Recent data from state and industry sources shows a sharp slowing in the number of building permits issued for warehouse construction last year in New Jersey. Those sources also show a new rise in vacancies, and a lower rate of increase in rents for the giant buildings, which have been springing up throughout the state for several years.
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People who normally use the Route 71 bridge over the Shark River between Avon and Belmar that’s been stuck in the open position since early March will get a free shuttle bus to ride until the span is fixed. The free ride between the business districts of Belmar and Avon-by-the-Sea was announced by the state Department of Transportation and will start Wednesday morning. It will operate until the bridge is fixed.
Fatal crashes are up over 27% statewide in the first four months of the year, police said in a statement. Central Jersey leads the state in fatal crashes with Middlesex and Monmouth counties seeing the most deaths, the statement said.
Under the governor’s nearly $56 billion spending plan, a small group of only the state’s most profitable companies would be forced to dig deeper, with the additional revenue earmarked for New Jersey Transit, the state’s chronically cash-strapped bus and rail agency. For some lawmakers, a key issue is whether the governor has picked the right tax to dedicate to supporting NJ Transit’s strained operating budget over the long haul.