The city is paying out $100,325 to the owner of a large industrial building in the Totowa section for over assessing the property in 2016 and 2017 tax years, according to municipal records.
Almost three dozen local African-American vendors are putting on a “buy black” bazaar at the Masonic Lodge on Sunday afternoon. Vendors will be selling clothing for both men and women, accessories, art, artisan jewelry, organic body products, food, and books.
A city man won $100,000 from a scratch-off lottery ticket purchased from a 21st Avenue store, the New Jersey Lottery stated on Tuesday morning.
The downtown Paterson shopping district became the home of a new PriceRite at the Center City Mall over the weekend. The supermarket which brought 88 new jobs to Paterson features 34,000-square-foot of fresh fruits, vegetables, meat, seafood, and dairy products. It also contains an organic section.
The state has awarded a $3.87 million tax break to an Israeli military textile maker to move 50 jobs from Brooklyn to Paterson. Yoland Corporation will relocate to a 18,400 square feet facility on Kentucky Avenue, according to state documents.
The Kontos Food company was awarded a $29.68 million grant on Thursday to expand its footprint in Paterson, according to the New Jersey Economic Development Authority (EDA). As part of the expansion the firm will create 46 full-time jobs in the city.
The New Jersey Economic Development Authority (EDA) is offering small business grants to businesses in eligible areas in Passaic City and Paterson. State has created two business incentive programs to spur economic growth in its poorer cities.