**Jersey City is installing barriers to keep motorists from parking too close to intersections. The method, which is called daylighting, is being tested in three locations: Erie and First streets, Bergen and Storms avenues, and Monticello and Storms avenues. The point of the barriers is to improve visibility for motorists, pedestrians, and cyclists by clearing up intersections and preventing cars form illegally parking too close to traffic signs. —NJ.com
**Gov. Chris Christie recently vetoed a bill to reinstate New Jersey’s Film Tax Credit. Previously, if a film or TV company spent 60% or more of its total budget in New Jersey, they’d be eligible for 20% of that money back in the form of a tax credit. Supporters of the credit argue that the incentive was a boon for local businesses and that it helped create jobs and move the local economy. In his veto, Gov. Christie argues the contrary: “…the Legislature has chosen to advance an expensive bill that offers a dubious return for the State in the form of jobs and economic impact…” —NJTVNews
**News Corp. and 21st Century Fox have pulled out of 2 World Trade Center (pictured above). The two Rupert Murdoch-owned companies will stay in their longtime Midtown offices at 1211 Avenue of the Americas instead of becoming the anchor tenants at the new Bjarke Ingels-designed 2 WTC building, which will be located at 200 Greenwich Street. The 81-story skyscraper will feature multiple stepped terraces that will let workers walk out of their offices and and enjoy lush greenery without having to leave the building. —DNAinfo
**Construction has officially started on LeFrak’s 17th residential tower in Newport, the Ellipse. The 43-story high-rise will include 376 apartments and ground-floor retail and commercial space. The tower is scheduled to be completed in 2017. —NJ.com
(Image: Silverstein Properties)
