Slow Economic Growth for State Predicted, but Retail Development Promising in Newark

New Jersey BusinessVol. 54 Nbr. 4, April 2008

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Summary


Joe Ritchie, chief executive officer of Brick City Development Corporation, said, What we need to get across [to retailers] is that you may look at Newark or another urban area and the incomes are relatively low compared to target incomes, but there is significantly more [population] density.

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Slow Economic Growth for State Predicted, but Retail Development Promising in Newark

The recent Newark Regional Business Partnership Annual Real Estate Market Forecast not only explored the state's real estate scenario and economy, but, via a panel discussion, it examined bringing more entertainment and ret...

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