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Re: [ Gen. Discussion ] Aurora Over the Hudson
Posted By: Dave In Response To: Re: [ Gen. Discussion ] Aurora Over the Hudson (Hot East)
Date: Friday, 12 May 2006, at 1:17 p.m.
I think that it is wonderful that upscale housing is being built in our town. It sure beats having duplexes built on Adolphus Avenue. However, I don't think that prospective buyers are going to be breaking down the doors and lined up in front of the sales office to buy a condo in the building. The immediate area surrounding the site (specifically the other side of Gorge Road) does not look that great. This factor might cause buyers to be hesitant.
There must also be an incentive for buyers to purchase into the building since they can easily find an apartment in a comparable building that offers the same amenities for a lower price. In fact, I can't think of a single building in Bergen county that has a starting price of $1 million. $1 million is not a Bergen county price, it is a NYC price.
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