HOBOKEN, NJ — The Hoboken City Council voted last night in favor of the $1.3 million operating budget for the Hoboken Business Alliance (HBA), Hoboken’s first ever Special Improvement District. This historic measure passed 8-1 and with this funding the HBA will now turn its attention to implementing its dynamic plan and engaging the community and Hoboken’s local government to vitalize the city’s economy. Councilwoman Tiffanie Fisher, who is the Council representative on HBA’s Board of Directors and has been a driving force behind this effort releases the following statement:

“This is a historic moment for Hoboken that will bring the necessary focus and resources for the first time in over a decade to grow our local economy.  Our local businesses are the backbone of Hoboken’s economy and at the heart of what attracts people to live in and visit our urban village,” said Councilwoman Tiffanie Fisher.

“This result could not have happened without the input, efforts and commitment of many.  I would like to personally thank all involved including my fellow HBA Board Members and the other property and business owners who volunteered their time for two years to make this happen, Stuart Koperweis of Economic Development Strategies whose leadership got us to this moment, and Mayor Bhalla and my council colleagues who understand the positive and necessary impact this will bring to Hoboken.  Last night’s vote puts Hoboken on a trajectory of economic growth.  I could not be more proud of and excited for my community.”