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Ridgewood moves ahead with financial study for parking garage

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AUGUST 26, 2015    LAST UPDATED: WEDNESDAY, AUGUST 26, 2015, 10:10 AM
BY MARK KRULISH
STAFF WRITER |
THE RIDGEWOOD NEWS

The village is moving forward with a financial feasibility study for a possible parking structure to be built at the Hudson Street lot while officials wait for responses to the request for proposal (RFP) put out seeking a building design.

The study will determine the levels of expected revenue as well as the cost of a new parking garage, said Village Manager Roberta Sonenfeld at the Aug. 12 council meeting.

Included in the analysis will be proposed parking rate schedules for Hudson Street as well as the other village lots and on-street meters, projections for daily and annual income, debt service, cost and operations.

Sonenfeld said the village received proposals from three different firms. After a discussion with the steering committee, there was a recommendation to go with the proposal from New York-based Walker Parking Consultants, the same firm that performed the study to determine whether or not the garage should be automated or self-park.

A resolution to award a contract for the professional parking services was unanimously passed on Aug. 12. The amount in the contract is not to exceed $18,500 with expenses not to exceed $1,000, which will be expended from the $500,000 bond ordinance adopted in July.

 

https://www.northjersey.com/news/firm-to-review-parking-finances-1.1398423

9 thoughts on “Ridgewood moves ahead with financial study for parking garage

  1. Welcome to Hoboken..!

  2. Its not Ridgewood moves ahead with financial study for parking garage rather the 3 Amigos and the Chamber of Commerce moves ahead with financial study for parking garage. Paid for by the taxpayers of Ridgewood.

  3. Can I vote “no” right now and save the town a lot of money?

  4. As I recall studies conducted over the past 88 years have consistently indicated there is a need for additional parking in the central business district. The only difference this time is the Village appears to actually be serious in its endeavor to address the problem. Due to its proximity to the train station the proposed parking garage on the Hudson Street lot will primarily benefit commuters however the increase in overall parking capacity will also have a positive impact on the downtown.

  5. So will the owners of Fish Restaurant, Greek to Me. stop the Bull. Both landlord are good friends with our Mayor.

  6. Hey Ed go back to Westwood.

  7. Ed actually lives in Oradell.

  8. stop, just build it over on hudson lot.

  9. I don’t give a shit where he lives just as long as he goes back there.

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