Marketplace with Kai Ryssdal, American Public Media
Interview on radio regarding an in-depth look at economic incentives
Since 1962, Forbes Magazine has been headquartered on 5th Avenue in New York City, behind a limestone facade with Ionic columns. But by the end of the year, it's moving a twenty-minute train ride away to a glass tower in Jersey City.
For decades, companies in New York City have moved offices across the Hudson River, to the city that has been dubbed New York's "sixth borough."
"You can look not too far away and see Manhattan, you’re on the water, and the rent’s a lot lower," says Gordon MacInnes, president of local policy watchdog New Jersey Policy Perspective. (Read More...)
Winner is the word. Gap Inc.'s plan to re-equip the Fishkill distribution center and add 1,200 jobs over the next five years means there will be many winners in Dutchess. The Dutchess County site beat out a similar facility in Gallatin, Tennessee. Dutchess got its first big jobs win in several years. In 2016, hundreds of job-seekers will win work and more will in later years. (Read More...)