Commonwealth authorities have been negotiating with CoreCivic, one of the nation’s leading private corrections companies for the transport of prisoners to Arizona, in an effort to reduce the burden on the island’s antiquated prisons and jails—many of which were rendered uninhabitable by last year’s Hurricane Maria.
Beyond the ideological debates about prison privatization, privately run corrections facilities are likely to continue to be used by cash-strapped governments. In a new book, Lauren-Brooke Eisen of New York University says it’s time to explore how the private corrections industry can become a partner in reducing recidivism.
In 2013, the two dominant American private prison firms, Corecivic and the Geo Group, restructured as so-called “real estate investment trusts,” known as REITs. Under the GOP tax bill, taxes paid on REITs investments by individuals will be cut 25 percent.