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Housing / Costs / Hoboken #251226

CBS Evening News for Thursday, Mar 03, 1977
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(Studio) Results of study on hsing. costs by urban affairs experts at Harvard and Massachusetts Institute of Technology noted.
REPORTER: Roger Mudd

(Studio) Hoboken, New Jersey, once known only as Frank Sinatra's hometown and site of filming of "On the Waterfront." Now has become model for hsing. industry
REPORTER: Roger Mudd

(Hoboken, New Jersey) Report on renovation of Hoboken after decline in 1950's. John Jacob Astor had summer home here; city only 15 mins. from NYC's Broadway; was settled by Dutch. [Former hsing. and redevelopment director Robert ARMSTRONG - says US Housing and Urban Development saw opportunity as Hoboken small city and renovation could have dramatic impact.] Factory which made parts for bomb sights in WW II is now apt. complex. people in New York City now see advantages to Hoboken. [Mrs. Betty FITZENRIDER - cites reasons they moved here.] George and Betty Fitzenrider moved here 5 years ago;house appointments noted. Improvements made on home of former Manhattan couple noted. Influx of minorities, like Puerto Ricans, hasn't caused flight to suburbs. Future for town is bright.
REPORTER: Gary Shepard

Reporter(s):
Mudd, Roger;
Shepard, Gary
Duration:
00:05:10

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