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Prism Capital Partners’ Edwin Cohen spoke on a redevelopment-focused panel at the prestigious Governor’s Conference on Housing and Economic Development this fall.

Quest Diagnostics and Ralph Lauren could be among the newest tenants at the former Hoffmann-LaRoche campus in Clifton and Nutley, now known as ON3, following the approval of $88 million in tax credits to support more than 500,000 square feet of activity at the site.

Modern Meadow, a biofabrication company pioneering the creation of biologically advanced materials, is moving to a state-of-the-art laboratory and pilot manufacturing site at ON3, the former Hoffmann-La Roche campus in Nutley, NJ, helped in part by $32 million in Grow NJ tax credits from the New Jersey Economic Development Authority.

In the office market, state economic development incentives are fueling growth in the technology sector and, in at least one case, helping to fill vacancies left behind by pharma companies shedding office space due to acquisitions and mergers.

“New York went after them as hard as we’ve ever seen New York go after another enterprise,” Eugene Diaz, principal with Prism Capital Partners, said of the biotech firm.

The West Orange Township Council recently approved Phase II Of Prism Capital Partners’ redevelopment plan as Phase I of the Edison Village project nears completion.

njbiz.com Original Article E-commerce and the role of the next governor in real estate were resounding themes at the New Jersey NAIOP CEO Perspective panel last week. With less than five weeks until the gubernatorial election, the chapter members gathered at Maritime...