The group had advised tenants in recent weeks that their monthly rents would be increasing, some as much as 25% to 30%.
The management of a Hoboken luxury apartment building is walking back planned rent increases of up to 30%
after stunned tenants pushed back and local officials, including the mayor, put pressure on the company. The Bozzuto Group, which manages the Park + Garden, Bexley and Artisan buildings in Hoboken, has told at least one tenant and city officials it will reconsider its rate hikes. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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