Category Archives: Politics

Another day another tax

From NJ101.5: WHY FEWER CHEAP FLIGHTS MIGHT BE FOUND AT NEWARK AIRPORT Your chances of finding a cheap flight out of Newark Liberty International Airport could soon go down dramatically. You may want to expand your search to John F. … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics | 103 Comments

Glutton for punishment

From the Star Ledger: Election 2018: N.J. voters OK $500 million for school security, water improvements New Jersey voters on Tuesday approved a proposal to borrow $500 million to expand vocational schools and bolster security across K-12 school districts, according … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate, Politics | 158 Comments

NJ Transit will do a great job

From NJ Spotlight: NEW NJ TRANSIT DIVISION TO TAKE ADVANTAGE OF HEFTY REAL ESTATE PORTFOLIO New Jersey Transit is among the mass-transit agencies that rely the most on fare revenues, according to a recent audit, which suggested a hefty real-estate … Continue reading

Posted in New Development, New Jersey Real Estate, Politics, Where's the Beef? | 76 Comments

SALT cap hits the Northeast … hard

From Bloomberg: Housing Is Tanking in the Northeast. Guess Why. Sales of new single-family houses were down 13.2 percent in September from a year earlier, the Census Bureau reported Wednesday. That’s a lot — the biggest year-over-year percentage decline since … Continue reading

Posted in Economics, National Real Estate, New Jersey Real Estate, Politics, Property Taxes | 70 Comments

Big Spender

From the Star Ledger: $170M Bayfront plan given final OK by Jersey City council A $170 million plan that city officials say will give them more control over the redevelopment of a formerly contaminated swath of waterfront land cleared a … Continue reading

Posted in Gold Coast, New Development, New Jersey Real Estate, Politics | 33 Comments

Murphy taxes online sales

From InsiderNJ: Now Law: Burzichelli & Moriarty Bill to Require Marketplace Facilitators & Certain Remote Sellers to Pay NJ Sales Tax Legislation sponsored by Assemblymen John Burzichelli and Paul Moriarty to ensure a level playing field between brick-and-mortar businesses and … Continue reading

Posted in Economics, New Jersey Real Estate, Politics | 128 Comments

Home rule crippling NJ’s future

From NJ Spotlight: THE CHALLENGE FACING NEW JERSEY’S SUBURBS: ‘ADAPT IN ORDER TO SURVIVE’ Could suburban communities really empty out if officials don’t plan better to meet the demand for vibrant, walkable neighborhoods? If recent population settlement patterns continue, and … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate, Politics | 118 Comments

The tax on shore rentals nobody knew about

From the Star Ledger: Summer-rental bill turns homeowners into tax collectors Former state Sen. Ray Lesniak recalls that when he was a kid his family would head down to Wildwood every summer looking for a vacation rental. “We’d just knock … Continue reading

Posted in Politics, Property Taxes, Shore Real Estate | 67 Comments

Fighting against the “look” of urbanism

It’s ok, it’s less ‘urban’ if we make it look like a completely fake “farm”. From the Record: Montvale Planning Board members call plans for Mercedes-Benz site ‘too urban’ The housing and shopping center design for the former Mercedes-Benz headquarters … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 48 Comments

More like “Land of the Lost”

From ROI-NJ: Murphy tells ROI: ‘We’re the land that time forgot here in terms of the development of this economy’ Following in the footsteps of the president under whom he served, Gov. Phil Murphy is trying to bring an innovation … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics | 72 Comments

Sky is the limit for NJ … taxes

From the Record: Analysis: NJ economic growth won’t sustain Murphy’s agenda, adding pressure to raise taxes Fresh off striking a budget deal that included $1.6 billion in new taxes, Gov. Phil Murphy said he was banking on strong economic growth … Continue reading

Posted in Economics, New Jersey Real Estate, Politics | 36 Comments

Are PILOTs good or bad?

From ROI-NJ: Is fixing PILOT regulations a way to fix school funding? Marc Pfeiffer, assistant director at Rutgers University’s Bloustein Local Government Research Center, said the last time payments in lieu of taxes were addressed in the state was 1992. … Continue reading

Posted in New Development, New Jersey Real Estate, Politics, Property Taxes | 37 Comments

Nothing will be done

From the Star Ledger: Huge change for N.J.: Public worker benefit cuts, merging schools, more toll roads pushed by top lawmaker Frustrated by endless growth in property taxes and public worker benefit costs, New Jersey’s most powerful lawmaker earlier this … Continue reading

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 89 Comments

Other peoples money

From the APP: Tax relief better be on the horizon if Phil Murphy wants to get re-elected For more than a decade, the Asbury Park Press has been a tireless advocate for property tax relief. We have written dozens of … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes, Unrest | 26 Comments

Blue states throw Republican strategy right back in their face

From Above the Law: States Are Suing For Their SALT Deductions Back Under The 16th Amendment The Republican tax bill famously capped the deductions for state and local taxes (SALT) at $10,000 for the purposes of federally taxed income. The … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 88 Comments