A financial technology firm could be coming to Jersey City after being offered a 10-year, $5.6 million state tax credit package to move its headquarters from Lower Manhattan.
LeFrak has kicked off leasing for what it calls its “most ambitious project” in Jersey City since the firm began to lead the redevelopment of the city’s Newport section decades ago.
In Jersey City, fashion designer Tory Burch has leased 93,000 square feet over two floors at 499 Washington Blvd., an office tower in LeFrak’s master-planned Newport community.
A state authority has offered a nearly $11 million tax credit to entice fashion retailer Tory Burch to move corporate offices from Manhattan to Jersey City.
The U.S. affiliate of a Chinese construction giant has broken ground on its first project in Jersey City, a 358-unit condominium complex within the city’s waterfront Newport section.
