By: Ted Zangari and Cecilia I. Lassiter
New Jersey has been without a public financial incentive to attract and retain businesses since June 2019 when the GrowNJ program expired. Earlier this week, Gov. Murphy signed into law the Economic Recovery Act of 2020 which includes a replacement incentive program to be known as “Emerge.” The real estate attorneys at Sills Cummis & Gross P.C. have digested the 249-page bill and prepared a detailed summary of the “Emerge” program.