Thursday, December 16, 2010 (Morning)
New Jersey May Get $128 Million Refund From U.S. for Canceled Rail Tunnel (McNichol, Bloomberg) Statewide
“New Jersey will get a refund of almost half that $271 million it owes the federal government for canceling a proposed commuter-rail tunnel once the money is repaid, U.S. Transportation Secretary Ray LaHood said.”
N.J. Senate panel approves tax breaks for historic building rehabilitations, limos, movie studios (Friedman, The Star-Ledger) Statewide
“Developers and homeowners who rehabilitate historic buildings would be eligible for major tax breaks under a bill approved by the Senate Judiciary Committee today.”
Residents Make Last Ditch Effort to Stop Development (Thorne, Cranford Patch) Cranford, Union County
“The plan to build 163 housing units along South Avenue is now one step closer to becoming reality.”
