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First Urban Developer's Night Draws 170

NEWARK-The first ever Urban Developer's Night sponsored by the Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area drew a crowd of 170.

By Maria Wood | Updated on April 28, 2009

NEWARK-The first ever Urban Developer’s Night sponsored by the Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area drew a crowd of 170. The event was held Monday evening at the Robert Treat Hotel here.

The event was conceived by Sean Brady, IOREBA secretary and senior director at Cushman & Wakefield in East Rutherford. Previously, similar gatherings focused on the suburbs. “This type of event didn’t exist and we need them,” he said. “Nobody was doing anything to showcase the cities of New Jersey.” He pointed out that with much of the state’s incentive packages geared toward urban areas, tenants need to know how they can lower their overhead costs by moving to a city core.

The evening’s speaker, Tim Lizura, senior vice president of the New Jersey Economic Development Authority, spoke about those incentive programs, which focus on three strategic aims: project assistance to businesses; promoting a green economy and marketing the State of New Jersey. “We need to talk about what makes New Jersey great,” he said.

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