New Jersey Transit considers whether to keep fighting mobster's family over land condemnation

Published January 08, 2015

New Jersey Transit is considering whether to continue to fighting a mobster's family over a land deal.

The transit agency is challenging a jury verdict that found it owes Carmine Franco's family more than $8 million for land acquired through condemnation. The parcel was needed for a rail tunnel project that Gov. Chris Christie eventually canceled.

NJ Transit had offered the family $990,000. A Hudson County jury valued it at more than $8 million.

Paul Fernicola, an attorney representing Franco's family, tells The Record (http://bit.ly/1sOkXfx ) newspaper that 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.

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Information from: The Record (Woodland Park, N.J.), http://www.northjersey.com

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