Real Estate
Rent Control Amendment: 'No' Vote Leading In A Landslide In Hoboken
Should Hoboken modify its rent control ordinance? A landlord group suggested changes, but tenants appear to have successfully fought back.
Updated 12:05 a.m. Wednesday
HOBOKEN, NJ — Should Hoboken modify its rent control ordinance? A landlord group suggested changes earlier this year, and gathered enough signatures to put an amendment on the ballot. Hoboken's 1973 Rent Control Ordinance keeps rents to a certain percentage (usually less than 5 percent), but allows increases for various circumstances.
Find out what's happening in Hobokenfor free with the latest updates from Patch.
Updated Vote Count
With 98 percent of districts reporting, just after midnight Wednesday the numbers were:
Find out what's happening in Hobokenfor free with the latest updates from Patch.
- YES (for the change): 5,629
- NO (rejecting the change): 15,184
With ballots mailed in as late as 8 p.m. Tuesday, final numbers may not be known for days. Check the Hudson County election website here for updates.
A landlord group suggested the change this year, forcing the matter to a public ballot. They encouraged voters to choose "Yes" to make the change, while pro-tenant groups and top Hoboken officials came out for a "No" vote.
The public question would allow landlords to get a one-time decontrol when a current tenant leaves an apartment, and landlord must contribute to an affordable housing fund. Critics say this will just lead to more landlords pushing tenants out, because they can get a larger rent increase when a long-term tenant leaves. And it could be years before new housing is built.
Further Reading
- You can read the language of the statement at the very end of this story.
- Read a story about tenants in modern Hoboken here.
- See the New Jersey voter information here.
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