Official release:
Dear neighbors and friends, By now I’m sure many of you have heard about the deal the Mayor struck with KMS, developers of the Post Office Hotel Project, to provide a cash contribution to two non-profits in Hoboken – the Public School Foundation and Hoboken Community Center (formerly the YMCA). I have issued the following joint statement with my council colleagues that calls this unilateral and autocratic action too narrowly focused. There is no collaborative process. We have many worthy non-profits as well as affordable housing and infrastructure needs. Happy to gather your feedback. And please forward on as I am sure many have no idea what’s happening. Thanks, Peter =&0=& =&1=&The Hoboken City Council subcommittee, tasked with evaluating the proposed Hilton Hotel project, was briefed for the first time recently with the revised plans for the hotel that have tentatively been agreed by Mayor Bhalla and KMS, the developer. The modifications include changing the overall architectural feel of the project by adding three more stories to the plan that the mayor announced in April and 20% more bulk and square footage than what was previously approved in 2017 by the City Council which the mayor (then councilman) opposed. In exchange for this increase, KMS will provide $3 million in cash to Hoboken for community benefits which currently have been earmarked by the mayor to two, private non-profits. The mayor is expected to ask the City Council to approve these changes at the October 17th meeting. Although the members of the subcommittee each individually support the efforts of the selected non-profits, they are issuing this joint statement in regards to their concerns.




