Hoboken Votes To Use Eminent Domain Take NY Waterway Dry Dock In Real Estate Fight

Hoboken Votes To Use Eminent Domain Take NY Waterway Dry Dock In Real Estate Fight

HOBOKEN, N.J. (CBSNewYork) – The battle between Hoboken and New York Waterway over real estate along the Hudson River has taken a new turn.

The Hoboken City Council voted on Wednesday to allow the use of eminent domain to buy Union Dry Dock from New York Waterway for $13 million.

MORE: Exclusive: As Showdown With Hoboken Over Dry Dock Nears, NY Waterway Shows CBS2 Its Outdated Operations

The company wants the site for a ferry maintenance depot, but Hoboken wants to turn it into a park.

The city says it will negotiate with the company before enforcing eminent domain.

New York Waterway says it will fight to keep the site.

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September 05, 2019 at 08:35AM