Local Business
05/02/2026 · Edison
Bristol Myers Squibb Pumps $200M into Princeton Biotech Expansion
Bristol Myers Squibb has broken ground on a cutting-edge research facility in Princeton, injecting $200 million into New Jersey's biotech hub and promising 500 high-tech jobs in drug development. The move bolsters the state's life sciences leadership amid surging AI-driven innovations. Local leaders hail it as a game-changer for the Garden State's economy.
Jersey Shore Homes Surge 12% as NY Remote Workers Flock South
Median home prices along the Jersey Shore hit $535,000 in South Jersey, up 12% from last year, fueled by New Yorkers ditching city commutes for coastal living. Towns like Asbury Park and Stone Harbor see values explode amid scarce beachfront land. The remote work boom has turned NJ's shorelines into the nation's hottest real estate prize.
05/02/2026
Newark Port's Record 2025 Volumes Fuel NJ Economic Surge
The Port of New York and New Jersey, anchored in Newark, shattered expectations in 2025 by handling 8.9 million TEUs, cementing its role as the nation's second-busiest container gateway. Amid tariff uncertainties, this surge boosted exports, rail traffic and thousands of logistics jobs across the Garden State. New Jersey's economy reaps the rewards as the port powers regional growth.
05/02/2026