That’s the dilemma before New Jersey taxpayers, said Marc Pfeiffer, assistant director at the Rutgers University Bloustein Local Government Research Center: “(Taxpayers) may be getting a bargain, but the price of that bargain is that you might have individuals who seem excessively compensated, either on a day-to-day basis or for pension purposes.”
NJSPL: Identifying & Examining NJ Corporate Home Ownership
The phrase "corporate landlord" is often used to refer to large corporate entities backed by private equity funds and Real Estate Investment Trusts. In researching corporate home ownership throughout seven municipalities in New Jersey, researchers found that some...