City Council Responds to 50% Increase To Community Giveback From Hoboken Hilton Project

"We are happy to see that collaboration with the mayor and the developer has resulted in a 50% increase in the community give back to $4.5 million and that the scope has been expanded to include critical infrastructure, affordable housing, and charter schools.  Additionally, KMS also committed today to fund immediately the much needed feasibility study to officially launch the restoration project for the former YMCA so that it can be shovel-ready when the remainder of the give back is paid after the hotel opens.  This is what is possible when our city works together." 

 

Contact:

Councilman Peter Cunningham                  201-562-7071

Councilman Mike DeFusco                         646-372-4341

Councilwoman Tiffanie Fisher                    201-208-1674

Council Vice-President Jen Giattino           201-780-6779

Council President Ruben Ramos               201-401-7947


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