The goal of the Historic Property Reinvestment Program is to revitalize these vacant and abandoned sites — some in New Jersey date back to the mid-17th century — in a way that benefits the local neighborhood and economy.

The firm's $260 million award under the Grow New Jersey program was one of the largest in state history.

State lawmakers approved another major expansion of New Jersey’s film, television and digital media incentive program on Monday, sending the legislation to Gov. Phil Murphy's desk, as the state eyes how to boost its sluggish economic recovery amid 22 months of the pandemic.

The State Comptroller’s Office, in a Jan. 5 report, faulted the New Jersey Economic Development Authority for not clawing back $200 million in overpayments.

Holtec International was awarded the $260 million Grow NJ incentive in 2014 for moving to Camden, making it one of the largest in state history.

In 2018, Gov. Phil Murphy revived the program, under which the state compensates producers for filming scenes in New Jersey and buying in-state goods. He approved a first expansion in early 2020, and another in the $14.5 billion economic subsidy package he signed this past January.

The latest undertaking in the city's Great Falls Historic District would restore two buildings for veterans housing.

Media productions in the Garden State are projected to reach a historic level, as the state's lucrative incentive program has bolstered demand and ramped up the amount of studio, network and independent filming.

The state is awarding a $109 million tax break to the fintech under NJ Emerge to renovate and open a 428,000-square-foot, four-story office site in Berkeley Heights.

In 2019, the media giant received nearly $14.4 million for its season one production in East Rutherford of “The Enemy Within,” and an $11.2 million award for the Kearny production of “Little America.”

According to state officials, the money was awarded in August 2017 on two primary conditions: for major expansions at the global drugmaker's Bridgewater corporate campus, and that it would retain 2,099 job positions. But, the NJEDA contends, both circumstances have changed.

The state Senate approved the 213-page measure by a unanimous vote at its June 30 session--the day before lawmakers break for the summer recess and to begin their reelection campaigns.