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New Jersey city agrees to pay $27M to lease property it sold for $1


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SOURCE: https://www.foxnews.com/us/new-jersey-city-agrees-to-pay-27-million-to-lease-parking-lot-it-sold-for-1
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Summary

This is basic math, it doesn’t add up.”NEW JERSEY RESIDENTS FACE POSSIBLE 'RAIN TAX'The autonomous Newark Parking Authority plans to erect offices, retail space and a five-story parking deck with 515 spaces at 43-67 Green Street under a $34 million redevelopment agreement with the city, the news site reported.

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