Current:Home > ContactMoney issues may sink proposed New Jersey branch of acclaimed Paris museum. Mayor blames politics -WealthPro Academy
Money issues may sink proposed New Jersey branch of acclaimed Paris museum. Mayor blames politics
View
Date:2025-04-25 18:46:31
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operating gap and the corresponding financial burdens it will create for New Jersey’s taxpayers, the Legislature has rescinded financial support, leaving us to determine that this project is unfortunately no longer feasible,” Tim Sullivan, chief executive of the state’s Economic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that while Murphy initially supported the museum when the plans were announced in 2021, the situation changed after he rescinded his support for Murphy’s wife, Tammy, in her bid to be the Democratic nominee in this year’s U.S. Senate race.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! (91)
Related
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Dead inmate identified as suspect in 1995 disappearance of 6-year-old Morgan Nick
- NFL Week 4 overreactions: Rashee Rice injury ends Chiefs’ three-peat hopes?
- Morgan Wallen donates $500K for Hurricane Helene relief
- Olympic men's basketball bracket: Results of the 5x5 tournament
- Kate Hudson's mother Goldie Hawn gushes over her music career: 'She's got talent'
- What's next for Simone Biles? A Winter Olympics, maybe
- Raven-Symoné Mourns Death of Her Dad Christopher B. Pearman
- Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
- Tallulah Willis Shares “Forever” Memories of Dad Bruce Willis Amid His Health Battle
Ranking
- US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas
- Cleveland Browns rookie DT Mike Hall Jr. suspended five games following August arrest
- Opinion: Chappell Roan doesn't owe you an explanation for her non-endorsement of Harris
- What are enzymes, and what do they have to do with digestion?
- Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
- A chemical cloud moving around Atlanta’s suburbs prompts a new shelter-in-place alert
- Princess Beatrice Is Pregnant, Expecting Baby No. 2 With Edoardo Mapelli Mozzi
- Alabama now top seed, Kansas State rejoins College Football Playoff bracket projection
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Dartmouth College naming center in memory of football coach Teevens
What are enzymes, and what do they have to do with digestion?
DreamWorks Animation at 30: Painting a bright path forward with ‘The Wild Robot’
Breaking debut in Olympics raises question: Are breakers artists or athletes?
Kristin Cavallari Shares Glimpse Inside New Home After Mark Estes Breakup
Officials identify driver who crashed into a Texas pipeline and sparked a 4-day fire
Run to Kate Spade for Crossbodies, the Iconic Matchbox Wallet & Accessories Starting at $62