RED BANK: GRANDVILLE RENT HIKE WEIGHED
Grandville Towers neighbors look on as resident Mary Cook, below, questions PRC vice president Tom Arnone, left. (Photo by Sarah Klepner. Click to enlarge)
By SARAH KLEPNER
The Red Bank Rent Leveling Board wrapped up testimony and public comment on a plan for upgrades and higher rents at Grandville Towers Thursday night, but held off on making a decision before next month.
Building manager PRC Group is seeking permission to impose rent surcharges to recover the costs of a proposed $3.6 million rehabilitation-and-upgrade project that has tenants fearing sharp increases.
