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Everett Corner, 107 Centre Street, Unit C-3
It's useful to focus, every so often, on the reality of
redevelopment in Trenton. Guys with nailguns, paint
and sledgehammers are what make it happen. Those
guys are busy down on Centre street polishing up old
buildings until they're better than new. To rephrase an
infamous Trenton politico, "Isn't an old brick better
than a new brick?".
C-3 is the last available unit in 107 Centre Street, scheduled for occupancy in the Spring. It's a 1- Bedroom plus Study, 1-Bath. C-3 features a spacious living space on the 3rd floor, with natural light on three sides. Double, wood-framed glass-doors open to the balcony from the main living area, combining a large living-room/dining area with an open plan kitchen. The cozy study is accessed from the second floor landing. Pre-Construction Base Price: $140,250 |
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Many folks work in Trenton but live elsewhere, for
instance Northern Jersey. The drive home each
evening,
or worse, the stay in a hotel, gets old. What could be
better than to have an in-town place to stay during the
week.
Trenton Lofts has two nice maintenance free pied-à- terres tucked away in the heart of downtown, steps away from the Capitol building, all of the state offices and restaurants. If you know a person who needs a simple space to lay their head in the heart of Trenton. This is perfect for the commuter to Trenton who needs a weekday home away from home. |
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Below the radar
One of the great adventures in real estate is to buy a
non-traditional property and turn it into a very personal
and unique space. Trenton has the advantage of
being relatively low cost compared to other areas,
which allows people to take these kinds of risks.
Some buyers, however, need a unique location for
practical reasons such as housing a workspace.
Artists often fall into this category.
I've put together a list of a few of these unique spaces that could be made into the next great Trenton space. |
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I get the "Is Trenton Coming Back?" question all of the
time. The correct answer is, "I don't know". Nobody
knows because we don't have a way of gauging
what "coming back" means. The city administration
doesn't measure its success, they simply claim
progress
every year. Community activists point to up and down
crime
statistics, but they're only a small part of the story.
Recently, however, the Census Bureau has given us a useful tool to measure the relative economic health of a city, per capita income. We can now compareTrenton's per capita income with other cities in the state and country on an annual basis. This tells us whether we have an economic base that's healthy enough to provide a good quality of life. In addition to this kind of objective measure, Trenton observers should also compare the strategies (or lack thereof) employed by our leaders against sensible economic development plans. In the linked article, I provide data that puts Trenton's economy in perspective and I lay out an economic recovery plan that is a model for how to raise our per capita income. |
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At Ellarslie Mansion
Saturday, February 9, 6:00 pm "Death By Chocolate"
featuring the Sweet Sounds of the Orrin Evans Jazz
Trio, desserts, complimentary wine and
champagne. Trenton City Museum at
Ellarslie. Museum Members $25, non-members
$30. Tickets should be purchased in advance via
PayPal.
Go to www.ellarslie.org. Internet sales only, no phone reservations taken. |
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Great new restaurant in the neighborhood
A cool new restaurant, Planet Havana, has opened in
the Trenton Makes Complex, that
houses the Conduit and is across from the Sovereign
Bank arena. The restaurant serves well prepared and
tasty Cuban fare including lots of pork, plantains and
mojitos. The prices are good, the decor is modern
and the table cloths are linen.
Happily the location, 449 S. Broad St., is a short walk from Mill Hill and around the corner from the Trenton Ferry area. I went to the Grand Opening and Michelle and I have had lunch there once. So far so good. We're going to have a dinner before writing a formal review. |
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City approves even more "affordable housing"
A developer has announced plans to build new
townhouses and mixed use buildings on vacant lots
in South Trenton. The area in question is near the
Trenton Ferry development around Asbury St. It's a
pretty dilapidated area so this is good news.
However, in the same news story, Trenton has approved yet another affordable housing project. NJHMFA, the misguided state agency responsible much of Trenton's problems, is set to finance a new round of subsidized housing. Their financing amounts to sub-prime loans given to people who can't actually afford a mortgage or or too risky an investment. Apparently, Trenton can't have enough affordable housing. Even though affordable housing has been shown to have negative economic benefit for the city, we apparently want more. Shame on the administration for not being honest about this, even though it knows we can't afford it. |
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