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Response to 2pooped2pop (Reply #1)

Wed Feb 12, 2014, 08:52 AM

2. That's another project - same sleaze though

http://www.northjersey.com/news/Governors_brother_invested_in_houses_near_new_PATH_station_in_Harrison.html
<snip>
Governor Christie’s brother, Todd Christie, and two business partners have bought and sold a handful of properties within walking distance of the PATH station in Harrison, slated for a $256 million renovation funded by the Port Authority and championed by the governor, records show.
Todd Christie
CHRIS PEDOTA / THE RECORD
Todd Christie

Todd Christie and his partners — one the owner of Ferreira Construction, a large firm that has done tens of millions of dollars of work for state agencies since Christie took office — created a company and began buying small residential lots in early 2011, about a year before the train station renovation was approved by the Port Authority.

The company built three homes on those lots in the first year and sold each of the improved properties — after the announcement of the station overhaul — for nearly triple the property’s original price. The company also demolished a home and sold the vacant lot to the school board in Harrison, where Todd Christie’s partners grew up and have worked in real estate for the past decade.
Builder's response

A statement from Tony Ferreira, a partner in a company with his brother Nelson Ferreira, a builder, and Todd Christie, the governor’s brother.

“My brother and I were born and raised in Harrison. As a licensed Realtor I have worked buying and selling real estate in the Harrison Market for over 20 years. In 2011, we asked our friend, Todd, to partner with us and form West Hudson Properties. Through this entity we continued what we had been doing for over 10 years, purchasing and developing small parcels in Harrison. Having done business in Harrison most of our lives we have been well aware for more than a decade, of plans not only to improve the PATH station but to grow and redevelop many areas of our hometown.”

West Hudson Properties LLC owns at least two other parcels in the gritty Hudson County town that has seen its fortunes — and potentially its property values — rise with the promise of a modern commuter station that links to Manhattan.
- See more at: http://www.northjersey.com/news/Governors_brother_invested_in_houses_near_new_PATH_station_in_Harrison.html#sthash.CFMHJdEC.dpuf

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Arrow 44 replies Author Time Post
malaise Feb 2014 OP
2pooped2pop Feb 2014 #1
LineLineReply That's another project - same sleaze though
malaise Feb 2014 #2
2pooped2pop Feb 2014 #29
mstinamotorcity2 Feb 2014 #3
malaise Feb 2014 #4
riqster Feb 2014 #6
Laxman Feb 2014 #7
riqster Feb 2014 #8
unionthug777 Feb 2014 #23
malaise Feb 2014 #11
Laxman Feb 2014 #5
malaise Feb 2014 #12
Cha Feb 2014 #35
FarCenter Feb 2014 #9
Tom Rinaldo Feb 2014 #10
rocktivity Feb 2014 #15
libdem4life Feb 2014 #25
FarCenter Feb 2014 #16
Tom Rinaldo Feb 2014 #18
FarCenter Feb 2014 #19
glowing Feb 2014 #26
rocktivity Feb 2014 #32
Laxman Feb 2014 #27
rocktivity Feb 2014 #31
malaise Feb 2014 #22
malaise Feb 2014 #13
Laxman Feb 2014 #14
FarCenter Feb 2014 #17
Laxman Feb 2014 #21
glowing Feb 2014 #28
malaise Feb 2014 #30
NJCher Feb 2014 #20
Cha Feb 2014 #36
JHB Feb 2014 #24
rocktivity Feb 2014 #33
okaawhatever Feb 2014 #38
JHB Feb 2014 #41
okaawhatever Feb 2014 #43
indepat Feb 2014 #34
malaise Feb 2014 #39
indepat Feb 2014 #44
Cha Feb 2014 #37
Jefferson23 Feb 2014 #40
mucifer Feb 2014 #42
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