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Re: Two new hotels slated for Jersey City
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Besides the 1% profit they plan on providing 125 jobs (Holiday Inn Express) in construction. At the debate, Earl Morgan read how JC minority residents are not getting construction jobs. That is probably true for non-minority JC residents, too. Where would you park even half that amount of cars for workers? It is just another fairy tale.

Posted on: 2015/5/27 0:31
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Re: Two new hotels slated for Jersey City
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A 1% profit? They got to be kidding, especially in the area.

Posted on: 2015/5/27 0:04
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Re: Two new hotels slated for Jersey City
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I just left the caucus meeting, Councilman Yun questioned the low profit these hotels claim they will make. Yun did not believe a $8.7 million hotel will only make $100,000 in profits. He is an interesting councilman, nothing escapes him.

Posted on: 2015/5/26 23:57
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Re: Two new hotels slated for Jersey City
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There's a Hyatt House being built across from the elevator section of the Exchange Pl PATH station. It's in that partially condemned building where some roof or ceiling collapsed a few years ago.

Posted on: 2015/5/26 23:32
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Re: Two new hotels slated for Jersey City
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Will the public see how much profit these hotels will make? Of course not, so why should we subsidize them?

Posted on: 2015/5/26 16:18
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Re: Two new hotels slated for Jersey City
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"Hyatt under construction at Exchange Place" ? Hasn't that one been there for years?

Posted on: 2015/5/26 15:11
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Re: Two new hotels slated for Jersey City
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That will mean the end of Burke's Bar, say it ain't so!

Robin.

Posted on: 2015/5/23 4:14
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Two new hotels slated for Jersey City
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Two new hotels slated for Jersey City

By Terrence T. McDonald | The Jersey Journal The Jersey Journal 
May 22, 2015 at  5:51 PM

JERSEY CITY — Two new hotels are coming to Jersey City, a five-story, 87-room hotel slated for a mostly vacant lot outside of the Holland Tunnel and a seven-story, 75-room one on Tonnele Avenue at Secaucus Road.

The two new tourist spots will join a Hyatt hotel under construction at Exchange Place and a Marriott proposed for a lot adjacent to the Grove Street PATH station on Marin Boulevard.

Construction on the roughly $8 million hotel near the Holland Tunnel — on 14th Street in between Marin Boulevard and Manila Avenue — is estimated to begin next month and last for two years. The $6.1 million Tonnele Avenue hotel will take 12 months to build, and there is no estimated start date yet. In total they will generate about 280 construction jobs and 80 permanent full-time jobs, the developers estimate.

Both hotels are set to receive 20-year tax breaks from the city. The City council is set to give them initial approval next week.

Read more:  http://www.nj.com/hudson/index.ssf/20 ... ey_city.html#incart_river


Posted on: 2015/5/23 3:39
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