NJ A2608

Authorizes the Department of the Treasury to sell the Holland Tunnel Service Garage (Block 7203, Lot 2) in Jersey City, Hudson County, to the Port Authority of New York and New Jersey for $1

The Port Authority has controlled and maintained this property since 1931 under bridge and tunnel unification legislation, though no deed was ever recorded transferring title from the State

The sale does not require approval from the State House Commission or any additional legislative approval, bypassing standard surplus property procedures under P.L.1962, c.220

The Port Authority has assumed all responsibilities for the property including original construction debt, monitoring, recordkeeping, maintenance, and any required environmental remediation

The State has not exercised any ownership or control over the property since 1931, making this transfer a formalization of longstanding operational reality