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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson.

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New York Incentives and Workforce Development Guide

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World Trade Center Job Creation & Retention Program (JCRP): Encourages companies to commit to creating a minimum of 75 new jobs, or retaining at least 200 jobs, in Lower Manhattan. The combination of a bank loan and a JDA Loan allows up to 90% financing of a project.

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LOCATION FOCUS: United It Stands

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New York State’s 54,556 square mile geography is divided into 10 economic regions (according to Empire State Development)—Western New York, Finger Lakes, Southern Tier, Central New York, North Country, Mohawk Valley, Mid-Hudson, Capital District, New York City and Long Island.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

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As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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New York Incentives and Workforce Development Guide

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For a list of New York economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. FINANCING & GRANTS. Typical financing structure: 50% Bank Loan. Research and development, high technology, service and other non-retail commercial enterprises.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.

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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. In New York City, Long Island and Westchester County, businesses must be start-ups or high-tech companies.

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