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The Benefits of Revitalization



This economic renaissance is fueled by creative developers and New Jersey business assistance programs, which make building and living on the West Bank significantly less expensive than Manhattan. Taxes, rents and utilities are all far lower than in New York. The state has granted significant tax incentives to lure thousands of jobs across the Hudson, reducing income tax costs. Hudson County has added more than 30,000 new jobs in the last decade. With drawing boards filled with new proposals, another 60,000 jobs could be created in the next five years to fill the new offices under construction.


The 1,212 - acre Liberty State Park, in the shadow of Ellis Island and the Statue of Liberty and home to the Liberty Science Center, is already the most visited park in New Jersey. Building on its success, an important public-private project is in the works to transform the 18-mile waterfront from Bayonne to the George Washington Bridge into a public promenade offering splendid views of the world�s most famous skyline.


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