Powerful South Jersey Democrat's business to get $86M tax break, report says

An insurance company run by George Norcross, a longtime Democratic powerbroker and ally of Gov. Chris Christie, received a tax break totaling $86 million in connection with a proposed Camden office building, NorthJersey.com reported.

Norcross and partners propose Camden office tower 

The state Economic Development Authority granted a total of $245 million in tax breaks to three companies planning to build the office tower in Camden, including Conner, Strong and Buckelew, an insurance company headed by Norcross.

The firms have pledged to create nearly 900 jobs in Camden and would occupy the 18-story tower, which is scheduled to be completed …read more

Source: NJ.com Camden

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