Official Press Release: City Council Responds to 50% Increase To Community Giveback From Hoboken Hilton Project

City Council Responds to 50% Increase To Community Giveback From Hoboken Hilton Project

October 9, 2018, 12:57 pm | in 
October 9, 2018
“We are happy to see that collaboration with the mayor and the developer has resulted in a 50% increase in the community give back to $4.5 million and that the scope has been expanded to include critical infrastructure, affordable housing, and charter schools.  Additionally, KMS also committed today to fund immediately the much needed feasibility study to officially launch the restoration project for the former YMCA so that it can be shovel-ready when the remainder of the give back is paid after the hotel opens.  This is what is possible when our city works together.”

Contact:

Councilman Peter Cunningham                  201-562-7071
Councilman Mike DeFusco                         646-372-4341
Councilwoman Tiffanie Fisher                    201-208-1674
Council Vice-President Jen Giattino           201-780-6779
Council President Ruben Ramos               201-401-7947
On Mon, Oct 8, 2018 at 10:00 AM Tiffanie Fisher <hoboken2nd@gmail.com> wrote:


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