Office buildings within the state’s transit hub market record lower vacancy rates and higher rents compared to suburban spaces, according to JLL’s annual research report. Companies continue to pursue …
Incentive program enters final year, drawing concern from CRE sector
With the Grow New Jersey program set to expire in less than a year, the prospect of losing the incentive is already weighing heavily on the state’s commercial real estate market.…
Mack-Cali, E-Trade ink 132,000 sq. ft. lease in Jersey City
Mack-Cali Realty Corp. and E-Trade Financial Corp. have completed a lease renewal in Jersey City, where the online brokerage will expand to more than 130,000 square feet.…
Report by business, labor groups fights back against criticism of incentives
Amid growing criticism of the state’s incentive programs, a group of prominent business and labor associations are aiming to set the record straight in Trenton.…
State OKs incentive for E-Trade expansion in Jersey City
E-Trade Financial Corp. could be in line to expand its footprint on the Jersey City waterfront, following the approval Tuesday of a 10-year, $20.1 million tax credit package by the state Economic Deve…
Fintech firm leaving Manhattan, leases 8,000 sq. ft. in Newark
A financial technology firm will relocate to Newark from Manhattan later this year, following an 8,000-square-foot lease at the historic Hahne & Co. building downtown.…
Amazon HQ2: Christie signs bill for $5 billion incentive package
Less than a week before leaving office, Gov. Chris Christie has signed off on a $5 billion incentive package to help land Amazon’s coveted second headquarters project.…
New EDA incentive aimed at spurring projects, research near N.J. colleges
Businesses that locate near New Jersey’s colleges and universities and form research partnerships with the institutions can now qualify for enhanced tax credits under the Grow New Jersey program, the …
EDA awards $38 million to help linen business expand in Irvington, Trenton
An industrial linen business is poised to double its footprint in Irvington and upgrade its space in Trenton, following the approval of nearly $38 million in state tax credits over 10 years.…
Murphy brothers building on careers in law, government with launch of boutique firm
By Joshua Burd Kellen and Chris Murphy are no strangers to the world of real estate and public policy in New Jersey, but in recent months they’ve been seeing it from an entirely new vantage point. Ear…