May 13, 2025 - 08:34
NEWARK — Mayor Steven Fulop has been vocal about his disdain for what he calls a “corruption tax,” yet evidence suggests that this term might be more reflective of his administration's practices than a genuine concern for taxpayers. The reality in Jersey City appears to be that developers are expected to contribute significantly to Fulop's campaigns and super PACs as part of the cost of doing business.
In exchange for these financial contributions, Fulop is accused of prioritizing the interests of real estate developers over those of the city's residents. Critics argue that this arrangement undermines the integrity of local governance and places an undue burden on taxpayers. The implications of these actions raise questions about transparency and accountability in city leadership.
As development projects continue to reshape the landscape of Jersey City, the fallout from this perceived favoritism could have lasting effects on the community. Residents are left to wonder whether their needs are being sidelined in favor of lucrative deals for those with deep pockets.
July 21, 2025 - 04:42
Remembering John Yemelos: A Visionary in New Orleans Real EstateJohn Yemelos, a prominent real estate developer in New Orleans, has passed away at the age of 82. Known for his remarkable contributions to the region`s architectural landscape, Yemelos played a...
July 20, 2025 - 18:37
Major Legal Firms Involved in €1B Real Estate and Healthcare Transactions in SpainIn a significant development in the Spanish real estate and healthcare sectors, Neinor Homes is pursuing a takeover bid for rival Aedas Homes, enlisting the expertise of prominent legal firms...
July 20, 2025 - 03:02
Real Estate Market Sees Strong Sales in Greater AkronIn a notable week for the Greater Akron real estate market, fifty-seven properties were sold for $500,000 or more during the week of May 27, 2025. This surge in sales reflects a growing demand for...
July 19, 2025 - 02:16
North Olmstead Real Estate Agent Sentenced for $7.3 Million Ponzi SchemeA real estate agent from North Olmstead has been sentenced in federal court after admitting guilt to charges of securities and wire fraud. The agent was implicated in a Ponzi scheme that defrauded...