NJBIZ - Business News http://www.njbiz.com NJBIZ News NJBIZ News en-us Copyright 2018 NJBIZ Mon, 23 Jul 2018 02:10:39 EST Mon, 23 Jul 2018 02:10:39 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729972&source=RSS Jersey City can't decriminalize pot, AG says Less than a day after Jersey City officially decriminalized marijuana, the state attorney general told city officials to put on the brakes. Fri, 20 Jul 2018 14:31:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729972&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729973&source=RSS Murphy signs bill, says 'get butts off beach' That was the message Gov. Phil Murphy got across Friday at a bill-signing at the Long Branch boardwalk outlawing smoking on public beaches in the state. Fri, 20 Jul 2018 14:08:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729973&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729984&source=RSS Murphy creates health care benefits task force Gov. Phil Murphy signed off on a new task force aimed at scrutinizing how the state finances New Jersey public employees' health benefits plans. Fri, 20 Jul 2018 12:59:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729984&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729986&source=RSS Coldwell Banker opens new office in Madison The Madison office of Coldwell Banker Residential Brokerage has relocated to a new space located at 49 Main St. Fri, 20 Jul 2018 12:02:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729986&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729987&source=RSS 30 percent passenger increase reported at Trenton-Mercer Airport Trenton-Mercer Airport saw a 30. 6 percent increase in passengers from 2016 to 2017, according to numbers released by the Federal Aviation Administration. Fri, 20 Jul 2018 11:17:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729987&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729988&source=RSS Honeywell sales surge 8 percent in Q2 Honeywell had a honey of a second quarter, outpacing Wall Street projections for earnings and reporting top line gains fueled mostly by operational growth. Fri, 20 Jul 2018 11:14:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729988&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729993&source=RSS EDITORIAL Bag reduction thoughtful start to environmental leadership This has become the summer of single-use bags, with the ongoing debate surrounding proposed legislation that would place a 5-cent fee on single-use paper and plastic bags throughout the state. Fri, 20 Jul 2018 08:15:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729993&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729994&source=RSS Murphy, public union ink 34M contract Gov. Phil Murphy&#8217s administration announced Thursday that it has signed a 34 million contract with 6,500 state workers from the American Federation of State, County and Municipal Employees. Fri, 20 Jul 2018 08:10:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729994&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729995&source=RSS Progress Capital arranges refinancing for Newark multifamily Progress Capital Partner Brad Domenico has arranged a million non-recourse permanent mortgage of more than 4. 8 million for a client to refinance their multifamily property in Newark&#8217s Weequahic neighborhood. Fri, 20 Jul 2018 08:05:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729995&source=RSS http://www.njbiz.com/article/20180720/NJBIZ01/180729996&source=RSS Gebroe-Hammer completes sale of Atlantic Highlands multifamily Gebroe-Hammer Associates has finalized the 56 million sale of Thousand Oaks Village, a 304-unit apartment complex in Atlantic Highlands. Fri, 20 Jul 2018 08:02:00 EST http://www.njbiz.com/article/20180720/NJBIZ01/180729996&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719784&source=RSS EDA, Rutgers unveil skeptical tax credit report Are economic incentives and tax credits actually helping New Jersey? Thu, 19 Jul 2018 16:44:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719784&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719787&source=RSS TriState Capital hires Hill for NJ James Hill has joined TriState Capital Holdings Inc. as senior vice president of commercial lending for its New Jersey regional office. Thu, 19 Jul 2018 14:43:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719787&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719793&source=RSS American Water to acquire Roxbury Water Voorhees based-New Jersey American Water on Thursday announced an agreement to acquire Roxbury Water Co. , which has 3,900 residential and commercial customers in Roxbury Township. Thu, 19 Jul 2018 14:09:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719793&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719794&source=RSS NY Red Bulls debut app The New York Red Bulls are looking to score with the launch of the Major League Soccer club&#8217s first mobile app. Thu, 19 Jul 2018 14:02:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719794&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719795&source=RSS NJ utility board details final stretch for offshore wind plan The state&#8217s Board of Public Utilities on Thursday held one of its first public hearings aimed at narrowing down how it might go forward with a comprehensive offshore wind plan, with the emphasis for now on getting information on the process out to the public. Thu, 19 Jul 2018 13:48:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719795&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719796&source=RSS Toys R Us reaches settlement with group of creditors Toys R Us has reached a settlement with some of its creditors, including vendors, according to court documents filed in bankruptcy court for the Eastern District of Virginia. Thu, 19 Jul 2018 13:45:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719796&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719797&source=RSS Lofts at Lincoln Park officially opens in Newark Newark Mayor Ras Baraka joined Mid Atlantic Alliance LLC executives Thursday to cut the ribbon on the Lofts at Lincoln Park in the city&#8217s East Ward. Thu, 19 Jul 2018 13:38:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719797&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719798&source=RSS HFF completes 9.1M financing for Swedesboro industrial Holliday Fenoglio Fowler announced the 9. 1 million financing for a 254,250-square-foot, Class B industrial building on 25. 38 acres in Swedesboro. Thu, 19 Jul 2018 13:35:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719798&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719799&source=RSS Increases in NJ prime logistics rents accelerate New Jersey saw prime logistics rents &#8211 the highest achievable lease rates for top-quality warehouse and distribution center space &#8211 increase by 9. 5 percent, according to a new report from CBRE. Thu, 19 Jul 2018 13:26:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719799&source=RSS http://www.njbiz.com/article/20180719/NJBIZ01/180719801&source=RSS Archer welcomes partner in public finance, government affairs Timothy Cunningham has joined Archer amp Greiner PC as partner in the firmrsquos public finance and governmental affairs groups. Thu, 19 Jul 2018 12:26:00 EST http://www.njbiz.com/article/20180719/NJBIZ01/180719801&source=RSS