Steve Rofsky a member of the Hoboken Municipal Hospital Authority passed away suddenly earlier today with what was believed to be an aneurysm. Rofsky was a critical part of the leadership appointed to the hospital board who took decisive action and in the end saved both the hospital and Hoboken from bankruptcy. Steve is survived by his wife Toby and sons Phillip and Marc. He was 55.
The following is a statement from Toni Tomarazzo who worked closed with Steve on the HMHA:
It is with great regret that I write to inform you that my friend and Hoboken Municipal Hospital Authority colleague Steve Rofsky passed away.
Steve spent more than two and half years contributing to the great success of Hoboken University Medical Center.
Steve and his wonderful wife Toby moved to Maxwell Place as “almost” empty nesters…after spending years in and around Freehold, NJ – where they proudly raised two terrific sons – Phillip and Marc. Steve and Toby met Mayor Zimmer at an event in Maxwell Place and during their meeting Steve told the Mayor about his background and mentioned that if she needed anything she should feel free to call him.
Not long after Steve inquired about the Hoboken Municipal Hospital Authority it was clear that his outstanding professional experience made him a perfect fit for the task ahead of the Authority.
Steve held increasingly senior positions in structured workouts and credit analysis. He was a senior executive at Ambac and recently joined the rating agency Moodys. In addition to his professional responsibilities Steve accepted the role of Treasurer of the Authority. He lead the Finance Committee and also coordinated the annual audits.
Steve’s greatest contribution was his even tempered disposition that was steady as a rock. If there was a HMHA yearbook, he would appear on the page titled “Most Likely To Walk Slowly Out of a Fire”. His collegial demeanor and sharp wit were always present and his extensive knowledge of healthcare, financing and workouts provided the platform for the successful sale of Hoboken University Medical Center.
Steve’s family and friends will greatly miss this kind, genuine and honest man. And the people of Hoboken owe him a huge debt of gratitude for his significant contributions to our community. His presence will be greatly missed and his legacy will live on.
Talking Ed Note: The above video took place last October at a press conference saying the hospital’s salvation was close at hand. In this short clip, Steve demonstrated what Hoboken was on the cusp of accomplishing. Never once did I hear him mention HIS contribution. MSV heard of it from others – and often.
Steve was a steady presence at HMHA board meetings but more importantly, he was spoken of with almost reverential tones by other board members for his contribution in saving the hospital.
MSV joins in mourning his loss and extends our deepest sympathy on his sudden passing. In the time we’ve had the pleasure of meeting some great contributors to Hoboken, Steve stands out in a select group for their selfless service to making Hoboken better.
Please join us in prayer as we lift him up to the Lord and ask for His blessing on the family in this terrible time of loss.
Steve, it is with gratitude that I can say thank you one more time for everything you did to make Hoboken a better place where the light shines brighter. Your contributions will not be forgotten.
A reader notes:
The funeral service is on Sunday morning, June 17th, at 9:30 am at Higgins Funeral Home, 20 Center Street, Freehold, New Jersey.