A group of Hoboken elected officials have three weeks to forge a compromise on the city’s rent control laws and avoid a public referendum in November. But first they have to come to the negotiating table, the city’s leading landlord group says.
The Mile Square Taxpayers Association (MSTA) is looking to loosen rent control regulations in the city via the ballot box after its petition was approved two weeks ago. The Hoboken City Council and the mayor now have the choice of either passing the MSTA’s proposal into law, reach a compromise or let the voters decide at the polls.