If we lose, we block our community’s waterfront. We still have 186 units and up to 14 floors of development at 800 Monroe, and we will have spent about $2 million in litigation costs with nothing but development to show for it.A litigation settlement negotiation cannot be conducted as a public process. However, because of the importance of this settlement to Hoboken residents, we took the highly unusual step of publicly releasing the proposed agreement so the public will be fully informed and have an opportunity to have your views fully considered as the City Council makes its decision.
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