This is going to be crazy when it's done being built!

[Night201]

Like there isn't enough traffic here to begin with...

This is nothing new to the people in Northern NJ, but I thought I'd share it with the out of state people.

Xanadu

 

[sleuth bandit]

This isn't a very compelling reason for me to step foot in jersey again.

 

[Anubis]

that looks gay

 

[isekii]

when is it being finished ?
where in the meadowlands ?

 

[FleshLight]

Holy crap that looks awesome!

 

[Mik3y]

cool

 

[GoingUp]

ugly

 

[Night201]

Supposed to be done in Late 2007...probably before Windows Vista goes gold

 

[PlatinumGold]

like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

 

[Night201]

Originally posted by: PlatinumGold
like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

Bergen County in NJ is not the 2nd richest county in the country for nothing! There is tons of money here to be spent somewhere like this.

I agree with what you say though. Real Estate is crazy!

 

[PlatinumGold]

Originally posted by: Night201

Originally posted by: PlatinumGold
like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

Bergen County in NJ is not the 2nd richest county in the country for nothing! There is tons of money here to be spent somewhere like this.

I agree with what you say though. Real Estate is crazy!

it's not just about real estate though.

it's about jobs. more construction, especially of this scale, means more jobs. many many more jobs. more jobs means more money.

more money means more people buying houses.

that's why i think the outrageous pricing of houses in NJ is going to keep growing, at least for another decade or so.

everyone says bubble, but i think there is more going on here than just a bubble.

 

[ThePresence]

Originally posted by: PlatinumGold
like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

Yankees are paying for their own stadium. Nets are building in Brooklyn, not the Bronx.

 

[PlatinumGold]

Originally posted by: ThePresence

Originally posted by: PlatinumGold
like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

Yankees are paying for their own stadium. Nets are building in Brooklyn, not the Bronx.

my bad, you're right.

but still, the overall point i was making is still accurate. this much construction means more rapid growth in an area already getting outrageous for house prices.

 

[ThePresence]

Originally posted by: PlatinumGold

Originally posted by: ThePresence

Originally posted by: PlatinumGold
like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

Yankees are paying for their own stadium. Nets are building in Brooklyn, not the Bronx.

my bad, you're right.

but still, the overall point i was making is still accurate. this much construction means more rapid growth in an area already getting outrageous for house prices.

Residential Real Estate usually goes down from a stadium in the area IIRC. Lots of traffic, noise, etc. Commercial real estate goes up and makes more money for the city. Yanks and Mets are not relocating either, just building new stadiums in the same area, which should not affect real estate values too much.

 

[Night201]

I hope to own something in 5 years...we'll see how it is then...

 

[PlatinumGold]

Originally posted by: ThePresence

Originally posted by: PlatinumGold

Originally posted by: ThePresence

Originally posted by: PlatinumGold
like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

Yankees are paying for their own stadium. Nets are building in Brooklyn, not the Bronx.

my bad, you're right.

but still, the overall point i was making is still accurate. this much construction means more rapid growth in an area already getting outrageous for house prices.

Residential Real Estate usually goes down from a stadium in the area IIRC. Lots of traffic, noise, etc. Commercial real estate goes up and makes more money for the city. Yanks and Mets are not relocating either, just building new stadiums in the same area.

you are thinking on a different scale than i am.

i'm referring to the entire tri state area.

NJ real estate in particular.

think about it, how many hundreds of thousands of workers and small businesses will be directly involved in the building of these projects? how many millions of workers and small businesses will be indirectly impacted by these projects?

 

[ThePresence]

Originally posted by: PlatinumGold

Originally posted by: ThePresence

Originally posted by: PlatinumGold

Originally posted by: ThePresence

Originally posted by: PlatinumGold
like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

Yankees are paying for their own stadium. Nets are building in Brooklyn, not the Bronx.

my bad, you're right.

but still, the overall point i was making is still accurate. this much construction means more rapid growth in an area already getting outrageous for house prices.

Residential Real Estate usually goes down from a stadium in the area IIRC. Lots of traffic, noise, etc. Commercial real estate goes up and makes more money for the city. Yanks and Mets are not relocating either, just building new stadiums in the same area.

you are thinking on a different scale than i am.

i'm referring to the entire tri state area.

NJ real estate in particular.

think about it, how many hundreds of thousands of workers and small businesses will be directly involved in the building of these projects? how many millions of workers and small businesses will be indirectly impacted by these projects?

Why is that a bad thing? These projects will probably create thousands of jobs and help out the local economy. I'm missing the point...

 

[PlatinumGold]

Originally posted by: ThePresence

Originally posted by: PlatinumGold

Originally posted by: ThePresence

Originally posted by: PlatinumGold

Originally posted by: ThePresence

Originally posted by: PlatinumGold
like it or not, the planned construction for the North Jersey, NYC area is just frightening.

Replace Twin Towers in NYC, Yankee Stadium, Mets Stadium, NJ Nets getting a new building in the Bronx, Xanandu.

Where the FVCK are they getting financing for all of that? how is real estate supposed to cool off if they keep building?

Yankees are paying for their own stadium. Nets are building in Brooklyn, not the Bronx.

my bad, you're right.

but still, the overall point i was making is still accurate. this much construction means more rapid growth in an area already getting outrageous for house prices.

Residential Real Estate usually goes down from a stadium in the area IIRC. Lots of traffic, noise, etc. Commercial real estate goes up and makes more money for the city. Yanks and Mets are not relocating either, just building new stadiums in the same area.

you are thinking on a different scale than i am.

i'm referring to the entire tri state area.

NJ real estate in particular.

think about it, how many hundreds of thousands of workers and small businesses will be directly involved in the building of these projects? how many millions of workers and small businesses will be indirectly impacted by these projects?

Why is that a bad thing? These projects will probably create thousands of jobs and help out the local economy. I'm missing the point...

actually, i don't consider it a bad thing.

i have just felt that those are just some of the reasons that we will see continued economic growth in the tri state area for at least another decade.

i was actually attemptin to compare and contrast this to what's happening in Southern Cal, which i believe to be more of a real estate bubble than what we are seeing here.

i just did a poor job of that in my earlier post.

 

[Juno]

nice

 

[gotsmack]

I live 1 town over from the project. There is no way they are going to be finished by 2007. They don't have anything started yet, or I just can't see the work from the highway.

maybe they mean they will start building in late 2007

 

[shimsham]

is that, like, the city of the future?

 

[Night201]

Originally posted by: gotsmack
I live 1 town over from the project. There is no way they are going to be finished by 2007. They don't have anything started yet, or I just can't see the work from the highway.

maybe they mean they will start building in late 2007

I didn't see much either when I was at the Giants/Jets game about 1-2 weeks ago.

 

[ComputerMonkey]

The indoor ski slope sounds cool.