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Jersey City Shadowed by 15% Tax Hike as Boomtown Faces Reckoning

Bloomberg

BusinessBloomberg·Jul 9, 2026·1 min read

Jersey City Shadowed by 15% Tax Hike as Boomtown Faces Reckoning

Bloomberg's Nic Querolo joins Katie Greifeld on "Bloomberg Real Yield." After decades of drawing in tens of thousands of new residents as gleaming apartment towers rose near the Hudson River waterfront across from Manhattan, Jersey City has suddenly found itself teetering on the financial brink. (Source: Bloomberg)

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