Current:Home > MyMoney issues may sink proposed New Jersey branch of acclaimed Paris museum. Mayor blames politics -MoneyTrend
Money issues may sink proposed New Jersey branch of acclaimed Paris museum. Mayor blames politics
View
Date:2025-04-15 03:55:03
JERSEY CITY, N.J. (AP) — New Jersey officials say financial concerns spurred state lawmakers to rescind $24 million in funding for a planned outpost of Paris’ acclaimed Pompidou Center in Jersey City. But the city’s mayor said he believes his deteriorating relationship with Gov. Phil Murphy led to the decision.
Centre Pompidou x Jersey City was to be built on the site of a gutted industrial building, not far from where the Statue of Liberty stands in New York Harbor. At the time, it was seen as a way to attract tourists and New Yorkers into Jersey City’s rapidly developing Journal Square neighborhood — an area that historically hasn’t been widely visited but is an easy train ride from Lower Manhattan.
The satellite museum would have been the French museum’s first venture in North America.
While both the city and state agreed $176 million in construction costs would be fully funded by public money, they disagreed about the annual operating budget. The city said $19 million in annual expenses would be covered by ticketing, venue rentals, donations and a proposed tax on new buildings in the area. But the state viewed that amount as a regular deficit.
“Due to the ongoing impact of Covid and multiple global conflicts on the supply chain, rising costs, an irreconcilable operating gap and the corresponding financial burdens it will create for New Jersey’s taxpayers, the Legislature has rescinded financial support, leaving us to determine that this project is unfortunately no longer feasible,” Tim Sullivan, chief executive of the state’s Economic Development Authority, said in a recent letter to museum officials.
Mayor Steve Fulop disputed those claims and told The New York Times that while Murphy initially supported the museum when the plans were announced in 2021, the situation changed after he rescinded his support for Murphy’s wife, Tammy, in her bid to be the Democratic nominee in this year’s U.S. Senate race. Fulop instead backed Rep. Andy Kim.
Tammy Murphy bowed out of the contest in March, saying she did not want to engage in a negative campaign against a fellow Democrat. Kim, who won the primary last month, is now seeking the seat that is currently held by Bob Menendez, who is on trial for federal bribery charges.
“There is no question in my mind that this (funding decision) is directly related to my support of Andy Kim,” Fulop told the newspaper.
Natalie Hamilton, a Murphy spokeswoman, noted that the governor had voiced concerns in April about the museum’s potential operating deficit, stressing at the time that it had “literally zero to do” with politics.
“We can’t marry ourselves to a $19 million deficit forever and always,” Murphy said at the time.
In a statement issued to the newspaper, a spokesman for the Pompidou Center said the museum “remains committed to ongoing discussions with the mayor of Jersey City to jointly determine the project’s future direction.”
veryGood! (2)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Dockworkers join other unions in trying to fend off automation, or minimize the impact
- Opinion: MLB's Pete Rose ban, gambling embrace is hypocritical. It's also the right thing to do.
- Second fan files lawsuit claiming ownership of Shohei Ohtani’s 50-50 baseball
- Louvre will undergo expansion and restoration project, Macron says
- Mariska Hargitay Addresses Potential Taylor Swift Cameo on Law & Order: SVU
- Doctor to stars killed outside LA office attacked by men with baseball bats before death
- Driver fatigue likely led to Arizona crash that killed 2 bicyclists and injured 14, NTSB says
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- As dockworkers walk out in massive port strike, the White House weighs in
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Where is 'College GameDay' for Week 6? Location, what to know for ESPN show
- 'Lord of the Rings: The Rings of Power' Season 2 finale: Release date, time, cast, where to watch
- Justice Department launches first federal review of 1921 Tulsa Race Massacre
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Outer Banks’ Madison Bailey Hints Characters Will Have “Different Pairings” in Season 4
- Omaha officer followed policy when he fatally shot fleeing man 8 times, police chief says
- Ken Page, Voice of Oogie Boogie in The Nightmare Before Christmas, Dead at 70
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Carvana stock price is up 228%, but a red flag just emerged
Federal appeals court rejects Alex Murdaugh’s appeal that his 40-year theft sentence is too harsh
U.S. port strike may factor into Fed's rate cut decisions
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
NFL power rankings Week 5: Do surging Baltimore Ravens rocket all the way up to No. 1?
Sabrina Carpenter Shuts Down Lip-Syncing Rumors Amid Her Short n’ Sweet Tour