A poll out last week showed voters are strongly in favor of raising the minimum wage and would vote yes on a referendum to change the state constitution to make future minimum wage increases automatic based on changes in the Consumer Price Index.
In this week’s State Street column, we look at how the business community is banding together to try and change those numbers.
Meanwhile, we also look at why companies thinking of relocating to New Jersey might be watching this year’s elections closely, and we have the latest on a bill that could eliminate a nagging commercial development fee once and for all.
In Grapevine, we look at the fallout from the New Jersey Economic Development Authority’s awarding earlier this month of the $100 million residential set-aside of the Urban Transit Hub tax credit program. Sources say one developer in particular was none too happy to be left on the losing side on the equation.
Grapevine also looks at what might happen to Honeywell International Inc.’s soon-to-be vacated headquarters in Morris Township. The company is moving to Morris Plains.