Municipal Garage bids released

City of Hoboken announces:

On Tuesday, June 15 at 2 pm, the City of Hoboken opened the sealed bids in response to two Request for Proposals to lease interior garage space and an exterior parking lot in order to relocate vehicles from the municipal garage.
The following bids were received for interior garage space (note that a legal review must still be conducted to ensure the accuracy and validity of all submitted bids):
  • IANA Company, LLC. 173 16th Street and 619 Luis M. Marin BlvdJersey CityNJ. For 9,000 sq ft for $25,000/month.
  • 1414-1418 Grand St. LLC. 1414 Grand StreetHobokenNJ. 5,000 sq ft interior and 2,500 sq ft exterior for $28,917/month.
  • Trustees of Stevens Institute of Technology. Location not clear. 2,000 sq ft for $3,750/month.
  • Theresa Pino. Location not clear. 5,000 sq ft for $3,000/month.
The following bids were received for an exterior parking lot:
  • Hoboken Excalibur. 720-32 Grand St/727-33 Adams StHobokenNJ. 27,500 sq ft for $20,000/month.
  • S2 Group. 39 New York AveJersey CityNJ. 55,000 sq ft for $7,500/month.
  • Theresa Pino. Location not clear. 25,000/45,000 sq ft for $5,000/$10,000/month.
The administration will review and evaluate the bids based on multiple factors, including location, cost, and impact on the community.
Mayor Dawn Zimmer will call for a special meeting for Tuesday, June 22nd to review and discuss the bids received and to provide an opportunity for the public to comment on the proposals.
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