“In the second initiative announced this week aimed at luring out-of-state tenants to the Gateway Center after Prudential decamps, the landlord for Two Gateway [C&K Properties] has hired prominent attorney Ted Zangari to be an ‘incentive concierge,’ providing customized analyses of benefits available through the new Economic Opportunity Act.
‘Ted has an understanding of this complex piece of legislation that is unmatched in the state,’ said Ben Korman, a principal of C&K.
‘In just the first few weeks since its enactment, it’s clear that the new Grow NJ incentive program offers enormous savings for businesses seeking to relocate to urban transit hubs,’ such as Newark, said Zangari. ‘The challenge for us is to make these benefits easily understandable and accessible to businesses early in their site selection process.’”
