New Jersey officials have proposed that the state's economic authority pay $100 million to purchase underutilized properties from NJ Transit, giving the transportation agency a financial boost and spurring transit-oriented development.
Proposed Plan Calls for New Jersey EDA To Buy NJ Transit Properties for $100 Million
State Aims To Jump-Start Commuter Hub Development, Generate Revenue for Transport System
By Linda Moss
CoStar News
June 14, 2024 | 5:00 P.M.
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IN THIS ARTICLE
- Companies
- New Jersey Economic Development Authority
Public Administration
- New Jersey Transit
Transportation and Warehousing