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HUDSON REALTY GROUP’S
MONTHLY REAL ESTATE UPDATE
NOVEMBER 2016 EDITION
YOUR SOURCE FOR HOBOKEN AND JERSEY CITY REAL ESTATE
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 HOBOKEN CITY HALL HOLIDAY CRAFTS FAIR
DEC. 3RD & 4TH FROM 11AM-5PM
“Unique Handcrafted Gift Items by local artists & crafters. Featuring: art, jewelry, fashion accessories, pottery, wooden home accessories & toys, hand knit scarves, hats, mittens, baby sweaters, baby clothes, hot sauce, Bonsai trees, holiday ornaments & gift wrap, soap & body products, candles, gourmet olive oils & aged balsamic…”
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 HOBOKEN CHRISTMAS TREE LIGHTING
TUES. DEC. 6TH BEGINS AT 5PM
The event will feature host and MC – Elvis the Elf, local school children and performers singing holiday songs, the Hoboken Fire Department, prizes and giveaways by radio station CBS FM, and a visit from Santa Claus.
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 JERSEY CITY HOLIDAY LIGHTING CEREMONY
THURS. DEC. 8TH 5-6PM
The HDSID presents its Annual Historic Downtown Tree Lighting and Menorah Ceremony at the Pedestrian Mall. Please join Mayor Fulop, Santa and music by Matty Dee in celebrating the holiday season. Children can enjoy free cookies sponsored by HDSID.
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THE LAUNCH OF HALSTEAD’S NEW MUSE MAGAZINE
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REAL ESTATE AND COMMUNITY NEWS
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 HOBOKENINC.COM: HOBOKEN TO GET AN ICESKATING RINK UNDER THE VIADUCT
“We have confirmed that a new ice skating rink will be created under the Viaduct on or around December 20 and will run until February 28, 2017. The rink and winter village will be open daily from 9:00am to 10:00pm. The rink will be going in the area just east of the new soccer pitch fields – right in front of the movie theater.”…
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 ELLEDECOR.COM: JERSEY CITY IS OFFICIALLY THE BEST CITY TO LIVE IN THE UNITED STATES
“The winner over every American city for livability is Jersey City, located just southeast of Manhattan. Of the cities in the study, it has the the third-highest population density (which essentially means there’s plenty of easy access to things like great grocery stores, restaurants and laundromats), third-highest income after housing and ranks fourth in walkability.”…
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 JERSEYDIGS.COM: PARK AND SHORE BREAKS GROUND IN NEWPORT, WILL BRING 429-ULTRA PREMIUM CONDOS
“This project speaks to the strength of the Jersey City real estate market, which continues to draw investment here on the waterfront and throughout the city,” said Jersey City Mayor Steven Fulop. “What’s even more exciting is that this is the second major condo project we’ve broken ground on within the last year, highlighting the continued interest for people looking to make Jersey City their permanent home.”…
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 JERSEYDIGS.COM: RESERVOIR NO.3: JERSEY CITY’S RUSTIC JEWEL
“A stroll around the grounds right now, where trees and vegetation have proliferated, will make you appreciative of their efforts. While some of the trails are narrow and rocky (wear sneakers!), the reservoir features several Romanesque pump-houses, some interesting abandoned structures and scenic water views with an urban skyline as the backdrop.”…
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HOBOKEN AND JERSEY CITY REAL ESTATE MARKET REPORT
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Over the first half of 2016, the residential real estate market in Hoboken and Downtown Jersey City continued the up-ward trend in pricing experienced since 2012. Inventory remained near all-time low levels with only 1.5 to 2 months of supply. The volume of activity slowed slightly relative to the 1st half of last year down 7% in closed condos and 6% under contract as well as 22% less townhome closings (46 vs 59). The sharp declines in the stock market seen in January and February slowed high-end sales activity by giving buyers reason to pause but things got back to normal after the stock market recovered in March…<Continue in Report>
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Thanks for reading our newsletter!
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Please don’t hesitate to contact us if you any questions, comments or concerns.
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DISCLAIMER: ©2016 by Hudson Realty Group at Halstead Property New Jersey LLC. All Rights Reserved. This mail is for the named addressees only. If you are not the intended recipient, please delete it from your files. All information is from sources deemed reliable but is subject to errors, omissions, change of price, prior sale or withdrawal without notice. No representation is made as to accuracy of any description. All measurements and square footage are approximate and all information should be confirmed by customer. Halstead Property and Hudson Realty Group do not represent the sale of the new construction developments highlighted in this newsletter. All rights to content, photographs and graphics reserved to Broker. This information may not be copied, commercially used or distributed without Halstead Property’s prior consent.
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HDSID PRESENTS: JERSEY CITY HOLIDAY MARKET AT GROVE STREET PATH PLAZA
JERSEYDIGS.COM: REPORT ESTIMATES PROPOSED HOBOKEN HILTON WOULD CREATE 700 JOBS, GENERATE MILLIONS
HUDSONREPORTER.COM: HOBOKEN CITY COUNCIL VOTES AGAINST PROPOSED DEVELOPMENT SETTLEMENT
JERSEYDIGS.COM: NEARLY TWO DOZEN NEW APARTMENTS PROPOSED IN THE HEIGHTS
NEWYORKTIMES: WHAT WILL A TRUMP PRESIDENCY MEAN FOR NEW YORK REAL ESTATE?
