Dear Prospective Relocating or Expanding Business:

The New Profit Center, the most comprehensive guide to business incentives in Jersey City, contains significant information about State-sponsored programs from the New Jersey Commerce and Economic Growth Commission as well as locally sponsored programs, particularly from the Jersey City Economic Development Corporation. In addition, this booklet contains comparative information about tax rates, utility rates, office rental rates and industrial rental rates.

Jersey City, which is home to Goldman Sachs, JP Morgan Chase, The New York Daily News, Bavarian Motor Works (BMW), UBS | PaineWebber, Merrill Lynch, and other world-class businesses, is the best municipality to “open-up shop” in New Jersey. Of course this is not a hyperbole: Robert Yaro, executive director of the Manhattan-based Regional Planning Association, disclosed to the Star-Ledger that “New York City just can’t position itself to create the next generation of development sites, while Jersey City and the state of New Jersey have. Jersey City is now probably the best, most convenient corporate location in the region outside of Manhattan.” Barry Gosin, CEO of Newmark Real Estate, revealed to GlobeSt.com that it’s unlikely that the City (NYC) could pass sufficient tax incentives to make Manhattan competitive with Jersey City.

Best Regards,

Gene Nelson
Chief Executive Officer
The Jersey City Economic Development Corporation

Call us at 201-333-7797. We will be more than willing to offer our assistance.