hoboken

Mayor Ravi S. Bhalla and members of the Hoboken City Council today announced that Marineview Plaza has agreed to register its property under rent control, in an important win for tenants of the two buildings. This decision comes following discussions between the City and Marineview’s legal representatives, ensuring that the property owner’s rent increases remain compliant with both municipal and state laws.

Marineview’s attorneys have confirmed that the property will register under rent control for 2025. Additionally, they have represented that rents increased by approximately 3.6 percent in January 2024, with an additional 3 percent increase taking effect in January 2025. These increases align with the guidelines set forth by the City’s rent control ordinance and state regulations. The City and Marineview Plaza will work together over the next several weeks on needed steps management must take to register the buildings under rent control, and any additional instructions for tenants.

Additionally, as part of the ongoing efforts to protect tenants, City officials have also requested information regarding the number of vacant apartments at Marineview Plaza to assess potential violations related to unit warehousing, which is impermissible according to City law.

“I am very glad to share the news that Marineview Plaza will be registering under City rent control, a position that we have long held that will give much-needed clarity to tenants,” said Mayor Ravi S. Bhalla. “From the very beginning, my administration has been steadfast that any unjustified rent hikes will be fought, tooth and nail, by the City and our efforts have finally paid off.  I would like to thank Councilman Presinzano and the City Councilmembers for their partnership, as well as the Marineview landlord for their recent cooperation on an amicable resolution, as this has been a multi-year saga that is now coming to a resolution in favor of tenants.”  

“I want to thank the Mayor and his administration for listening to my ideas, that we need to be firm with MVP and get a solution for the residents quickly because year after year they faced unnecessary stress,” said First Ward Councilman Paul Presinzano. “This is a great example of how unity leads to the right outcome.”  

“Today’s outcome is a critical step in upholding Hoboken’s rent control laws and protecting tenants,” said Second Ward Councilwoman Tiffanie Fisher. “While not yet decisive, it marks important progress, and I appreciate the efforts of Mayor Bhalla, his administration, and Councilman Presinzano in pushing for this great outcome.”  

“Today’s decision reaffirms the importance of Hoboken’s rent control protections, ensuring that tenants at Marineview Plaza are treated fairly under the law,” said Third Ward Councilman Michael Russo. “I am pleased to see a just resolution to this matter and remain committed to working with the City, the tenants, and all stakeholders to find a long-term, sustainable solution that preserves affordability and stability for our residents.”  

“I’d like to thank the Administration and Councilman Presinzano for leading the charge to provide a unified front that helped us deliver a great outcome for MVP residents,” said Fourth Ward Councilman Ruben Ramos.  

“For years, Mayor Bhalla and his Administration have stood up for tenants under pressure by landlords who have refused to abide by Hoboken’s Rent Control requirements,” said Fifth Ward Councilman Phil Cohen. “I’m pleased that in this case, tenants of Marineview Plaza received important clarity that they are – in fact –protected by our Rent Control Ordinance. Congratulations to Mayor Bhalla on this result. My Council colleagues and I stand shoulder to shoulder with Mayor Bhalla to continue working to protect our Marineview Tenants and our tenants city-wide.”  

“This morning, I sat with Marineview residents in court as we heard the good news that building ownership finally admitted they are subject to Hoboken’s Rent Control laws and will register accordingly,” said At-Large Councilman Joe Quintero. “I thank Corporation Counsel for their hard work on this matter. I also want to thank the residents of Marineview Plaza for their strength and patience in dealing with this very difficult situation. While there is more work to do to ensure ownership continues to follow the rules, I’m committed to helping my friends in Marineview navigate this process.”

“The outcome of today's court hearing is a good one for Hoboken and the residents of Marineview Plaza, as the owners agreed to register with Hoboken's Rent Control Office - providing residents the assurance that they will have the protection of our local rent control laws,” said At-Large Councilwoman Emily Jabbour. “Thank you to the Marineview residents who joined me at the hearing this morning, and thank you to all of the Marineview residents for working with the City to address this issue and share accurate information with neighbors.”  

Once Marineview Plaza completes the registration process with the City’s Rent Control and Stabilization Office, provides the requested vacancy information, and the confirm rent increases remain within compliance, the City will move to dismiss all related summonses.