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@Indiecom2

Long-Time Hoboken Resident; Rent Control and Housing Advocate; Sanders supporter, Medicare4All

Hoboken NJ เข้าร่วม Haziran 2018
507 กำลังติดตาม305 ผู้ติดตาม
Indiecom
Indiecom@Indiecom2·
@zsbradt @LinkofSunshine @BetterBlocksNJ @NickZurawski geeze - not trying to stop 150 affordable apartments but upzoning for 850 "luxury" apartments increases housing costs, it doesn't increase affordability outside of (possibly) a tinny tiny drop in the immediate surrounding vicinity while increasing housing costs elsewhere in J.C.
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Better Blocks New Jersey
Better Blocks New Jersey@BetterBlocksNJ·
Nobody does a better job putting numbers in context than Nick Zurawski. Shaving 12 stories off a high rise as a “compromise” to appease rich condo owners next door means millions less in tax revenue for the city and 100 fewer people get off the affordable housing waiting list.
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Indiecom
Indiecom@Indiecom2·
@eaconner ha-ha - 'Obsessed with resenting the rich'? Nah, I’m just obsessed with noticing that your build-build-build fever dream is a 1,000-unit fantasy where 85% of units are out of reach for anyone not already rich. But hey, ignore the poor!
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Eric Allen Conner
Eric Allen Conner@eaconner·
TFW you are more obsessed with resenting the rich than you are with helping the poor.
Indiecom@Indiecom2

@LinkofSunshine @BetterBlocksNJ @NickZurawski The problem is the 850 that no one but the extraordinarily affluent can afford. Now if you want to change the balance to 850 affordable, 150 overpriced so-called luxury, maybe this would make some kind of nominal sense

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Indiecom
Indiecom@Indiecom2·
@youtwitface @NickZurawski 1) Ah yes, the classic “land costs don’t matter” take, straight out of the economic fairy tale playbook. Yes, unit prices are influenced by the broader market, but the moment you upzone, the land itself is now a luxury product.
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Kam Fong as Chin Ho
Kam Fong as Chin Ho@youtwitface·
Dude, I'm not following your argument at all. Yes, I agree.....upzoning land from (let's say) a surface level parking lot to a 50 story resi building will substantially increase the value of the land And yes, I agree....that if the upzone was reduced to only 5 stories, it would reduce the value of the land. But by reducing the value of the land doesn't necessarily reduce unit pricing. Unit pricing will be determined by the surrounding resi market.....not on the cost of the land.
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Nick Zurawski
Nick Zurawski@NickZurawski·
How can upzoning increase prices for 850 units that don’t exist without the upzoning?
Indiecom@Indiecom2

@BetterBlocksNJ @NickZurawski 1,000-unit bldg w/ 15% affordable = 850 expensive. Calling it a solution misleads. To be clear: the city may be progressive, YIMBY ideology isn’t, it prioritizes market expansion over affordability. Upzoning increases land value & pushes prices UP on the 850 units, not down.

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Indiecom
Indiecom@Indiecom2·
@eaconner @NickZurawski Clever, cities print money by upzoning. Crazy no one's tried it. Actual result: land values spike, acquisition costs explode, developers chase higher return, prices go up. So yeah “infinite money glitch” if you mean inflate land values/wonder why everything on it is expensive
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Eric Allen Conner
Eric Allen Conner@eaconner·
@Indiecom2 @NickZurawski Seems like you just found an infinite money glitch for cities and we should build as much as possible to capture all that tax revenue.
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Indiecom
Indiecom@Indiecom2·
the YIMBYs are goin' nuts....they don't like it when the mask gets pulled off. #Overdevelopment
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Indiecom
Indiecom@Indiecom2·
@Stuart_Allan @BetterBlocksNJ @NickZurawski minimal....ha-ha! need for more cops/fire, more strain on the aging infrastructure, demands for things like 330MM on the residents' dime for new luxury schools due to increased population (they tried this in Hoboke)
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Stuart Allan
Stuart Allan@Stuart_Allan·
@Indiecom2 @BetterBlocksNJ @NickZurawski Right, but one of the biggest expense drivers in NJ is taxes (passed through in rent to renters). Upzoning, especially to Condos, greatly expands tax base with minimal resource/city service uses.
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Indiecom
Indiecom@Indiecom2·
@goatpurple1 @BetterBlocksNJ @NickZurawski 1) wrong (see previous response) 2) you forgot an adjective - 850 affluent only ppl 3) & they also COST the city $$$$$ 4) if they are not affluent, they w/b house poo & won't be buying anything 5) not at all. 6) more overcrowded
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goat_purple
goat_purple@goatpurple1·
@Indiecom2 @BetterBlocksNJ @NickZurawski It part of solution 850 units are market bring down rents 850 more people get to enjoy NYC area 1000 more units pay prop tax to city 1500 more people paying sales tax More business for local business Less sprawl Demanding "affordable" makes higher rents
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Indiecom
Indiecom@Indiecom2·
@LinkofSunshine @BetterBlocksNJ @NickZurawski The problem is the 850 that no one but the extraordinarily affluent can afford. Now if you want to change the balance to 850 affordable, 150 overpriced so-called luxury, maybe this would make some kind of nominal sense
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Indiecom
Indiecom@Indiecom2·
@NickZurawski 3) Those 850 units don’t arrive as affordable-by-default supply - they arrive as high-cost units baked in by higher land values. In other words: Upzoning doesn’t just create units. It sets a higher price floor for everything built on that land. That’s the detail you’re missing.
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Indiecom
Indiecom@Indiecom2·
@NickZurawski 2) Allowing more density increases the income potential of the land. The higher potential gets capitalized into land prices immediately. Developers get higher acquisition costs so they must build more expensive units to make projects work.
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Indiecom
Indiecom@Indiecom2·
@presinzano4hob1 The last 2 administrations (Zimmer & Bhalla) have completely destroyed that park. This is just the latest example of not leaving well enough alone.
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Paul Presinzano 1st Ward City Councilman
Paul Presinzano 1st Ward City Councilman@presinzano4hob1·
Day803: The City responded to my request to move the Duck to a usable space. Summarized: it has been retired & put behind a fence because it’s doesn’t meet playground safety & fall standards of today. What are your thoughts? Stay Sharp #Hoboken
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Indiecom
Indiecom@Indiecom2·
@HeinisHardNews When ppl run for office, they want to win so they, of course, hop immediately into bed w/the (new) machine in order to achieve the goal. It would be an intriguing candidate that said 'no thanks.'
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Indiecom
Indiecom@Indiecom2·
@presinzano4hob1 Machines gonna machine. Meet the new boss - same as the old boss.
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Paul Presinzano 1st Ward City Councilman
Paul Presinzano 1st Ward City Councilman@presinzano4hob1·
Day802: Hudson County Democratic Machine must encourage anyone to run, not hand pick. When it couldn’t fill its 2026 June primary slate, it welcomed the opposition, ensuring politics as usual. Who is left to break the machine? Congrats to the winners. Stay Sharp #Hoboken
Hudson County View@HudsonCoView

D-9 will be only #HudsonCounty commissioner race contested in the June 2 primary hudsoncountyview.com/d-9-will-be-on…

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Paul Presinzano 1st Ward City Councilman
Paul Presinzano 1st Ward City Councilman@presinzano4hob1·
I’ll keep asking questions &sounding the alarm, too often people don’t get the facts until it’s too late. This job isn’t a resume builder for me. I live here, I’m raising my family here, and I want to take #Hoboken to the next level w/accountability & smart decisions & my colleagues.
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Paul Presinzano 1st Ward City Councilman
Paul Presinzano 1st Ward City Councilman@presinzano4hob1·
Day798:The Council passes laws and approves the budget. The Mayor and her team execute it. We may not agree on every approach, but we share one goal: what’s best for Hoboken. Let’s come together, listen to all sides, and move forward responsibly. Stay Sharp #Hoboken
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City of Hoboken
City of Hoboken@CityofHoboken·
Take the #Hoboken Budget Survey ✅📋 --> arcg.is/nKGiO0 Your voice matters in Hoboken’s budget. The choices we make today will shape our city’s future, and your feedback will help guide how your tax dollars are spent.
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Indiecom
Indiecom@Indiecom2·
@UnumVerum_ @CityofHoboken Decent points, but it's as if the intent is let a (hyper-gentrified) community decide what to cut/where to spend. In a community overly skewed towards 'haves' that'd leave the underserved, underserved. We elected the mayor, she can review/apply her own moral center to the data.
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City of Hoboken
City of Hoboken@CityofHoboken·
Good Morning, #Hoboken! Have you taken the Budget Survey yet? ➡️ arcg.is/nKGiO0 It closes on Sunday, March 22, at 11:59 p.m. So make sure you take it before then!
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ค้นพบ

@zsbradt @LinkofSunshine @BetterBlocksNJ @NickZurawski @eaconner @NathanRous2 @goatpurple1 @youtwitface