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It's the city. They are encouraging the megaduplexes, as we call them. Where they used to build four 2 bedroom homes in a 4 story rowhouse, the zoning (or lack of granting variances) is forcing two huge duplexes. Developers know that's what will easily get approved so that is what they are building.Does anyone know why there aren't any studio or one bedroom condos being built in Hoboken? It seems like they're mostly 3 & 4 bedroom spaces. Is this because of the city's zoning or because that's where developers think the strength of the current market is? Is the city trying to morph into a family-oriented place for very wealthy families?
btw - looks like Toll Brothers' next building at 1450 Hudson Street has started test piling. It will have 99 condo units when completed (and is being built on the last large undeveloped parcel on that end of Hudson Street).
The Old ARC plan was to run to Grand Central..I wish they would reactivate that proposal..This is the first time I've read of a politician pushing for a station on a new trans-hudson line at the northern end of Hoboken. Whoever gets elected, hopefully this idea comes to fruition (obviously now is the time to act since the project is still in the design stage).
Side note: I'm still wishing they'd run Gateway to the current bus terminal or somewhere near Times Square since we already have tunnels running to Penn Station...but I think another station in Hoboken (and one in Union City?) is a no-brainer for a once-in-a-century project.
http://hudsoncountyview.com/hoboken-mayoral-hopeful-bhalla-calls-for-new-bus-route-train-station/