N.J. Businesses, Developers Strategize for Newark’s Economic Growth

This article discusses the Newark Regional Business Partnership’s Annual Real Estate Market Forecast, which was held on March 2, 2010. According to the article, “But Ted Zangari, a redevelopment attorney with Sills Cummis & Gross of Newark, talked up two New Jersey laws that he described as game-changers: the new Economic Redevelopment Growth Grant, which can provide 20 percent of a project’s financing; and the new Urban Transit Hub Tax Credit, which can provide a 65 percent savings on rent for companies that move to a built-to-suit location in one of nine New Jersey cities.”