The Jersey City Housing Authority will partner with Jersey City’s Division of Community Development to purchase a 40-unit building in Bergen-Lafayette which will be converted to 100% affordable JCHA units. Located at 450 Martin Luther King Drive, the building significantly expands affordable housing opportunities for families most in need with federally subsidized public housing units that […]
Jersey City Real Estate and Development
Posted inJournal Square
Renovated McGinley Square YMCA now Apartments for the Formerly Homeless
One-Time McGinley Square YMCA Now Apartments for the Formerly Homeless Mayor Steven M. Fulop joined The Community Builders and the New Jersey Housing and Mortgage Finance Agency today to celebrate the grand opening of Bergenview Apartments, a supportive housing development at 654 Bergen Avenue in McGinley Square that was once a YMCA. Still designated a historic property, […]
Posted inLatest News
Fulop Claims Vindication in Dismissal of Steel Tech Lawsuit
The Fulop administration is claiming victory following the plaintiffs’ voluntary dismissal of a lawsuit involving a controversial Bergen-Lafayette residential development called Morris Canal Manor. “While this baseless lawsuit has done a tremendous disservice to our community, it is my hope that residents now hear the full truth with the court’s dismissal so that we can […]
Posted inNarrate
Single Family Homes a Scarce Commodity in Jersey City
If you’re looking to buy a single-family home, you might want to look elsewhere. According to a new study, in 2021, of all midsize U.S. cities, Jersey City had the smallest percentage of home purchases that were single-family. The analysis from Inspection Support Network, a maker of “software-based tools and solutions for residential, insurance and […]
Posted inBusiness
Study: Relatively Few Young People Own Homes in Jersey City
It’s well known that Jersey City is a renter’s town. Fully 70% of the people here pay a landlord and not a bank or mortgage company for the roof over their head. Now, a new study from SmartAsset, a website for financial advisors, is providing more detail on who actually owns their home or condo […]
Posted inDowntown, Latest News, Narrate, News
After 15 Years of Litigation, the Embankment May be Ready to Roll
After more than a decade of legal wrangling with Conrail, the Surface Transportation Board, environmental groups, and a private property owner, Jersey City may finally be taking title to the Sixth Street Embankment, a key part of the East Coast Greenway. On Wednesday, the City Council is expected to introduce an ordinance to approve the Sixth […]
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Neighborhood Groups Lose Fight Against Affordable Housing Ordinance
Despite protests from various neighborhood groups, on Thursday the City Council voted 7-2, with Ward C councilman Richard Boggiano and Ward F councilman Frank Gilmore voting “No”, to amend the city’s land development ordinance.
Posted inBusiness
Jersey City Leads East Coast Downtowns for Multifamily Construction
For real estate investors and many city officials, the explosion of new multifamily buildings Downtown has been a welcome development. For others, concerned about gentrification, rising rents and quality of life issues, not so much. According to a new study by StorageCafe.com, between 2013 and 2022, Jersey City saw more multifamily construction in its downtown […]
Posted inJournal Square
Bergen Square Day: “A Celebration of History and Culture”
On Saturday, with an eye toward raising the area’s profile, James Dievler corralled a group of volunteers, vendors, and performers to put on the third “Bergen Square Day” along a two block stretch of Bergen Avenue.
Posted inBusiness
Bergen Hill: A Neighborhood in Transition with Plenty of Boosters
To an outsider, Monticello Avenue has all the makings of a street ready to take off: a hip café, a bike shop, a jazz club, and a funky store specializing in banana pudding.