As seen on: ROI-NJ.com
By Tom Bergeron
The panelists at the Opportunity Zone program were a bit bombastic when it came time to describe the potential the program has in low-income areas.
“Too good to be true,” said one.
“We’ve never seen anything like this,” said another.
Ted Zangari, head of the Real Estate Department at Sills Cummis & Gross and the person credited for bringing the Rutgers Center for Real Estate event together Monday in New Brunswick, summed it up this way:
“If ever there was an idea that challenged the notion that if something is too good to be true it probably is, it would be the Opportunity Zone program,” he said.
But for whom — and for where?