(EDIT: My bad, FitStriver! I was so busy typing I didn't notice you posted a separate thread on this... http://www.realjock.com/gayforums/3629278
Steve Kornacki, who interestingly worked unknowingly for Wildstein back when the latter was under the "Wally Edge" pseudonym, also posited a theory that has some meat on its bones, too, over the weekend.http://www.msnbc.com/steve-kornacki/the-bridgegate-theory-you-havent-heard
This one revolves around the billion-dollar redevelopment plan just a block away from the three-lane toll exit for the GW Bridge. Kornacki referred to the site as "for decades... perhaps the most coveted slice of real estate in all of New Jersey." The site was once part of a busted Mob-developer bribery scheme in the 1970s.
It seems the financing for this current development was heavily dependent on easy access to the bridge, and the reduction in lanes was possibly done to screw with those financing plans for part of this development as they were being finalized.
MSNBCAs those closures played out in September – and as his calls were ignored by Christie officials – (Fort Lee Mayor Mark) Sokolich wrote an email to Christie’s point man at the Port Authority, Bill Baroni, asking him to reopen them and asking this question: “What do I do when our billion dollar redevelopment is put on line at the end of next year?”
There was good reason for the project to be on Sokolich’s mind. The redevelopment of the land has been laying out in several phases. Twin 47-floor towers are currently under construction on half of it, with residents expected to begin moving in late this year. But back in September, when the lanes were closed, financing had not yet been finalized for the redevelopment of the second half of land – a plan to build a mix of commercial, residential and parking facilities. Speedy access to the George Washington Bridge – and to those access lanes in particular – is what made the land particularly valuable, both to developers and potential tenants.
A study commissioned by Fort Lee a year earlier had stressed that, once the site was redeveloped, anyone living or working at it would be able to drive to the bridge expeditiously even during rush hour. And in a brochure, the lead developer of the second half of the project – a development called Hudson Lights – played up its proximity to the bridge.
Notably, a Bergen Record report from last September 16 announced that financing had – after an unexpected delay – been finalized for the Hudson Lights portion of the redevelopment. That date – September 16 – came three days after New York officials at the Port Authority intervened to put an end to the lane closures.