Yes. Simple solution to record low vacancy: build more homes. New construction relieves the pressure on other parts of the city and keeps other neighborhoods more affordable. Jersey City is doing its part, now other transit-rich parts of NJ and NY need to build more homes too.
Reposted from Steven Fulop
When ppl talk about Housing construction as key to the state’s affordability crisis few cities have experience like Jersey City.

Some more about 2024 in #JerseyCity- this one is Housing + Economic Development.

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