The Rundown

Christie, lawmakers reach deal to fund road projects

A bipartisan deal, unveiled Friday at the Statehouse, calls for raising the state’s gas tax for the first time since 1988 to replenish the Transportation Trust Fund. The 23-cent-per-gallon increase will fund a $2 billion TTF plan over the next eight years, with 100 percent of gas tax revenues constitutionally dedicated to repair and replace the state’s roads and bridges.

Court dismisses challenge to American Dream bond sale

A state appeals court has ruled in favor of the state’s efforts to complete the American Dream Meadowlands project, dismissing a challenge to a $1.15 billion bond issuance that would help a developer resume construction at the stalled retail and entertainment complex.

76ers open new practice facility, team HQ in Camden

The Philadelphia 76ers have unveiled their new state-of-the-art, 125,000-square-foot practice facility near the Camden waterfront.

Business moguls halt funding of North Jersey casino campaign

Facing what appears to be a lack of support, the top backers of a media campaign to expand casino gaming to northern New Jersey have suspended their advertisements.

Opponents of American Dream bond sale dig in for legal battle

The fight over a $1.15 billion bond sale that would help a developer complete the stalled American Dream Meadowlands project is now in the hands of a state appeals court.

Developer seeks to convert former Jersey City hospital

City officials are weighing a developer’s plan to redevelop a former hospital in Jersey City into a nine-story, 99-unit residential and retail building, according to The Jersey Journal.

Nursing school, advising center opens at new Trenton complex

Thomas Edison State University has marked the opening of a new building in Trenton that is home to its nursing school and a student advising center, according to the Times of Trenton.

Sports authority OKs amended plan for American Dream bonds

A state authority has amended two resolutions that will allow a developer to seek more than $1 billion in bonds to help it complete the sprawling American Dream Meadowlands project.

Kushner’s Monmouth Mall plan gets another look

Local officials in Eatontown have approved a zoning change that would allow the Kushner Cos. to move ahead with its sweeping mixed-use redevelopment of the Monmouth Mall.

Developer Blatstein bullish on Atlantic City’s future

Speaking to a crowd of fellow real estate and retail professionals, developer Bart Blatstein on Tuesday made a pitch for bringing new development and investment to Atlantic City.