Month: May 2014

$58 million in Incentives Awarded to New Jersey Companies

Written by caitie on May 22, 2014. Posted in Uncategorized. 64 Comments on $58 million in Incentives Awarded to New Jersey Companies

New Jersey awarded Unilever $40 million in tax breaks Friday to keep the company in Englewood Cliffs and retain 1,600 jobs in the state, while giving JPMorgan Chase Bank and RBC Capital Markets about $300 million in breaks in return for the companies’ commitment to add 1,900 jobs in Jersey City over 10 years. (Read full story on NorthJersey.com)

New Jersey Sees 6.9% Unemployment Drop

Written by caitie on May 16, 2014. Posted in Uncategorized. 76 Comments on New Jersey Sees 6.976 Unemployment Drop

New Jersey officials say the state unemployment rate dropped to 6.9 percent for April, its lowest level in more than five years. (read full story from The Trentonian here.)

AvalonBay officially files lawsuit against Princeton officials

Written by caitie on May 13, 2014. Posted in Uncategorized. 81 Comments on AvalonBay officially files lawsuit against Princeton officials

PRINCETON — After giving Princeton attorney Trishka Cecil a heads-up phone call Tuesday afternoon, AvalonBay officially filed suit against the town, council, Mayor Liz Lempert and several municipal department heads today,hoping the court can intercede in environmental matters concerning the 280 residential units the developer is proposing for the former University Medical Center site. (read the rest of the article on nj.com)