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IN THE NEWS: Hartz Sues EDA Over Panasonic Credits

Posted on April 5th, 2011 | Author: Tim McKeown

NJ Biz reports: Secaucus-based real estate developer Hartz Mountain Industries has filed another lawsuit against the New Jersey Economic Development Authority, appealing the agency’s approval of $102 million in Urban Transit Hub tax credits to Panasonic.  The credits would allow Panasonic to relocate from current space in Hartz-owned building for a new building in Newark.