NEWARK, NJ-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 has hired prominent attorney Ted Zangari to be an “incentive concierge," providing customized analyses of benefits available through the new Economic Opportunity Act
CBRE's agents for Two Gateway are saying that it is possible for some relocating tenants to trigger enough tax-incentive bonuses to effectively operate rent-free for a decade.
“This particular building is perfectly positioned to benefit from the new incentives program,” said Dudley Ryan of CBRE.
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