The octagonal 50-foot clock remaining on the shore of the Hudson River facing Manhattan is a historical reminder of Jersey City's tenaciousness and its prominence during the 1940s & 1950s. By the 1970s, the city experienced a period of urban decline clouded by corruption held over from the Mayor "Boss" Hague reign of backroom deals and political cronyism .
Source: http://inventorspot.com/articles/jersey_city_ignites_innovation_waterfront_development_reality_fi
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