Michael Flett is a lifelong resident of New Jersey and has lived in Hoboken for 25 years. He is married to Michelle Flett and they have 3 boys, Calvin - 15, Quincy -13 and Wyatt -11.
Michael had a successful 15 year career as a member of the New York Mercantile Exchange and owned a brokerage and trading firm specializing in Natural Gas Derivatives. His current company, Flett Exchange, which is headquartered in Hoboken, just celebrated its 10th year in brokering Solar Credits which help finance over 6,000 solar installations in New Jersey on homes, businesses, schools and municipalities.
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In addition to running his business, Michael has firsthand experience fostering legislation needed to help protect the solar industry in New Jersey, demonstrating his knowledge of how to turn ideas into reality. He was actively involved in the hugely successful 2012 “Solar Act” which amended legislation to ensure that investments in solar in New Jersey were kept whole and continued. For more than a year he worked with various coalitions and stakeholders to help craft a bill that was accepted by the New Jersey Division of the Rate Council and signed into law.
In Hoboken, Michael is a member of the steering committee of the Hudson Street Alliance, a resident coalition formed to address concerns with overdevelopment and parking in his neighborhood. He is an active member of Saint Peter and Paul Church, having spent several years on the parish finance council, and currently serving as chairman of the parish investment committee. In his spare time, he is an active distance runner.
A homeowner in Hoboken’s uptown 2nd Ward, Flett cites the impact of taxes on Hoboken families as a major factor influencing him to enter the race. "This burden makes it difficult, if not impossible, to afford to pay for college for your children or save for retirement. All the new development in town during the last 10 years should have reduced homeowners and business owners taxes, but instead our current administration took the savings and increased spending. Hoboken should be a destination where people want to lay down roots and raise their families, but we are currently taxing many of them out of town. Smart fiscal management builds a community by allowing people to stay."
An early supporter of Mayor Dawn Zimmer during her first term in office, Michael now sees a need for new energy and increased effectiveness in City Hall. “I’m looking forward to hitting the campaign trail and talking to voters so we can get to work on long overdue solutions for Hoboken. I’m proud to run alongside Councilman DeFusco as he runs for Mayor. He’s shown the vision and understanding of the issues that we need from a Mayor in order to move our city forward. With a new administration and a re-energized city council, we can make sure Hoboken is a place where our residents are respected, our businesses can succeed, and our families can call home for as long as they desire to live here.”