Jersey City Today
The City Through Another Lens
Latest from the Blog
Gentrification Math & the False Promise of Affordable Housing
If luxury housing seems to be rising all over the city that’s because it is. So much is going up so fast that it can only have a transformative and gentrifying effect on the city. And the statistics on new luxury or market rate housing demonstrate this. At the same time, there is very little…
Why is the City Selling Public Property to Luxury Housing Developers?
Why is the City selling buildings and land it owns to luxury housing developers in the midst of a housing crisis? A look at some sales of city property in just one area of the city in the last few years raises this question as well as others. 612-616 Communipaw Avenue Last year, the city…
Why So Much Luxury Housing in a City Where Most Can’t Afford It?
Why does it happen? How does it happen? How is it justified? What impact does it have? Why? The short answer is, that’s where the money is. Luxury, or market rate housing, provides a greater return on investment for developers, banks, investment, law and architectural firms and others with a vested interest in real estate…
Get new content delivered directly to your inbox.
Jersey City Today 