November 30, 2018

Mayor Bhalla and Stevens President Farvardin are Engaged in Productive Discussions Regarding Stevens’ Waterfront Property

Hoboken Mayor Ravi S. Bhalla and Stevens Institute of Technology President Nariman Farvardin are pleased to announce that they are now engaged in fruitful discussions regarding Stevens’ Waterfront Property currently used as a parking lot adjacent to 600 Sinatra Drive. The hope for both the City and Stevens is to create an area that includes spaces that can serve Stevens’ needs, and can be enjoyed by Hoboken residents and guests.

“Realizing the dream of a contiguous Hoboken waterfront is among my top priorities as Mayor, and I am grateful to have a strong partner in President Farvardin,” said Mayor Ravi S. Bhalla. “Let me be clear, I am fully committed to finding a solution that addresses the legitimate needs of Stevens and accomplishes the goal of a contiguous, publicly accessible waterfront,” added Bhalla.

“Transitioning the waterfront property owned by Stevens, which includes important existing functions, to an area that both serves the university’s needs and includes public access, will require thoughtful and creative planning, but I am hopeful that Mayor Bhalla and I will devise a plan that meets the needs of both Stevens and Hoboken,” said Stevens President Nariman Farvardin.

Conversations regarding this property began after a new University District rezoning was approved for the Stevens campus in August 2018 to support Stevens’ growing student enrollment and to mitigate related impacts within Hoboken.