Friday, April 17, 2026

Economy

Historic building collapses in Trenton, demolition now unavoidable [nj.com]

A historic building in Trenton collapsed. Officials say the structure had deteriorated beyond repair, raising broader concerns about aging infrastructure and preservation across New Jersey.

The New Jersey Turnpike was meant to be free. So what happened?

The New Jersey Turnpike was meant to be free. When it opened in the 1950s, tolls were sold as temporary. Drivers would pay until construction bonds were paid off. Then the booths would come down. That never happened. Here’s why.

Connecticut’s ASCE Infrastructure Report Card

A snapshot of Connecticut’s infrastructure highlights both progress and persistent challenges.

Understanding the forces behind rising electric bills in New Jersey

Utilities are getting the blame for rising energy costs. But most of your electric bill isn’t set by them. So what’s really driving prices in New Jersey?

NJ green workforce initiative enters next phase with fresh funding [New Jersey Business Magazine]

NJEDA approved Phase 2 of the Green Workforce Training Grant, a $4 M initiative to fund training programs in the green economy, prioritizing overburdened communities.

Energy expenses top concern for small business owners, NFIB reports [ROI-NJ]

Rising energy costs are hitting N.J. small businesses hard, NFIB survey shows.

Pennsylvania’s 2025 ASCE Infrastructure Report Card

The American Society of Civil Engineers’ 2025 Infrastructure Report Card evaluates infrastructure across 18 categories, grading systems from A to F based on condition, capacity, funding, resilience, public safety, and future needs. The report highlights progress since the Infrastructure Investment and Jobs Act was passed in 2021, but it also makes clear that Pennsylvania continues to face serious infrastructure challenges, particularly in water systems and aging transportation assets.

Cargo traffic rose at Port of NY and NJ in 2025 despite tariff uncertainty [ROI-NJ]

Cargo volume at the Port of NY & NJ rose in 2025 despite tariff uncertainty, up 2.3% from 2024 and marking the port’s third-busiest year on record.

Sherrill Budget Address Transcript and Word Cloud

https://www.youtube.com/watch?v=0ugfYxy84Gc Word cloud of frequently-used words FULL TRANSCRIPT Lieutenant Governor Caldwell.Senate President Scutari. Speaker Coughlin. Majority Leaders Ruiz Greenwald. Republican Leaders Bucco DiMaio. Members of the 222nd...

Economic Engine: The growth of the Port of New York & New Jersey

Today, it stands not only as the largest container port on the East Coast, but as one of the most important economic engines in the United States.

Micron’s $100 billion New York semiconductor manufacturing project is facing local pushback [MSN]

"In 2024, President Biden signed a law exempting most publicly funded semiconductor projects from federal environmental review, a move supporters said would speed construction...

Monmouth County Board of County Commissioners passes resolution authorizing use of Project Labor Agreements

On February 26, 2026, the Board of Monmouth County Commissioners has passed a resolution authorizing all Monmouth County departments to use Project Labor Agreements (PLAs) on public...

Sherrill unveils budget plan centered on spending cuts and tax stability [BINJE]

Gov. Mikie Sherrill’s first budget proposal emphasizes no new taxes and spending cuts as New Jersey works to close a projected deficit.

Hoboken Connect project reshapes Hoboken Terminal area

The Hoboken Connect will be a new transit-centered district, combining historic restoration, new development and public open space at Hoboken Terminal.

Federal earmarks bring $23.8 M for roads, water quality and storm resilience in Monmouth County [TAPinto]

More than $23.8M in federal funding is headed to Monmouth County to support water quality, storm resilience and public safety infrastructure.

New Jersey commercial real estate sales reach $1.5B, led by Middlesex and Morris [BINJE]

Northern and central New Jersey saw about $1.5B in commercial real estate sales in late 2025, led by strong warehouse activity in Middlesex and Morris counties, along with office and retail deals.

NJBIA, Building, Labor Groups Urge Sherrill Administration to Reconsider DEP Land Use Rules [New Jersey Business]

"We strongly support efforts to improve climate resilience and environmental protection. However, these goals must be pursued in a manner that is economically sound, administratively efficient, and compatible with New Jersey’s urgent need for housing, investment, and job creation."

New Jersey Gives Municipalities New Construction Tool with Landmark PLA Expansion

"The bill received overwhelming bipartisan support in the Legislature — passing the General Assembly by a 63–10 vote and the Senate by a 35–4 margin — an uncommon show of unity in today’s political climate."

Homeowners may pay more to appeal property tax assessments in NJ [NJ Spotlight News]

New Jersey lawmakers are considering a plan to raise the fee homeowners must pay to challenge their property tax assessments with county tax boards. The filing fees haven’t been updated in decades, and under the legislation the cost to appeal could go up by roughly $50 for many residents.