Please ensure Javascript is enabled for purposes of website accessibility

Author Archives: Daniel J. Munoz

Newark officials warn against gentrification side-effect of opportunity zones

A panel of speakers, featuring Newark Alliance President and CEO Aisha Glover and Newark Mayor Ras Baraka, at the 2019 Forbes Opportunity Zones Summit in Newark in May 2019.

The feature of the 2017 federal tax cuts could be a massive boom for cities, but they need to be done in a way that they do not gentrify the city and push out longtime residents, Newark Mayor Ras Baraka said Tuesday at the Forbes Opportunity Zone Summit in Newark. “This whole concept of equitable development is constantly something that mayors have been struggling with all over the nation."

Read More »

Norcross attorney letter to Murphy, task force homes meant to ‘threaten them’

The attorney for South Jersey power broker George Norcross sent letters to the homes of Gov. Phil Murphy and his administration demanding they preserve documents related to the controversial tax break program they are investigating, a move which could signal a lawsuit in the near future. In response, Jim Walden, counsel for Murphy’s Tax Break Task Force, lambasted the move ...

Read More »