. . UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY : INDUSTRIES: PETROLEUM : DISASTERS: HURRICANES : UNITED STATES: STATES: NEW JERSEY : POLITICAL: PARTISANSHIP: Governor Christie's Brother Invested in Real Estate near New PATH Station in Harrison . . Governor Christie's Brother Invested in Real Estate near New PATH Station in Harrison Tuesday, January 28, 2014 Last updated: Wednesday January 29, 2014, 8:01 PM BY SHAWN BOBURG AND JEAN RIMBACH The Recordhttp://www.northjersey.com/news/Governors_brother_invested_ in_houses_near_new_PATH_station_in_Harrison.html
. A shorter URL for the above link: . http://tinyurl.com/l76a6l5 . .Governor Christies brother, Todd Christie, and two business partners have bought and sold a handful of properties within walking distance of the PATH station in Harrison, slated for a $256 million renovation funded by the Port Authority and championed by the governor, records show.
.Todd Christie and his partners one the owner of Ferreira Construction, a large firm that has done tens of millions of dollars of work for state agencies since Christie took office created a company and began buying small residential lots in early 2011, about a year before the train station renovation was approved by the Port Authority.
.The company built three homes on those lots in the first year and sold each of the improved properties after the announcement of the station overhaul for nearly triple the propertys original price. The company also demolished a home and sold the vacant lot to the school board in Harrison, where Todd Christies partners grew up and have worked in real estate for the past decade.
.West Hudson Properties LLC owns at least two other parcels in the gritty Hudson County town that has seen its fortunes and potentially its property values rise with the promise of a modern commuter station that links to Manhattan.
.The quarter-billion station renovation came into focus this week when The Record reported that Port Authority Chairman David Samson had private ties to the land around the Harrison station. As chairman of the bi-state agency, Samson voted to approve the Harrison station overhaul, months after a client of his law firm proposed converting a nearby warehouse into luxury apartments.
.Samson also faces questions about his role in addressing the George Washington Bridge lane closures that gridlocked Fort Lee in September. And his firm, Wolff & Samson, is connected to another development proposal in Hoboken that the mayor has said the Christie administration pressured her into backing. Samson has denied any wrongdoing.
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