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Cranbury Conservative
PostPosted: Mon, Jan 26 2009, 3:50 pm EST    Post subject: Re: NJ Senate Economy and Affordable Housing hearing live right now...

The Real Cost of Affordable Housing in New Jersey

The Mayor of Secaucus Dennis Elwell spoke of the real cost of affordable housing today and gave an example of the cost for businesses in Secaucus as he spoke in front of the New Jersey Senate Economic Growth Committee today.

During his comments he reference the dollars per square foot which affordable housing rules and regulations cost business in his town….

11.63 cent per square foot for warehouse space

17.29 cents per square foot for office space

5.67 Per square foot for Retail Space
Cranbury Conservative
PostPosted: Mon, Jan 26 2009, 3:17 pm EST    Post subject: NJ Senate Economy and Affordable Housing hearing live right now...

You can listen live right now via this link:

http://rmserver.njleg.state.nj.us/ENCODER6

As the Senate Economic Growth Committee which is headed by Senator Raymond Lesniak discusses the State of New Jersey's economy as well as the negative impact the affordable housing rules and regulations are having on the taxpayers of New Jersey.