BAYONNE - N.J. - Nicole Adamczyk’s drinking water used to slosh through a snarl pipes dating from the Coolidge administration - a rusty rickety symbol of the nation’s failing infrastructure.
So, in 2012, this blue-collar port city cut a deal with a Wall Street investment firm to manage its municipal waterworks.
Four years later, many of those crusty brown pipes have been replaced by shiny cobalt-blue ones, reflecting a broader infrastructure overhaul in Bayonne. But Ms. Adamczyk’s water and sewer bills has jumped so much that she is thinking moving out of town.
“My reaction reaction was, ‘Oh so I guess I’m screwed now?’” said Ms. Adamczyk, an accountant, and mother of two who received a quarterly bill for almost $500 this year.