possibly a children’s theater.

“How many more condominiums does the city need?” - Janita Sawh

Price cuts help couple realize dreams

Wednesday, January 10th, 2007

Sunday, January 7, 2007

By MARY AMOROSO
SPECIAL TO THE RECORD

Mark and Teri King had been looking for a house in North Jersey for almost two years.

“It was a long two years,” said Teri King. “I had to take a break from house hunting somewhere in there. I thought I was having a nervous breakdown.”

Their story — which has a happy ending — is good news for all those home buyers who have despaired of finding anything in their price range because they have been continually outbid by other fevered buyers. It turns out that the cooling-off real estate market could help make some home buyers’ dreams come true.

Both husband and wife work in college bookstores. They lived with family in Hoboken. Teri King had been working at the bookstore at Seton Hall University. Then she got a promotion to run the Ramapo College bookstore all the way up in Mahwah.

“I was coming up Route 17,” she said. “And the traffic was killing me.”

The Kings started by browsing online. Then a family friend who was a part-time real estate agent showed them some houses. But it quickly became apparent that they needed an agent who could devote large chunks of time to house hunting. Enter Betty Nugnes.

“We would look at three or four houses at a time,” said Nugnes, who works for Coldwell Banker in Rutherford. “I think we had exceeded over 100-and-something homes. I know Elmwood Park like the back of my hand. I think we went to every block humanly possible there.”

The Kings’ price limit was $350,000, and they had no illusions. They were looking for a fixer-upper, because Teri’s father and husband can do rehabbing.

“Anytime we did find something in our price range, we were being outbid by the contractors who were coming in and putting up little ‘McMansions,’ ” she said. “We had to find a situation where the people wanted to sell and were negotiable on price. I kept saying back then I wish we had an extra $10,000 to $20,000 so we could compete.”

Teri King wanted to shave some time off her commute, and be near family in South Bergen. So they looked at homes in Hackensack, Maywood, Rochelle Park, Hasbrouck Heights, Rutherford and East Rutherford, and ventured up to Hillsdale, Wayne, Mahwah and West Milford.

“Betty was a trouper,” said King.

“But every time Teri found something in their price range, she would be outbid by $5,000 to $10,000 because contractors were paying that kind of money,” Nugnes said.

And then, in the last four to six months, prices started coming down. King saw a home online in Wood-Ridge and called Nugnes.

“This house was originally listed at $429,000, then $409,000 and then $399,000,” said Nugnes.

It was a three-bedroom, two-bath home with hardwood floors under the carpeting. The basement has a dirt floor and the kitchen needs to be redone completely. But all in all, said King, it was in a lot better shape than many fix-uppers they’d seen.

And, with the fix-up-and-flip contractors having largely evaporated, the Kings were able to bid successfully in their price range. They’ll rehab the house before they move in.

“My father is going to help us upgrade the kitchen, which isn’t functional now,” said King. “I’m really big on entertaining, and I want to make sure the kitchen works. We’ll put in a brand-new basement, which will be a playroom for my husband.

“The bathroom upstairs needs to be updated, but I can live with that.”

King figures living in Wood-Ridge will reduce her 90-minute commute by 30 or 40 minutes. She’s excited about being able to pull her car into her own driveway, rather than hunt for a parking spot on the streets of Hoboken.

And Nugnes is happy that her long association with the Kings will end with a sale.

“My manager says, ‘You don’t let your people go.’ I said, ‘No, I don’t.’ I believe there is a home for everyone.”

Her advice to frustrated house-hunters? “Keep looking,” said Nugnes. “The market is becoming favorable for first-time home buyers.”