Newark adopts rent control on new apartments that had been exempt

United States News News

Newark adopts rent control on new apartments that had been exempt
United States Latest News,United States Headlines
  • 📰 njdotcom
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

The 6-3 vote pit supporters who say rising rents were fueling a “housing crisis” in Newark, making the city unaffordable to longtime residents, against opponents who insist it will discourage new construction.

Last month the Councilafter Mayor Ras J. Baraka proposed it to address a growing affordability problem in the state’s largest city. Newark continues to lag behind the state in per capita income and other economic indexes while leading the state in people living in shelters and on the street.

Members of the public applauded the Council’s vote at the afternoon meeting, where several spoke in support of the measure. “The city has, in many respects, become a playground for outside investors,” Trout said of Newark. “The affordability crisis in Newark is getting worse and likely to get much worse over time.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

njdotcom /  🏆 282. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Del Mar introduces ordinance for SB 9 constructionDel Mar introduces ordinance for SB 9 constructionState law allows up to four housing units on most lots zoned for single-family housing
Read more »

Newark suspends 2 cops after photo appears to show them sleeping on the jobNewark suspends 2 cops after photo appears to show them sleeping on the jobThe president of Newark's Fraternal Order of Police Lodge 12, the officers' union, said he was concerned that the officers were suspended before the investigation was complete.
Read more »

Tuition-free Newark Boys Chorus School at risk of shutting down due to lack of fundsTuition-free Newark Boys Chorus School at risk of shutting down due to lack of fundsThe school's fundraisers the last three years were cancelled because of the pandemic.
Read more »

New York smoke forces ground stop, delay at LaGuardia and Newark airportsNew York smoke forces ground stop, delay at LaGuardia and Newark airportsThe Federal Aviation Administration has issued a ground stop at LaGuardia Airport in Queens and a ground delay at Newark Liberty International Airport in New Jersey.
Read more »

Wildfire smoke forces ground stop at LaGuardia airport, delayed landings at NewarkWildfire smoke forces ground stop at LaGuardia airport, delayed landings at NewarkFlights bound for LaGuardia airport in Queens were halted Wednesday due to wildfire smoke as landings at Newark Liberty International Airport in New Jersey were delayed, according to the Federal Av…
Read more »



Render Time: 2025-02-22 22:43:17