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Monday, nov 25
Tag:
Affordable Housing
News
NJ Sets New Affordable Housing Quotas: Check Your Town's Numbers
Municipalities across New Jersey must add or rehabilitate approximately 146,000 affordable housing units by 2035. Last week, the Department of Community Affairs released non-binding calculations for every town across the Garden State by a new law requiring each town to meet a specific obligation. You can click here to see the numbers in your town (page 20). The list includes two sets of numbers: "Present Need" and "Prospective Need." Present Need refers to renovating existing substandard units while Prospective Need refers to the number of new units that each municipality must create. Whi…
Real Estate
Why This NJ Cape Is Realtor's Hottest Property
Elizabeth Morris is having no trouble at all selling the property at 11 Mayfair Dr. At approximately 1,100-square-feet with three bedrooms and two bathrooms, the West Orange Cape Cod house is, well, ordinary. But it's updated. It's in a quiet neighborhood with good school systems. Oh, and it's affordable. "It's a sad function of our market right now," said Morris, of Prominent Properties Sotheby's International Realty, speaking to the high price point of residential real estate. "There's no inventory and virtually none under $500,000 for a single-family home." According to Roc…
News
Bringing Affordable Housing To NJ Just Got Easier: Are You For Or Against It? (
Poll
)
New Jersey is hoping to become a national leader for affordable housing. Last week, Gov. Phil Murphy signed into law a bill making it easier for municipalities to get funding to build more affordable housing and track its progress in meeting its benchmarks, under the Mount Laurel affordable housing doctrine. "We will be able to create more certainty and lower costs in New Jersey’s affordable housing landscape," Murphy said of the legislation. The Mount Laurel doctrine was created after the New Jersey Supreme Court ruled in 1975 that every municipality must "make realistically possible an a…
News
'AI Moonshoot' Among Murphy's Ideas To Make Life More Affordable For NJ Residents
Gov. Phil Murphy sees New Jersey as a future global leader in artificial intelligence, while balancing the urgent financial needs of families during his 2024 State of the State Address. In his speech on Tuesday, Jan. 9, Gov. Murphy spoke about "an era of unease and uncertainty" defined by economic recovery during the COVID-19 pandemic, along with wars in Israel and Ukraine. He also talked about how higher costs of living are the biggest challenges for many families. "Making life more affordable for more families is our highest priority," said Gov. Murphy. "We need to recognize t…
Lifestyle
Bon Jovi Surprises Fans At Chili Cook-Off
Jon Bon Jovi made a surprise visit to a chili cook-off at JBJ Soul Kitchen. There was a fierce competition among a dozen first responder teams — and Bon Jovi made it a point of sampling each team's chili while mingling with the crowd, Toms River Online reports. The event marked JBJ Soul Kitchen’s 7th Annual Chili Cook-Off on Hooper Avenue in Toms River. A Sayreville native, the rocker founded his Jon Bon Jovi Soul Foundation in 2006 to help combat hunger, poverty and homelessness. Diners pay a donation for American bites at Jon Bon Jovi's community restaurant chain. The Hooper Avenue lo…
News
$176M Revamp Of Hoboken Waterfront Under Way (NEW
Photos
)
After more than 15 years, work has begun on the Hoboken waterfront's revitalization project. Hoboken Mayor Ravi Bhalla shared new renderings of project costing $176 million in state funding, and called it a "long time coming." Some additional renderings of what will become the new Hoboken Terminal, as a part of a major redevelopment project undertaken in partnership w/ @GovMurphy & LCOR. The project will include new retail & office space, a revitalized Warrington Plaza, new modern bus terminal + more. pic.twitter.com/XDlnt0jdS2 — Ravinder S. Bhalla (@RaviBhalla) October 8, 2022 …
Real Estate
Shuttered Lord & Taylor Store Could Become Bustling Downtown For This North Jersey Town
The shuttered Lord & Taylor store in one North Jersey township is in the process of being transformed into a vibrant and bustling downtown area. The department store's owner, HBC, along with Streetworks Development, presented their plan for the 730,000-square-foot space and municipal lots known as "One Westfield Place" at the Westfield council meeting Tuesday, Sept. 20. Mayor Shelley Brindle said the project could be historic, and is the culmination of more than three years of collaboration and community input. Brindle noted an increased urgency to revitalize the downtown afte…
Sports
Shaq Gets Nostalgic During Jersey City Visit
Shaquille O'Neal stopped by his old Jersey City stomping grounds. The NBA legend posted a series of photos to his Instagram page that show him standing outside of the Oak Street home across from PS 14. View this post on Instagram A post shared by DR. SHAQUILLE O'NEAL Ed.D. (@shaq) "Chilltown JC guess who's back #OAKST BOYZ no 14 school love y'all," he wrote. O'Neal has been in the area as he unveils his Newark projects. One, the refurbishment of the David L. Warner Park's basketball courts dubbed "Comebaq Court." The other, the 777 McCarte…
News
Mulch Fire Doused Outside Mahwah Housing Development
Firefighters doused a mulch blaze that spread to a Mahwah affordable housing development before it could do severe damage. The two-alarm fire broke out at the Ramapo Brae development off Stag Hill Road near Route 287 and the Ramapo RIver around 8:30 p.m. Friday, April 29. Township firefighters doused the Brae Lane blaze after it extended to one of the buildings. The main body was knocked down shortly after 9 p.m. and the fire was declared under control under an hour later. No injuries were reported. The official cause wasn't immediately determined. Mutual aid responders either at t…
Real Estate
Jersey City Moves Forward With Largest Mixed-Income Development Site In Tri-State Area
The first phase of the redevelopment plan for Jersey City's Bayfront property -- the largest mixed-income development site in the region -- was announced Tuesday amid the coronavirus pandemic. The Bayfront Redevelopment Plan will transform the once contaminated site along the Hackensack Riverfront into the centerpiece of the West Side revitalization, Innovate JC said in a release. Jersey City expects to break ground on Bayfront's infrastructure work in the fall. Phase one consists of the development of four parcels within the area upon which a total of 1,092 units will be built in mu…
Police & Fire
Feds: Hudson Accountant Swiped Hundreds Of Thousands From Englewood Affordable Housing Corp
A Hudson County accountant embezzled hundreds of thousands of dollars from a non-profit corporation dedicated to providing affordable housing to Englewood residents, federal authorities said Tuesday. Yezenia Castillo, 44, of Hoboken, was charged with four counts of wire fraud for “using her position as the accountant for the non-profit company to issue unauthorized checks made payable to herself or entities she controlled,” U.S. Attorney Craig Carpenito said. Although federal authorities didn’t publicly identify the company, Daily Voice learned that Castillo worked for the Great Englewood H…
Real Estate
Affordable Housing Units Coming To Rosie O'Donnell's Former Bergen County Property
TV personality Rosie O’Donnell’s former property in Bergen County will soon be transformed into affordable housing units. The project, approved by local officials Feb. 10, is the settlement to a lawsuit that claimed that the Borough of Saddle River systematically enforced zoning policies to exclude working families and people of color. The five-acre estate on E. Allendale Road, as well as two adjoining lots, will become an inclusive development with eight homes that will remain affordable to working families as per a landmark agreement with the Fair Share Housing Center. Three new affordab…
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