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$2.00 NOVEMBER 23, 2009 www.njbiz.com
New Jersey legislators see room for
compromise on issues that affect
businesses in the state.
Towns seek edge in
Page 8 Rising taxes and fear of a
Real Estate health care mandate have
business owners afraid they’ll
be driven out of New Jersey,
Economic development agencies court small businesses
By martin c. daks opment agency in 2010.
morE muniCiPAliTiES in new “We’re happy to have a big
Jersey are launching or expanding company like Johnson & Johnson’s
economic development agencies in Ortho-Clinical Diagnostics here, but
the hopes that a local touch will give we’d also like to reach out to small
at a their town or city an edge in attracting businesses,” said mayor Jo-Ann
employers during a tough economy. Liptak. “in this trying economy, out-
Investors are showing increasing
one example is raritan Bor- reach efforts like this are even more
interest in the multifamily market.
Page 10 ough, which hopes to open a devel- ➤➤ See ECONOMIC on page 6
Joe Kelly, owner of
Jay-Kay Wine & Li-
quor, says annual tax
and fee increases are
Lawsuit shows it’s tough to prove a
wearing him down.
company is master of its doman name.
By andreW kitchenman
Camden firm taps tech
THE rECESSion AnD looming health care cost increases have raised alarms
among new Jersey business owners, who saw their state rated the nation’s
Economic Heartbeat worst business tax climate for the fourth straight year.
to thwart cyber threats
October marks another month of Joe Kelly, owner of Jay-Kay Wine & Liquor, in Bordentown, said annual
private-sector job losses in New Jersey. tax and fee increases are wearing him down.
Page 15 “All these things add up — it gets more and more expensive” to oper-
ate a business, Kelly said, citing an increase in liquor license costs. now
Opinion he is concerned about whether there will be a federal mandate to provide Rising demand for virtual safety fuels startup’s growth