What Does 1.88 Students Look Like?

On Wednesday night, the City Council approved an 80-unit abatement in downtown Hamilton Park.  Here are some of the specs on the property: located at 9th & Brunswick in downtown Hamilton Park a community the abatement will extend for 20 years contain 80 units, including 20 3-bedroom units and 35 2-bedroom units 1.88 kids from the building will attend...

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A Concerned Parent Addresses City Council re: Classroom Shortage in Jersey City

The letter below was read into the City Council record on March 26, 2014 by Sarah Welt, a downtown mom with a child who is eligible for public pre-K this coming fall.  Sarah has been instrumental in informing many parents in downtown about the PS 37 annex issue.  Sarah waited five hours to speak during the public...

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Tax Abatements 401: The Transparency Issue

In his 2010 report, “A Programmatic Examination of Tax Abatements,” NJ Comptroller A. Matthew Boxer highlighted numerous weaknesses with abatements.  One issue he touched upon was transparency.  He stated, “Information concerning abatement…is not published in a transparent manner or centralized location, making it difficult to impossible for the public to compare, calculate the effect...

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Tax Abatements 201: Abatement Impact on Conventional Taxpayers

This is Article #2 in my series about abatements, which focuses on the impact abatements have on conventional taxpayers.  My first post, “Abatement Basics,” is located here.  How important are abatements to Jersey City residents?  The answer: extremely important.  Abatement revenues – also known as PILOTs, or “payments in lieu of taxes” – have increased from 3%...

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