Hospital survival in the final Countdown
http://hobokenhorse.com

The truth some wish you don't see.

It is more like her conditions should be ignored b/c she is trying to impose conditions on a deal that has already been negotiated and is ready to close. Either she votes for the deal or against the deal. But it is not her place to try and negotiate the deal after it has been negotiated.

Shut up Lane. You under your various names said this bankruptcy was a fraud. You sullied the names of the good members who worked for no compensation to save this hospital on the hospital authority. Now yet another lie saying the City should "bond for another $10 million."

Pathological lying, good grief. Go back into your little hole and collect your pay from Beth Mason for a job badly done.

The State of NJ sets the conditions and the state says seven years. There NEVER was a reason to write anything separately into this in the first place. The State of NJ's regulations hold jurisdiction, not anything in the City of Hoboken

There's a separate story on that issue alone at Mile Square View.
The horseman references that exact state information just today:
http://hobokenhorse.com

Also, if any amount is approved by the City Council and not accepted by the creditors, that's the end of it. The hospital will close as it's run out of money and time. There's nothing left for in ANY delay.

So it must be settled on Thursday. Beth Mason will NOT be a swing vote. It will come from those who voted on the original $52 million bond: Council members Terry Castellano or Mike Russo.

Unlike Lane's various screen names, this isn't about Beth Mason or attacking others.

It's always been about saving the hospital.

Your concern is well placed speechless....there were failures on numerous fronts.

Please stop trying to pump up Roman's web site - we all know it is essentially a hate site that smears local politicians. There is 1 blogger on that site who talks to himself using multiple screen names.

If you're referring to Perry and Lane Bajardi they're on that failing site. MSV on the other hand seems to have a lot of traffic. And Beth has been very publicly told, a few times now, that the lease restriction will cause the buyer to walk.
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The deal is making the best out of a bad situation. We're on the hook for 52 million and have a failing hospital on out hands. This deal relieves both problems and keeps the Hospital a Hospital. If the council approves the 5 million the creditors still may balk and hold up the sale, which will effectively dooms it.

Lane will you please stop giving that big toothy horse at Mile Square View free publicity. Stop talking about Grafix Avenger too while you're at it. That's not what you are being paid here to do.

The article above specifically stated that Zimmer was only proposing a City contribution of $5 million. If Mason feels it would be better for the City to contribute $10 million it sounds like she will have the opportunity to make that case to her colleagues at the Council meeting. As for her changes to the sales agreement, the only problem with her suggestions is that the buyer hasn't agreed to them and won't agree to them. In fact, anybody with any experience in transactional work would know that no buyer would agree to those terms. If Mason votes against the bond she has voted to close the hospital - period! She can scream to her hearts content that she would have voted yes to a different transaction that she and her husband negotiated with each other, but the bottom line is that she will either vote for the bond and for trying to make this deal work and save the hospital or against the bond and therefore for closing the hospital. Every voter and taxpayer in Hoboken will fully understand her vote to close the hospital, and no amount of double talk will be able to change that.

No the article says the creditors want another $10 million. The mayor is asking the City Council to bond for up to $5 million. Minion is as minion does.

Beth Mason is ridiculed because she keeps inviting it with a pile of lies, repeated on this site more often than on the website's content she controls: Mason411.

Mason has been speaking on behalf of the unions. If they want $10 million for themselves and the other creditors, she can present their resolution at the City Council meeting tomorrow.

Oh and last, shut up Lane. Go write the lies at Mason411 where you and Perry Klaussen put your fascist censorship on anyone who dares to disagree with the screed of lies there.

I am not Lane either .... it is just his nature to attack people. I say "his" because we all know that there is only 1 Zimmer minion on here assuming multiple screen names and attacking people.

Lane just finish my speech tonight already and stop pretending you aren't the Hoboken Inquisitor. Everyone knows you are Hoboken Questioner duh.

She can vote on what is put in front of her. Vote to save the hospital or kill it and over 1,000 jobs that go along with it. That is her choice and no amount of grandstanding or minion posting is going to ever change that.

The intentions of the buyer were written in already. Plenty of room for common ground? This deal can die if the creditors balk at any time right through Thursday.

Or Beth Mason can try to persuade the Terry Castellano and Mike Russo to vote any ordinance down that doesn't meet her list of demands. She controls Tim Occhipinti's vote as she made that purchase earlier.

Then the hospital can start packing on Thursday morning and forget the hearing in Federal Court.

You are right Passkey...the problem is that ZImmer hates Mason so much that she will not negotiate with her. Thus, we will all be made to suffer. In reality Mason's suggestions are very logical and wise. Mason seems to have the better plan on how to ensure we maintain a hospital in our community.

I nominate this for your dumbest most backwards comment ever Hoboken Questioner. Hoboken is the seller of the hospital. Holdco is the buyer. Mason is just a busybody on the outside who wants to tank the sale and grandstand. The buyer and the seller do the negotiating. The day Mason wants to go buy something, she can negotiate the terms of the purchase. But she isn't at the table so her infantile demands are meaningless.

Nice of you to say so. I credit the lunatics we live among. When I try to tell people from out of town what they're like, they never believe it.

Karen - you should refer to him in the plural sense.

When I tell my father about the corruption and such that goes on here, he just says "I told you so but noooooooooooo, you didn't believe me".

Passkey - the CC can't "compromise" and agree to changes to the sales agreement - they don't get to negotiate the terms of the Agreement with each other. The agreement is with Holdco and they don't really care what Mason agrees to with her husband or what the Council agrees among themselves. Obviously Mason is desperately seeking a face saving way out but at the end of the day the best way to save face is to do the right thing. Hopefully at least 6 council members will step up, remember their duty to their constituents and vote to save the hospital.

Just to be clear...you call hosing 5000 creditors a success? And when the hospital is wiped out for condos in 7 years that will also be a success to you? Wow...can your standards get any lower?

When the alternative is hosing creditors AND losing a Hospital yes keeping the Hospital is a success. The Hospital lost over 8 million last year and likely would have closed without Gov. Christie coming through with 7 million dollars to keep it afloat. And no matter what happens after 7 years Hoboken tax payers will have been relieved of a 52 million dollar obligation today, not to mention having had a Hospital for seven years.
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You seem to think there was a solution where Hoboken keeps the hospital, the bond obligation is removed from tax payers and the creditors are made whole. You can cling to that fantasy but in the real world adults deal with situations are they are not as they wish they had been. When you find the door out of fantasy land we can talk. Oh and when you find it please tell Beth Mason where it is, her behavior of late has been embarrassing.

The whole thing is really simple. There is a deal on the table. You can take it or you can posture and watch the whole thing blow up. They don't need our hospital. We need someone to buy it so we don't get stuck w/ that fat bond to pay off. Second dumbest comment you have ever made.

Yes it is very strong. It is also very clear and not open to interpretation. As Mayor Zimmer is usually very measured with her words I'd take this very seriously.

The "other side of the case" is the hospital closes and the taxpayers and residents get screwed. spin away, but at the end of the day, Mason and Russo will vote to save the hospital or to close it. The voters will fully understand the implications of their votes and they will be held accountable. There's no "face saving" way out of the box ypu've placed yourselves in. Do what's right and you'll rightfully share in the credit. Vote "no" and you'll pay the price from an electorate that will no exactly who is to blame. There's no spin to hide behind. Do the right thing - all of Hoboken is watchig and id if the hospital closes every man woman and child will know who is responsible.

Greenhaven, I agree with this 100%. Someone should clearly state this multiple times tonight before the vote. If you vote against this bond ordinance you will close the hospital and put the taxpayer on the hook for 52 million dollars. Its time to put up or shut up.

"Condo conversion" rumor-mongering is a staple of Hoboken politics. It's not really campaign season unless someone puts a "X is going to convert the projects to condos" flier under the door. Is this news to you? It feels like you are learning about Hoboken from a distance.

Passkey we're not suppose to talk in public about $10 million in bonding. I promised the unions and creditors I could get that for them. Now they are upset because maybe I can't.

Thought I had everyone confused with my consultant campaign. The public doesn't know what I'm doing. One day I sabotage the hospital and try to close it, the next day I say there's another bidder, then I go and make back room deals with the creditors and the lawyer who said the bankruptcy was a fraud.

No matter, whether that hospital closes or not I will announce my victory!

You are unable to comprehend my brilliant strategy. Sabotage the hospital and close it, I win and have a celebratory dinner. Get $10 million for my creditor friends and I'm a superhero. They will be behind me forever!

See how it always works out for me? Cuz I have access to a checkbook. Minions prepare for the final propaganda battle! Onwards to Mason411 and victory!

PK sssh, we're trying to oblige the Hoboken taxpayers for $10 million. But don't tell them yet. Mikie Squared and I have kept that poison pill deed restriction out there for a while. We don't have the votes for it anyway but it's a good talking point for me.

We'll also complain tonight about turning the hospital into condos. Just don't mention that Applied building going up in the second ward getting all those complaints. I'm not allowed to comment on my friends who got me votes.

A fair portion of the electorate act out of greed and/or ignorance every election cycle in this town. That is how Russo keeps getting reelected & Mason & Timmay bought the results they got. The continued willful ignorance of that portion of the electorate is to be expected. The last thing people like Beth & Russo want are informed voters and educated voters.

And FYI - the article states no such thing. The city is under no obligation to pay anything to the creditors. The creditors are asking for $10mm but that is not something we are obligated to pay.

Based on the fact that virtually all the press coverage that cites the $10 million figure also describes Mason's supposed negotiations with the City about her vote, that I've heard from a reliable source never occurred, it seems clear that the $10 million figure was provided to Claire, Tim Carrol and others by Mason herself. Perhaps that's why Passkey, whose allegiance to Mason has always been clear, keeps repeating it even though its untrue. It kind of makes you wonder whether Mason is working for the City or working for the creditors.

I have always found Toni T of the Hospital Board to be an honorable person and someone I respect and trust greatly. I hope she speaks at the CC meeting.

We get the bill for the bonds but get to keep the building. The creditors get close to nothing. The employees get let go and probably don't even get severance b/c there is no cash. And Russo will have a ton of upset neighbors to answer to.

The Hospital's creditors will argue in Court that the City is liable to pay the Hospital's bills. No matter how weak we think their claim is, litigations involve both cost and risk. If the creditors pursue those claims and lose they will likely get nothing, but in the unlikely event they win the City is screwed. Even if the City prevails and the creditors wind up with nothing the taxpayers will have to foot an enormous bill for legal fees. It is clearly in both sides interest to settle this out - the only question is whether there is a dollar amount that will make nobody happy but will get the deal done. It seems to me that the Mayor's $5 million figure makes sense.

But they will argue it in bankruptcy court where the legal bills are all paid by the creditors and I doubt all the creditors will want to go along w/ paying for that speculative litigation when it comes out of their pockets. The city can petition the bankruptcy court to cover our costs as well. I think people are overestimating the risk here.

It won't be Mason. She hates the mayor too much.

IMO, Mrs. Mason has based her entire political career on extreme negativity and an almost pathological personal demonization and hatred of those who she has seen as standing in her way.

That kind insanity has in great part caused her repeated failures in a political career she so desperately seems to crave to try to validate herself.

The Russo's will get behind whatever option provides the best opportunity for another big payday. In the case of the hospital I think they are willing to risk angering a large number of their neighbors in order to have an opportunity to work with developers on another large project. My guess is that the Russo's will be voting no tonight, and trying to blame the Zimmer administration. Our only hope then is with Occipinti, so I think the hospital deal may be kaput.

This was probably the plan all along and Mason's letters and press releases was designed to muddy the waters and make it more difficult to assign blame to them.

Yep, all coordinated. The crap website stories, the Mason letters, coordinated with trying to remove a zoning board official. Low and behold the hospital fails and the property gets sold to try and cover the 52 million. They get their people on the zoning board and then get developer payoffs for the ChurchTowers Crime Family and maybe Mama 5 bucks can take up real estate again.

Thanks Beth Mason. You really got in bed with a wonderful bunch