PANYNJ Lease Deal Fracas May Affect Fares

A controversial deal in which the Port Authority leased the North Bergen park-and-ride lot to NJ Transit for just one dollar a year may be coming undone, and it may have implications for NJ Transit fares, according to reporting in the Star-Ledger by Steve Strunsky (March 20).  The deal is under scrutiny because of conflicts-of-interest allegations involving Port Authority Chairman David Samson, whose law firm had been retained by NJ Transit to help maximize revenue from park-and-ride lots.

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