Study Finds New Jersey Home Prices Rose Almost 3% Amid COVID-19
Data complied by RenoFi shows the Garden State ranking about average in terms of house prices since the pandemic began, with home prices in New York City modestly increasing over the same period.
Redevelopment Agency Board Approves $5.76M Acquisition of 125 Monitor Street, Jersey City
The Jersey City Redevelopment Agency wants to pay more than $5 million from a developer for a previously industrial Bergen-Lafayette property. The agency could even begin the condemnation process if the acquisition is not successful.
Newark Accepting Public Comment Regarding Plan to Spend $3.5M of CARES Act Funds
The City of Newark could spend more than $3.5 million of funding that it has received through the CARES Act on rental assistance, microenterprise assistance, and "special economic development activities."
Lawsuits Fly, Tensions Flare Over Hudson County’s ICE Contract
The decision to extend an agreement with a controversial Federal agency that houses undocumented immigrants at a county jail has churned up a lot of emotions between activists and local officials.
Study Ranks Newark as the Worst City for Millennials
Rent.com gave the Brick City low marks in several metrics including median income, unemployment rate, and cost of living.
Study Claims N.J. Is the Fourth Happiest State in America
WalletHub examined 32 metrics across all 50 states and determined that not only is New Jersey the fourth most jovial state, it is tops by three measures.
New Jersey Accepting Applications For COVID-19 Rent Relief Program
The state has opened a lottery program to aid tenants that have been impacted by the coronavirus and those interested have two weeks to enroll.
N.J. Legislators Pass $100 Million COVID-19 Rent Relief Bill
The state’s Assembly approved a bill that could give emergency rental assistance to tenants financially impacted by the coronavirus, which will now head to Governor Murphy’s desk.
Jersey City Freezes Rent at Most Smaller Buildings Amid COVID-19
The council’s recently passed ordinance outlaws rent increases through at least August at many properties that have four apartments or less and at all rent-controlled units.
Bally’s Atlantic City Sells For $25 Million
Caesars Entertainment has sold the Boardwalk-fronted property to a Rhode Island-based company.
