Another day, another sweetheart deal between New Jersey Governor Chris "Who Moi?" Christie and one of his wealthy BFFs. This time it appears that the rules were changed only a couple of months before a land deal could be deemed eligible for funding. Guess who benefited? If you said a Christie crony, you would be correct.
Chris Christie’s New Jersey administration awarded a $105.6m public subsidy to a property venture involving a close friend and financial backer of the governor, after state law was amended to enable the project to qualify for the money.
The venture, in one of the state’s poorest cities, appears potentially lucrative for the friend, Jon Hanson, a wealthy real estate tycoon who headed the fundraising operations for Christie's election campaigns, chairs a policy commission for the governor, and is a longstanding Republican donor. [...]
The site is located outside a city zone in which businesses were originally eligible for the state funding program. It did not appear to meet the usual requirements for creating jobs and future tax revenues that were placed on other projects that were seeking the funding. Yet a series of amendments were made to New Jersey law that made funding easier to obtain... Paterson’s mayor, Jeffery Jones, said he was concerned that Hanson’s firm, The Hampshire Companies, may have received a “special sweetheart deal”. He said: “Somebody wanted this thing done, and they got it done.”[...]
“He has complete access to the governor,” another property mogul told the publication. “He just gets whatever he wants.”
Per the Guardian, one of the EDA’s (economic development authority) board members is Hanson’s son-in-law and a senior executive at The Hampshire Companies. So is his wife, Deborah. She's Hanson’s daughter.
One hand washes the other, yet none are clean. Funny that.
More here. The last line is amusing.