Where’s My Car?

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In the past we’ve covered the $4.2 million dollar condo with parking as an extra monthly cost. This is a tough enough pill to swallow. Here’s the latest trend….I’ve noticed several high end properties on Hudson St. with no parking. Not even a rental spot??? Buy a $2 million brownstone and park on the street! I don’t get it. Why would the seller not rent a space in the Shipyard Garage. Prepay 2 years. It’s a $5,000 give away. There are so few high end buyers willing to open their wallets. (One multi-family and zero single family homes closed in Q1,2009.)

Why give someone a reason not to buy. It’s like the old Fram filter commercial. You can pay me now or pay me later.

Hoboken Real Estate Condos Since 4/1/09
New 170
Price Changes 131
Information deemed reliable but not guaranteed

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