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Companies face financial turmoil as Totally plc enters administration and a Latin American chain shuts down, while Vijay Mallya reflects on Kingfisher's collapse amid controversy.

Jersey City's Mayor on How the City Built So Much Housing

BloombergThursday, June 5, 2025 at 8:00:38 AM
Jersey City's Mayor on How the City Built So Much Housing
Jersey City Mayor Steven Fulop, who's running for governor, sat down to explain how his administration managed to build a ton of new housing—something most cities struggle with. He talks about zoning changes, developer incentives, and how to balance growth with affordability.
Editor’s Note: Housing shortages are crushing cities everywhere, but Jersey City’s success offers a rare blueprint. If Fulop’s strategies can scale, it might actually help ease the affordability crisis—and boost his gubernatorial bid in the process.
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