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Princetons merger may give boost to commercial real estate

The merger of Princeton Borough and Princeton Township is likely to have a positive effect, however slight, on the commercial real estate market in a locale that attracts companies and tenants who seek a prestigious address. “The consolidation of the two towns, if nothing else, should have a positive impact on a few things in ...

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Terumo buys sheath-maker Onset Medical

A Somerset medical device maker is boosting its line of minimally invasive surgery products with the acquisition of a California firm. Terumo Medical Corp., the U.S. subsidiary of the Japanese firm Terumo Corp., said Monday it has acquired Irvine, Calif.-based Onset Medical Corp., which specializes in sheath technology used in minimally invasive cardiology and urology ...

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Christie set to deliver delayed State of State address

New Jersey’s business community awaits Gov. Chris Christie‘s delayed annual State of the State address, to be delivered Tuesday afternoon. Christie’s speech is expected to highlight his administration’s efforts over the past year to call for advancing some items left on his agenda, including education reform and the end of paid unused sick leave for ...

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Cleanup experts in demand as deadline nears

The May 7 deadline to most of New Jersey’s more than 15,000 polluted sites under the supervision of private-sector consultants has left the Department of Environmental Protection expecting a surge in retention of these experts — and fending off continued criticism from industry insiders. As the deadline bears down on site owners and responsible parties, ...

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High hopes for backers of medical marijuana

Two years after New Jersey legalized medical marijuana, 2012 looks like it will be the year the state’s first dispensaries open, advocates say. But even with the end of a lengthy legalization battle in sight, supporters say plenty of issues still need to be resolved in order to make the program achieve its intended aims. ...

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Addressing confusion on 250M incentive

The status of a $250.8 million tax credit award to Prudential Financial Inc. is unclear, as the insurance giant has publicly said it’s considering multiple sites in Newark to build a new headquarters property, though its application identifies a Center Street address near the New Jersey Performing Arts Center. But the one site specified in ...

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