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Re: Jersey City to sue Port Authority for $400 million
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Home away from home
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2007/7/4 16:37 Last Login : 2021/11/4 21:55 From Hamilton Park
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It is fair to assume that the $400M are just a negotiating tool but it is nice to see again the new operating protocol of not accepting the previous status quo anymore.
Posted on: 2013/11/12 0:53
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Re: Jersey City to sue Port Authority for $400 million
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Home away from home
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Ha, I see many more "signal failures" in our future..
Posted on: 2013/11/11 22:35
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Jersey City to sue Port Authority for $400 million
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Home away from home
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Jersey City to file $400M lawsuit against Port Authority, citing 'unfair' tax agreements
By Terrence T. McDonald/The Jersey Journal Jersey City plans to file a $400 million lawsuit against the Port Authority of New York and New Jersey, saying ?outdated and unfair? tax agreements between the city and the bi-state agency have led the city to lose out on hundreds of millions of dollars in tax revenue. The city also alleges that the Port Authority has refused to enter into tax agreements on many of the 32 properties it owns in Jersey City, agreements that would lead to an extra $1.3 million in tax revenue for Jersey City every year. Efforts to address the tax issue with Port Authority officials have been met with silence, according to Mayor Steve Fulop. READ MORE
Posted on: 2013/11/11 22:26
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