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Jersey City Faces Reckoning After 15% Tax Hike, Bloomberg Reports

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2026-07-09 19:13:28
Jersey City is facing financial strain after a 15% tax hike, after decades of attracting tens of thousands of new residents as apartment towers rose along the Hudson River waterfront across from Manhattan, according to Bloomberg.

Bloomberg’s Nic Querolo discussed the situation with Katie Greifeld on “Bloomberg Real Yield.”
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