[drumz0rz]

Jersey City is definitely pro-development. They're wise to realize that the market is waking up to the fact that JC is closer to Manhattan than most of the outer boroughs. People (millennials mostly) are flocking to the city, so why not try to capture as much of that as possible?

The trade off is that they're giving out multi-year tax abatements to the developers so they're bringing in lots of new residents without increasing the tax revenue to fully support them all. The good news is that they have scaled down the length yet it hasn't seemed to slow developers down at all.

Another benefit JC has going for it (specifically the waterfront areas) is that the infrastructure was built out to support heavy industry, so adding thousands of new units isn't going to overburden the existing utilities allowing new buildings to go up much faster without needing to wait for the supporting infrastructure to catch up.