Thursday, December 22, 2011

Company’s moving away ignites local political battle in Parsippany

Real estate franchiser Realogy Corp. is receiving $12.1 million in incentives from the state of New Jersey to move to a new location seven miles from their current one.

According to Richard A. Smith, president and CEO of Realogy,several other relocation options had been considered but business incentives from the New Jersey Economic Development Authority, along with the New Jersey Business Action Center’s efforts, were a significant factor in Realogy’s decision to remain in state. More here.

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