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Can New Jersey Find A Winning Playbook and Win Over the Business Community?

Trenton Searches for Answers After Tax Credit Incentive Program Draws Few Takers
Fiserv shunned overtures from Georgia and became one of only two firms to accept Emerge tax credits under the New Jersey Economic Recovery Act of 2020 to remain in the Garden State. Tthe tech firm leased space in this building in Berkeley Heights, New Jersey. (CoStar)
Fiserv shunned overtures from Georgia and became one of only two firms to accept Emerge tax credits under the New Jersey Economic Recovery Act of 2020 to remain in the Garden State. Tthe tech firm leased space in this building in Berkeley Heights, New Jersey. (CoStar)
CoStar Analytics
February 15, 2023 | 9:37 P.M.

While various office markets across the country can trace their high vacancies today to the pandemic doldrums, in New Jersey the state's tax regime can also be seen as a contributing factor to the swaths of empty cubicles lining its trophy office parks.

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