GluckWalrath is proud of their role as bond counsel and redevelopment counsel to the City of Newark in connection with a tax abatement and a redevelopment area bond financing through the New Jersey Environmental Infrastructure Trust. This week, a groundbreaking ceremony was held in Newark on the $40+ million redevelopment project on Lister Avenue to remediate brownfields and construct a distribution center.
Warehouse May Bring up to 400 Jobs to Newark
“We’re transforming despair into hope, because in the worst economy in my lifetime, here we are at projects like this that will create hundreds and hundreds of jobs,” said Mayor Cory Booker. “Hundreds of construction jobs, hundreds of permanent jobs, through the PLA [project labor agreement] and working with our partners.”