The glassy towers along the waterfront here are a reminder that this city of 302,000 is a rarity among its Northeast peers: It is a postindustrial town on a serious growth streak. Yet Jersey City is in trouble. Moody’s downgraded New Jersey’s second-largest city to a...
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Jersey City
Financial audit of Jersey City’s 2025 finances identifies $94M in deferred charges
“This audit is a serious document, and it deserves a serious response, not just from the administration, but from the entire governing body. The Chief Financial Officer will submit a corrective action plan to the council and the state Division of Local Government Services, as required. That’s a necessary first step, but it can’t be the last one,” Rutgers’ Center for Urban Policy Research Associate Director Marc Pfeiffer said in a statement.
Jersey City Shadowed by 15% Tax Hike as Boomtown Faces Reckoning
“The effects we are seeing here are decisions that were driven by political forces that were not in the best long-term financial interest of the city,” said Marc Pfeiffer, associate director of Rutgers University’s Bloustein Local unit of the Center for Urban Policy Research, who also serves as chair of the city’s budget advisory committee. “Now they’re coming due.”
Jersey City’s $250 Million Budget Hole Could Mean Higher Taxes for Homeowners
Marc Pfeiffer put it plainly: “When one-time revenue sources grow from 4.5% to over 25% of a city’s budget in just a few years, that’s a clear warning that budgets are being balanced on paper rather than in reality.”
Fines weren’t enough to keep Jersey City hospital open, so lawmakers aim to get tougher
“The idea was to monitor more closely,” Cantor said. “I don’t recall that we had discussions of imposing penalties, but just to have the state poised to be better positioned to predict when hospitals were getting into trouble.”
Marc Pfeiffer to Chair Jersey City’s Budget Advisory Committee
In a recent press release from Mayor-Elect James Solomon of Jersey City, Marc Pfeiffer, Senior Policy Fellow and Assistant Director of CUPR, was listed as the Chair of the Budget Advisory Committee.
EJB Talks: Alumnus Helps Rethink Jersey City’s Public Spaces
Dean Stuart Shapiro talks to alumnus Barkha Patel, MCRP ’15 this week on EJB Talks. She reflects on how the planning school fundamentals and communication skills she learned still form the basis for her work, and concludes with encouraging emerging planners to adopt an action-oriented mindset by becoming a person who figures things out and gets things done, even when they feel out of their depth.
Katie Brennan (MCRP ’12) Wins LD-32 Election for Jersey City
Katie Brennan (MCRP ’12) Wins LD-32 Election for Jersey City
City to Plug Budget Hole With $33M in Land Sales, Solomon is a no Vote
“It doesn’t make it a great practice, but it’s often necessary to meet competing demands,” said Pfeiffer, one being “sometimes” an interest from officials in keeping taxes low.
Katie Brennan (MCRP ’12) Wins LD-32 Primary Election for Jersey City
Katie Brennan (MCRP ’12) Wins LD-32 Primary Election for Jersey City