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

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The new law builds on Christie’s commitment to revitalizing New Jersey’s cities. 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.

Zoning 47
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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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INDUSTRY FOCUS: The Process of Food

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And while it may take food processors more time and money to produce the product, with retail sales growing each year, it may be worth it in the end. Just an hour North of New York City begins a great expanse of farmland that extends hundreds of miles to the Pennsylvania border. Using the IDA and Empire Zone program, $3.3

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The Process of Food

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And while it may take food processors more time and money to produce the product, with retail sales growing each year, it may be worth it in the end. Just an hour North of New York City begins a great expanse of farmland that extends hundreds of miles to the Pennsylvania border. Using the IDA and Empire Zone program, $3.3

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New York Incentives and Workforce Development Guide

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Commercial District Revolving Loan Trust Funds: ESD has capitalized over $600,000, making funds available to five community-based corporations to administer and make loans to small retail and service businesses in their service areas. Loans may be up to 60% for projects located in Empire Zones or economically distressed area.

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When office-to-residential conversion works

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Office buildings are worth more” than residential as income generators, she explains. If there’s a market for it” is the operative term, however, because office districts in major cities are under stress as they’ve emptied out in the wake of the pandemic, and many building owners are defaulting on loans, according to The New York Times.

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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.