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N J s nonprofit hospitals will avoid property taxes but must make community service payments under new law
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Murphy proposes $44 8B budget, boosting pension, school aid
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Power 100: A – M
Leslie Anderson
Anderson is the president and chief executive officer of the New Jersey Redevelopment Authority the first and only African-American woman in the nation to lead an independent redevelopment financing agency, and thanks to her effectiveness she has been reappointed to this position by four consecutive governors. Since Anderson took over more than a decade ago, the authority has leveraged nearly $4 billion in new investments – including about $500 million in direct investments – in some of the state’s most economically distressed communities. That funding has been vital to redevelopment efforts around New Jersey, with the authority claiming credit for 15,000 new housing units and more than 10 million square feet of commercial and retail space. And the authority is now poised to play a significant role in the Opportunity Zone program. In response to the COVID-19 pandemic, NJRA created the Small Business Lease-Emergency Assistance Grant Program
Power 100: N – Z
Philip Norcross
Law firm Parker McCay and lobbying firm Optimus Partners might represent the epitome of the politically connected firms – if the news headlines and government watchdogs are to be believed. Philip, an executive at both, is the nexus of those connections. That became evident in 2019, when activists and a task force put together by the Murphy administration outlined Optimus’ and Parker McCay’s alleged influence over the creation of the 2013 tax break program, and in helping businesses win lucrative incentive awards. Philip is the brother of both George Norcross, the South Jersey political kingmaker, and Donald Norcross, a U.S. congressman representing the First Congressional District. With the creation of a new massive tax break legislation, Trenton insiders have been speculating about just what kind of role Philip could play in helping businesses win incentives.
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