The New York Times has had its eye on Jersey City for quite awhile now, and last week they took a serious look at Jersey City’s downtown, Journal Square, and Bergen Lafayette neighborhoods. The article is a tour de force looking at the city’s rapid gentrification through the eyes of Kathryn Moore (President of the Powerhouse Arts District Neighborhood Association), Jonathan Kushner (President of the KRE Group, which is redeveloping JSQ), Oona Jackson Moore (President of the Van Vorst Park Association), (co-owner of Jersey City Fishstand), and Mayor Steven Fulop. A few interesting tidbits/quotes:
In 2015, the average price for a condo downtown was $685,161, nearly three times as high as in Journal Square, where the average price was $233,800. And the average rent for a one-bedroom downtown was $2,465 a month last year, compared with $1,593 a month in Journal Square, according to data provided by JCity Realty.
40% of Jersey City’s schools fail to meet state standards. The graduation rate of 73% lags behind the state average of 90%.
“I used to see more diversity — much more diversity — and I see less of it now. I’m all for development, but I want to see a balance where you don’t see people being displaced.” —Oona Jackson Moore, President of the Van Vorst Park Association.
Although the article hits on a lot of important themes — such as crime, rapid gentrification, and education — it misses the opportunity to put public pressure on the epic failure that is the Port Authority Path system. With so many new developments and residents moving in, how will the Path trains manage to transport everyone to-and-from New York City when they can barely do it today. That’s a question that no one seems able — or willing — to address. —NYT