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objectimpermanence t1_j1wwuvp wrote

The property is definitely owned by NJ Transit. They also own a few adjacent parcels.

In fact, they are seeking proposals from developers to do mixed use, transit-oriented development in this area and on other NJTransit properties.

The agency has recently begun to look for ways to monetize its property holdings to help fill holes in their budget.

More info here.

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pixel_of_moral_decay t1_j1x0nvj wrote

It's not so much NJ Transit looking to firesale property holdings, it's NJ's republican lawmakers "starving the beast" to make it sell property at bargain prices to their developer friends.

Lets not mask what's going on. Developers who donated to a certain party are getting favors.

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AryehCW OP t1_j1yv6jm wrote

Would you rather have a giant, half-used surface parking lot or some buildings with apartments and stores if the latter means some rich connected assholes get richer?

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Ilanaspax t1_j1zc462 wrote

Yes

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electrobruv t1_j1zomeo wrote

Those that downvoted are just mad they are not a rich connected asshole. I for one wish I was a rich connected asshole

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