New Jersey Apartment Summit Preview: Q&A with Vivek Singh on Rent Control in Jersey City
JERSEY CITY, NJ -- Mr. Vivek Singh, Esq. has over fifteen years of experience in real estate investment, financing, management, construction and development. As a Member of Sandalwood Holdings, LLC he is involved in the management of an extensive commercial and residential real estate portfolio throughout northern New Jersey. Mr. Singh is also the Executive Vice President of Operations for CVV Construction & Development, LLC where he is responsible for residential and commercial construction. Mr. Singh is a licensed real estate attorney in New York and New Jersey with his own law firm and formerly with the law firms of Gibbons P.C. and Podvey Meanor, P.C. In advance of CapRE’s New Jersey Apartment Summit, we connected with Vivek about one of the hottest topics in Jersey City – rent control. CapRE: Thank you for chatting with us today. We’re looking forward to hearing your thoughts on the controversial issue of rent control. Please share with our reader a bit about why you’d like to chat about this today. Singh: Rent control is a hot topic and it’s becoming increasingly important and divisive lately due to misinformation. I’d like to talk about it now though because rent-controlled assets are going to be a topic which can help alleviate the increasing tax burden that is about to be felt on more of these market properties. The topic all over the news is that gentrification is bad and we lack affordable housing. Tenant associations…
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