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Atlantic City has reached an agreement to sell its old municipal airport property to its water utility in a deal that city officials hope will help it avoid a state takeover.
September 26 -
Atlantic City is now starring at a possible default by early October after New Jerseys Local Finance Board rejected the distressed citys request for a reprieve after violating a term of a $73 million bridge loan.
September 23 -
New Jerseys Stockton University is holding a bond sale Thursday to raise proceeds for its planned new $178 million Atlantic City campus.
September 21 -
The Port Authority of New York and New Jersey and elected officials from both states have agreed to a new expanded planning process for a new Manhattan bus terminal.
September 20 -
Atlantic City is close to violating one of the terms in a $73 million state loan agreement and is asking for a reprieve.
September 14 - New Jersey
The termination of New Jerseys tax reciprocity agreement with Pennsylvania is a credit positive for the Garden State due to $180 million in estimated new annual revenue that will be generated, according to Moodys Investors Service.
September 12 - Pennsylvania
New Jersey Gov. Chris Christie's Sept. 2 decision to revoke a nearly 40-year tax reciprocity agreement with neighboring Pennsylvania does not pose an immediate credit impact for either state, according to S&P Global Ratings.
September 9 -
An opponent of the bond financing plan for the American Dream megamall in East Rutherford, N.J. is going to court to block the transaction.
September 8 - Pennsylvania
In an effort to pull in more revenue for New Jersey, Gov. Chris Christie revoked a nearly 40-year tax agreement with neighboring Pennsylvania.
September 6 - New Jersey
New Jersey Gov. Chris Christie vetoed a bill Tuesday that would have hiked the states minimum wage to $15 an hour by 2021 citing negative economic impacts from other municipalities that have enacted this plan.
August 30









