ECONOMY
How Climate Change Could Sink NJ’s Tax Base — and Not Just at the Shore
By 2050, high tides are projected to impact property with tax assessments of $6.3B
MICHAEL SOL WARREN and JOHN UPTON / NJ SPOTLIGHT – The glittering high rises and apartments of the Hudson riverfront can feel worlds away from the idyllic tourist towns dotting the Jersey Shore.
In Hoboken, a compact city where property values and taxes are high, its chief resilience officer, Caleb Stratton, is confronting a threat that the city shares with the Shore: climate change in a coastal environment …
