NEWARK, N.J. (CBSNewYork/AP) – New Jersey Transit is considering whether to continue to legal battle with a mobster’s family over a land deal.
The transit agency is challenging a jury verdict that found it owes the family of Carmine Franco more than $8 million for land NJ Transit acquired through condemnation for a Hudson River rail tunnel project that Gov. Chris Christie eventually canceled.
NJ Transit had offered the family $990,000. But a Hudson County jury valued it at more than $8 million.
Attorney Paul Fernicola, who represents Franco’s family, tells The Record newspaper NJ Transit undervalued the property, which he says has amazing views of Manhattan.
NJ Transit on Wednesday will decide whether to spend another $150,000 on legal fees.
Franco, who is 78, is in a federal prison for racketeering.
You Might Also Be Interested In:
- Annual ‘Click It Or Ticket’ Crackdown Begins In New Jersey
- Independent Probe Launched In Wake Of Controversial Arrest In Dover, N.J. That Was Posted To Social Media
- Just Weeks After Deployment, Mobile Stroke Unit Saving Lives On Long Island
- Crash Families, Sen. Schumer Turn Up Heat On NTSB To Enforce Specific Regulations On Limo Industry
(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)