Hoboken Tea Party

Tenants of the Hudson Tea Building have been facing higher rent increases over the last few months as the Toll Brothers, the buildings new owners, have pushed to convert the rentals to condominiums with million dollar price tags. The building was formerly rent control exempt under a plan to encourage more rental units in the area. If converted, the building would fall under rent control leaving some residents wondering if they are being forced out now, before the building falls under rent control. Ten tons of tea will be dumped into the Hudson River in protest.