|
|
Article: Industry fumes at NJ's recruiting tactics. (New York, New York real estate industry in competition with New Jersey for commercial leasing business and revenues)
- Article from:
- Real Estate Weekly
- Article date:
- December 9, 1992
- Author:
CopyrightCOPYRIGHT 1992 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
New Yorkers are fuming over the launching of a major program to encourage businesses from New York to move to New Jersey that signals the end of a formal non-aggression pact between the two states and Connecticut.
Many find it outrageous that the revenues generated from the World Trade Center are paying for programs in New Jersey and are paying to lure companies out of New York to go to New Jersey.
"We think it might be questionable use of Port Authority funds, said a spokesperson for Urban Development Corp. Chairman Vincent Tese, "because it certainly is not in the spirit of what the Port Authority has stood for."
"It's not the war between the ...