Tag Archives: condos

Changes in store for Carriage City Plaza

A series of improvements are in the works at Sky View at Carriage City Plaza, including a new, separate hotel lobby entrance, kitchen and bar service, and rooftop deck.

Continue reading Changes in store for Carriage City Plaza

Carriage City Plaza could be sold this year

Carriage City Plaza, the  downtown high-rise that is among the city’s most prominent symbols of redevelopment, could change hands later this year.

Continue reading Carriage City Plaza could be sold this year

Polls results: Most appealing new development

OK, so it wasn’t a huge majority or a overwhelming mandate. In fact, it was one of the weakest showings in our history of polls — a scant nine votes. Even so, Park Square came out on top among the handful of people who put their two cents in:

Of the new construction in recent years, which residential development is most appealing?
Park Square, 55 percent (5/9 votes)
Sky View at Carriage City Plaza, 33 percent (3/9)
Riverwalk, 11 percent (1/9)
Brookside at Rahway
Meridia Grand
River Place
Riverview Manor

A couple of readers made good points: Colin was familiar with some new construction but didn’t know these by name. And Sivyaleah offered her take on each complex.

As I mentioned in the earlier post, “most appealing” could mean different things to different people. Some comments over on our Facebook page took issue with  the amount of development in recent years, as well as the high-rise complex. Others just weren’t comfortable voting without knowing much about the buildings other than their exteriors.

We’ll make sure to get back to what people are comfortable with in the next poll. Thanks – and stay tuned!

Poll: What new development is most appealing?

There have been nearly 1,0000 new residential units constructed over the last decade in Rahway. There are more to come but that doesn’t stop the occasional inquiry about what are the best buildings in Rahway. Of course, there are other, older developments too (Rahway Plaza Apartments and Hamilton Apartments, among others).

With the exception of 86 units at Riverwalk townhouses, about 60 of the 200 condos at Sky View at Carriage City Plaza and the 13-unit Riverview Manor, all other developments have been rental apartments, including some age-restricted, such as Rosegate and Park Terrace. Meridia Grand started out in the planning stages as condos until the housing market collapsed, and it shifted to rentals.

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This time next year, there may have a new entrant or two in this poll, but for now, while I work on a few other posts, to get some discussion going:

Of the new construction in recent years, which residential development is most appealing?
Brookside at Rahway
Meridia Grand
Park Square
River Place
Riverview Manor
Riverwalk
Sky View at Carriage City Plaza

“Most appealing” could mean different things to different people. Rahway residents who don’t live in any of the new developments might aim for what looks best on the exterior. Of course, people who actually live in the buildings might have their own considerations, and experience to share. Feel free to use the comments section to share your thoughts about why you voted for one or another.

Lot B — 100 units or 200 units?

The question seems to be: 100 units or 200 units? City Administrator and Redevelopment Director Peter Pelissier told commissioners at the Oct. 3 Redevelopment Agency meeting that he expects meet early next month with a representative of the owner of Lot B  area parcels to discuss the size of any resurgent project — basically whether the plan will be for 100 units or 200 units.

Continue reading Lot B — 100 units or 200 units?

Sheriff’s sale on Riverwalk units next month

A $5.255-million sheriff’s sale on the remaining 19 unsold townhouses at Riverwalk is scheduled for Feb. 8, Redevelopment Agency attorney Frank Regan reported to commissioners at their meeting earlier this month. Bank of America likely will purchase the 19 units at the sheriff’s sale and then look to sell them, Regan told commissioners.

Foreclosure on the 19 unsold units began in late 2009. A total of 86 units were built, with a plan to add more on an adjacent parcel that never materialized. About two dozen Riverwalk units that are owned won judgments on their tax appeals last year, seeing their assessments reduced by as much as $20,000 and their taxes by $1,000.

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Well, check this out: A study by the National Trust for Historic Preservation claims that retrofitting an existing building to make it 30 percent more efficient will “essentially always remain a better bet for the environment than a new building built tomorrow with the same efficiencies,” according to The Atlantic.