Newark Looks to Land Bank to Help with Revitalization
The Newark Land Bank is the first to launch in New Jersey after Governor Murphy signed enabling legislation in 2019. Land banks are designed to help cities dispose of long-vacant properties for a variety of purposes, from housing to commercial redevelopment and green space. When the Newark City Council voted to create a land bank last spring, Mayor Ras Baraka said it would give the city “the opportunity to be very creative, imaginative and expeditious about how we deal with properties that have been blighted for decades.” Read more about the Newark Land Bank.