NJBIZ

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from March 08, 2004
Last Document: March 14, 2011

ISSN 1540-4161

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NJBIZ, March 14, 2011

High Tech Medicine

Dep Rule Aims to Waive Certain Requirements

"One size doesn't always fit all in government," said Bob Martin, commissioner. "This offers a practical flexibility in allowing us to deal with issues." The DEP said it would consider a waiver application only if the requirement to be waived conflicts with another department, state or agency rule; strict application creates undue hardship; the waiver generates a net environmental benefit; or there is a public emergency.

Developer Announces Its First Project in Hoboken

The project, called Willowl4, will consist of 140 apartments, 22,000 square feet of retail space and 387 parking spaces on a currently underused site, the purchase of which Advance closed in January. Occupancy is targeted for the end of 2013.

Jersey City Receives Development Grant

[Frank Lautenberg], a member of the Senate Appropriations Committee that funds the TIGER program, added that the project will "transform Jersey City, provide residents with increased access to mass transit and create new economic opportunities for New Jersey families." - Laura Mortkowitz The Jersey City Redevelopment Agency announced last week it received a $2.3 million federal grant to speed completion of the Canal Crossing redevelopment project, which aims to improve underused lands, create...

Law Benefits Socially Conscious Companies

"The most innovative companies are being held back by 20th-century laws," said Erik Trojian, director of policy at B Lab. "Signing this bill tells these companies that they are welcome in New Jersey. " - Martin C. Daks Before the Benefit Corporation legislation was passed, "all corporate directors and officers had a legal duty to maximize shareholder value, even when making other choices might be better for society," according to an announcement from B Lab, a nonprofit organization that focus...

Blame It On the Weather

Heavy snowstorms and the painfully slow pace of economic recovery combined to reduce New Jersey home sales in January by 22 percent, compared to...

Vehicles Top List of Consumer Complaints

Banks and financial institution transactions were behind 451 protests, while debt collection and telecommunications accounted for 418 and 369 complaints, respectively. Bringing up the rear were cable TV subscriptions and home furnishings complaints, at 276 apiece. - Martin C. Daks The complaints "highlight our enforcement priorities and the continuing need for strong consumer education programs," said Thomas R. Calcagni, acting Consumer Affairs director.

Correction

Richard Baehrle, a broker with Prudential Fox Roach and chair of the Atlantic County Economic Development Commission,...

Deals Around New Jersey

* Avantor Performance Materials, based in Phillipsburg, announced it has changed its Mallinckrodt Chemicals product brand name to Macron Chemicals. The company changed its name from Mallinckrodt Baker Inc. in November 2010.

A Poor Month for Jobs in N.J., Nation

"January's number is disappointing, and we'll see if it holds up," [James W. Hughes] said. "It's not positive, to say the least, but the nation also had a very weak January (with) a very strong bounce back in February." - Andrew Kitchen mon The state is following the same pattern as the country in having private-sector gains in 2010 after a negative 2009, but the recovery is at a slower pace than the country's, according to James W. Hughes, dean of Rutgers University's Bloustein School of Pla...

Epa Makes Additions to Superfund List

The site - which the EPA proposed for the Superfund list in October - consists of several trenches in a wooded area, where sludge of an unknown origin was illegally dumped, the agency said. Exposure to the contaminants found at the site can cause liver damage, nervous system damage and increased risk of cancer, according to the EPA. The U.S. Environmental Protection Agency said last week it has added the Mansfield Trail Dump Site, in Byram Township, to its Sup erf und National Priorities List...

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