Asm. Space: Urban Tax Abatements prevent Property Tax Relief for all New Jerseyans

WASHINGTON, D.C. – October 18, 2013 – (RealEstateRama) — Once again, Jersey City is looking for more tax breaks. As the Wall Street Journal recently reported: “Jersey City’s gleaming corporate towers and luxury residential skyscrapers were built in the past three decades with the aggressive use of tax breaks that helped transform its waterfront district.”