AGP Executive Report
Last update: 11 hours agoBusiness Climate: Gov. Mikie Sherrill unveiled New Jersey Means Business, a four-part economic strategy aimed at improving competitiveness and addressing companies’ concerns about costs and regulation. Office Market: The state’s 21.7% office vacancy rate masks a tighter contest for tenants: 30.5% of vacant space has been listed for at least five years, Cushman & Wakefield reports. Small Business: The Devils and Citizens doubled Jersey Shops funding to $40,000, offering four New Jersey businesses $10,000 each; applications close Feb. 7. Energy Infrastructure: Audubon-based Spotlight Energy Solutions has installed its 3,000th EV charger across New Jersey and neighboring states. Corporate Moves: K. Hovnanian is relocating its headquarters to Bell Works in Holmdel. Development: NJ Transit approved three transit-oriented development projects in Jersey City, Bound Brook and Morristown, while the state’s film-production boom continues to draw projects east.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.