Hoboken doubles meter rates, passes amended Yard Redevelopment Plan

News Network
Feb 20, 2020 5:19 PM
Parking meter rates in Hoboken are doubling.In early March, the hourly rate for the city’s meters will increase to $2, a change supported by the Hoboken Chamber of Commerce and passed with a 5-4 vote Wednesday by the city council.Council members and the city’s transportation director said that the change is intended to raise revenue as the city faces a deficit in the millions and to free up parking near businesses.The council also unanimously passed the amended Hoboken Yard Redevelopment following months of revisions and community dialogue. The city and developer LCOR can now enter negotiation...
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