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New Jersey: Pioneering The Future Of Food In The Garden State

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. “With 14 of the top pharmaceutical companies in the world and more than 400 biotech companies, new Jersey is the ideal place for pioneering new ideas through collaboration with companiees with scientific know-how.” ” —Michele Brown, President and CEO, Choose New Jersey, Inc.

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Giving and Getting

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An eyebrow-raising report issued this week by New Jersey Policy Perspective, a public-interest lobbying group, reveals that NJ has awarded an astounding $4 billion in tax breaks and credits in the past four years as the closing juice for some of the largest business development deals in the Garden State. Mid Atlantic Tax credits'

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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

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Nearly 50 fatalities were reported in New York in the days after the storm; the death toll in New Jersey did not exceed 40 thanks to heroic efforts by NJ Gov. The rest of Moody’s estimate comes from lost business activity. Moody’s also estimates that Sandy will be the third most costly U.S. Kim Guadagno.

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FEATURE STORY: 2013 Economic Development Awards

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The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The city has adopted three NH Economic Revitalization Zones, offering corporate tax credits to qualifying businesses. Achievement In Business Retention.

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The Oculus

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Now, the Port Authority of New York and New Jersey has built a $4-billion train station for the World Trade Center. As delays mounted, the estimated cost for the WTC project headed for the stratosphere, with no price tag rising higher than the one for Calatrava’s masterpiece.

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FEATURE STORY: 2014 Economic Development Awards

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START-UP NY (which stands for SUNY Tax-free Areas to Revitalize and Transform Upstate NY) is an initiative to turn SUNY campuses and other university communities across the state into tax-free communities for new and expanded businesses. Choose New Jersey/NJ Economic Development Authority for Grow NJ (the Grow New Jersey Assistance Program).

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Cover Story: New Energy Powers Growth

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Early estimates for 2013 production project that output in PA topped 3 trillion cubic feet last year. State officials estimate more than 240,000 people are working in jobs created or made more prosperous by the Marcellus and Utica shale gas plays. NEW JERSEY IS A SOLAR GIANT.