No quick fix: Can NJCU find innovative solution for $51 million infrastructure repair bill? ...Middle East

A year ago cash-strapped New Jersey City University needed a plan to tackle its financial emergency. Now it must find a way to address decades of deteriorating infrastructure that will cost in excess of $50 million. Boiler replacements, campus-wide HVAC repairs, new roofs and elevator infrastructure are just some of the listed items the university has on a to-do list for its older buildings. The school’s chief financial officer issue a dire warning at Monday’s Board of Trustees meeting that the university “does not have the debt capacity to borrow funds to correct” what he called “serious infrastructure” issues. The post No quick fix: Can NJCU find innovative solution for $51 million infr

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