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PCL Sues Big Bank for $30M in Claimed NJ Mall Unpaid Work

ENR Construction

million-sq-ft American Dream retail-entertainment venue seeks funds for unpaid invoices and interest.from lead lender JP Morgan Chase, as agent for financially struggling project developer.

Banking 36
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PCL Sues JPMorgan Chase for $30M in Claimed Unpaid Work on NJ Megamall

ENR Construction

million-sq-ft American Dream retail-entertainment venue, which opened in 2020 as COVID-19 restrictions mounted, has sued lead lender JP Morgan Chase for unpaid invoices and interest.

NJ 36
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FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

Certain types of businesses are excluded from the program, including retail and wholesale businesses; restaurants and hospitality; professional practices like law firms and medical offices; and energy production and distribution companies. Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund.

Indiana 108
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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Rogers noted that all three states have established highly diversified growth strategies and staked a claim to leadership in high-tech hubs. This team will create technology solutions that will accelerate our commitment to becoming a best-in-class, omni-channel retailer and strengthen our associate and customer experiences.”.

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State by State Incentives Guide

Buisness Facilities Contributed Content

State Credits available against the Corporate Income Tax: Education Credit (AS 43.20.014): Taxpayers that contribute to vocational education programs or accredited Alaska universities or colleges for educational purposes or facilities may claim a tax credit for 50% of the first $100,000, 100% of the next $200,000, and 50% of further contributions.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. The benefit depends on the tier in which the company locates.

Income 75
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FEATURE STORY: The Story Of Storage

Buisness Facilities Contributed Content

Data centers are crucial to operations across countless sectors, from retail to information technology, government to biotech, logistics to engineering. CoreSite Realty Picks NJ. The facility, which will be dubbed NY2, is the company’s first data center in New Jersey and a sign of continuing activity in the northern NJ market.