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>NJ Transit moves toward public-private partnerships with its real estate holdings

>NJ Transit hopes real-estate deals generate $100M

NJ Transit officials took another step toward public-private partnerships with its real estate holdings that Executive Director James Weinstein said could earn the agency $100 million in revenue, which could go toward covering operating costs. NJ Transit’s Board approved retail leases for spaces in three major stations in Hoboken, Secaucus and Trenton, which Weinstein called a “solid business decision that allows use to generate commercial revenue.” (Higgs, Gannett)

https://www.app.com/article/20100616/NEWS03/6160343/NJ-Transit-hopes-real-estate-deals-generate-100M

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