The marketing for Shaq 2 was released. Rents are about what you would expect. The apartments are reasonably sized with good layouts. But could the pool be any smaller? The lobby is a bit disappointing, though maybe the rendering doesn't fully capture it.
Comments
sutisuc t1_j9xaabj wrote
Yeah but then we get the bougie expensive prices to go along with it
Chelseafc5505 t1_j9wyz3j wrote
>But could the pool be any smaller?
😆1st world problems
NewNewark t1_jadasag wrote
A 1st world city would have a retractable roof for all-year pool fun
GhostOfRobertTreat t1_j9wy5lg wrote
Also, 20% of the units in the building are affordable/income-restricted. So yeah, expensive market rate but like 70+ low and moderate income folks are also going to live there.
recnilcram t1_ja016g3 wrote
55 Union also recently launched their website: https://55unionnewark.com/
wornoutnewark t1_j9xvg82 wrote
With these rent prices; 2 family Bayonne boxes with in the ironbound will top $1 mil soon🤷🏾♂️
Ironboundian t1_j9y4qsz wrote
Those are basically the rents of the NJPAC tower
RationalMellow t1_ja00uef wrote
Kinda what I was expecting
Igetthejobdone88 t1_j9ydnzc wrote
Seton is spelled wrong
sutisuc t1_j9zbzvq wrote
Those rents are obscene. To live next to a six lane highway no less. Yeesh
Aggravating_Rise_179 t1_j9zmh90 wrote
I mean, you are also across the street from one of the country's busiest train stations, 5 minutes away from the 4th busiest arena, and a short work to on NJ's premier foodie neighborhoods and urban neighborhoods... while also having 24 hour access to Manhattan/Brooklyn/Queens... its a great location at a fraction of the price for a similar apartment in another city with the same amenities right outside your door
sutisuc t1_j9zv70w wrote
Yeah have fun crossing that as a pedestrian whenever you want to access it
Aggravating_Rise_179 t1_ja0jum4 wrote
I get that it's not the most friendly place to cross, but people do it every day without incident and just for reference, crossing over to Chelsea piers is the same experience, yet people gladly pay 6k in rent to live near that highway because of the amenities nearby.
Shaq 2 will be no different
sutisuc t1_ja0mmzl wrote
I don’t understand. Are you a developer? Do you want it to cost more to live in Newark?
Aggravating_Rise_179 t1_ja1yon3 wrote
No, but im also someone who doesn't want Newark to just be economically depressed and a place people don't spend time in.
It's a great city and deserves its time in the sun.
sutisuc t1_ja1yzio wrote
I get you have a chip on your shoulder because Newark has a crappy reputation but it’s never gonna be on par with NYC or seen in the same light. People have always spent time in Newark but I guess if you want a bunch of ex pat NYC yuppies this is your path to that. Have fun
Aggravating_Rise_179 t1_ja1zici wrote
Literally, what the fuck dude. I never said I wanted this city to be New York, but I can always want better for my city like more nightlife, more businesses downtown, a larger tax base so we can actually continue to improve the quality of life for everyone that lives here, support better schools, etc.
But sure, I have a chip on my shoulder over NYC... if I wanted NYC I can be there in 20 minutes, no reason for Newark to be that.
If you want Newark to continue to be a high crime city, a place where half its population never has a chance at a decent life, absentee slum lords, etc then just say that cause it's one thing to be excited about the fact that this city is growing and another to want Newark to push out people... im the former not that latter
sutisuc t1_ja206od wrote
You can have a cultural hub and shiny new toys and still have a more affordable city. Look no further than Philly for that. You shouldn’t be trying to justify 2500 dollar studios for a city where 1/3 people live in poverty
Aggravating_Rise_179 t1_ja210s8 wrote
Ahh yes, because Philly doesn't have apartments for rent for 2K.
You also fail to point out that Philly's economy and region is also considerably worst and poorer than North Jersey and lower NY...or the fact that Philly is a more dangerous city than Newark.
Is 2500 for a studio a bit pricey for some in Newark, yes, but its still way below market rate for a city/town in the NJ/NY region. We should be building more housing for the poorer residents, im not arguing with you there, but we also shouldn't just be grouping only poor people in the city. There is a reason for that poverty rate and it starts with the low incomes of residents which makes the city unattractive to businesses that could provide a decent living for many.
Nwk_NJ t1_jadx6tz wrote
Always found it interesting that folks from Montclair want to preach to Newark about regional equity, but their proposed solutions always just include putting/keeping as many poor people as possible into Newark.. how about spreading it out more, and having more in Montclair and Glen ridge and vice-versa? Isn't that REGIONAL EQUITY? Modern political tropes are quite inside the box lol.
Aggravating_Rise_179 t1_jae07xp wrote
Bro, this... Lets not forget Montclair literally tried to secede from Essex County because their taxes went to propping up Newark (yet we give up valuable real estate for the court house, the sheriff's department, the prison, the energy industry, etc that literally allows that town to function without ever having to give up any of its land to nontaxable uses).
Its just annoying to hear wealthy suburbanites complain that newark is too poor and not worth going to visit, but once we start working on becoming a place that people would like to spend some time in, its we dont care for the poor.
Also, its funny being called a shill for developers when anyone who has been here over the last few years knows I literally got into months long debates with some who defected to another Newark reddit page because I was deemed too development unfriendly just because I supported more affordable housing initiatives/even stricter forms of the current law.
Nwk_NJ t1_jae9w6g wrote
You've got nuanced views and can see the flaws in a myriad of ideas/discussions...thats just being an inquisitive mind and being open...its frowned upon these days lol!! Today you are the poster child of gentrification... yesterday, you were anti-developer....its all just weak attempts to put you into a limited box so that folks don't feel threatened by being challenged on their stances. Frustrating sometimes.
Aggravating_Rise_179 t1_jaeeuz6 wrote
Its frustrating. Anyone who knows my posts knows I have always proposed wholistic approaches to development but because I defend 2.5K rent in one of the best connected apartment buildings in the country (while pointing out that the rent is very much a steal for the area) I am now a defender of luxury developers and for pushing out the poor. Atleast when I debated the libertarians, they had a solid foundation for their criticisms against me. We wanted the same things, just had differing views on how to get there.
sutisuc t1_ja21gf3 wrote
Philly has a lot more affordable apartments than Newark and typically in much nicer areas with far more to do than there is in Newark. And sure the region is expensive but Newark was always affordable. That’s changing now and you seem to be good with it. Good for you but if you don’t already own a home here I suggest you do that asap otherwise enjoy being priced out.
Nwk_NJ t1_jadwrw6 wrote
People can live in the west, large swaths of the south, and large swaths of the north ward. It isn't like Philly's most affordable apartments are in center city lol. You seem to have an issue with Newark having any higher-end neighborhoods. The fact is, Newark has plenty of really struggling neighborhoods and some nice working class ones, but not enough middle class...the horror everytime something pricier opens is a bit melodramatic imo. I live in a rent controlled apartment. Increased amentities and residents in close proximity is good with me. When it comes time to buy something, I'll see what is best for me in terms of price and area. Maybe Newark, maybe elsewhere. But downtown is probably gonna be a bit pricier...it's like that everywhere. Philly has neighborhoods that might as well be Belleville or Bloomfield to downtown Newark, the way those places are to downtown Philly.
sutisuc t1_jadxttn wrote
Even center city, Fitler square, etc have affordable apartments in comparison to Newark’s priciest locations. So again obviously the higher end stuff is pricier in some ways in Philly but you’re getting a lot more for that than you will in Newark. Newark is WAY overpriced for what it is.
Nwk_NJ t1_jady6qn wrote
Is it though? You're 15 mins by train from Manhattan, and close to everything else in North Jersey and NYC. Close to airport, every major highway and train etc. Similar to Philly, but Phillys general region is overall less expensive. There are still affordable spots in Newark, but they won't be the nicest in town. Same for Philly. I also bet Newark has a way larger proportion of affordable units in these new buildings than most cities.
sutisuc t1_jadz6rp wrote
Newark is in a good area for things that aren’t Newark but for a city of 300k plus people most of the stuff is lackluster. So yeah Philly has much more stuff in it that doesn’t require leaving but the region isn’t as good as newarks. Newark however is a pretty meh city. So it’s a bit of a wash there but I’d still rather live in the nicer spots in Philly for less than I’d pay to live in the polluted ironbound or downtown that’s dead after 5 on the weekdays and weekends.
Aggravating_Rise_179 t1_jae25it wrote
Yet, you want to complain about the city accepting new development and trying to attract young professionals. The only way the city will get those amenities is if the city gets new residents. We used to have those amenities here, but white flight happened and much of that closed down because of it... but somehow that doesnt factor into your analysis.
sutisuc t1_jae2jc1 wrote
You notice I did indicate the ironbound has stuff in it but it’s polluted to all hell. So clearly you don’t need to whitewash and gentrify a place in order for it to have stuff. You realize that right?
Aggravating_Rise_179 t1_jae6a3k wrote
Ah yes, because Newark's wealthier residents are just all white people. A good chunk of the people moving into the city's downtown core tend to be people of color and many Newark residents with college degrees. There is a difference between gentrifying a city and redeveloping a city.
I also want to point out that you literally tacking on the Ironbound's pollution to undermine what that neighborhood offers. Like there are many who prefer the walkability, access to a major train station, jobs, etc that the Ironbound offers compares to much of the "nicer" neighborhoods of Philly.
But Im already losing enough of my time on this pointless argument. You dont like it here and thats fine, but just dont hide your dislike for the city behind some "concern" for its residents.
sutisuc t1_jae7iup wrote
A neighborhood can offer great things and also be polluted, why would those two things be mutually exclusive? And it’s not like it’s not true: https://www.nj.com/opinion/2022/05/in-newarks-ironbound-you-can-taste-the-air-its-disgusting-just-say-no-to-another-fossil-plant-moran.html
I get you’re the ultimate Newark booster but just burying your head in the sand and pretending that a city with starting rents of 2500 dollars for new studios that is also home to four superfund sites and tons of active polluters is not a good look. Obviously I’m concerned about Newark or I would just be ranting about “crime” like the idiots that don’t actually care about Newark. Given that I’m actually concerned about the environmental racism and lack of affordable housing that’s not the case.
Also in what world do the “nice” parts of Philly lack walkability, transit, etc? The transit and nightlife options are far superior in Philly and that would only be controversial to someone who is delusional.
Aggravating_Rise_179 t1_jaeeev6 wrote
The ultimate booster... dude, I have come down on the city for its shit in the past and I am very much aware that the city lacks certain things that I would love it to have. I am just pointing out that in order for the city to attract the things you love about Philly it needs people with higher incomes to move in and not to just be a city exclusively for the poor... but that somehow makes me delusional.
I also love the fact that you keep pointing to Newark's four superfund sites and claiming to want environmental justice for its residents, but then dont point out that Philadelphia County (basically the city of Philly) has 44 in its borders (which makes it the second most polluted county in the Country)... but somehow, your okay with that because the rent of a studio apartment is slightly less than 2K. Have you stopped to think if the average resident of Philadelphian can actually afford those "affordable" rents. Seems to me that the economy of the city and what passes as higher incomes/higher rents is actually lower since the population of the region cant support higher rents.
The fact of the matter is Philly only looks affordable to people in this region because the average rent in the NY area is about 3K, while the average rent of Philly is 1,901. Just because the numbers look lower to us does not mean it is actually lower for the people living in that area. Philadelphia has a poverty rate of 22.3% which means many of those "affordable" units are in fact not affordable for them.
The definition of affordability is not the same across regions because the market in each region is different. What's affordable for someone in NJ would be considered out of range for someone in Alabama or Mississippi.
If you are going to claim that you care about Newark's lack of affordable housing and its environmental issues, atleast also pretend to care about it in Philly. Because what is happening in Newark is not exclusive to here. Developers all over are buying up properties and making the new housing more expensive than the current economy of those cities can actually support without outside residents moving in. Philly is going through the same housing unaffordability as Newark, but somehow because of Newark's 4 superfund sites its a bad look yet not in Philly with 40 more (many of which are literally steps away from Center City and a few in predominately black North Philly).
Love you calling me delusional because I have a differing opinion about Newark's nightlife and access to mass transit and walkability. Nightlife is up for debate, as I would put up the Ironbound's options up against most cities, but access to mass transit and walkability when Newark's population density is higher than Philly's and much more concentrated because of the smaller city limits... come on
sutisuc t1_jaeewso wrote
I thought you were done with this debate? What happened?
Aggravating_Rise_179 t1_jaeg7jr wrote
Edits from my boss took a bit longer than I thought, so decided to entertain this nonsense for a bit longer.
Nwk_NJ t1_jae9edb wrote
White wash? Several young well-off professionals of color...but ok. And yeah Philly is an environmental beacon lmao.
sutisuc t1_jae9ndj wrote
Does Philly have four superfund sites in it along with multiple active polluters, including a trash incinerator, a stones throw from its most densely populated neighborhood in the city? Philly has a multitude of issues but that’s actually reflected in the cost of living there, unlike in Newark where you are paying New York metro area premixed for a very lacking urban experience
Nwk_NJ t1_jaeam7f wrote
I mean, I'd bet it does tbh lol.
And again, you're simply not getting it...what is a 15 minute train ride from Philly? That region is cheaper, period. It's not like oh Philly has crime so let's keep prices low, but the south jersey suburbs cost as much as Montclair bc of equal amentities inside the town, in a vacuum...no...its our suburbs are more pricey than Philly's, Newark is more pricey than similar parts of Philly, and NY at its apex is more pricey than downtown Philly, etc etc. It's not a reflection of Philly issues, it's that Philly is not located in such a desirable region the way Newark is. Newark again, is not in a vacuum. It's still affordable for the region precisely bc of the issues you point out, but its gonna have higher prices due to factors like the region ya know? Also, as it gets more amenities etc, it goes up in price. Hence this house...go literally 10 mins up Bloomfield Ave and that same house is 1.5-2 million.
You complain about artificial inflationary prices...how about artificial deflation? Should Newark stay cheaper than a place up the sidewalk just bc an imaginary border and sign that says "welcome to south orange" is there? Seems silly. Just as silly as pretending the border exists so as to deny people educational opportunities and etc.
sutisuc t1_jaeb12s wrote
Unless you have a source to back it up then it does not. Feel free to google and get back to me though. If you need any links showing just how badly polluted the ironbound is let me know.
You don’t need a 15 minute train ride to a better city if you can get whatever you need in the city that you already live in.
Otherwise I agree just pointing out the frustrating aspect of paying these prices to live in Newark when you can’t even find a spot to shoot pool, bowl, more than one movie theater, shit is dead downtown, etc.
Nwk_NJ t1_jaeb6iw wrote
That's not how this works. You didn't produce a source either. As of now, it's unknown.
sutisuc t1_jaebeq8 wrote
https://www.businessinsider.com/ironbound-newark-new-jersey-pollution-law-2022-8
https://yaleclimateconnections.org/2022/08/newarks-ironbound-neighborhood-fights-for-clean-air/
There’s three. Can you send some for Philly?
Nwk_NJ t1_jaebab1 wrote
sutisuc t1_jaebzo9 wrote
Oh you want to do it by region? Cause this includes places outside of Philly proper, I was just doing the places in Newark city limits. The bulk of those sites are on the NJ side by the way
Nwk_NJ t1_jaebfal wrote
And whattaya know?!?!?!
We were both making an assumption. Could have just left it there haha...
Whatever no bad blood or anything...you can actually have a debate so all in good fun. I get prices going up is scarey. If it were to become hoboken, we are all screwed. But it won't imo.
sutisuc t1_jaec5en wrote
You gotta read your sources more carefully man. This is about a trash incinerator in Chester PA, which is of course not philadelphia. Meanwhile there’s a trash incinerator in the ironbound.
Nwk_NJ t1_jaedvfu wrote
LoL ok. So they can put the incinerator in Kearny or Rahway next time. That way the invisible Newark Borders will stop the smog...of course it may raise prices in the ironbound!
They did get rid of their in-city incinerator though...so I'm Surprised the prices didn't sky rocket!
https://hiddencityphila.org/2018/03/back-when-we-burned-trash-on-the-delaware-river/
sutisuc t1_jaee65b wrote
I don’t understand you think it’s a bad thing for a city to get rid of an incinerator? This is a weird reflexive “my team vs your team” thing that I don’t get. You want to live in a city with more pollution or less? Philly should be commended for getting rid of that. I hope we do the same in Newark some day. Philly being cheaper and having less pollution than Newark is not the win for Newark you seem to think it is.
Nwk_NJ t1_jaeeisn wrote
LoL you are one of those ppl that can't take an L and just keeps talking. We aren't talking about getting rid of incinerators. I'm in the middle of eviscerating your absurd assertion that Philly had less of a pollution/superfund/incineration problem than Newark.
I was also cracking a joke...since you hate rising prices and don't acknowledge that improvments lead to price increases...i.e., get rid of the incinerator, awesome...but then you'd complain about a house selling for more. You seem like you just want to have your cake and eat it to is what I'm getting....its not realistic.
[deleted] t1_jaeesxo wrote
[deleted]
sutisuc t1_jaefxvn wrote
I’m talking about present day. Why would you think it matters if a city used to have one? Newark presently has one and many other active polluters. What’s hard to grasp about that.
Regarding your edit can we get some environmental remediation like Philly got in that case to go along with the price increase? I don’t consider studios going for 2500 being a benefit.
Nwk_NJ t1_jae93ws wrote
So basically you live-in newark bc it sucks and is cheap, and you'd like it to stay that way bc it's convenient for you?
If you'd rather live in Philly...I think the Turnpike takes all types of U-Hauls.
But, again, the size of the region is akin to Philly. Philly is huge. Newark is not on its own island. You live in Newark partly for Newark itself and partly for the greater region. I do anyway. That comes into account when discussing prices.
sutisuc t1_jae9dya wrote
No I don’t think Newark sucks I do love it but I’m not kidding myself into thinking that it’s worth the price these new buildings are charging. And who in the world wouldn’t want where they live to stay affordable?
Aggravating_Rise_179 t1_jae1usr wrote
Again, that also has to deal with the fact that the economy in the philly area is not as competitive as NJ/NY. People in Newark have to compete with a shit ton of new residents coming from the burbs, NY, all over the country, foreigners both lower income and higher income because people want easy access to the jobs in the New York Market. Philly doesnt offer those same options.
The fact of the matter is, Newark's poorer residents and the housing prices in that sector of the market, is higher compared to those in the philly area because the working poor means something a bit different here compared to there. Plus, Newark was never going to stay this island of poverty for long after the suburbs stopped pushing for development. NYC cannot build the housing necessary to accommodate the people looking to move into the area, nor can JC and Hoboken. At some point the banks and developers and newer residents were going to make their way over here and the city was going to accept new development because it cannot support those who live here without new infusion of cash.
This shit isnt black and white, and Newark has alot more safe guards in place to help stem displacement compared to places like Harrison, JC, and Hoboken because we have learned from their mistakes.
Aggravating_Rise_179 t1_jae0umg wrote
Yes, cause the South Ward (the area of the city with the most poverty) and the West Ward (the part of the city that is furthest away from all the mass transit) are just also going to ride the wave of redevelopment. There is a very good chance the North, Central, and East Wards are the areas of the city that only get redeveloped and the rest stays affordable just because of their lack of transit options.
Also, what are we considering nicer areas. Philly is just a larger Newark. Philly, outside of center city, is not what I would call teaming with amazing neighborhoods. I love the city because it is still very gritty, but its very much a rough town and is much rougher than Newark these days.
sutisuc t1_jae1wm6 wrote
We shouldn’t want the people who have lived in the city to have to get priced out and to move to other neighborhoods because displaced NYCers want to live in their neighborhoods now. Don’t undersell what a deleterious and disruptive impact that has on peoples lives. You should absolutely know better.
You can’t seriously think Newark is a better place to live than Philly. Also you’re very ignorant of the city if you think the only decent place to live is center city.
Aggravating_Rise_179 t1_jae4but wrote
Who said anything about displacing or pricing out residents. Last time I checked, the development downtown has yet to make a difference in the parts of the city still struggling with disinvestment and poverty. Plus, literally no one lived downtown so no one is getting displaced.
You can point to the Ironbound, but that neighborhood has some of the highest home ownership in the city with many of the landlords being mom and pop and still living in the homes they rent out. Plus, the residents there have the most economic opportunity compared to the rest of the city and many of them have been able to withstand many waves of young professionals moving in for a few decades now.
I do think Newark is a better place to live than Philly. I literally chose to move back to Newark after a stint in NY and I could of easily left for Philly. The city has better access to a more dynamic economy, more entertainment options within and just outside its borders, etc.
You are the one who is disguising your dislike for this city as genuine concern for it. Anytime anyone comes out with something positive about Newark, you just seem to be ready to come out and talk crap about it. If that is your genuine opinion of the city, im not hear to change it... but its disingenuous to come here complain about how the city offers nothing for anyone, but when the city tries to, you go around saying "but the poor people" without ever providing actual input into how to make the city better.
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Kalebxtentacion t1_ja1w5j6 wrote
I think he is someone who can see the benefits and turn the negatives into a positive. Like he said route 21 may seem dangerous and hard to cross but people cross it everyday and I don’t think a life gets taken everyday on that road. Given what is near this tower the price is worth it
felsonj OP t1_j9zdq7i wrote
To rent out all those units, I'm thinking they've got to have soundproof, triple-pane windows to block out all the noise.
Marv95 t1_ja1gxbc wrote
The prices(w/o the affordable housing rate) seem about right. Not terrible, not a crazy bargain, just right. But yeah insulation better be top-notch lol. Still waiting for the pedestrian bridge to get started.
GhostOfRobertTreat t1_j9wy0ba wrote
Need more bougie people paying those rents so we can get some more and better restaurants downtown lol.