Plans by real estate giant Mack-Cali to develop an 800-unit housing development in Jersey City comes after MC Roseland Holdings, a Mack-Cali subsidiary, contributed $250,000 to Fulop’s super PAC.
The company made its contribution to Coalition for Progress while Fulop was still the front-runner for the Democratic gubernatorial nomination, according to a report in POLITCO.
The development for the downtown Jersey City site was first reported by JerseyDigs, a real estate news site.
According to JerseyDigs, “Mack-Cali has been drastically increasing its presence in Jersey City in recent years after largely being known for its office buildings in New Jersey’s outer-ring suburbs.”
A Bloomberg investigative report on Fulop said that Mack-Cali had benefited from the city’s designation of the Exchange Place section of Jersey City as a special improvement district.
Fulop dismissed conflicts raised in that report, saying that business leases between his wife and Mack-Cali were signed before their marriage and that he had recused himself when he learned of the issue.
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