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JERSEY CITY : Gateway to Opportunity

Table of Contents Pohotographer Steven J.Dundas

LIVE Public-Private Partnerships that Benefit Businesses & Residents ...... 4 A World of New Possibilities ...... 10 Jersey City: Home Sweet Home ...... 12 Scientific Revival ...... 16 PROSPER Government, Economy & Community...... 18 Making Life a Little EZier ...... 20 The Lure of Tax Breaks & Incentives ...... 22 A Manhattan Transplant Thrives on Hudson Street ...... 24 SHOP A Shopper’s (and Bargain Hunter’s) Paradise...... 25 The New & Improved Newport Centre ...... 26 Hudson Mall Changes to Meet the City’s Needs ...... 27 ENJOY Tourism Heats Up All Around Town ...... 28 A Creative Center of Cultural Life ...... 30 Steven J. Dundas

2 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 02-03 Letter.qxp 10/23/07 11:32 AM Page 3

Gateway to Opportunity : JERSEY CITY

Dear Business Leader: An Economic Resource Guide Jersey City, NJ 2008 I am proud to welcome you to the City of Jersey City’s supplement in NJBIZ. As you explore the pages, you will recognize many visible Produced in coordination with: signs of our economic and physical rebirth and the evidence of our JERSEY CITY ECONOMIC DEVELOPMENT CORPORATION cultural renaissance. It’s no surprise that Jersey City has become the (201) 333-7797 top city in the state to work, live and do business. Eugene Nelson, CEO Dan Frohwirth, Director of Real Estate Roberta Farber, Urban Enterprise Zone Director Due largely to our diverse community, our partnerships with visionary leaders in the Leon Yost, Original Cover Photography Jones & Associates Communications, business community, and resources like our proximity to downtown and midtown Project Coordination, Writing/Editing & Photography New York, Jersey City has become the engine driving the state’s economy. With CITY OF JERSEY CITY Fortune 500 companies and small and mid-size businesses and residential developers Office of the Mayor, Jerramiah T. Healy flocking to Jersey City, great things are happening.

As mayor, it is my responsibility to keep our city traveling down this prosperous road. My administration stands firm in its commitment to continue to bring jobs PRODUCED BY NJBIZ D. Lee Carlson, Publisher and ratables to the diverse community we serve. As everyone who lives and works Josh Gertzog, Director of Sales here knows, Jersey City is the Gateway to Opportunity and New Jersey’s Premier Joe Malone, Advertising Account Executive Diana Lasseter Drake, Editor Destination. Summer Olstad, Design Manager Mike Sanchez, Project Designer Jennifer Webber, Production

Published by Journal Publications Inc. David A. Schankweiler, CEO Jerramiah T. Healy Lawrence M. Kluger, President Mayor of Jersey City Cover Photo by Steven J. Dundas

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JERSEY CITY : Gateway to Opportunity L Special Improvement Districts: Public–Private I V E

Clockwise from top left: 1. Christopher Columbus stands high above the activity of Journal Square. 2. Jersey City Heights residents and workers all love the frozen treats of Amourville Ice Cream. 3. The Plaza at McGinley Square. 4. The sights and aromas of Goehrig's Bakery are simply irresistible! 5. The Grove Street PATH Station entrance mirrors the surrounding area.

EARS AGO, EACH TOWN HAD A MAIN STREET THAT FORMED THE Development Corp. Chief Executive Officer Eugene Nelson explains that the area’s heart of the community. As towns grew into cities, and cities became large SIDs act as lifelines in neighborhoods. “Our Special Improvement Districts protect urban municipalities, several Main Streets developed into the heart of various local businesses and aid in their growth. They also stabilize residential property val- Yneighborhoods. This is especially true in Jersey City. ues and improve the quality of life for everyone. We are very proud of their develop- To keep these areas thriving and operating in great condition, the State of New ment and of the roles they play in making Jersey City New Jersey’s premier municipal- Jersey initiated a Special Improvement District (SID) program in the Township of ity,” Nelson says. Cranford in 1985. A SID enables property owners and merchants to form a local management association—usually a non-profit corporation—with the authority to THE CENTRAL AVENUE SID collect voluntary special assessments from area businesses (residential properties Located 100 feet up on the Palisades, the Heights section of Jersey City is home within the districts are exempt from these assessments). These assessments—which to more than 60,000 people—about one-quarter of Jersey City’s population. Its three- are matched with Urban Enterprise Zone (UEZ) funds—may be used to finance quarter-mile-long main street—Central Avenue—runs from North Street to new sidewalks as well as building façade improvements, extra security, sidewalk Manhattan Avenue. and street cleaning services, special events, marketing and promotional ventures The Central Avenue Special Improvement District—Jersey City’s very first SID— and much more. Funds may also be utilized for hiring a professional manager to includes more than 240 businesses. The organization is dedicated to assisting busi- oversee the district and to administer programs that will attract consumers and nesses while preserving the highly valued traditional neighborhood quality that is so recruit new member businesses. unique to the area. “We are especially proud of the fact that we offer an incredible vari- Special Improvement Districts are created by municipal ordinance and are man- ety of shopping, dining and services and that many of our member businesses are aged locally with ongoing technical assistance provided by the New Jersey Department fourth-generation,” states Central Avenue SID Executive Director David Diaz. A seven- of Community Affairs. The SIDs are grassroots organizations that are driven by com- member Board of Trustees—who volunteer their time with no monetary compensa- munity support. Jersey City’s Special Improvement Districts have been in position tion—governs the SID. “Our Board members—Michael Yun, Gilbert Mendez, since the establishment of the Central Avenue SID in 1992. Today, there are a total of Domingo Handal, Sanford Fishman, Gary Solomon, Marco LoShiavo and Grace four SIDs in Jersey City—the Central Avenue Special Improvement District, the Cutri—take great pride in fulfilling their obligation to care for Jersey City as good Historic Downtown Special Improvement District, the Journal Square Restoration neighbors,” Diaz says. Corporation and the McGinley Square Special Improvement District. Each works to Heights residents need not venture any further than Central Avenue to handle maintain and improve the unique character of their neighborhoods while attracting nearly all of their needs. Stores and offices along the way offer opportunities for pur- shoppers and new businesses. chasing apparel and accessories, groceries, books and magazines, hardware, furniture, The Jersey City Economic Development Corp. Urban Enterprise Zone program carpeting and home furnishings, electronics, flowers, groceries, produce, meat, fish, oversees the SID program and assists the SIDs with their operations and with writing health care needs and gifts galore. The Avenue is also dotted with doctors’, attorneys’ proposals, budgeting and finding professional managers. Jersey City Economic and other professional offices as well as banks, dry cleaners, hair salons and barber-

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Gateway to Opportunity : JERSEY CITY Partnerships that Benefit Businesses and Residents

Clockwise from top left: 1.The welcome sign is always out to greet area residents and visitors at McGinley Square. 2. Looking across the Grove Street PATH Station Plaza to the new Grove Pointe development. 3. Journal Square was named for Jersey City's hometown newspaper, the Jersey Journal. 4.The stars of Jersey City learn their steps at Don & Rosita Dance Studio.

shops, laundromats/dry cleaners, and cafes and restaurants serving cuisine from all ing in his fifteenth year as Vice President of the Board of Trustees. around the globe. • Goehrig’s Bakery has been the place for morning coffee and pastries in Jersey Diaz states that one of the primary reasons businesses prosper on Central Avenue City for decades. In 1975, after years of working in other kitchens and bakeries, is because they are so in-tune with the needs of the Heights residents. Here is a Peter Gigante (who recently resigned his position as a member of the CASID Board glimpse at a few that have thrived for decades: of Trustees) purchased the bakery and went into business for himself. He built • Novick’s Hardware and Supplies has called Central Avenue home for more upon the bakery’s previous success by renovating the premises, adding special than 83 years. Initially a paint and wallpaper store, the business has been expand- touches and spending long hours to ensure the quality of his products met HIS ed to include plumbing and electrical supplies, custom framing and much more exacting standards. He also made certain that the bakery’s offerings changed to since it was acquired by current owner Ron LoRusso in 1973. Mr. LoRusso—who reflect the cultural changes that were taking place in the community, adding new is experienced as a homebuilder, cabinetmaker and lumberyard owner—credits the baked goods over the years. Peter’s son Joe bought the bakery from him in 2005. business’s longevity to its ability to change with the times, saying: “Business has Today, both father and son contribute their time and energy to the community, been good for these 44 years, I’ve watched the Heights change into what it is today mentoring young people, working with community groups such as the Lions Club and I just adapt.” and our Central Avenue SID. • Don & Rosita Dance Studio has thrived on Central Avenue for 73 years. One For more information on the Central Avenue Special Improvement District, of Hudson County’s first dance studios, the business was started by professional ball- phone (201) 656-1366 or visit the Website at www.JCHeights.com. room dancers Dominico and Rose LoFranco as a practice space. In 1934, the couple began offering lessons and today, it is operated by their son Don and his wife Ann who THE HISTORIC DOWNTOWN SID along with their daughters Kismet and Charo teach 19 different types of dance to stu- The Historic Downtown Special Improvement District (HDSID) boasts some of dents from age three and up—way up! “We’re going to go for one hundred years on Jersey City’s oldest and newest architecture. The HDSID is the channel for residents Central Avenue. I may not be here but we’re going to go for one hundred years,” states and business owners to ensure the positive growth and development of the neighbor- Mr. LoFranco whose father taught until he was 83 years young. hood, working with local businesses, cultural organizations and neighborhood groups • Amourville Ice Cream has been satisfying the sweet tooths of Jersey City resi- to promote the area, improve services and undertake projects and events that will dents for 42 years with some of the most delicious ice cream and ice cream cakes—all make the downtown area a better place to live, work and visit. produced right on the premises. The business was a franchise known as “The Ice The HDSID Board of Trustees—John Reichart, Jerry Blankman, Jelynne Cream Shop” until 1994 when owner Domingo Handal took it private and renamed it. Jardiniano, Edwin Cruz, Dr. Martin Siegel, Peter Klapper, Steve Kalcanides, Raj Mr. Handal, who speaks four languages fluently, has also been active in the Jersey City Menon, Philip Henry, Rick Metjian and Camille Young—represent businesses and Heights community for the past 42 years and has fought to improve things for area property owners that have existed along the main arteries of Newark Avenue, Jersey merchants and residents. He was the President of the Independent Merchants of Avenue and Grove Street for decades…and those that have been established for just a Central Avenue Association and worked to establish today’s SID where he is now serv- few years. Executive Director Stuart Z. Koperweis says that in all, the organization rep-

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JERSEY CITY : Gateway to Opportunity Courtesy of Jones & Associates Communications,© 2007 Courtesy of Jones & Associates Communications,© resents nearly 150 members businesses that provide a full spectrum of shopping, dining and professional services to the area’s residents, workers and visitors. As is true of many other sectors of Jersey City, the unprecedented social and economic growth of the past two decades has transformed the downtown area. Now, new mid-rise residential and commercial buildings coexist beautifully with stately residences and businesses whose 19th Century facades have been deemed historic and are protected by the Jersey City Historic Preservation Commission. Further, the downtown area has become a destination point, with thousands of pedestrians taking advantage of opportunities to enjoy the varied and unique shopping, fine dining, art/cultural and entertainment venues, and nightlife and social experiences now available. In keeping with downtown’s new vitality, the Historic Downtown Special Improvement District has planned a new streetscape project for Newark Avenue, Novick's Hardware and Supplies has been a fixture on Central Ave. for over eight decades. the area’s main thoroughfare. The project, which is intended to provide visual con- sistency and added charm, will be funded through the support of State and Federal grants and private donations, and will be executed in phases. The plan 26 JOURNAL SQUARE as designed by Continuum Design, LLC includes new sidewalks, trees with pro- tective grates, plantings, four-foot JERSEY CITY, NJ 07306 “strap-seat” benches, scrolled 16-foot lampposts, and bike racks. In the meantime, the Historic Downtown Special Improvement District

“Our Special Improvement Districts protect local businesses and aid in their growth. They also stabilize residential property values and improve the quality of life for everyone.” Eugene Nelson, CEO Jersey City Economic Development Corp.

will continue to keep the area handsome with seasonal flowers blooming in pots suspended on lampposts and banners, wreaths and lights adding a festive touch during the holidays. Additionally, the HDSID will continue to keep the side- • Well suited for attorneys, accountants, and small businesses walks and curbs along the main arteries • Three blocks from the Courthouse clean and free of litter and weeds thanks • Spectacular views of Hudson River and Manhattan Skyline to its “Clean Team” and the efforts of the • Minutes from Newark International Airport, 18 minutes from midtown Manhattan business owners. The Historic Downtown Special • Within 100 yards walking distance to Path Transportation Center Improvement District is home to Jersey • Located within Jersey City’s “Urban Enterprise Zone” City’s “Restaurant Row” along Newark • Historic Landmark Avenue, but in truth the opportunities for • Building was renovated in 2000 dining extend throughout the area. Nearly fifty restaurants, cafes, delis and food shops satisfy the area’s appetites with food, cuisine and beverages from all around the country and all around the globe. The latest additions to the Downtown menu include Soul Flavors on Grove Street, and Sawadee (Thai cuisine), Skinner’s Loft and OX on Newark Avenue—all of which are owned by Jersey FOR OFFICE SPACE VARIOUS SUITES AVAILABLE City residents! At the start of each new season, Jersey Please contact: Michael J. Fox Partial to full floors available. City residents, workers and visitors are treated to an exciting program of free art Tel: (516) 282-2611 Cell: (516) 537-3130 Sizes range from 800 square feet to and cultural events known as “JC Email: [email protected] 7,000 square feet. Fridays.” Since its establishment in 2005 by a group of local artists and arts organi-

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Gateway to Opportunity : JERSEY CITY Courtesy of Jones & Associates Communications,© 2007 Courtesy of Jones & Associates Communications,© zations, the number of participants has doubled and recent offerings in the downtown area included a sidewalk art contest, music and art by and for children, live music fashion shows, displays of art and photography by area residents, poetry readings and dramatic presentations. For more information on the Historic Downtown Special Improvement District, phone (201) 547-9999 or visit the Website at www.jcdowntown.org.

THE JOURNAL SQUARE SID Up until the 1950s, Journal Square was the primary commercial hub of the area. As was true of so many urban areas throughout the U.S., Journal Square’s appeal diminished with the rise of shopping centers and shopping malls. In 1995, the Journal Square Restoration Corporation (JSRC) was formed. This private, not-for-profit organization was designated by the City of Jersey City to operate the Journal Square Special Improvement District, and thereby to work with local Dining al fresco is a favorite with downtown restaurant patrons. businesses and institutions in bringing new vitality to the area. The Journal Square SID is the largest of Jersey City’s SIDs—and one of the largest in New In 1982, Cristina Lopez started the Cristi Cleaning Service with a small staff of Jersey—and the JSRC has a work plan that handpicked employees and a strong commitment to customer service. 24 years later, averages close to $2 million annually. Cristina’s company is the contracted cleaning service at Newark Liberty International The JSRC developed a $5.3 million capital improvement plan in conjunction and Teterboro airports. with the City of Jersey City. The project, Cristina won the contract with the help of the New Jersey Air Services Development which brought a dramatic change to the Office (ASDO). ASDO, funded by The Port Authority of New York and New Jersey and physical appearance of the Journal Square its airline partners, brings opportunity and growth to hundreds of area businesses in area, was underwritten with Federal, State Bergen, Essex, Hudson, and Union counties. and City monies. It included a new pedes- ASDO helps to identify and match the needs of aviation industry buyers with the trian plaza, the spectacular central foun- expertise of local firms to win contracts and awards. The result? Small local businesses tain, new lighting fixtures and street signs, brick-paved sidewalks and landscaping are able to compete with larger firms for contracts at Newark Liberty and Teterboro. throughout the district. Thanks to the commitment and support of ASDO, Cristi Cleaning and other The Journal Square PATH Station area companies have been able to expand their business and create more jobs in brings nearly 30,000 commuters through the community. the area each day. Hudson County For more information about the ASDO program, call Helene Gibbs, Program Community College announced record Manager, at 973-961-4278 or visit ASDOonline.com. enrollment this fall—more than 7,000 full-time students. Additionally, Journal Square serves as the home of the area’s only daily newspaper (The Jersey ASDO Journal), the offices of Provident Bank and finance giant ADP. Journal Square also has a number of nationally known retailers, including Radio Shack, Foot Locker, helped her business Payless Shoes, Rite Aid and Ashley Stewart Woman. Some of the City’s most impressive take off. rebirth is happening in Journal Square. Recently renovated buildings include 26 Journal Square, the offices of the Trust Company of New Jersey, the conversion of a vacant former theater property into market-rate rental apartments, and several Hudson County Community College buildings, including 70 Sip Avenue and the historic 25 Pathside Building adjacent to the PATH station. New construction is also rising throughout Journal Square. ADP is operating from a newly constructed 250,000- square-foot facility. Hudson County Community College is adding the finish- Cristina Lopez ing touches to its first, from-the-ground- Owner Newark Liberty • Teterboro • Kennedy up construction, the 73,000-square-foot Cristi Cleaning Service LaGuardia • Downtown Manhattan Heliport Culinary Arts Institute/Conference Center/Classroom Building at 161 Newkirk (see related article on page 10). Further, a $400 million project is in the works for the 1.5-acre block adjacent to the PATH station that was once home to the Hotel-on-the-Square. The present

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JERSEY CITY : Gateway to Opportunity

Courtesy of Jones & Associates Communications,© 2007 Courtesy of Jones & Associates Communications,© plans call for two towers—a 62-story north tower with 55 stories of residential units on a seven-story base with retail space and parking and south tower with forty-plus floors. The project is spearheaded by Harwood Properties (which is headquartered in Journal Square) in partnership with Multi-Employer Property Trust (MEPT). With people from more than 90 different nationalities, Jersey City is one of the most ethnically diverse cities in the U.S. and the Journal Square area certainly mirrors this. The Journal Square Restoration Corp. reports that the area is the largest commercial hub for Coptic Egyptian business owners and the second-largest center for Indian immigrants from Gujarat, India in the country. There is also a growing number of families from the Middle Eastern countries and Nigeria who have made the area home. As a result, the shopping and dining in Journal Square is a delight- ful “world bazaar” with more than 20 shops offering everything from clothing and The 9/11 Memorial Fountain adds a peaceful touch to the busy Journal Square area. jewelry to home furnishings and food, and restaurants including Chinese, Indian, Italian, Spanish and of course, good old American cuisine. For more information on the Journal JERSEY CITY MEDICAL CENTER Square Special Improvement District and its programs, call (201) 795-1984 or email [email protected]. WILZIG

MCGINLEY SQUARE SID McGinley Square businesses, located at Montgomery Street and Bergen Avenue, continue to be survivors of the ever- changing area over many years. They have lasted in an area that is now known as The McGinley Square Partnership Special Improvement District, “The Heart of Jersey City”. They must be applauded, as they have been the stability that keeps this Special Improvement District what it HOSPITAL

GOODS & SERVICES ON GOOD THE SQUARE The following businesses deserve a robust round of applause for providing their services and goods for so many years to those who live, shop, and work at McGinley Square: NEWS! My Florist, 736 Bergen Ave., 70 years. Schoenberg Pawnbrokers & Jeweler, 744 Bergen Ave. In business in Jersey City for 112 years, and in business at McGinley SPREAD THE WORD! Square for 65 years. The perinatal nurses of Jersey City Medical Center Medical Center Luncheonette, 641 have been recognized for excellence by the Johnson’s® Montgomery St. Celebrating 65 years at Childbirth Nursing Awards and the national Association of 355 Grand Street McGinley Square. Women’s Health, Obstetric, and Neonatal Nurses. Jersey City, NJ 07302 (201) 915-2000 Bardack Realty, 761 Montgomery St. More for you! www.libertyhealth.org In business in Jersey City for 87 years, serving McGinley Square for 60 years. • A 64-slice CT-scanner for the best diagnostics

• More cardiac specialties Just minutes away by Pastore Wines, 665 Montgomery St., • Record high patient satisfaction LightRail at the Jersey 60 years. Avenue Station. • Most state-of-the-art hospital in Hudson County Shelly’s Met Foods, 700 Bergen Ave., 57 years. At Jersey City Medical Center, Our Mission Is You! Lee Sims Chocolates, 743 Bergen Ave., 55 years. Jersey City Medical Center/Wilzig Hospital A MEMBER OF THE LIBERTYHEALTH SYSTEM Astor Bar, 725 Montgomery St., 50 years.

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Gateway to Opportunity : JERSEY CITY Courtesy of Jones & Associates Communications,© 2007 Courtesy of Jones & Associates Communications,© has become today. New businesses have joined this proud group of older businesses and will also thrive in this area for many years to come. McGinley Square has become a place where progress is continuing and people are interested in moving here. Indeed, major residential developments are sprouting throughout the district: A 19-unit condo, The Basilico, which was built last year, borders the district on Bergen & Fairview Avenues. Three other condo developments include a 52-unit condo located at 711 Montgomery Street, the Old Court House building located on Montgomery Street & Boland Avenue will be the new home of a 32-unit condo, and a 22-unit condo at 650 Montgomery Street. Along with these businesses, McGinley Square is also the home of St. Aedan’s Catholic Church, 800 Bergen Avenue, the Old Bergen Church of Jersey City, 1 Highland Avenue, and Evangelismos Greek Orthodox Church, 661 Montgomery Street. In fact, the McGinley Square district was named for St. Aedan’s first Pastor, Reverend Monsignor The elevated walkway allows St. Peter's College students to safely cross Kennedy Blvd. Roger McGinley. The rich culture and history of these beautiful churches remain ever-strong landmarks in this area. McGinley Square is also the home of Get More From Your LOCATION the National Guard Armory, 678 Montgomery Street, Hudson Catholic High School, 790 Bergen Avenue, and Primary Prep, 41 Tuers Avenue, which recently moved into the former St. Aedan’s School. The district is bordered by and includes property owned by Saint Peter’s College, the Jesuit College of New Jersey, which enrolls some 3,000 students a year. The McGinley Square Special Improvement District has much to offer, and will continue to prosper because of the stability provided by its 120 businesses that keep the heart beating there. JC

Berlas Uniforms, 789 Bergen Ave., 50 years.

Emerald Dry Cleaners, 723 Bergen Ave., New Jersey is an outstanding location 50 years. where your company can grow and prosper. With a unique set of advantages Our Hero’s, 785 Bergen Ave., 44 years. found nowhere else in the nation, the Garden State offers you unparalleled Chicken Delight, 731 Montgomery St., research and educational capabilities, an 42 years. excellent transportation infrastructure, a strategic location, and a highly skilled Prince of Pizza, 763 Bergen Ave., 40 years. workforce.

Family Medical/Surgical Supply Center, As part of New Jersey’s largest energy 671 Montgomery St., 39 years in Jersey provider,PSEG Area Development LLC is City, and 27 years at McGinley Square. a full service economic development organization. Our professional team Frank & Patsy’s Hairstylists, offers companies inside and outside the 729 Montgomery St., 37 years. State a full spectrum of expansion and relocation support. We can help you with valuable information and site Square Records, 737 Bergen Ave., location assistance anywhere in the 37 years. Garden State, including finding the right property, maximizing incentives, analyzing Chilltown USA, 741A Bergen Ave., 25 years. labor and demographics, transportation, taxes, and much more. Ernie’s Hair Fashion, 688 Bergen Ave., 25 years. Find out for yourself how our 75 years of economic development experience in Peter’s Shoe Repair, 791 Bergen Ave., New Jersey can help your company 33 years in Jersey City, serving McGinley thrive in the Garden State. Contact us Square for 23 years. for a confidential free consultation today.

Neida’s Bakery, 761 Bergen Ave., 21 years. 80 Park Plaza, 10C E-mail: [email protected] Newark, NJ 07102 www.locationnj.com Monique’s Techniques, 124 Storms Ave., tel: 877-241-0692 [toll free] fax: 973-643-8069 20 years.

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JERSEY CITY : Gateway to Opportunity

L I V E

HCCC Culinary Arts Institute Executive Director, Chef Paul Dillon, instructs students. A World of New Possibilities Hudson County Community College’s first from-the-ground-up construction project nears completion

UDSON COUNTY COMMUNITY COLLEGE PRESIDENT DR. GLEN GABERT explained that the Georgian Revival-style, five-story building was designed in keeping said the new Culinary Arts Institute/Conference Center/Classroom Building with the architecture in Journal Square and Hudson County’s needs. is just the beginning of many new and exciting things that are happening at The building marks the first time the college has ever undertaken from-the- Hthe College. ground-up construction. The 73,000 square feet of space will accommodate the col- “When we began planning the construction of this facility we knew we wanted it lege’s award-winning Culinary Arts and Hospitality programs and provide the area to be truly special and multifunctional. As the building has progressed, so have our with much-needed conference center and banquet facilities. The multipurpose design plans for the use of the building and the classes, programs and projects we will offer also includes the Robert E. Clare Reading Room and several “smart” classrooms to the residential and business communities,” Dr. Gabert says. (spaces wired for computers and other data and media systems). Eric M. Friedman, Dean of Community Education, says the college’s vision is to develop each one of the functional areas in the building—the Culinary School, the Center for Business and Industry, and the Conference Center—to work holistically with each other for long-term success. Now in its 25th year of operation, HCCC’s Culinary Arts Institute has won numerous awards and medals in ice carving, hot- and cold-food preparation and in cook-offs conducted by the American Culinary Federation, the International Geneva Association, Societe Culinaire Philanthropique and others. The nationally recognized Hudson County Community College Culinary Arts cur- riculum is one of only two programs in the New York region to be accredited by the American Culinary Federation Accrediting Commission. The credit and non-credit areas of study include everything from baking and beverage management to cost control and menu and facilities design to wines and spirits. Students may pursue a variety of one-semester to one-year certificates as well as two-year associate degrees. As a result of an articulation agreement with Fairleigh Dickinson University, students may also go on to earn bachelor and master degrees while still studying on the premises of the Hudson County Community College Culinary Arts Institute. The HCCC CAI also holds affiliations with the Confrerie de la Chaine des Rotisseurs, the Council on Hotel, Restaurant and Institutional Education, the James Beard Foundation, Les Amis The new Hudson County Community College Culinary Arts Institute/Conference d’Escoffier Society, the American Culinary Federation, the National Restaurant Center/Classroom Building at 161 Newkirk Street. Association, and the New Jersey Restaurant Association. In the near future, the HCCC CAI programs will be expanded to include: Located at 161 Newkirk, just off of Sip Avenue on the Journal Square Campus, • Three new specializations in Hospitality Management—Entrepreneurship, the HCCC Culinary Arts Institute/Conference Center/Classroom Building is part of Travel and Tourism and Hotel/Restaurant Management the college’s $200 million capital expansion and improvement effort. Dr. Gabert, a • A Culinology Degree program, blending the culinary arts AND science of foods longtime member of the Journal Square Restoration Corporation Board of Trustees, • A Guest Chefs’ Series

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Gateway to Opportunity : JERSEY CITY

• Special Programs such as “Cooking for the Holidays,” a series open to the general public and scheduled for consecutive Saturdays, November 3rd through the 17th. The college has dedicated 29,000 square feet of the new building to the Conference Center, which will be operated with the professional standards of the International Association of Conference Centers. In addition to acting as a venue for “As we continue the college’s special events and official entertaining, the premises will also be utilized for services offered through the Center for Business and Industry. The Conference Center—which will be available to appropriate area businesses in to expand, early 2008—includes state-of-the-art “smart building” computer and presentation technologies, a large banquet room, pre-function space with bar, banquet kitchen, restaurant with restaurant kitchen, two large meeting rooms (one of which can be sub- Provident always divided) and seven other meeting rooms. The Center for Business and Industry (CBI) provides quality training and comprehensive educational services tailored to each individual business’ needs and has comes through been identified as a “Preferred Provider of Training” for the New Jersey Department of Labor’s Customized Training program. Experts who are specialists in adult learning for us.” teach the trainings. Training sessions can result in certification and (where applicable) college credit, and may be conducted on-site at the business or at the college on week- – Anthony Calandra & Luciano Calandra, Jr. days and Saturdays. For more information on the Hudson County Community College Culinary Arts Institute/Conference Center and the CBI, please phone (201) 360-4242. JC

GATEWAY BEAUTIFICATION

ayor Jerramiah T. Healy has announc- Med that Jersey City will soon begin implementing its new Gateway Beautifi- cation Program at 16 entryway sites throughout the city. “This program will enable us to create a positive and lasting first impression with visitors, says Healy. “It will also be a genuine source of pride for area residents and businesses.” The half-million-dollar program is being funded by the State of New Jersey Urban Enterprise Zone program. It was developed and will be undertaken by the Jersey City Division of Economic Development, a division that falls under the auspices of the Department of Housing, Economic Development and Commerce (HEDC). HEDC Director Carl Czaplicki underscores the importance of the program. CALANDRA’S RECIPE FOR BANKING! “This program is very much in line with all of the handsome new buildings here and those that are currently under construction,” he says. In addition to enhancing When Anthony Calandra and Luciano Calandra, Jr. first turned to us in the appearance of our gateway neighborhoods, it will also make the city a safer 1991 with dreams of expanding their family's business, we rolled up our place to live. sleeves and offered custom solutions to meet their unique needs. Today, He explains that the program will include landscaping (the planting of shrubs, Anthony Calandra and Luciano Calandra, Jr. own several hotels, retail roses and evergreen trees) and the installation of paver walkways and crosswalks, bakeries, restaurants and Calandra's Italian Village coming soon to as well as lighting, decorative steel fencing, flags and banner poles. Caldwell, New Jersey. The Calandra's count on Provident to fulfill all Jose Arango, the director of the Division of Economic Development, identifies their banking needs. We take pride in helping the Calandra's and other the 16 sites as the following: New Jersey businesses achieve their goals with competitive rates, quick turn-around, creative lending solutions and real, personal service. Let our • Garfield Avenue at Bayonne City Line The program will • Route 440 and Communipaw Avenue include landscaping dedicated team of business bankers help you with: • Route 440 northbound at City Line (the planting of • Danforth Avenue at Route 440 lines of credit • Route 7 at Truck Route 1 & 9 shrubs, roses and • Kennedy Boulevard at City Line evergreen trees) and term loans • Kennedy Boulevard south of Secaucus Road • Paterson Plank Road at Central Avenue the installation of equipment lease financing • Paterson Plank Road south of the paver walkways and 14th Street Viaduct SBA loans • Summit Avenue at Hague Street crosswalks, as well as • Broadway (to Tonnelle Avenue) lighting, decorative owner-occupied commercial mortgages at the Monument Traffic Island steel fencing, flags • Secaucus Road east of Tonnelle Avenue Call Senior Vice President Bill Ruckert today at • Morris Pesin Drive and banner poles. 1-732-726-5514 or visit www.ProvidentNJ.com. • Center Street at Christopher Columbus Drive Equal Opportunity Lender Equal Housing Lender • Newark Avenue at Monmouth Street and Second Street Member FDIC • Luis Marin Boulevard north of 18th Street (south of the Hoboken border) JC

Special Supplement to NJBIZ ● NOVEMBER 12, 2007 11 12-15 NewHousingB 10/17/07 6:39 PM Page 2

JERSEY CITY : Gateway to Opportunity

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Left: A rendering of Columbus Towers. Above: The lobby of 50 Columbus, an ultra-luxurious rental building. Jersey City: Home Sweet Home From 50 Columbus to Gull’s Cove, new upscale housing developments woo residents

HETHER YOU WERE BORN HERE, RELOCATED BY YOUR JOB, OR JUST ENDED UP HERE, JERSEY CITY IS A SPECIAL PLACE FILLED WITH INTERESTING NEIGHBORHOODS, GREAT PEOPLE, FABULOUS ARCHITEC- TURE (OLD AND NEW), A MULTITUDE OF TRANSPORTATION OPTIONS, SOOTHING GREEN SPACES, BUR- WGEONING NIGHTLIFE, AND VIEWS OF MANHATTAN THAT EVEN MANHATTAN DOESN'T HAVE. HERE’S A LOOK AT SOME OF OUR NEWEST HOUSING DEVELOPMENTS. DISCOVER WHAT MANY PEOPLE ALREADY KNOW— JERSEY CITY IS A GREAT PLACE TO LIVE!

50 COLUMBUS features a swimming pool, cabanas, BBQ area and tennis court. In addition, the on-site 50 Columbus, a spectacular new ultra-luxurious rental building, has opened to Club H Fitness Center and Spa offers state-of-the-art fitness equipment, a Juice Bar the public in the heart of Jersey City’s vibrant downtown district. with an expansive menu, nutritional advisors and personal trainers.” Conveniently located just one block from the recently-renovated Grove Street A wide mix of elegantly designed floor plans is available at 50 Columbus, rang- PATH Station, the striking 36-story residential tower features 400 premium rental res- ing from studios to three-bedroom residences – including eight lavish duplex town- idences and an impressive offering of amenities, according to Applied Development homes – at monthly rents starting at $1,595. The homes enjoy an abundance of nat- Company and Panepinto Properties, which is developing the building. ural light, as well as spectacular views of the Manhattan skyline, the Hudson River, the Residents will also enjoy the convenience of enclosed parking, 39,000 square feet of Statue of Liberty and New York Harbor. ground floor and mezzanine-level retail space, and new onsite access to the PATH Station. Gourmet kitchens offer sleek Euro-style cabinets with Richelieu hardware in “50 Columbus is designed to appeal to sophisticated, discerning professionals brushed nickel, antique pearl quartz countertops and Whirlpool and GE appliances. seeking luxury high-rise living and resort-like amenities amidst the exciting ambiance Lavish bathrooms feature walnut vanities with Carrera marble vanity tops, ceramic tile of Jersey City,” notes David Barry, president of Applied Development Company. “This floors, white running bond ceramic tile walls and polished chrome fixtures. All homes city is well known for its vibrant nightlife, galleries and restaurants. It also affords have wood flooring in living areas and carpeted bedrooms. convenient access to New York City through a variety of transportation modes. 50 Panepinto Properties has also received approvals to develop 70 to 90 Columbus will offer residents new standards in luxury urban living while embracing Columbus, two 48-story towers featuring 942 residential units, a 144-room hotel, the vitality and dynamic ambiance of its surroundings.” 12,000 square feet of ground floor retail space and 320 parking spaces. Using the Designed by world-renowned architect Costas Kondylis, with interiors by cele- same color palette as 50 Columbus, 70 to 90 Columbus is designed to both tie into brated designer Andres Escobar, the building is notable for a soaring, 24-hour-attend- the entire development, as well as make its own bold and distinctive statement. ed lobby with 19-foot ceilings, floor-to-ceiling glass, a professional concierge and a “Residents and guests alike will appreciate the onsite PATH entrance located adja- unique water feature. cent to the hotel and tower lobbies,” Panepinto adds. Construction for 70 to 90 “Residents will also enjoy an upscale, hotel-like recreational experience stem- Columbus will commence in 2008. ming from a full-floor amenities space that includes a lounge, theater/screening room, For more information on 50 Columbus, visit the on-site leasing and model card and billiard rooms, children’s play area and business center,” points out Stephanie center, located at 50 Christopher Columbus Drive, Jersey City; call (201) 434- Panepinto, a principal of Panepinto Properties. “A private landscaped rooftop deck 2700 or visit the Website at www.50columbus.com.

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Gateway to Opportunity : JERSEY CITY

GROVE POINTE hour uniformed doorman and concierge, a conven- Pent-up demand for new luxury rental resi- ient on-site parking garage, and 20,000 square feet dences in downtown Jersey City turned into fren- of ground-floor retail space that will include a zied leasing recently as an impressive 30% of the Duane Reade Pharmacy, Valley National Bank, an 458 premium homes at Grove Pointe were rented ice cream parlor and a restaurant. in just the first week, according to SK Properties, A wide mix of elegantly designed floor plans is which is developing the new community in the available at Grove Pointe, ranging from studios to heart of this city’s vibrant downtown district. two-bedroom residences at monthly rents starting Scores of people who had placed their names at $1,850. The homes enjoy an abundance of natu- on a VIP Wait List turned out to snap up the initial ral light, as well as panoramic views of the offering of the new 30-story building which is locat- Manhattan skyline, Hudson River, Statue of Liberty ed adjacent to the recently-renovated Grove Street and entire “Gold Coast.” PATH Station. The momentum continued right into “Kitchens feature brushed stainless steel GE the public grand opening as renters are flocking to appliances including a refrigerator, range, the building's convenient location, exceptional res- LIberty Harbor promises to be the prototype of new urban living. microwave and dishwasher; contemporary maple idences and resort-like amenities and services. cabinetry, Granite countertops and ceramic tile “An exceptional opening to an exceptional new residential address,” notes floors,” notes Jackie Urgo, president of The Marketing Directors, Inc., the communi- Jonathan Kushner, a principal of SK Properties. “The desire to live in this dynamic ty’s marketing and exclusive leasing agent. “Lavish bathrooms offer polished chrome downtown setting with its eclectic lifestyle offerings and proximity to Manhattan is as Kohler fixtures and chrome finish Delta faucets, while all homes feature honey color strong as ever. Residents are clearly embracing the opportunity to do so in a rental wood flooring in the living areas, carpeted bedrooms and GE full-size stackable wash- building that also provides a level of urban sophistication more commonly found ers and dryers. across the river.” For more information, visit Grove Pointe’s onsite leasing and model center, locat- Designed by Manhattan-based DeWitt Tishman Architects, the building strikes a ed at 100 Christopher Columbus Drive, Jersey City; call (201) 333-8880 or visit the commanding presence amid the Jersey City skyline with its exciting mix of tiers, tones Website at www.grovepointerentals.com. and textures. Inside, residents will be swept away by the style and grandeur masterfully dis- LIBERTY HARBOR played in the expansive, 24-hour attended lobby, where renowned designer Amir In 1985, longtime Jersey City developer Peter Mocco was named master developer Khamneipur blended such elegant finishes and appointments as handsome limestone, of Liberty Harbor, a nearly 80-acre community stretching from Grand Street to the Morris Botticino marble, lustrous contemporary accents and dramatic lighting. Canal overlooking Liberty State Park and downtown Manhattan. The community would A comprehensive amenity offering will also be a hallmark at Grove Pointe as res- ultimately feature over 10,000 homes and 250,000 square feet of retail space on a 28- idents will indulge themselves with a large outdoor landscaped deck with a pool and block site bounded by Grand Street, Luis Marin Blvd., Jersey Ave. and the Tidewater Basin sundeck, a fitness club with state-of-the-art training equipment, weight room, Yoga adjacent to the Van Vorst Historic District and the Paulus Hook Historic District. Studio, meditation/stretching area and a relaxing shower feature; and a game room By 2000, Mocco decided to reshape the community to adopt a more traditional with a billiard table, private screening room and catering kitchen. There’s also a 24- approach that welcomes safer, more hospitable urban climate.

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JCPenney, Kohl's, Macy's, Sears, Aeropostale, Aldo Shoes & Accessories, American Eagle Outfitters, EXCLUSIVE SALES & MARKETING AGENTS: THE MARKETING DIRECTORS, INC. Ann Taylor Loft, Arden B, Bath & Body Works, Bebe Sport, Brookstone, Carol’s Daughter, The Children's Place, This is not an offer to sell or solicit offers to buy the condominium units, which offer or solicitation may only be made Coach, The Disney Store, Express/Express Men, Finish Line, fye, Gap, Sephora, Swarovski, Victoria's Secret. by a Public Offering Statement registered with the New Jersey Department of Community Affairs (“DCA”) and is not an Exit 14C Holland Tunnel, Jersey City. Shopping Line® 201.626.2025 offer to sell or solicit offers to buy the condominium units in any state where such offer or solicitation cannot be made without registration or approval from that state. Oral representations cannot and should not be relied upon as correctly stating the obligations of the Developer, which obligations are set out in the Public Offering Statement number R3968 (Baldwin Asset Associates Urban Renewal Company, LLC) R3968A (Rialto-Capitol Urban Renewal Company, LLC).

Special Supplement to NJBIZ ● NOVEMBER 12, 2007 13 12-15 NewHousingB 10/17/07 6:39 PM Page 4

JERSEY CITY : Gateway to Opportunity

Mocco tapped Andres Duany, a prominent your car while coming home from work. In addi- advocate of new urbanism, to develop a conceptu- tion, residents of Liberty Harbor will be able to see al plan for the community. The architects designed computer views of what’s going on inside and out- five-story luxury townhouses, single-level town- side their home—from any place in the world. There home suites in three-story buildings, four -story are really no limitations to what this system can do. brownstones with three residential levels above More importantly, it will not become obsolete.” ground-floor retail, conventional eight-story con- For more information, visit Liberty Harbor’s on- dominium buildings and loft rental buildings. site sales office at 333 Grand St. in Jersey City, call A parking garage is contained within a block (201) 639-0333, or check the community’s Website and wrapped by homes so it’s hidden, while a large at www.libertyharbor.com. open market area suggestive of European piazzas and passive recreational areas encourage outdoor LIBRARY HALL LOFTS interaction. Other building amenities include The regal, 19th century building at 704 Grand attended lobbies, resident lounges with catering Street is uniquely triangular-shaped, and it is kitchens, fitness centers, billiards and yoga rooms, undergoing a bold residential revitalization. The screening rooms and an outdoor deck. 140-year-old, five-story structure is being convert- Sales opened last winter for the first phase of ed into 12 generously sized loft-style condomini- 215 condominium residences at Liberty Harbor – Library Hall Lofts is created by the revitalization of a uniquely shaped ums with 11 parking spaces and two street-level 90% of which have already been sold. Initial move- 140-year-old building. commercial condominiums. The developer, Larry ins has begun. Brush, has combined cutting-edge design and an “Liberty Harbor represents the prototype 21st Century urban living environ- emphasis on modern conveniences to further enhance the building’s inherent beauty ment,” Mocco points out. “In fact, this community is nothing less than an entire as well as its architectural and historic merit. neighborhood built from scratch where amenities, housing and infrastructure reflect Library Hall was built in 1866 as a meeting place and public hall that was home to an effort to attract a wide variety of residents.” one of Jersey City’s first libraries. As interest in the library declined, the structure was Liberty Harbor also represents an unprecedented level of state-of-the-art technol- used for other purposes. It was the site of the first banquet of the Abraham Lincoln ogy. From security to environmental control to amenities, residents will be thrust into Association of Jersey City in 1867. In 1890, it became the home of the Jersey City Police 21st-century “smart home” living. For example, every home and all of the public areas Department’s Fourth precinct. At the onset of the 20th century, the building was known feature wireless capabilities, allowing residents to enjoy a “WiFi” experience in the as Phoenix Hall and acted as a rallying site for those sympathetic to the Irish Revolution. parks, entertaining areas or any of the retail locations. In addition, all public areas and In 1917, the Miriam Investment Company gained ownership of the building and streets have close circuit cameras in carefully selected locations to provide residents it was utilized as a sawmill in conjunction with a nearby lumberyard and woodwork- with video access to the outside from their homes, offices or even their PDA’s. ing plant. When the site changed ownership in December of 1945, it became a furni- “This is probably the most technologically advanced residential community in the ture store and then a carpet store. nation,” points out Mocco. “Everything from HVAC, lighting, computers and TV to Library Hall Lofts has a layout consistent with practical residential design. Sitting kitchen and bath appliances can be remotely controlled from outside the home—say, in on a detached block of land of its own, the site has aesthetic advantages not often

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14 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 12-15 NewHousingB 10/17/07 6:39 PM Page 5

Gateway to Opportunity : JERSEY CITY

found in Jersey City. Most importantly, each home will be on a cor- says Dean Geibel, managing partner of Metro Homes, which is devel- ner of the building. This leaves two walls of oversized architectural oping the luxury condominium homes in partnership with The windows with sunlight from two exposures in each unit and New Trump Organization. “Due to the high unprecedented demand for York City views from some units. Ceiling heights range from nine to this development, we are planning to launch sales for tower two in eighteen feet. Restored historic brick and the addition of finishes to early 2008.” accentuate these features exemplify the attention to aesthetic details Located at Washington and Morgan Streets, Trump Plaza offers stu- the building has over choices. dios, one-, two-, and three-bedroom residences that range in size from The Hoboken-based architectural firm Minervini-Vandermark was 741 to 1,600 square feet in two signature buildings rising 55 and 50 placed in charge of maximizing the building’s assets and maximizing stories—making them the tallest residential buildings in New Jersey. the building’s appeal and functionality. They have achieved their goals “Buyers are responding to the comprehensive lifestyle offered with two spectacular additions: the first, a new entrance and lobby that and are vying for the chance to reside in one of Trump’s spectacu- rises from an atrium setting to the top of the building; the second, an lar new amenity-filled developments,” notes Jackie Urgo, president exquisite glass-and-steel penthouse floor that is replacing the existing of The Marketing Directors, exclusive sales and marketing agent roof and offer four more distinctive and highly desirable homes. for the development. Amenities abound in each home and include: hardwood floors When completed, Trump Plaza Jersey City will boast an indoor in living areas and bedrooms that are pre-wired for phone, cable TV entertainment lounge with plasma TV and fireplace, heated rooftop and internet services; gourmet kitchens with solid-wood cabinets, swimming pool, private theater, billiard room, golf simulator, busi- granite countertops and stainless steel appliances; beautiful baths The two majestic towers of Trump ness bar, children’s playroom, 3,000 square-foot fitness center, lush- with tiled floors and walls and solid surface-topped vanities; and Plaza Jersey City. ly landscaped plaza, maid and valet service, shoeshine and repair, washers and dryers. The building also offers deeded on-site parking, porter service and on-site BMW Zipcars. individual storage units and custom windows fit to the original dimensions. The company’s Gull’s Cove development is located only a half-mile west of the More information on Library Hall Lofts is available at the Website, www.library- Hudson River at 205 Luis Munoz Marin Boulevard and consists of 431 residential halllofts.com. Pricing and availability may be obtained by phoning Larry Brush at condominium homes, 400 parking spaces and approximately 30,000 square feet of (201) 686-4227 or by emailing [email protected]. ground floor retail space. Phase I, a 16-story tower, which is being readied for occupancy in late 2007, will TRUMP PLAZA & GULL’S COVE house 321 luxury residences ranging from approximately 500-square-foot studios to Metro Homes, LLC., the Hoboken-based urban development specialist, is making approximately 2,000-square-foot three bedrooms. Gull’s Cove, designed by architect a significant impact on the downtown Jersey City landscape with two signature resi- Dean Marchetto & Associates, will offer sweeping views from Manhattan to Liberty dential developments whose success continues to belie current market conditions. State Park, and amenities including a landscaped plaza with putting green. In less than one year, Trump Plaza Jersey City, two majestic residential towers Starting prices at Gull’s Cove are in the $300,000s. The development has also which will dramatically transform the Hudson River waterfront, has sold out 74% of been granted a 20-year tax abatement. “We are thrilled about the attention Gull’s Cove tower one comprised of 445 homes, while Gull’s Cove, a 431-unit condo building ris- is receiving,” says Geibel. “This is a one-of-a-kind development that offers buyers ing in the Liberty Harbor North Redevelopment District, is enjoying similar success. unobstructed views of the Liberty Harbor Marina and the Manhattan skyline, lavish “Trump Plaza Jersey City brings the quintessential Trump factor to New Jersey,” amenities and the convenience of the light rail station right at your doorstep. JC

LAND USE • PLANNED REAL ESTATE DEVELOPMENT • ZONING ENVIRONMENTAL AND REGULATORY APPROVAL • ACQUISITION FINANCE • CONDOMINIUMS • CORPORATE LAW • TAX ABATEMENTS LAND USE • PLANNED REAL ESTATE DEVELOPMENT • ZONING ENVIRONMENTAL AND REGULATORY APPROVAL • ACQUISITION

EXPERIENCED AND INNOVATIVE LEGAL REPRESENTATION FOR THE HUDSON COUNTY BUSINESS AND DEVELOPMENT COMMUNITY

Connell Foley’s Jersey City office provides its clients with sophisticated and experienced counsel needed to pursue any business transaction, commercial and residential development, and redevelopment opportunities throughout Hudson County. With more than seventy years’ experience as one of New Jersey’s premier Well-organized events planned here daily. full-service law firms, Connell Foley LLP enjoys a reputation for innovative ® and cost effective legal representation. Our attorneys offer expertise Your event is never small at Doubletree , we have the services, facilities and experience to make it a huge success. Your guests will appreciate our comfortable, well-equipped meeting space; you'll enjoy the support of our in a wide range of specialties and can assemble a multi-dimensional team experienced, knowledgeable and attentive team members who are dedicated to making your event flawless. Perfect to address even the most complex legal matters with insight and economy. for meetings, conferences, corporate entertaining and holiday celebrations up to 100 guests, the Doubletree Club Suites Jersey City will make your waterfront meetings and celebrations a splash! When you have an event at For more information, please visit our web site at www.connellfoley.com. Doubletree, you and your participants can enjoy our comfortable surroundings, caring staff and always a warm cookie at check-in.

Jersey City Office: A Member of the Hilton Family of Hotels. 455 Washington Boulevard. Jersey City, NJ 07310 Connell Foley LLP Philip F. McGovern, Jr. Reservations: 1-800-222-TREE For Group Sales, Events and Meetings: 1-201-499-2580 Harborside Financial Center [email protected] www.jerseycityclubsuites.doubletree.com 2510 Plaza Five James C. McCann Jersey City, NJ 073111 [email protected] Hilton HHonors® membership, earning of Points & Miles®, and redemp- Tel. 201-521-1000 tion of points are subject to HHonors Terms and Conditions. ©2007 Hilton Hospitality, Inc. ROSELAND JERSEY CITY NEW YORK CITY PHILADELPHIA

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JERSEY CITY : Gateway to Opportunity

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Gateway to Opportunity : JERSEY CITY

L I Scientific Revival V E Liberty Science Center, now with $109 million worth of upgrades, has broken new ground by placing science and technology within the context of people’s lives, making the information useful and important

n July 19, 2007, nearly two years of waiting came to an end as Liberty Website and is putting together tours to offer professional tour operators around the Science Center, located in Liberty State Park, Jersey City, reopened follow- nation. In the first five weeks since it reopened, Liberty Science Center has welcomed ing a $109-million renewal project. What’s new? Almost everything! From over 160,000 people through its doors, a 66% increase over the same time period when Othe moment guests enter the nearly 300,000-square-foot building through it first opened in 1993. About 25% of these are estimated to be from out of state. a soaring new, two-story lobby area, they’ll know this is unlike any other institution Author Ann Knapp writing on the blog, ArticlesBase says, “Teachers looking for an in the nation. outstanding experience when they take their students to NYC won’t want to miss Liberty Science Center has broken new ground by placing science and technol- Liberty Science Center, located in nearby Jersey City, NJ.” ogy within the context of people’s lives, making the information useful and impor- Jersey City-centric. Liberty Science Center provides high-quality employment for tant. Thus, rather than clustering exhibits in traditional topic areas such as chem- 134 Jersey City residents and science educational opportunities for its students and istry, biology or physics, exhibitions focus on subjects such as the science behind families. The institution works closely with city agencies, Mayor Healy’s office and tall buildings in Skyscraper! Achievement and Impact, the Hudson River in Our others on projects of mutual interest, and the City Council held its August meeting in Hudson Home, and aspects of human exchanges of ideas in Communication. There the Science Center’s new Board Room. Thanks to funding from the State of New Jersey, are a total of eight new exhibition galleries, including one for young learners aged 2 all students in grades pre K-12 in regular Jersey City public schools may visit Liberty to 5. Live demonstrations, outstanding school programs and films in the nation’s Science Center exhibit floors for free —along with up to three members of their imme- largest IMAX® Dome Theater and the J.D. Williams 3D Science Theater make visits diate families—under the Abbott Partnership Program. All they need to do is bring amazing learning experiences. proof of enrollment to the Liberty Science Center box office. Parking is free for these Just for Educators. Teachers can come to the region’s only center for profession- guests, or they can take the Hudson Bergen Light Rail to the Liberty State Park stop al development created just for them—the Jennifer A. Chalsty Center for Science and walk a short distance to the Science Center. Learning and Teaching, located on the ground floor of Liberty Science Center—to Public Programs Getting into Gear. Now that the building is open, Liberty hone their skills, have students complete projects working with real scientists and Science Center staff is developing a menu of lectures, events and other experiences for using real data, and more. Additionally, Liberty Science Center’s Gateway program is all ages and stages of learning. The first of these, presented in conjunction with helping provide qualified science teachers to the Jersey City school system. Rutgers University, is the Pulse of the Planet lecture series. Find out more at Helping Develop Tourism. Liberty Science Center is working to attract more www.lsc.org or call the reservations department at (201) 200-1000 during normal tourists to the area. It spearheaded development of the Destination: Jersey City business hours. JC

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JERSEY CITY : Gateway to Opportunity

P R Government, Economy and Community

O 2006 Courtesy of Jones & Associates Communications,© S New Jersey’s JPMorgan Chase is a Newport Office tenant. P premier city E R supports businesses

with the great

resources

provided by the

Jersey City

Economic

Development Corp. Courtesy of Jones & Associates Communications,© 2006 Courtesy of Jones & Associates Communications,© ersey City Mayor Jerramiah T. Healy knows that in order for the city to succeed, Below: Montgomery Street is the businesses located here must succeed. The mayor also knows that there is targeted for improvements. no one single factor that will ensure those successes. “The Jersey City JEconomic Development Corp. acts as the engine that drives our business and community growth. This single, multifaceted organization provides businesses of every size and genre with the solid advice, expertise, services, and financial assistance they need or directs them to the linkages that will provide them with those resources,” Mayor Healy says. The Jersey City Economic Development Corp. (JCEDC) was instituted by the municipality’s city council as a private, non-profit corporation in 1980 and is charged with providing the leadership that will facilitate business and community growth throughout the city. By working hand-in-hand with other city, state and federal agencies, organizations and its own network of businesses and business leaders, the Jersey City Economic Development Corp. has enabled the city’s commercial and industrial enterprises and neighborhoods to experience unprecedented growth. State-of-the-art office buildings now stand where there were once deserted buildings and vacant lots. New construction and building rehabilitation is being undertaken in every corner of the city, from the Hackensack to the Hudson Rivers and from the Hoboken to Bayonne borders. Some 35,000 new jobs and $10.48 billion in capital improvements have been invested in Jersey City since the inception of the Urban Enterprise Zone program. The number of FIRE (Financial, Insurance and Real Estate) industries that operate in the city has grown 500% in the past 16 years. Some 85% of all NASDAQ stocks are traded on the city’s Hudson River waterfront.

JCEDC: HOME OF THE STATE’S PREMIER URBAN ENTERPRISE ZONE AND OTHER PROGRAMS The JCEDC operates the city’s Urban Enterprise Zone (UEZ) program, one of the largest and most productive in the state with approximately 592 member businesses. The UEZ offers businesses the opportunity to sell certain goods and services at 3.5% sales tax—half the normal New Jersey sales tax. It also affords member businesses the chance to take advantage of employee tax credits, reduced unemployment insurance tax, a variety of grants and to pay no sales tax on certain goods and services.

18 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 18-19 EcoDevelopements 10/17/07 6:42 PM Page 3

Gateway to Opportunity : JERSEY CITY

The Jersey City EDC Real Estate Department has assisted liter- “The Jersey City CLIC provides loans for building acquisition, repair and ally thousands of businesses to find the locations and spaces they renovation, inventory, furniture, fixtures, and relocation both need by providing maps, tenant directories and complete overviews Economic Development directly and in conjunction with traditional and non-traditional of developments and by helping in site and property selection. The Corp. acts as the engine lenders and municipal, state and federal agencies. Small business department is also instrumental in assisting with the implementa- that drives our business owners with detailed, credible business plans who can demonstrate tion of a variety of real estate marketing projects. the ability to repay the loan may qualify for direct loans of up to Working hand-in-hand with the Real Estate Department, the and community growth.” $50,000. The Jersey City EDC is the intermediate lender for U.S. EDC Construction Management Department is responsible for the Jerramiah T. Healy Small Business Administration loans of less than $25,000 to home- oversight of all building projects, including building façade restora- based businesses. The Jersey City Economic Development Mayor tion/renovation and streetscapes. Financing Fund offers loans of $100,000 to $500,000 for qualified The JCEDC provides entrepreneurs with the technical assis- Jersey City commercial and industrial businesses planning to relocate to or tance, one-on-one counseling and group seminars that will enable them to successful- expand in Jersey City. ly start their businesses. The agency aids businesses in obtaining the training needed More information on resources available to businesses in Jersey City may be to develop financial proposals, feasibility studies, inventory control, cash flow projects obtained by phoning the Jersey City Economic Development Corp. at (201) 333-7797. and business plans. The Jersey City EDC also helps local merchants to secure financing for creating, WORKING IN PARTNERSHIP WITH THE STATE OF NEW JERSEY expanding and/or relocating their businesses, such as purchasing, repairing and reno- The Jersey City Economic Development Corp. maintains working relation- vating buildings, inventory, machinery, and equipment and furniture and fixtures. ships with state agencies in Trenton that ultimately benefit local businesses. Businesses may qualify for loans of up to $750,000 at below-market rates for these These include the New Jersey Economic Development Authority (NJEDA), the items through Small Business Administration (SBA) loans, Economic Development New Jersey Commerce Commission and the New Jersey Redevelopment Financing Fund loans, the UEZ revolving loan fund, and New Jersey Economic Authority (NJRA). Development Authority loans. The New Jersey Economic Development Authority is an independent, self-supporting state entity that assists in building vibrant, diverse communities by financing MAKING EVERYTHING CLIC for-profit and nonprofit businesses, offering real estate development and technical The Community Lending & Investment Corp. (CLIC) of Jersey City is a separate, services, supporting new-business development, assisting with the expansion of estab- incorporated subsidiary of the Jersey City Economic Development Corp. charged with lished businesses and the creation and retention of jobs, revitalizing underused prop- spurring and sustaining the entrepreneurial opportunities for minorities and women erties, and financing quality public schools. and for stimulating Jersey City’s revitalization. CLIC provides technical assistance and The New Jersey Commerce Commission is the state’s primary agency in coordi- financing to new and existing businesses that have developed plausible business plans nating efforts between government and the private sector to provide the technical, and that may successfully contribute to the city’s economic vitality. financial and other assistance that aids businesses in growing and contributing to the Free technical assistance in the form of one-on-one counseling or community- area’s economic development. The commission actively promotes a variety of financial based seminars, is provided by CLIC staff and representatives of SCORE (Service incentive programs that enable businesses to expand in or relocate to New Jersey. Corps of Retired Executives). Direct business guidance to businesses with five or fewer The New Jersey Redevelopment Authority is dedicated to revitalizing urban areas employees is available and experts will speak with owners on matters such as account- in New Jersey by creating partnerships and fostering collaborations that leverage pub- ing, bookkeeping, marketing, merchandising, customer service, financing and more. lic and private resources for project development. JC

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Special Supplement to NJBIZ ● NOVEMBER 12, 2007 19 20-21 UEZ 10/17/07 6:48 PM Page 2

JERSEY CITY : Gateway to Opportunity

P R Making Life a Little EZier for Everyone O S The Jersey City UEZ is still something of a mystery to many residents and business leaders. When one P mentions Urban Enterprise Zone to most people, they immediately respond, “Great places to shop, where E R we pay just 3.5% sales tax!” While this is true, the Jersey City Urban Enterprise Zones provide local busi-

nesses and residents with many more benefits. Jersey City Urban Enterprise Zone Director Roberta Farber

helps to demystify Jersey City’s UEZ program.

NJBIZ: What is a UEZ? goods that will be used at their business- Farber: The Urban Enterprise Zones is an es. These include purchasing items for area of Jersey City that is part of a state- “tangible personal property” (such as designated program to remedy unemploy- office supplies, office and business equipment. There are 36 municipalities in New ment, office and store furnishings, trade Jersey that are a part of the program and fixtures, cash registers and the like, with nearly one-third of all Jersey City neigh- the exception of motor vehicles) and borhoods—nearly all of the city’s com- services for the installation, maintenance, mercial areas—have been designated as a and repair of tangible personal and real part of the Urban Enterprise Zone. property used in the businesses. Qualified businesses in the UEZ are eligi- UEZ-qualified businesses may also be ble for tax incentives, reduced unemploy- eligible to purchase building materials ment insurance, business counseling and tax-free. These materials are to be used marketing support. Certified UEZ retail- exclusively to erect new structures or to ers collect just 3.5% sales tax—half of the improve, alter or repair the real property normal sales tax—a hugely attractive of qualified business entities. This is incentive that may be displayed in their especially important to businesses that establishments and incorporated into are reclaiming or claiming properties that their advertising. have long since been abandoned.

NJBIZ: How is a UEZ beneficial? NJBIZ: Does the UEZ program bring jobs Farber: Funds resulting from the UEZ funding is helping to restore one of Jersey City's gems, the historic Apple Tree House. to an area? sales-tax collection in the UEZ areas Farber: Absolutely. Since our UEZ program are reinvested in Jersey City business development programs “Since our UEZ began, UEZ business enrollments have accounted for the creation of 35,000 and are also used for capital investments and municipal serv- full-time jobs. Qualified businesses engaged in manufacturing or other busi- ices such as CCTV for street security helping to purchase new program began, ness activities that are not related to retail sales or are warehousing-orient- police vehicles, “clean-and-green” initiatives (sanitation UEZ business ed are eligible for employee tax credits and reductions in unemployment services and planters in commercial districts) and façade enrollments have insurance for each Jersey City resident hired. In order to achieve these ben- improvements, all of which help revitalize the city’s core efits, a business must apply to the Jersey City Economic Development business areas. accounted for the Corporation Urban Enterprise Zone Program. The effects of these revitalizing efforts are far-reaching and multi- creation of 35,000 faceted and help areas grow and thrive by encouraging new business NJBIZ: How does the UEZ program help remedy unemployment? investments, attracting shoppers to retail areas and bringing services full-time jobs.” Farber: UEZ assistance funds have established and helped fund sev- and security to adjoining residential areas. Roberta Farber, eral programs and agencies that develop the skills needed for work- Since the start of the UEZ program here in Jersey City, more than Director ing in offices and in retail and hospitality settings. These include $81 million has been reinvested in 107 UEZ projects, generating more the Customer Service Skills Center (which, to date, has prepared Jersey City Urban than $10.5 billion in capital investments. Our list of revitalization more the 565 individuals for work in area businesses) and the Jersey projects includes the $7.5 million Journal Square Streetscape, the Enterprise Zone program City Small Business Development Center and Women Rising’s Citywide Blockfront Restoration, the restoration of the landmark Hospitality Program. Loew’s Theatre, and the establishment of the Special Improvement Districts (SIDs) Additionally we provided funding to Rising Tide Capital’s Community Business in the Central Avenue, Historic Downtown Newark Avenue, McGinley Square and Academy. This non-profit community organization is dedicated to supporting disad- Journal Square areas. vantaged inner-city entrepreneurs with business development services and access to Additionally, the Jersey City Economic Development Corp. awarded an small business loans. Urban Enterprise Zone grant to the Monticello Community Development Corp. Many times when employers come to this area, they are looking for trained (MCDC) that enabled the organization to apply for and receive a New Jersey workers. We would encourage them to contact the Customer Service Skills Center Department of Community Affairs “Main Street” designation. As a result, MCDC and our office. is receiving the technical assistance and training required for revitalizing its historic commercial district. NJBIZ: How does a business go about obtaining more information about the UEZ program and applying to be a UEZ-member business? NJBIZ: How do businesses benefit as UEZ members? Farber: Contact our office at the Jersey City Economic Development Corp. by phon- Farber: Qualified UEZ member businesses may be entitled to tax-free purchases of ing (201) 333-7797, extension 25 or by emailing [email protected]. JC

20 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 20-21 UEZ 10/17/07 6:48 PM Page 3

Gateway to Opportunity : JERSEY CITY

URBAN ENTERPRISE ZONE PROGRAMS AND BENEFITS The Jersey City Urban Enterprise Zone (UEZ) administers many programs that assist businesses and improve the quality of living in Jersey City. Here’s a glimpse at some of them:

NEIGHBORHOOD IMPROVEMENT & SAFETY UEZ Commercial Façade Grants improve the appearance of shopping districts. CCTV (Closed Circuit TV) Neighborhood Watch is a computer/video-based These business improvement grants of up to $20,000 may be utilized to spruce up crime-deterrent program that uses state-of-the-art technology and trained specialists the exteriors of business properties. to keep watch over area sidewalks and streets and report suspicious activities to the JCEDC Economic Development Financing Fund provides $100,000 to police department. $500,000 loans at below-market terms for commercial and industrial businesses Community-Based Development is a program where neighborhood develop- planning to relocate or expand in Jersey City. ment groups take an ownership stake in a project and work with us for comprehen- Small Business Loans include direct loans up to $50,000 at below-market rates. Must sive reinvestment and redevelopment. have a detailed, credible business plan and demonstrate the ability to repay the loan. Main Street Program is a comprehensive, community-driven initiative that U.S. SBA Micro-Loan Program. We are the intermediate lender for loans under focuses on revitalizing traditional business districts and improving the quality of $25,000 to home-based businesses through the U.S. Small Business Administration. life for the community. It utilizes UEZ Assistance funds to help merchants develop and maintain the identity of their individual districts. TAX CREDITS Special Improvement Districts are areas where merchants pool resources for Businesses within the UEZs benefit from a variety of tax credits that can pro- public improvements such as roads, sidewalks, streetscapes and façades, in order to vide significant savings to operating costs, including: foster economic growth and we provide matching funds to expand the scope of Exemption from Sales Tax. Your firm is exempt from paying taxes on any pur- their activities. (See the story on our SIDs on page 4.) chase related to running the business (i.e., buying desks, fixing computers). Streetscape Improvement Program matches available grants with projects to Employee Tax Credits. Hire new employees who are Jersey City residents and upgrade and improve the appearance of entire blocks. your company will receive a direct credit to your corporate tax of $500-$1,500. Reduced Unemployment Insurance Tax Costs. Up to 50% off your company’s FINANCIAL ASSISTANCE Unemployment Insurance tax bill for the first four years. CLIC Business Information Center offers guidance to businesses with five or 50% Sales Tax Reduction. Certified retailers must collect just 50% of the NJ sales fewer employees, including how-tos on business plans and advice on accounting, tax from their customers. The revenues generated from these selected sales taxes are bookkeeping, merchandising, marketing, customer service, financing, and more. held in a fund to be used for eligible improvement projects within the city’s UEZ. JC

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Special Supplement to NJBIZ ● NOVEMBER 12, 2007 21 22-23 ReloGrants 10/17/07 6:49 PM Page 2

JERSEY CITY : Gateway to Opportunity P The Lure of Tax Breaks and Incentives R O Relocation grants allow companies to defray moving costs by relocating in Jersey City’s Urban Enterprise Zones S Courtesy of Jones & Associates Communications,© 2006 Courtesy of Jones & Associates Communications,© ayor Jerramiah T. Healy has The Jersey City Economic Development P announced that the Jersey City Corp. received a $750,000 Relocation Grant from E Economic Development Corp. has the New Jersey State Urban Enterprise Zone Mawarded $350,000 in relocation Authority, from which they awarded $50,000 of R grants to companies who relocate to Jersey City. relocation funds to qualifying applicants. “Each year we see more and more compa- Two of the most recent grant recipients nies relocating their businesses to Jersey City are New York Sample Card Co., a third-gener- because of the many incentives the city and the ation family-owned business presently located state offer,” Mayor Healy says. “One of the great in 15,000 square feet of space on Manhattan’s assets we have in Jersey City is our Urban west side, and Opera Solutions, LLC, an inter- Enterprise Zone program, which offers partici- national management-consulting firm that pating businesses the ability to charge 3.5 per- was founded in 2003 with eight employees cent sales tax.” and will have grown to 300 employees by the Mayor Healy notes that the businesses end of this year. being awarded relocation grants must demon- New York Sample Card, which is operated strate that their business is currently located by brothers Kenneth and Roger Ehrlich, has outside of New Jersey, that they will be relocat- taken 28,000 square feet of space in the ing within the perimeters of an Urban Lackawanna Building at 629 Grove Street. New Enterprise Zone, and that they will be increas- York Sample Card produces swatch cards of fab- ing employment in Jersey City by at least ten rics, leathers, wallpapers and other materials full-time persons. The businesses must also used in the garment, automobile, decorating and become UEZ-certified. a host of other industries. Its clients include such “These grants offered by the Jersey City companies as The Gap, J. Crew and Ann Taylor. Economic Development Corporation (EDC) Opera Solutions is headquartered on Park assist some of the world’s finest corporations in Avenue in Manhattan and provides services that relocating here,” Mayor Healy says. “And when help its clients—Fortune 1,000 and mid-size new companies come to Jersey City, they often companies in the automotive, retail, corporate bring with them new jobs.” and investment banking, credit card, insurance,

22 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 22-23 ReloGrants 10/17/07 6:49 PM Page 3

Gateway to Opportunity : JERSEY CITY

media and entertainment, med- Two of the most ical services, publishing and recent grant recipients telecommunications sector— achieve substantial and sustain- are New York Sample able bottom-line growth. In addi- Card Co., a third- tion to its new location in 36,000 square feet of space at 10 generation family- Exchange Place in Jersey City and owned business its headquarters in Manhattan, Opera Solutions also has offices presently located in in London, Shannon, Paris, Delhi 15,000 square feet of and Shanghai. space on Manhattan’s Many companies site Jersey City’s proximity to Manhattan west side, and Opera and the area’s airports, its con- Solutions, LLC, an nection to the Hudson-Bergen Light Rail and the PATH, as well international as the availability of services, management amenities and various economic consulting firm. Work on Monticello Avenue is progressing beautifully. incentives when choosing to relocate here. CALLING ALL APPLICANTS FOR BUSINESS IMPROVEMENT GRANTS Other businesses that have been awarded $50,000 UEZ Relocation Grants: he Jersey City Economic Development Corp’s Urban Enterprise Zone program is currently accept- ● Medico Graphic Services, Inc., a printing concern that moved Ting applications for its UEZ Registered Business Improvement Grant program. The initiative helps from New York City local retail property and business owners to spruce up the appearance of their buildings and stores ● Citco Fund Services, the financial services provider that with matching grants of up to $20,000. moved from New York Mayor Jerramiah Healy says that grants will be made to address a combination of the following ● Rajbhog Foods, a pioneer in the Indian snacks industry, from areas of a building’s front exterior: Cleaning and painting; new signage and awnings; storefront door Queens, New York and all window repairs and replacements; wall repairs (including the repair or installation of decora- ● Falcon International, LLC, a warehousing concern, from New York tive and other design features; security gates (see-through style only); building-mounted street and ● Denmark Military, Inc., an embroidery company from New York facade lighting; façade code violation eradication; and other miscellaneous façade improvements. Companies interested in applying for the grant may do so by contact- The application process involves the retail property or business owner obtaining and submitting ing UEZ Director Roberta Farber at (201) 333-7797, ext. 25, or by three estimates from three separate licensed contractors for each project. To get complete details on the writing to the EDC at 30 Montgomery Street, Suite 820, Jersey City, Retail Façade Improvement Program matching grant, please phone the Jersey City Economic NJ 07302. JC Development Corporation at (201) 333-7797. JC

A commitment to the stewardship of our clients’assets.

Since our founding in 1929, Lord Abbett has consistently provided generations of investors and their financial advisors with a quality investment experience. Our commitment to stewardship continues to shape the way we manage money and has helped our clients weather every market cycle. We would consider it a privilege to do the same for you.

For more complete information about any Lord Abbett mutual fund, including fees and expenses, call your investment professional or Lord Abbett Distributor LLC at 888-522-2388 for a prospectus. Read the prospectus carefully before investing. Lord Abbett mutual fund shares are distributed by Lord Abbett Distributor LLC.

Lord, Abbett & Co. LLC. 90 Hudson Street Jersey City, NJ 07302-3973 www.lordabbett.com

Special Supplement to NJBIZ ● NOVEMBER 12, 2007 23 24 Abbett 10/17/07 6:49 PM Page 2

JERSEY CITY : Gateway to Opportunity

P R O S P E R

A Manhattan Transplant Thrives on Hudson St. Lord Abbett, a money management firm, has doubled in size since moving to the city seven years ago

ORD ABBETT & CO. LLC IS AN INDEPENDENT, PRI- “We have been quite Dow says that the advantages of the Jersey City office include VATELY held firm with a singular focus on the manage- its convenient location to several modes of transportation for ment of money. As one of the oldest money management pleased about the move employees, such as reasonable access to the three area airports, Linstitutions in the U.S., Lord Abbett has consistently pro- to Jersey City. The office PATH access to Manhattan and Newark, and ferry service to vided generations of clients and their financial advisors with a location has increased downtown, midtown and the east side of Manhattan. quality investment experience since 1929. And then, there are the spectacular views of Manhattan. The firm offers a full range of mutual funds, institutional the space we sought and In commenting on the advantages of the Jersey City loca- and individually managed accounts, and manages two of the provides us with room tion, Dow says, “These benefits allowed us to make a signif- nation’s oldest mutual funds. Lord Abbett approaches business icant capital reinvestment in our firm.” Additionally, owing as a craft, driven by these core fundamentals: integrity that is as for our projected growth to the increased space and cost savings, Lord Abbett is able much an asset as the portfolios it manages; accountability for in the coming years.” to provide employees with an onsite fitness center and in- every decision it makes; dedication to the prudent stewardship house cafeteria. of clients’ assets; and intellectual rigor across all aspects of its Robert S. Dow Since moving to Jersey City, Lord Abbett has forged a strong business. Senior Partner alliance with the Jersey City Economic Development Corp. and In January of 2000, Lord Abbett moved to 90 Hudson Street other municipal agencies and organizations. Additionally, the Lord Abbett & Co. in Jersey City. Having outgrown its Manhattan headquarters, the firm has demonstrated its commitment to the Jersey City commu- firm considered a number of locations and selected Jersey City nity through its financial support of and partnerships with a num- because it provided the best combination of cost and space, and the technological ber of area nonprofit organizations including Liberty Science infrastructure options that would accommodate the continuing vision and growth of Center, The Golden Door Charter School, Jersey City Special Lord Abbett. Olympics, Jersey City Police Department Annual Toy Drive and Initially, the company inhabited 150,000 square feet on three floors for its 400 the New Jersey Deputy Fire Chiefs Association. professionals who managed approximately $34 billion in assets here. Just seven years Conscious of the importance of balancing the human and business needs with the later, Lord Abbett employs 800 individuals in Jersey City and manages $113 billion in protection of the natural environment, Lord Abbett has taken steps to maintain the assets. The company took a fourth floor in 2004, and is currently retrofitting large balance, including recycling programs, computer equipment donations, and utilizing portions of two additional floors at 90 Hudson Street. motion-sensor lighting systems to conserve energy. Robert S. Dow, senior partner at Lord Abbett, says, “We have been quite pleased “We are proud to have Lord Abbett here in Jersey City and even more pleased that about the move to Jersey City. The office location has increased the space we sought they have thrived since locating here, “Jersey City Mayor Jerramiah T. Healy says. and provides us with room for our projected growth in the coming years. In addition, “Lord Abbett is a thoughtful and concerned neighbor and we count the firm among the offices offer employees additional amenities and state-of-the-art technologies.” our greatest assets.” JC

24 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 25 Overview 10/17/07 6:50 PM Page 2

Gateway to Opportunity : JERSEY CITY

S H O P

A Shopper’s (and Bargain Hunter’s) Paradise

Jersey City is home

to fine retail and a

wealth of culturally

diverse shops and

boutiques

Newport Centre Mall Food Court diners enjoy the vista of the mall from their third-floor vantage.

AYOR JERRAMIAH T. HEALY INVITES Sidewalk shopping stores with everything from apparel and fashion area residents and workers to discover accessories for women, men and children to books, the many benefits of shopping in in Jersey City housewares, phones and electronics, home fur- MJersey City. “From Route 440 to neighborhoods offers nishings...even pets! The mall is bounded by Washington Street and all of the neighborhoods a special opportunity nationally known discount-department and big- in between, Jersey City is a shopper’s paradise. box stores as well as retailers of home furnishings, With a baker’s dozen Urban Enterprise Zone for relaxing, enjoying sporting goods, office and auto supplies and other (UEZ) shopping districts, Jersey City is home to the area’s cultural host of specialty items and two major grocers. some of the nation’s finest retail establishments Sidewalk shopping in Jersey City neighbor- and to a wealth of culturally diverse shops and diversity, and meeting hoods offers a special opportunity for relaxing, boutiques. Best of all, shoppers pay only 3.5% local residents. enjoying the area’s cultural diversity, and meeting sales tax—half the normal New Jersey tax—at all local residents. In each of the city’s commercial dis- certified UEZ retailers,” the Mayor says, adding that the discount- tricts the welcome mats are out at gift shops, fashion boutiques, ed sales tax can add up to savings of hundreds of dollars on big- jewelry and perfume shops, book and music shops, and hardware, ticket items like furniture, appliances and home-improvement housewares and appliance stores. goods. “When it comes to shopping, Jersey City can’t be beat. We Route 440 has always been a mecca for shoppers, with the have everything from the necessities of life to its luxuries and there Hudson Mall serving as its anchor. In recent years, many new are more stores and shops opening in the city nearly every week,” stores have been added within the mall itself and to the areas north, Mayor Healy declares. south and east of it. Stores offer clothing and accessories, office The Jersey City UEZ includes the following areas: Central necessities and furnishings, toys, furniture, auto supplies, electron- Avenue, Five Corners, Historic Downtown, Hudson Mall, Hudson ics, appliances, groceries and an abundance of products for fur- Waterfront, Journal Square, Martin Luther King, Jr. Dr., McGinley nishing, decorating, upgrading and remodeling one’s home. Square, Monticello Avenue, Newark Avenue, Newport Centre Mall, On the other side of town, Newport Centre Mall has recently Route 440, West Side Avenue and many others. undergone a total renovation. Home to four of the country’s top For more information on shopping in Jersey City, visit department stores, Newport also includes more than 130 specialty www.DestinationJerseyCity.com. JC

Special Supplement to NJBIZ ● NOVEMBER 12, 2007 25 26-27 Malls 10/23/07 11:36 AM Page 2

JERSEY CITY : Gateway to Opportunity

S H O P

Visitors to the newly renovated Newport Centre Mall court are greeted with this soaring view. The New and Improved Newport Centre Enhancements and new retailers make this mall a true shopping destination

ewport Centre, a Simon Mall, is located in the heart of “We believe the recent Upon visiting Newport Centre, visitors will experience a new look Jersey City’s Hudson River waterfront community, which upgrades are just and feel to the popular shopping destination, which currently boasts offers a breathtaking view of the New York City skyline. updated amenities including additional seating in the Food Court, NSince opening its doors to the public in 1987, it has another example of fully re-modeled women’s, men’s and family restrooms, installation of remained the only enclosed, super-regional mall in Hudson County. our commitment to attractive steel and glass handrails, new porcelain tile flooring on all The property’s close proximity to the Holland Tunnel and recently levels, upgrade of the lighting system throughout the mall, a new expanded and modernized mass transit system enable both New York provide a quality and Center Court feature elevator, new soft seating areas on the first and and New Jersey visitors to enjoy easy access to incredible shopping, pleasurable shopping second levels and enhanced landscaping around the property. dining, and entertainment. In an effort to offer a more convenient shopping experience, the At the heart of one of the largest, most successful mixed-use real experience to the old fountain in the food court was removed, which ultimately estate developments in the U.S., the 1.1 million square-foot, three- surrounding increased seating in the area from 780 to 1,010. Also, Level Two level, shopping destination is anchored by four department stores— community.” received more than 1,500 square feet of flooring, making it easier for JC Penney, Kohl’s, Macy’s and Sears—and features 150 specialty shoppers to venture through the mall. Movement within the mall is stores including Aldo, American Eagle Outfitters, Ann Taylor Loft, Lisa Polino also faster and more convenient thanks to the addition of new, wider Brookstone, Coach, The Disney Store, Express/Express Men, Foot Director of Mall Marketing escalators, including upgrades made to the vertical transport system Locker, f.y.e., Gap and Victoria’s Secret. An 11-screen cinema, a sit- Newport Centre in the Macy’s/Pay Half wing. The Center Court feature elevator also down restaurant and 1,010-seat Food Court featuring 15 eateries are underwent renovations in 2006. among the numerous amenities that visitors can take advantage of when they need to “After all of our hard work, we are pleased with the new look and feel of Newport recharge before venturing back into the mall for incredible shopping. As an added con- Centre and believe the recent upgrades are just another example of our commitment to venience, Newport Centre has ample parking and can accommodate over 10,000 cars provide a quality and pleasurable shopping experience to the surrounding community. by means of two multi-tired garages. It is also located in the Urban Enterprise Zone, Anyone that hasn’t visited the property since we completed the renovation will be pleas- offering 3.5% sales tax at participating retailers. antly surprised by all of the new amenities and shopping choices we have to offer,” says In the past year, Newport Centre has made a number of changes to its appearance Newport Centre Director of Mall Marketing, Lisa Polino. in an effort to satisfy the emerging needs of Jersey City’s fast-paced lifestyle. The mall In addition to the major overhaul, the mall welcomed a number of new and excit- officially unveiled a completely modernized look in November 2006 ñ the result of a ing retail establishments and concepts that are sure to complement its already diverse multi-million dollar renovation that has brought updated features and amenities to the selection of stores. delight of shoppers living in Hudson County. “As part of our renovation, we were able to reconfigure space within Newport

26 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 26-27 Malls 10/17/07 6:51 PM Page 3

Gateway to Opportunity : JERSEY CITY

Shoppers can rest in comfortable seating areas all throughout the Newport Centre Mall. The entrance way to Hudson Mall on Route 440.

HUDSON MALL CHANGES TO MEET THE CITY’S NEEDS

The mall’s sales are expected to exceed $255 per square foot and produce nearly $175 million in annual sales this year

udson Mall opened in 1967 originally as a strip center. It has gone through many Hchanges since then, including a major redevelopment in 1978 when Toys R Us and the east half of the mall were added and enclosed; an expansion in 1985, two remodels in 1990 and 1999, and five new outparcels built since then. Hudson Mall is currently a 377,090-square-foot combination “community center” and “big box” drawing from a limited though populous trade area. In the past five years, management has emphasized improving the infrastructure; the major projects have included a roof replacement program and repaving the rear parking lot. Since 1990, Pennsylvania Real Estate Investment Trust, PREIT-RUBIN, Inc., and its predecessors have managed and leased the asset, bringing the occupancy from 65% to over 98% in the past nine years and turning a profit for ownership for the first time in 15 years. The local economy, unemployment, perception, demographics, deed restrictions on the property, and proximity to the other 15 regional malls within 20 miles of Dining possibilities abound at the Newport Centre Mall Food Court. the mall make attracting quality regional and national tenants difficult. Although the mall does not have any department-store anchors due to property deed restrictions, major tenants such as Old Navy, Marshalls, Staples, 6th Avenue Electronics, and Toys R Centre to make room for a number of additional stores,” adds Lisa Polino. “Employing Us draw shopping traffic to the center. this strategy allowed us to maximize our space and, in turn, broaden our services for On the property adjacent to the mall, is a newly built Lowe’s Home Center which our shoppers by offering more retail choices.” opened in April 2005 and has increased traffic to the center. With a new Applebee’s Last summer, the mall welcomed New Jersey’s largest Kohl’s department store, Restaurant that opened in April 2006, Nathan’s Famous Hot Dogs that opened in which at 160,000 square feet, joined the property’s other anchor tenants, Sears, November 2006, and a new operator for the Mall Theaters in July 2006, Hudson Mall’s Macy’s and JC Penney. A 2,040-square-foot Coach store and a 1,555 square-foot sales are expected to exceed $255 per square foot and produce nearly $175 million in Gloria Jean’s Coffees were also added to the line-up of new tenants, opening in annual sales this year. These numbers are sure to only increase as Jersey City was the only September and October 2006, respectively. Soon after, Bebe Sport, Swarovski Crystal one of New Jersey’s six largest cities to gain both in population and employment through and a newly relocated and expanded Children’s Place opened its doors to the pub- the 1990’s as it increases growth in the financial, insurance and real estate sectors. lic. Currently tempting the taste buds of shoppers is Newport Centre’s full-service Some firms chose Jersey City because it is just minutes from Manhattan’s financial restaurant, Gulf Coast BBQ & Grill. Located on Level One in the Macy’s/Pay Half district. Others because of the billions of dollars of capital investment in office develop- Court, the sit-down eatery boasts a flavorful menu of smoked recipes, mouthwater- ments and information infrastructure. Still others because many top financial firms are ing burgers and delicious salads. already located on the west bank of the Hudson, coined “Wall Street West.” Other brands that recently joined Newport Centre’s diverse retailer lineup include Auntie Anne’s Pretzels, Carol’s Daughter, a relocated Claire’s Boutique, Giorgeo’s Fine Jewelry and Sephora. More choices will be coming soon, including Bacharach, Golden Krust Caribbean Bakery, a new Justin’s men’s store and WOW World of Wings. As part of today’s shopping experience, gift cards have become an increasing- ly popular choice among shoppers everywhere. At Newport Centre, the Simon Giftcard or Simon Pink Ribbon Giftcard are perfect gifts for colleagues, employees, and business associates as well as friends and family. Available in denomina- tions from $20 to $500, the giftcards are replaceable if lost or stolen and can be used at retail stores and restaurants at Simon malls nationwide as well as anywhere Visa is accepted. Simon Giftcards and Simon Pink Ribbon Giftcards can be purchased at the Simon Guest Services, located in Center Court on Level One, where shoppers can also obtain wheelchairs, strollers, shopping bags, transportation information and take advantage of gift wrap services. From convenience and accessibility to renowned retailers, modern amenities and special events, Newport Centre has all the elements to place high on visitors’ lists of favorite shopping destinations in Hudson County. Route 440 diners have a variety of culinary options in the Hudson Mall. Additional Simon Property Group information is available at www.simon.com. JC

Special Supplement to NJBIZ ● NOVEMBER 12, 2007 27 28-29 Tourism 10/17/07 6:53 PM Page 2

JERSEY CITY : Gateway to Opportunity

E N J O Y

Tourism Heats Up All Around Town

Sights, accommodations and easy transportation draw visitors, and a great Website makes planning a cinch

hile Jersey City is home to some of this country’s finest and largest busi- Railroad New Jersey Train Terminal—and a host of manufacturing and refining facto- nesses, visitors and vacationers find that it’s a wonderful town for some of ries. One of the largest of the American Sugar Refining Company’s branches was locat- the very same reasons. Jersey City’s proximity to New York City, its rich ed here (now the site of the “Sugar House” residential complex) as was the Lorillard Whistory and heritage, the wealth of transportation options and the rising tobacco factory and a host of steel, iron, and zinc works and silk manufactories that number of top-rate hotels, restaurants, galleries and interesting entertainment options contributed to the nation’s and the area’s prosperity. all play major roles in the City’s developing tourist industry. Jersey City boasts some of the finest architecture in the world, including the Justice William Brennan Courthouse and the Lowe’s and Stanley Theatres in the HISTORY IS EVERYWHERE Journal Square area, City Hall and the Free Public Library Main Building in the

The Garden State’s fastest-growing municipality is situated on a peninsula along 2007 Courtesy of Jones & Associates Communications,© the Hudson River, directly across from Manhattan and in close proximity to the New York boroughs of Brooklyn and Staten Island. It is bounded on the West by the Hackensack River and Newark Bay. The area’s development actually began four centuries ago when Henry Hudson sailed up the narrows between Long and Staten Islands and anchored in the Upper Hudson River Bay. It is said that Hudson and his men became enamored of the trees and flowers they found here (where some of New Jersey’s tallest buildings now stand), as did the Dutch settlers who established the first New Jersey community here shortly thereafter. By the 1630s, the settlements of Harismus Cove, Paulus Hook, Communipaw, Pavonia and Van Vorst were bustling along the river’s edge and not long after, farming communities were formed in Bergen and in other areas to the west. Jersey City played a tactical role in the Revolutionary War. After General George Washington pronounced the area as one of importance, fortifications for the American Colonial troops were built and maintained here, and Washington himself often stopped in the Bergen settlement. Indeed, legend has it that Washington met with Major General Marquis de Lafayette at the Harmon Van Wagenen Homestead (now the historic Apple Tree House) on August 24, 1779, and the two men are said to have dined below an apple tree on the property. Jersey City was an important component in the American Civil War through the Liberty State Park is the home of the Historic Central Railroad New Jersey Train Terminal. participation of a network of its citizens in the Underground Railroad that helped slaves journey to freedom. The munitions explosion on Black Tom Island (now a part Downtown section, and of course, the Art Deco beauty of the old Jersey City Medical of Liberty State Park) on July 30, 1916 in World War I has been called the only suc- Center (which is being converted into “The Beacon” luxury condominiums). cessful German war plot in the USA, although attempts to actually fix responsibility have never been concluded. ALWAYS SOMETHING TO SEE The city also played a significant role in America’s rise as an industrial power with Liberty State Park is the home of the Historic Central Railroad New Jersey Train what was once one of the greatest railroad terminals in the country—the Central Terminal. LSP’s Interpretive Center was designed by the famed architect Michael

28 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 28-29 Tourism 10/17/07 6:53 PM Page 3

Gateway to Opportunity : JERSEY CITY Pohotographer Steven J.Dundas Graves. The park serves as the gateway to the Statue of Liberty and to access nearly any point in Jersey City. Ellis Island with ferries departing from the Railroad Terminal regu- Those who want to travel by sea from New York City to larly, all year round. Jersey City will be delighted with the options available. NY Some of the finest monuments and memorials are also located Waterway offers scenic ferry routes from Jersey City to throughout Jersey City. In the Downtown waterfront area one will Manhattan and New York Water Taxi transports riders to Pier 11 find the Korean War Memorial at the foot of Washington Street, the (Wall Street). Katyn Monument honoring the victims of the 1940 Katyn Massacre The PATH train lines travel through and connect Jersey in Poland at the foot of Montgomery Street, and a memorial to the City with Manhattan, NY and Newark, Hoboken, and victims of 9/11—a steel girder from the World Trade Center and a Harrison New Jersey. Operated by the Port Authority of granite plaque listing all those from Jersey City who perished in the New York and New Jersey, there are four PATH stations here terrorist attacks—at the foot of Grand Street. that link passengers with other major public transportation hubs The “Liberation” sculpture in Liberty State Park was created by and with the main business and shopping districts throughout New Holocaust survivor Nathan Rapoport. There is also a plaque com- Jersey and New York. memorating the Black Tom Explosion in the Park. Lincoln Park’s The Hudson-Bergen Light Rail Transit System is a work in entrance on Kennedy Boulevard is graced with the 1930, larger- progress that will eventually have stops along a 20.5-mile route than-life sculpture of President throughout Hudson and Bergen Abraham Lincoln. The statue is Visit www.destinationjerseycity.com for an counties. There are currently the work of James Earle Fraser, stops from Bayonne, throughout who also designed the Indian overall view of what Jersey City has to offer in Jersey City (including Liberty head/buffalo nickel. Another the areas of cultural enrichment, recreation and State Park) into Hoboken and up statue of note is the 10-foot like- through West New York, NJ. ness of Christopher Columbus entertainment as well as trip-planning, Operated by New Jersey near the 9/11 fountain in Journal accommodations and transportation. Transit, the electric-pow- Square. Dr. Leonard J. Gordon ered, street-level vehicles Park on Kennedy Boulevard in the City’s Heights section is known marry the convenience of trolley cars with the newest train for its oversized 1900 sculptures of “Buffalo and Bears” by artist technologies for swift rides that decrease gridlock and air Solon Hannibal Borglum. pollution. The Jersey City Museum at 350 Montgomery Street presents col- New Jersey Transit and other local private bus lections of American visual art and material culture, with a special lines are available on main thoroughfares all throughout emphasis on works that relate to the people of Jersey City and Jersey City. Hudson County. (See related article on page 30.) The 1901 Main Branch of the Jersey City Free Public Library on the corner of COME AND STAY AWHILE… Montgomery Street and Jersey Avenue houses the “New Jersey Jersey City is experiencing a boom of hotel con- Room” on the building’s Third Floor, which is one of the greatest struction to match its business and recreational devel- sources of documents and materials about the history of New Jersey opment, and there are accommodations to satisfy and Jersey City (more than 20,000 volumes!) to be found anywhere. every taste and budget. It all began in the late 1990s Art exhibits are regularly scheduled for the William J. Brennan with the opening of the Doubletree Club Suites in the Courthouse on Newark Avenue and the historic Armory Building on Newport area. Since then, there have been ribbon-cut- Montgomery Street. And there is no shortage of galleries featuring ting ceremonies for other major projects in the the work of local artists all throughout the downtown area. Newport/Harborside areas: Candlewood Suites with 215 rooms; Courtyard by Marriott, the 10-story, WELCOME, SPORTS ENTHUSIASTS! 187-room hotel with four conference rooms and an Jersey City has a wide variety of recreational offerings. Named indoor swimming pool; and the Hyatt Regency one of the top 10 cities for walking by the American Podiatric South Pier at Harborside, the luxury hotel with Medical Association, pedestrians can stroll through the Hackensack more than 20,000 square feet of meeting and con- River Walk (connecting Lincoln Park to the Hudson County Park), ference facilities and high-speed Internet access. Liberty Walk (a section of the Hudson River Waterfront walkway There is also an Econo Lodge and a Ramada stretching 1.3 miles from Liberty State Park to the Newport Centre Limited situated at the west side of Jersey City on area), and dozens of the city’s historic parks. Tonnelle Avenue. The Westin Hotel in the Newport Tennis players will find courts to their pleasing in Hamilton area is currently under construction. Park (on Jersey Avenue between 8th and 9th Streets), Lincoln Park (enter at Kennedy Boulevard and Belmont Street), Bayside Park EVERYTHING’S JUST A CLICK AWAY (Garfield Avenue and Richard Street), Thomas McGovern Park AT DESTINATIONJERSEYCITY.COM (Country Village in the city’s Greenville District) and Pershing Field Destination Jersey City is a nonprofit corporation Park (at Manhattan and Central Avenues in the Heights). dedicated to promoting travel and tourism in Jersey City. The city’s waterways are great for novice and experienced Founded in 2000, the organization has overseen the sailors with year-round and seasonal slips, dry storage and on-site design and installation of more than 500 pedestrian and maintenance and repair service areas as well sailing lessons available vehicular way-finding signs throughout the area. In addi- all along the Hudson River. tion to developing tourism-related brochures and walking tour guides to Jersey City cultural and historic points-of- GETTING TO AND AROUND JERSEY CITY interest, the organization has established strategic partner- One of the most conveniently located cities in the Northeast, ships with area hospitality providers, local busi- Jersey City is accessible via air, land and sea. Fliers can arrive and nesses and the Jersey City Economic depart from Newark-Liberty International and Teterboro Airports in Development Corporation’s Urban Enterprise New Jersey—both just ten miles and minutes away. New York’s Zone Program. Visit www.destinationjerseyci- LaGuardia and John F. Kennedy International Airports are also in ty.com for an overall view of what Jersey City easy reach at less than 25 miles to the east. has to offer in the areas of cultural enrich- Amtrak provides passenger rail service to Newark Penn ment, recreation and entertainment as well as Station in New Jersey and New York Penn Station in Manhattan. trip-planning, accommodations and trans- Connecting PATH service as well as buses and taxis make it easy portation. JC

Special Supplement to NJBIZ ● NOVEMBER 12, 2007 29 30 RestaurantWeek2 10/17/07 6:54 PM Page 2

JERSEY CITY : Gateway to Opportunity

E N J O Y

A Creative Center of Cultural Life The Jersey City Museum stresses the value of all cultures and shows people what they can learn from each other

t has been said that a great city deserves a great museum, and Jersey City is no adults, $2 for seniors and students, and free for children under 12 and museum mem- exception. The Jersey City Museum is a terrific cultural destination that’s also bers. Admission is free for all on Thursday evenings from 5 to 8pm. Jersey City doing its part to help revitalize downtown and make the entire metropolis a more Museum is located at 350 Montgomery Street at Monmouth in the Historic Downtown Iattractive place to live and work. And while the museum has an impressive histo- District of Jersey City, within walking distance of the Grove Street PATH and Jersey ry that began in 1901, it is the last six years—since it reopened at 350 Montgomery Avenue Light Rail stations. For more information, visit www.jerseycitymuseum.org or Street in 2001—that have come to be its most active and influential. call (201) 413-0303. JC The building’s utilitarian exterior fails to prepare a visitor for the beauty that awaits. That will soon be remedied, too, as the museum is planning a major façade The Liberty House: a tasty stop during the facelift in 2008 that will raise its profile and beautify the streetscape along the Summer 2007 Hudson Restaurant Week. Montgomery Street corridor. The interior is stunning, with a soaring, sunlit atrium, grand staircase and eight galleries that show the best in contemporary art. The museum’s other amenities include the 152-seat Caroline L. Guarini Theater, digital media spaces, and a full service pantry for museum and corporate events. With a mission to “present, collect, and interpret American visual art and material culture of the highest quality,” the museum has become Hudson County’s cultural gem and the leading presenter of contemporary art in the state. Each year, Jersey City Museum welcomes more than 20,000 visitors and serves more than 11,000 children and youth through arts education programs. Visitors enjoy a wide range of innovative programs that enrich the lives of children and adults alike, including festive openings, meet-the-artist opportunities, classes, film festivals, and other events that bring our community together in a celebration of the arts. 10 DELICIOUS DAYS OF DINING Founded in 1901, Jersey City Museum’s collection comprises some 10,000 ersey City has become a destination for fine dining and there’s no better way to objects, including the largest collection of work by the Jersey City illustrator and land- Jsample the area’s cuisine than during Hudson Restaurant Week. scape painter August Will (1834-1910), as well as over 300 paintings, works on paper, Founded by Tamara Remedios in 2005, the biannual event serves to boost maps, textiles, and decorative and industrial objects. Since the mid-1970s, when the business during two of the restaurant industry’s slowest times—January and July— museum started collecting the work of contemporary, culturally diverse American while allowing local residents and workers the opportunity to become acquainted artists, the collection has grown to include works by Jacob Lawrence, Chakaia Booker, with local eateries at reduced prices. “It’s a good thing for everyone involved,” says Willie Cole, Cindy Sherman, Louise Nevelson, Romare Bearden, Tom Otterness, Jaune Remedios, who was a member of the NJBIZ Forty Under 40—Class of 2005. Quick-to-See Smith, Conrad Marca-Relli, James Rosenquist, Lorna Simpson, Juan Hudson Restaurant Week serves 10,000 diners in 10 days. The Summer 2007 Sanchez, and Pepón Osorio. Hudson Restaurant Week ran from Monday through Friday from July 23rd through The City of Jersey is a major supporter of the museum as is the corporate com- August 3rd. In all, 30 local eateries participated, including these favorites in Jersey munity; donors include major waterfront players like JPMorgan Chase, Fidelity City—95 Greene, Casa Dante, C-Side, Edward’s Steakhouse, Komegashi and Investments, Goldman, Sachs and UBS. The development community has helped, too. Komegashi Too, Liberty House, The Merchant, O’Connell’s, The Pointe, Porto BLDG Management, Canco Lofts, Panepinto Properties and Newport are major sup- Leggero, and South City Grill. Prix fixe lunches and dinners are offered at discount- porters; they too see the value in supporting the City’s cultural touchstone. ed prices without the coupons and passes that are often required for such events. On a recent September night, the museum welcomed over 600 guests at the open- “There’s a cuisine to suit everyone’s tastes,” notes Remedios. ing of its fall exhibitions. Mayor Jerramiah T. Healy, Council President Mariano Vega, Plans are now in the works for the Fourth Annual Winter Restaurant Week, Jr. and other dignitaries were in attendance to view works by a range of contemporary which is scheduled for weekdays from January 28th through February 8th in 2008. artists, an exhibition highlighting works from the museum’s collection and a collabo- Remedios, who also founded Get Out Hudson magazine, indicates that she expects rative performance art piece featuring a Jersey City artist and high school students there will be at least 30 restaurants participating. “We really want to encourage peo- from every ward in the City. No wonder the New York Times has called the Jersey City ple to take advantage of the opportunity to savor their favorite spots and their deli- Museum, ”the best contemporary art space in New Jersey.” cious cuisine or try the fare at restaurants where they’ve never dined before,” Jersey City Museum’s gallery hours are Wednesday and Friday from 11am to 5pm, Remedios says. Thursday from 11am to 8pm and weekends from 12pm to 5pm. Admission is $4 for For more information, visit www.hudsonrestaurantweek.com. JC

30 NOVEMBER 12, 2007 ● Special Supplement to NJBIZ 31 Newport Ad 10/17/07 11:51 AM Page 2

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100 Town Square Place Jersey City, NJ 07310 www.newportnj.com 32 JDEDC Ad 10/17/07 11:50 AM Page 2

You’ve seen us by day. Let us dazzle you at night. Jersey City: New Jersey’s Premier City and Gateway to Opportunity!

“Our Urban Enterprise Zone program has helped transform Jersey City into one of the most desirable places to live, prosper, shop and enjoy! Learn about the many ways the UEZ can make your business more successful!” —Mayor Jerramiah T. Healy

UEZ Members May— 1 • Advertise and charge just 3 ⁄2% sales tax—half the normal tax! • Purchase items for their business, tax-free • Be eligible for tax credits on new hires and unemployment insurance-based awards

UEZ Members Are Eligible for Grant Programs Exclusive to Jersey City Businesses— • Façade rehabilitation grants • Relocation grants

UEZ Members May Apply for NJ State Programs— • Business Employee Incentive Program • Business Relocation Grant Program • Customized Training for Employees For more information, contact UEZ Director Roberta Farber at: Jersey City Economic Development Corporation Urban Enterprise Zone Program 30 Montgomery Street, Suite 820 Jersey City, NJ 07302 201.333.7797 www.jcedc.org

Paid for by the State of New Jersey Urban Enterprise Zone Program