|Hoboken is reclaiming use of the Municipal Garage after an agreement with Hoboken Unleashed at upper Willow St. was not reached. Executing the new bond will result in substantial savings while the site is in use.|
Talking Ed Note: MSV usually doesn't comment on city releases ahead of the readers but notes the new bond executed for ownership of the garage should now costs Hoboken $20,000 a month. The monthly lease agreement previous was in the $100,000 a month ballpark. MSV will verify the exact savings with the City.