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jersey385 t1_j9u4ikl wrote

There are a thousand things the city could do with $30million that would be more impactful than a museum but that’s just my opinion. The secrecy is very concerning. #FulofShitLop

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imaluckyduckie t1_j9u7ai1 wrote

To be fair, $24M is being spent by the State for the museum. The article doesn't say the remaining money is coming from, but usually there are corporate sponsors for this sort of thing. I agree there needs to be more transparency who is funding all these trips and remainder of the construction.

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mickyrow42 t1_j9uwq28 wrote

this is biggest thing critics always overlook. just see the price tag and not the subsidies from the state etc that are actually taking most of it.

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JeromePowellAdmirer t1_j9vvo1y wrote

Leasing out the building to the museum will generate revenue

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JournalSquire t1_j9wq61t wrote

Is the Pompidou paying? I thought it was Jersey City paying THEM.

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JeromePowellAdmirer t1_j9xf0zo wrote

The city and state are paying to renovate the building, which the city owns

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JournalSquire t1_j9yx1c0 wrote

But there’s not a lease that Pompidou is paying for, right? JC is footing that bill. Please correct me if I’m mistaken.

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Nervous_Excitement81 OP t1_ja0n9aa wrote

Yeah JC which is us footing the bill for this stupid museum.

"In exchange for access to the Pompidou’s expertise and 120,000 artworks, the city has agreed to shoulder renovation costs that could exceed $40 million. It’s also on the hook for another $6 million annually* over the course of its five-year contract to cover project development, branding, educational programming, and the organization of exhibitions. Fulop told Curbed that his administration is also looking to purchase an adjoining property, which could roughly double the size of the Pompidou. No cost was given for the proposed expansion.

But some longtime residents and local legislators have balked at the price. “Everyone agrees that the Pompidou is an extraordinary asset for Jersey City,” said Rolando Lavarro, a city councilman. “But we just raised a levy on homeowners because we didn’t have the money for school funding. How can we then bring more financial debt to the table for a museum?” He, like other city officials, only learned of the news through an announcement in the New York Times. For Lavarro, the decision to announce the new museum without any discussion with the City Council looked like a tactic to drum up public support for the project before its costs could be scrutinized"

https://www.curbed.com/2021/06/why-pompidou-outpost-jersey-city.html

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