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Monday, October 17, 2005

Hoboken Terminal To Get Transit Village: For "Transit Village", Read "Condos"

NJTransit has given a contract to a Philadelphia based firm to create a master plan for redeveloping the historic terminal. LCOR, the real estate firm, will produce the master plan in exchange for development rights.

"Hoboken Mayor David Roberts said plans for the terminal could include a historical museum and even a trolley that would loop around the city."

But will likely only include condos and The Gap.

The Hoboken Reporter has a bit more as does The [Bergen] Record.

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