Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Flip-Flop-Fulop
Posted on: 2016/4/14 11:51
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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If it's political in nature, then I suspect it has more to do with placing himself in opposition to Sweeney-Christie, who are reconciling on this matter, than campaign contributions.
I don't see anyone on the "no" side that could match the developers and unions contributing in support of this.
Posted on: 2016/4/14 4:42
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Vigilante wrote: Quote:
Posted on: 2016/4/14 2:48
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Quote:
Stringer wrote:
Posted on: 2016/4/14 2:01
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Fulop rethinking support of North Jersey casino expansionBy Mayor Steve Fulop is expressing some new hesitance to support an expansion of casino gaming into northern New Jersey, after spending more than a year touting the idea as a way to boost the economy and create new jobs. Fulop visited Atlantic City today to talk to city officials and residents about the impact of casinos on the city and has come away much more pessimistic about the positive benefits of a casino in Jersey City, he said. "I'm not so sure today that this is in the best interest of our city," he told The Jersey Journal in a phone interview today. Read more: http://www.nj.com/hudson/index.ssf/20 ... north_jersey_casinos.html
Posted on: 2016/4/14 0:00
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Any person who actually owns property would have to be an idiot to want a casino within 25 miles of their home. Yes, you are stupid to embrace this idea.
Posted on: 2016/4/1 17:04
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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You should forget it, because it's not true. Casinos get that reputation mostly because in the past, they were often built in economically distressed areas. Casinos like Foxwoods, Dover Downs, Maryland Live etc are built in middle-class or affluent areas, and do not suffer from increases in crime or poverty. Plus, lots of people just don't like gambling, and smear it with whatever is handy. Anyway.... Quote: 1. The State is saying it may impose a tax of 40-60% on the casinos' revenue. So the bulk of the money made will not benefit Jersey City in any way. It will help the state and will certainly benefit the developers, but won't do a thing for JC residents. JC residents wouldn't see that money anyway. If it wasn't taxed, it'd go to the casino operators. I'd much rather have half the revenues to go the state than to the operator. Quote: 2. New York may open a gambling hall within the next few years. If that happens, there's absolutely no appeal to a casino in JC. We'd be stuck with a useless development. By that logic, no one should build anything in NJ. Or anywhere else, really. Besides, it's the operator who is truly taking the risks here. They're putting billions on the line, hoping to make billions more. There should be no question they saw what happened to Revel in AC. Realistically, the impact on the local economy and crime rates will be negligible. It won't employ a lot of people, it won't cause crime, it won't be a huge windfall for JC. The real questions are whether a given project is a good fit for a specific area. How will it affect traffic and views? What's the environmental impact? Does it fit into the local skyline?
Posted on: 2016/4/1 15:53
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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our mayor's gradual backtracking on casinos in jersey city is good to see.
Quote:
Stringer wrote:
Posted on: 2016/4/1 14:56
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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It's just as much of a pain to get there today as it was 5, 10, 15 years ago. Either drive a long time, or take a bus. The problem with AC today is that there is more competition. PA, Delaware, Maryland, all have casinos now. There's about 5 casinos in the immediate vicinity of Philly; 4 or 5 near or in Baltimore. Many are in nicer areas than AC. Online gaming is another source of competition.
Posted on: 2016/4/1 14:33
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Fulop: JC will be Fine ‘With or Without a Casino’
Jersey City Mayor Steven Fulop shot back at Gov. Chris Christie this evening in a statement following the governor’s press conference and repeated accusations that Fulop, acting in the role of a politically ambitious boss, has Speaker Vincent Prieto (D-32) on a short leash. “Clearly the Governor is not subscribing to the politics of maturity with the name calling and accusations,” Fulop said. “I’m not going to engage in a tit for tat name calling dialogue with the Governor as that doesn’t serve anyone. There is zero substance to his accusations and this amounts to nothing more than a temper tantrum. If the Governor wants to stop North Jersey gaming as a result of this tantrum as he is threatening, that is his choice and not a problem at all. “Jersey City will be just fine with or without a casino,” the mayor added.
Posted on: 2016/3/31 23:00
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Forget for a moment how a casino attracts all sorts of degenerates and scum and generally makes its surroundings more unpleasant. The article linked yesterday raises two practical reasons why this would be a horrible idea: 1. The State is saying it may impose a tax of 40-60% on the casinos' revenue. So the bulk of the money made will not benefit Jersey City in any way. It will help the state and will certainly benefit the developers, but won't do a thing for JC residents. 2. New York may open a gambling hall within the next few years. If that happens, there's absolutely no appeal to a casino in JC. We'd be stuck with a useless development.
Posted on: 2016/3/8 21:56
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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I mean, Atlantic City was a casino town for the car era. It's a pain to get to/from unless you're going for a weekend. It's why Macau grew so quickly during the Chinese boom - it was a very short trip from Hong Kong. A high-end JC casino would get a huge amount of traffic from visitors to Manhattan, and it would probably provide free 24/7 ferry service to get them here.
Posted on: 2016/3/8 21:19
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Shouldn't that be "on fleek" ?
Posted on: 2016/3/8 17:10
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Take a look at how big a tax bite N.J. may want from north Jersey casinosBy TRENTON — It's been a key question surrounding plans to expand casino gambling to the northern part of New Jersey: If voters approve the two new gambling halls, what tax rate would casino owners have to pay the state? On Monday, one of the proposal's leading advocates gave a hint. State Assemblyman Ralph Caputo (D-Essex) said at a public hearing on the plan that the state could impose a tax rate of 40 to 60 percent on the casinos' revenue. That's much higher than the 9.25 percent tax rate that Atlantic City's gambling halls pay. "As a guess, it would be 40 to 60 percent, as opposed to what we have now," Caputo said during the hearing held by the Assembly's judiciary committee. Read more: http://www.nj.com/politics/index.ssf/ ... no_tax_rate_could_be.html
Posted on: 2016/3/8 2:40
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Quote:
Stringer wrote:
Posted on: 2016/1/29 22:27
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Experts urge caution on expanding casinos to north Jersey By As state lawmakers push to expand casino gaming outside of Atlantic City, some economists and public-policy experts are urging them to slow down. With a shrinking customer base and a "saturated market," these experts say, it's uncertain that casinos in Jersey City and East Rutherford — two of the proposed locations — would attract many gamblers who would otherwise head to casinos in New York, Connecticut and Pennsylvania. "If you build it, it doesn't mean the customers will come," said Deb Figart, a distinguished professor of economics at Stockton University. Voters will ultimately decide in November. A measure expected to be approved by the state Legislature would place a question on the ballot asking voters whether the New Jersey constitution should be amended to allow casinos outside of Atlantic City. Read more: http://www.nj.com/hudson/index.ssf/20 ... ing_casinos_to_north.html
Posted on: 2016/1/29 22:07
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Re: 90 Story Casino in the Middle of Liberty State Park ?!?!
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This map is wrong. This link has the correct map. http://riverviewobserver.net/2013/09/ ... ols-back-school-festival/
Posted on: 2016/1/16 0:56
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Re: 90 Story Casino in the Middle of Liberty State Park ?!?!
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From the State of NJ DEP, Department of Parks and Forestry:
Posted on: 2016/1/15 21:10
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Re: 90 Story Casino in the Middle of Liberty State Park ?!?!
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The peninsula which runs parallel to the Hudson River Waterfront Walkway between the Liberty National Clubhouse and Port Liberte (the one with the little beach) belongs to LSP.
Posted on: 2016/1/15 21:08
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Re: 90 Story Casino in the Middle of Liberty State Park ?!?!
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Where did you get that LSP continues 2/3 miles past Morris Pesin Dr? LSP ends at the water's edge directly adjacent to Morris Pesin Dr. You are the first person I have ever heard claim such a thing. And, by the way, the State of NJ seems to disagree with your contention...
Posted on: 2016/1/15 20:56
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Web Master-
This is another case of needlessly merging threads. My original thread was about the location of the project (its use as a casino was only ancillary). I think that can merit a separate thread- particularly as my assertion was vigorously disputed. What is the point of knee jerk condensing of threads?
Posted on: 2016/1/15 19:10
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Re: 90 Story Casino in the Middle of Liberty State Park ?!?!
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Posted on: 2016/1/14 18:19
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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If someone really wants to game the vote, setting up a script to do so is infinitely simple. No need to "clear history" or "clear cache" to vote multiple times. I have developed many such scripts in the past for the purposes of testing web applications. Trust me, if the casino guys wanted to TRASH that survey with a glut of responses, they could it without having to pay more than just one guy to set up the script.
Posted on: 2016/1/14 16:03
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Re: 90 Story Casino in the Middle of Liberty State Park ?!?!
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Amici:
OK, chicken-little, hysterical, and (maybe) malicious, Mao here. In response: The proposed super tower is to go just north of the existing club house for Liberty National. If you click the prior links you?ll see it in the rendering from June 2015. Here?s a nice view of the whole thing from satellite. https://www.google.com/maps/@40.6908719,-74.065454,2236m/data=!3m1!1e3 This existing club house is on the cove south of Morris Pesin drive directly abutting the park which does not end at Morris Pesin drive but continues on for about 2/3 of a mile. This is, however, probably the loveliest part of LSP- the walkway along the cove at first is made up of pavers and provides a view of the estuary and water lands. After about a half mile, it becomes a wooden walkway that is raised above the ground- presumably to avoid flooding and environmental impact. To the east of this walkway are paths that go to a series of boardwalks that bring one through fresh water ponds filled with birds and other wild life such as woodchucks. There is then a beach of white sand that borders this area for about a mile south to Port Liberte. The beach is dissected by a fresh water stream. At low tide, the mud flats are accessible for an additional quarter to half mile. Also, recall that the golf course was put together for the Barry family and the Fireman family from a combination of public lands- that largest parcel being the old Caven Point Army base. I believe other portions had been owned by the NJ Turnpike authority. The golf course was sold as a private venture that would benefit all as a green space. There may be some validity to that. But the later 2010 amendments to the Liberty North Plan allow both Barry and Fireman to build a massive high rise development right in the middle of this green space- and yes, essentially in the park. How does this make sense from an urban planning vantage point. There are no high rises anywhere near here. There is no mass transit there (the Light Rail being west of there: https://www.njtransit.com/pdf/LightRail/sf_lr_hblr_map.pdf (It?s a little strange that the Light Rail map and many maps do not even show the southern part of the park. Remember, LSP was patched together through the use of eminent domain from derelict industrial uses. There remain private parcels. The largest is the light industrial park south of Thomas McGovern Drive, West of Freedom Way and North of Morris Pesin. My guess is that this is about 1/3 of a square mile or about 100 acres. The private parcels that Fireman and Barry want to develop next to the Clubhouse are far smaller- less than 20 acres. I believe that Liberty North addresses this area. These would seem to me to be among the most valuable private properties in the world. Their value derives from being surrounded by green space which the public has financed and by being on the water across from the capital of the world. These parcels could easily be added to LSP through eminent domain as rationally they would make sense as completing the park. However, if the City desires to leave it to private development, it should be creative and not a prostitute. How about zoning it to create a neighborhood like Central Park West. A series of buildings like the Dakota would be nice. https://en.wikipedia.org/wiki/The_Dakota But a 95 tower- no matter what its use? And Fireman and Fulop do seem intent on a casino. There is no way this comports with the current thinking in urban planning. See, for example, https://en.wikipedia.org/wiki/New_Urbanism This is not a pubic transportation hub like Newport, Exchange Place or Journal Square. Let them build the metro area?s tallest building in one of this high rise districts. Note too, that Journal Square and Exchange Place were historically the high rise area of Jersey City. Jersey City?s development is fantastic. The huge tower in Journal Square and the six others soon to follow are exciting. However, this intense development makes it only more urgent to safeguard LSP from being destroyed- particularly to benefit the Barry?s and the Firemans on the dime of the public. Finally, the Friends of the Park who have done such a great job, sometimes get in the way. For example, they consistently insist on passive use and oppose active use. Thus there are no ball fields, no tennis courts, no horse stable. There are only two play grounds in the entire park- and the second one required, if I recall correctly, a fight against the Friends. This makes no sense. The park should be used intensively like Central Park. Nature in it should be clearly subordinated to provding a resource for people. Thus one of the reasons that people don?t even know that the park continues south of Morris Pesin is that the Friends and LSP seem to be happier that no one goes there. Indeed, the beach is actually closed for most of the year to allow birds to nest. This is a absurd for an urban park. Fence off part of the beach, perhaps, but don?t close the entire thing. This lack of use is one of the reasons that things happen to the park that should not- like the huge dry dock on the north part of the park; like the failure to develop the interior; like this proposed 95 story tower. Mao
Posted on: 2016/1/14 14:53
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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those online polls are easily gamed.
Don't think for a second the pro-casino guys are above paying people to vote multiple times by clearing their history after each vote...
Posted on: 2016/1/14 14:07
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Interesting dynamics. The poll is now 53% against, 47% in favor, with about 1,200 votes. The opponents must've gotten wind of the poll after an early lead by the proponents.
Posted on: 2016/1/14 13:52
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Re: A casino in Jersey City? Venture capitalist wants to make it happen
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Quote: In recent days several analysts have warned that the global economy could suffer a repeat of the 2008 crash if the knock-on effects of a contraction in Chinese output pushes down commodity prices further and sparks panic selling on stock and bond markets. I'm not sure if at a time of uncertainty J City should spear head a casino development.
Posted on: 2016/1/14 3:33
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Re: 90 Story Casino in the Middle of Liberty State Park ?!?!
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Nothing to see here...
Mao, you are SERIOUSLY coming across as a Chicken Little type. None of what you said or posted indicates anything about construction in the park. The building described is for 100 Caven Point, which is SOUTH of the park. Adjacent? Yes. In the middle of the park? Not by a whole lot. Liberty Harbor is NOT in the park. Seriously, get a grip. While the construction proposed for Liberty Harbor North is not particularly great (the weird grid layout, and the weird numbering that re-purposes street numbers already in use) there is a whole lot of disingenuous crap (hopefully by mistake, or ignorance, and not malicious) in your post. Neither one of the projects you mention in your diatribe is at all IN THE PARK.
Posted on: 2016/1/13 23:57
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Re: 90 Story Casino in the Middle of Liberty State Park ?!?!
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Mayor Fulop is 100% supportive of the 95 story casino complex that Fireman wants to build directly alongside Liberty State Park.
Fulop wasn't fully supportive of the (then) proposed racetrack, or the (then) proposed Ferris Wheel. Today, he's not supportive of the way taxes and profits would be distributed under the Sweeney plan, as opposed to Prieto's plan. But be clear-he wants a casino in Jersey City, even if it's a behemoth glass tower directly adjacent to LSP.
Posted on: 2016/1/13 23:42
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