- SEC Looking into Jersey City Hedge Fund: Yorkville Advisors, which recently reported $864 million of assets under management, has disclosed to investors that it provided information to the Securities & Exchange Commission at the direction of securities regulators.
- Decapitated Body Remains Unidentified: Homicide detectives have not yet been able to identify the decapitated, decomposed [...]
- Christie’s Proposed Budget Unveiled: Gov. Christie unveiled a Fiscal Year 2011 budget that relies almost entirely on spending cuts to close a deficit he asserts is approaching $11 billion. Among other things, Christie is calling for the layoffs of 1,300 state workers, closings of state psychiatric institutions, an $820 million cut in aid to [...]
- Former deputy mayor Leona Beldini is facing a slew of additional charges related to the federal corruption probe. Beldini, who is accused of promising to help a federal informant secure building approvals for a development project in exchange for $20,000 in illicit campaign contributions to Mayor Healy, is now charged attempted extortion and accepting [...]
- A 29-year-old Jersey City man jumped to his death off the New Jersey Turnpike extension yesterday.
- Officials at the Jersey City Medical Center are seeking the public’s help to identify an 89-year-old Asian woman suffering from dementia who walked into the hospital early on Wednesday.
- NJCU students, faculty and staff react to the election [...]
- As the City Council prepares to have its caucus meeting today, there are questions about whether or not council president Mariano Vega will keep his job. He no-commented the Journal last week when asked about the push — led by Ward E councilman Steven Fulop — to have him resign his post. Ward A [...]
- The Harvey Smith campaign is blasting developer Steve Hyman’s latest plan for the 6th Street Embankment, saying it “makes a mockery of our city’s legacy and dismisses the heroic efforts of groups like the Embankment Preservation Coalition.”
- The Star-Ledger’s resident curmudgeon Paul Mulshine once again takes Jersey City to task for receiving special state [...]
- The state is proposing to stop requiring performance audits in the future for municipalities like Jersey City that receive extra financial aid from the state due to their fiscal distress. The current set of audits will begin being released to the public next week. Meanwhile, Jersey City remains the target of conservatives’ rage on [...]
- Senate Republicans are criticizing the “Special Municipal Aid” awarded by the state’s Local Finance Board to financially struggling cities. Legislators are singling out Jersey City, which received $5 million, arguing that such support rewards bad management without demanding accountability or improvement. “Jersey City, a town with at least 23 employees who earn more than [...]
- Jersey City, like all other New Jersey municipalities, will get less state aid from the budget this year — nearly $2 million less, a 2.5 percent reduction from last year’s package. While the cuts are not as drastic as they might have been, this year’s reductions in municipal aid come on top of bigger [...]
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