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
“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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