Submitted by Top_Ad5385 t3_122l1ps in newjersey
Nyne9 t1_jds7pma wrote
Condos are coming though. Enjoy it while it lasts. Up to Netherwood station already and downtown area gonna be next.
Top_Ad5385 OP t1_jdsecy7 wrote
Wait what are the condos gonna do
DifferentPost7338 t1_jdsx9b9 wrote
Help make the downtown more thriving by giving more clients for restaurants and shops. Some ppl are just haters
Nyne9 t1_jdsxgf0 wrote
A) Make things look like ugly generic condos (See Garwood as an example) B) Drive up prices C) Drive out Hispanic population D) Gentrification
It'll be generic shit all over or just more condos and then more condos.
healthierlurker t1_jdt1gvd wrote
Garwood is almost entirely single family homes. They just built new apartments but that’s like one spot.
Nyne9 t1_jdtdmux wrote
It's everywhere by the train station now and spilling further.
healthierlurker t1_jdthamz wrote
That’s like two parts of South Ave. Most of Garwood is in the suburban areas on either side of South and north ave. It’s a blip. And largely a good thing unless you’re a NIMBY which is just selfish and dumb. But yeah, the vast majority of Garwood isn’t even in the same area as those developments and is all single family homes or some multi families.
encouragingSN t1_jdtxqdz wrote
This is correct
Kiowa_Jones t1_jdv2yqp wrote
That’s a big "it depends". In some towns there are so many condos/apt. buildings going up that the locals who are the backbone staff for many local businesses are being forced out of town as they can no longer afford a place in town due to the rising rents.
These same apartment buildings get huge tax breaks and incentives which can’t make up for the undue stress the extra population puts onto the municipal services, and educational services of the town. So… raise taxes on everybody in town.
Back to affordability, those apartment rental rates I mentioned; I can think of one building Where the rates were reasonable, say $1,500 or below for a one bedroom, the new building is $4,000 and above. I was in a local the other day and happened to strike up a conversation with the guy next to me, turns out he had just moved into one of these new buildings, he was the type of guy who almost immediately finds a way to let you know just who he is and what he does… turns out he’s shelling out $6K a month for a two bedroom, enjoy that buddy.
Meanwhile the people who used to be able to live in the previous building had to move, can’t find another place in town they can afford so they end up moving out of town and have to shell out transportation fees to get to work because they can’t afford to buy a car which they never needed nor wanted before.
they are big, ugly, new buildings which don’t fit into the landscape and stick out like sore thumbs.
But… that’s the story, it happens again and again, it happens here and there, it’s been going on for years, while it slowed for awhile, it’s picking up speed again.
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