NJ Transit responds to pressure from Mayor, FBW and others; abandons plans to buy dry dock

NJ Transit Executive Director James Weinstein wrote to Hoboken’s Mayor today stating, “this is to confirm that NJ Transit is no longer exploring the acquisition of the Union Dry Dock property nor does the agency anticipate doing so in the future.”

The Mayor was aided in her efforts by the Fund for a Better Waterfront (FBW) and neighboring property owners, including Stevens Institute of Technology. On August 16, FBW wrote to New Jersey Governor Chris Christie stating, “This proposal is ill-advised and incompatible with Hoboken’s vision for a public waterfront.” The letter also mentioned that the City of Hoboken is launching a redesign of Sinatra Drive to make it more pedestrian and bike friendly.

In her September 7, 2012 letter to Governor Christie, Commissioner Simpson and Executive Director Weinstein, Mayor Zimmer wrote, “Hoboken’s waterfront is the jewel of our City, a gateway to the region, and an incredible asset to the State of New Jersey.”

On July 18, 2012, Union Dry Dock attempted to up the ante on their waterfront parcel by sending out a Request for Proposals soliciting bids to purchase the property. At least two proposals were received, one from NJ Transit and another from owners of Maxwell Place, the luxury residential development directly north of the site.

In a June 1, 2012 letter, Mr. Weinstein acknowledged the potential acquisition and stated that state statutes authorize NJ Transit to construct, operate and maintain capital projects “that support robust ferry service in the trans-Hudson corridor.” In the past, NJ Transit has insisted that it is exempt from local zoning regulations. Since the beginning of the Zimmer administration, three and a half years ago, the City has sought to scale down a massive proposal by NJ Transit to develop the Hoboken Rail Yards.