The short answer, yes. And with the loss of SALT deductions, property tax may cost the state even more Thursday, January 18 Morris A. Davis Property taxes in New Jersey seem at least 30% too large compared to nearby similar states. My back-of-the-envelope calculations suggest a difference of $1,800+ per year per home-owning household. With about 2 million of these households, local governments overspend by $3.6 billion dollars per year of property tax revenue. More...
Urban Revival
Low-income housing programs that work: Part II Thursday, January 11 Stephen Malpezzi Last week’s analysis of vouchers assumed that producers and consumers of subsidized housing are a small part of the market, and hence don’t affect overall housing prices or rents. What if that’s not true? What if the costs and/or benefits of subsidies, of whatever kind, spilled over into the broader housing market? More...
Urban Revival
Low-income housing programs that work: Part I Thursday, January 4 Stephen Malpezzi What are the most effective ways to attack low-income housing problems? We’ll examine many solutions in the months ahead in this blog, including but not limited to public housing, tax credits and deductions, interest subsidies, land use and development regulations, and today’s choice – direct cash subsidies (“vouchers”). More...
Urban Revival
How DMR Architects took ‘design’ into multiple business areas Thursday, December 21 Kevin Riordan In a continuing series of interviews with members of the Rutgers Center for Real Estate’s Advisory Board and Emerging Leaders Council, Kevin Riordan of the Center sat down with Lloyd Rosenberg AIA, President & CEO of DMR Architects, for insights and perspectives on his firm and business model. More...
Urban Revival
Why redevelopment is the state’s best viable long-term growth vehicle Thursday, December 14 Ted Zangari With desirable developable acreage alarmingly scarce, what’s left to feed New Jersey’s economic engine? Challenging redevelopment sites in our suburban downtowns and urban central business districts, along waterfronts, on brownfields, and around and above transit hubs. More...

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