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State Aims to Boost Business Climate

TEANECK, NJ-The afternoon session of RealShare New Jersey dealt with the need to create jobs in the midst of one of the worse job-loss recessions on record.

By Maria Wood | Updated on October 22, 2009

TEANECK, NJ-Even as the state and the nation suffers through one of the worse eras for employment growth, a group of business trade associations in New Jersey are working to improve the business climate in the state.

During the afternoon session of RealShare New Jersey, held here yesterday and attended by some 300 industry executives, a panel entitled “Legislative Update from the Smart Growth Economic Development Coalition” gave the audience a recap of the coalition’s successes–passage of the Permit Extension Act, Urban Transit Hub Tax Credit and the Economic Redevelopment Growth Grant programs–and insight into other initiatives the group has on it agenda.

The panel was moderated by Ted Zangari, founder of the coalition and attorney with Sills Cummis & Gross, and included Bob Delia, chair of the government relations committee of the New Jersey chapter of ICSC; Conor Fennessy, VP of government affairs of the New Jersey Apartment Association; Kenneth Lundberg, president of SIOR, New Jersey chapter; Michael McGuiness, CEO of NJ-NAIOP; and Timothy Touhey, EVP of the New Jersey Builders Assoc.

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