Crunching Numbers
$90 million
The expected savings over two decades thanks to the Casino Reinvestment Development Authority’s $77 million energy efficiency program at Jim Whelan Boardwalk Hall and the Atlantic City Convention Center.
Ten
According to the Northeast States for Coordinated Air Use Management, how many states—including New Jersey—have met their shared goal of putting 3.3 million electric vehicles on the road by this year.
23
How many NJ start-ups focused on solving maternal and infant health challenges received a combined $1.7 million in grants from the Commission on Science, Innovation, and Technology last month, including Sewell’s HeraNano Therapeutics and Analytical Diagnostic Solutions in Mount Laurel.
Three years
The new timeline for NJ TRANSIT’s multilevel car window replacements, reducing the plan’s expected completion from its original six-to-eight-years projection.
No. 2
Where the review service Seniorly recently placed Arbor Terrace Mount Laurel in its nationwide Senior Living Awards rankings, examining more than 60,000 senior care facilities to find the country’s best.
Seventh
New Jersey’s national ranking in Simplify LLC’s study published last month that identifies the country’s most expensive states in which to start a business.
16.17%
How much longer the typical New Jersey worker’s commute is versus the national average, per data from the U.S. Census Bureau’s American Community Survey indicating the typical Garden State commute is 30.9 minutes, the country’s third highest.
8.9 million
The approximate number of Americans who last month’s Board of Labor Statistics’ report shows are working multiple jobs, the highest rate since the Great Recession’s April 2009 findings.
300MW
The capacity of Dutch AI infrastructure company Nebius Group’s new planned data center in Vineland, intended as a major upgrade to its cloud computing capabilities.
Breakdown
NJ TRANSIT’s looming fare hikes signal new leadership’s focus on rebuilding the agency.
What Happened: Last month, the board of NJ TRANSIT took its newest step toward adopting a proposed $3.2 billion operating budget that includes a 3% fare hike.
What It Means: After Kris Kolluri completed his recent tenure as Gateway Development Commission CEO to lead NJ TRANSIT, the South Jersey resident made his intention of expanding rail service to the region clear: He plans for 2025 to be the year of preconstruction on the long-delayed and controversial 18-mile Glassboro-Camden Line, a light rail project he’s described as a “once-in-a-century” opportunity for development. Kolluri also noted in accompanying documents that the budget proposal represents not only an effort to rebuild the agency’s foundation, but also prioritizes customers and their safety while positioning NJ TRANSIT as an “exemplary transportation agency of the nation.”
What’s Next: The board has not yet adopted the proposed budget, though board commissioners have unanimously voted in favor of releasing it to lawmakers despite scattered public concerns about how higher fares might impact low-income riders.
On the Move
Last month, NJM Insurance Group announced that President & Chief Executive Officer Mitch Livingston’s retirement is set for July 31. Its board of directors unanimously selected current NJM Executive Vice President and COO Carol Voorhees as the company’s next president and CEO.
Flaster Greenberg recently welcomed H. Matthew Taylor as a shareholder in both its litigation department, and labor and employment practice group.
Duly Noted
The South Jersey Chapter of the National Association of Women Business Owners (NAWBO SJ) hosted its Beyond the Glass Ceiling Awards Gala on March 6, and the evening’s honorees were a number of local women recognized as change-makers impacting the local community. Among them were the Archer Law team, Trinity Jagdeo of From We Can’t to We Can, Dr. June DePonte Sernak of Alice Paul Center for Gender Justice and Patricia A. Legge, Esq., LMSW, of Volunteer UP Legal Clinic.
