Jersey City Mayor Fulop rules out eminent domain to take over…

first_imgJersey CityPolitics & Policy RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter TAGSdonald trumpjared kushnerone journal squaresteven fulop SHARE By Marc Bussanich – August 14, 2018 11:15 am 0 CarePoint Health reaches deal for Cigna Health Insurance to join their network Community Previous articleJersey City animal shelter seeking public’s help to identify man who smashed front windowNext articleWest New York Dem Committee chair hired as $90k chief of staff for county jail director Marc Bussanich Bayonne Jersey City high school teacher suspended after rant calling George Floyd ‘a f***ing criminal’ Jersey City Mayor Fulop rules out eminent domain to take over One Journal Square Jersey City Mayor Steven Fulop said that the city has no current plans to use eminent domain to take One Journal Square from the Kushner Companies during a community meeting last night. [fve]https://www.youtube.com/watch?v=u54laaviXec[/fve]During yesterday’s community forum at Hudson County Community College, the mayor answered numerous questions from New Journal Square Community Association President Bill Armbruster about ongoing and stalled development projects in and around Journal Square.Eventually, Armbruster asked the Mayor about the lawsuit filed by the Kushners claiming that the city was in breach of contract, and also personally suing the Mayor for defamation.The mayor began by explaining the basis of the lawsuit.“We defaulted the Kushner Company and they subsequently sued us on the default. The default was in the redeveloper agreement with the [Jersey City Redevelopment Agency],” he stated.“It has historically been a rare thing for the city to default somebody, but this is not the only case nor will it be the only case going forward as we have made a concerted effort and decision to be stricter with developers that once they ask for some sort of help from the JCRA we expect them to move forward on building the projects.He then specifically cited the One Journal Square project, saying that it was stalled for 10 plus years and “eventually came to a place where the rubber met the road and we defaulted them.”Back in April, Hudson County View first reported that the city and the Kushner Family were sparring over a tax break for the Kushners to develop the $800 million One Journal Square Project.The next day, Jersey City Redevelopment Agency Executive Director Diana Jeffrey explained how the firm, which formerly employed Donald Trump’s son-in-law Jared Kushner, defaulted on their agreement.While explaining the developments from last year leading up to the eventual default, the mayor mentioned that while the city’s stance on tax abatements is to use less of them going forward the Kushners actually received a higher abatement to continue to develop One Journal Square.“The initial proposal from the Kushners was a more generous tax abatement than the initial project [to build] Tower number two. Our position in the administration at the time was ‘you are not the first ones to be building here’,” Fulop continued.“The first building has not worked perfectly, but it has worked. So any sort of subsidies discussed obviously would have to be less than the first one and not more than the first one because we’re looking toward using [abatements] less, not more.”After the default, the Kushers sued Fulop and the city, claiming that he was penalizing the family because of his personal sentiments towards the President.“The truth of the matter, regardless of my personal sentiment, our goal is ultimately moving the city forward, treating everybody exactly the same regardless of what your background is.”Since then, Kushner Cos. has threatened to sue Fulop for defamation, but he did not seem particularly concerned on that front.“It’s more of a defamation lawsuit because they’re upset about a comment that I made with regards to them being a victim in some situations, and then looking to benefit in other situations from networking and leveraging their family.”Furthermore, Fulop was adamant that the city would not settle with the Kushners.“We haven’t done anything wrong. We have acted responsibly throughout the process, and I don’t see the city looking to settle anything because we haven’t done anything improper. Our objective is to see a building built there that is beneficial to the entire city.”Armbruster wrapped up the discussion by asking the Mayor if the city would consider using eminent domain to take One Journal Square away from the Kushners.“The answer is that is not on the table today,” Fulop said.The full meeting, which streamed live on our Facebook page, can be viewed below: Community Share on Facebook Tweet on Twitter FBW says Prime Cycle’s new location violates state guidelines for Hoboken waterfrontlast_img read more

Mobility Matters: Death of the branch

first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by. Robert McGarveySurvey results make clear exactly how fast branches are becoming obsolete.Three in 10 Americans have not visited a bank or credit union branch in the past six months, according to a survey conducted for Bankrate.com.What is dazzling is that there are not significant generational differences, said Greg McBride, Bankrate’s chief financial analyst. continue reading »last_img read more

Gazprom, Enagas Discuss LNG Supplies to Europe, Latin America

first_imgGazprom’s Chairman Alexey Miller met in Moscow with CEO of Enagas Marcelino Oreja where they discussed cooperation in liquefied natural gas supplies, particularly from the Baltic LNG project to the European and Latin American markets.The meeting noted that Spain had a potential to become one of the major consumers of LNG from the project, Gazprom said in a statement.At present, Gazprom supplies LNG to more than ten countries. The company’s goal is to build up its presence in the promising markets, to be achieved, at first place, through increasing its own production.The company’s Vladivostok-LNG project, which has an annual production capacity of 10 million tons with the potential for further expansion, entered the investment stage in February 2013. The project Investment Rationale will be completed in the first half of 2014. The plant with the capacity of up to 10 million tons a year will start commercial production in 2018.[mappress]LNG World News Staff, December 13, 2013; Image: Gazpromlast_img read more

CWI to revamp selection policy

first_imgBRIDGETOWN, Barbados (CMC):Cricket West Indies (CWI) is set to revamp its selection policy in an effort to rid the process of “politics or petty emotional situations”, in a move geared towards having the best squad selected for the upcoming ICC World Cup.New president Ricky Skerritt said the selection policy had come under heavy scrutiny ever since he and Vice-President Dr Kishore Shallow assumed the reins of the regional governing body two weeks ago, and it was now hoped that the changes would result in a broadening of the selection pool.“In the last two weeks, one of the most critical points that has been embedded as a selection policy is that if a player can still get selected for the team, they must be considered,” Skerritt told cricket website, Cricbuzz.“There must be no reason for non-consideration other than cricket or medical or physical health. No administrative issues, politics or petty emotional situations must prohibit or prevent players from being considered for selection.”New Cricket West Indies president, Ricky Skerritt.He continued: “The last 10, 11 days since the election, we’ve been bringing in changes in terms of personnel and policies to make sure that we can reach out to everybody who wants to play for West Indies. WIDE SLATE “The people responsible for selecting, managing and leading the squad to the World Cup have been reaching out to players who may be interested, to let them know that the policy has changed and to be clear whether they are available or not, so that when the group gets together next week to make their final decision on the squad, they have as wide a slate to choose from as possible.”Selection politics has remained a perennial issue in West Indies cricket but became a major talking point in recent years as the relationship between senior players and the Dave Cameron-led CWI administration frayed.Darren Sammy was inexplicably axed as captain and dropped from the squad five months after guiding West Indies to the capture of the Twenty20 (T20) World Cup in India three years ago, with many believing the move was as a result of his controversial public criticism of Cameron and CWI’s handling of player issues in the lead-up to the tournament.Similarly, recently retired all-rounder Dwayne Bravo was never picked again in a one-day squad after playing a key role in the contentious, abandoned tour of India in 2014. He was also sacked from the T20 squad in 2016 following the disastrous tour against Pakistan in the United Arab Emirates, which followed the firing of head coach Phil Simmons – a development subsequently criticised by Bravo.last_img read more