And there are more details tonight about New Jersey transit's decision to choose two Gateway in Newark as its new headquarters according to public documents first obtained by northjersey.com the Transit Agency rejected a cheaper option at the nearby Panasonic building all to the tune of more than 110 million dollars less the report finds the Panasonic location would have been less expensive more efficient and secure when compared to two Gateway the analysis was prepared by a real estate brokerage firm hired by New Jersey transit to find its new headquarters it also showed the least expensive option that would have been to State the agency's current site at Penn Plaza East in Newark even though the building is in need of significant repairs that would be disruptive to workers for several years according to the report the decision though is facing sharp criticism as New Jersey Transit has a nearly 1 billion dollar budget Gap proposed in the next two years and is also reportedly considering Fair hike service cuts and layoffs to make up the shortfall That's prompting Republican lawmakers to call for hearings on the lease decision and more transparency in the process support for the business report provided by the Chamber of Commerce Southern New Jersey working for economic Prosperity by uniting business and Community leaders for 150 years membership and event information online at chambersnj.com