Media Room

Overview

Stay updated on Newark’s latest developments and BCDC’s new initiatives

Mayor Booker Announces Brick City Development Corporation (BCDC) Has Earned Designation From The U.S Treasury Department As A Community Development Financial Institution (CDFI)—January 4, 2012

Mayor Cory A. Booker, Deputy Mayor for Economic and Housing Development and Brick City Development Corporation (BCDC) Chairman Adam Zipkin, and BCDC CEO Lyneir Richardson announced that the City’s economic catalyst engine Brick City Development Corporation (BCDC) has been certified by the U.S. Department of Treasury Community Development Financial Institutions Fund (CDFI Fund) as a Community Development Financial Institution (CDFI).

Damascus Bakeries Breaks Ground In Newark—October 18, 2011

Damascus Bakeries, the commercial baking company in Brooklyn, NY that is relocating to 60 McClellan Street in the Newark, NJ Urban Enterprise Zone, broke ground on its 117,419 square foot industrial building about a mile from Newark's Liberty International Airport. The company will bring over 180 jobs to the city.

Acting U.S Commerce Secretary Rebecca Blank Visits Newark One-Stop Career Center With Mayor Cory A. Booker—October 17, 2011

Acting U.S. Commerce Secretary Rebecca Blank joined Newark Mayor Cory A. Booker on Monday, October 17, 2011 for a visit to the Newark One-Stop Career Center, the City’s public workforce agency that connects residents to career opportunities and works with employers to match employees to businesses looking to hire. At the One-Stop Career Center, Acting Secretary Blank and Mayor Booker discussed details of President Obama’s American Jobs Act.

Mayor Booker Launches Third Annual Newark Financial Helpline And First-Ever Newark Financial Planning Day To Provide Free Access To Financial Professionals For Newark Residents—October 13, 2011

Mayor Cory A. Booker, Municipal Council Vice President Anibal Ramos, Jr., BCDC Chief Executive Officer Lyneir Richardson, Financial Planning Association National Pro Bono Advisory & Chair of the Financial Planning Association of New Jersey Financial Planning Days initiative Omega D. Hartman, and representatives from various financial institutions and local service organizations announced the launch of the third annual Newark Financial Helpline and first-ever Newark Financial Planning Day.

Mayor Cory A. Booker Announces That Deputy Mayor Stefan Pryor Will Depart The Administration—September 7, 2011

Mayor Cory A. Booker announced that Stefan Pryor, Deputy Mayor and Director of the Department of Economic and Housing Development, is stepping down from his post following his selection to become the State of Connecticut’s Commissioner of Education.

Bartlett Dairy Donates $25,000 To Newark’s South Ward Community—August 22, 2011

Deputy Mayor for Economic and Housing Development & Brick City Development Corporation Chairman Stefan Pryor, South Ward Council Member Ras Baraka, and Brick City Development Corporation CEO Lyneir Richardson announced that Bartlett Dairy has made a corporate donation of $25,000 to non-profit organizations in Newark’s South Ward.

Groundbreaking Ceremony For Construction Of The Distribution Center For Wakefern Corporation—August 3, 2011

Mayor Cory A. Booker, Wakefern Food Corporation CEO Joseph Colalillo, Newark Farmers Market, LLC President Aron Forem, Deputy Mayor for Economic and Housing Development and Brick City Development Corporation Chairman Stefan Pryor, Brick City Development Corporation CEO Lyneir Richardson, as well as city officials and dignitaries gathered in Newark’s East Ward to break ground on Forem Facility Management’s new temperature-controlled distribution center for Wakefern Food Corporation. The 180,000 square-foot facility will bring approximately 120 permanent jobs to the city, and will distribute fresh foods to ShopRites in the Northeast.

Mayor Booker Cuts Ribbon For New U.S. Corporate Headquarters Of Pacific Group Holding, Inc.—July 27, 2011

Mayor Cory A. Booker, Deputy Mayor for Economic and Housing Development and Brick City Development Corporation (BCDC) Chairman Stefan Pryor, President and CEO Carlos A. Aguirre, Berger Organization Owner Miles Berger, Berger Organization Vice-President Brendan Berger and other dignitaries held a ribbon cutting ceremony for the new U.S. corporate headquarters of Pacific Group Holdings, Inc., which has relocated to Newark.

45-57 Edison Place Ribbon-Cutting Ceremony For Grand Opening—June 20, 2011

Mayor Cory A. Booker, Newark Developer Ray Levy, Rep. Donald Payne, Deputy Mayor for Economic and Housing Development and BCDC Chairman Stefan Pryor, BCDC Chief Executive Officer Lyneir Richardson, as well as other city officials gathered for a ribbon-cutting ceremony to celebrate the grand opening of 45-57 Edison Place, which offers two new eateries to the city.

The Manischewitz Company Ribbon-Cutting Ceremony To Open New Headquarters And Plant In Newark’s East Ward—June 14, 2011

Mayor Cory A. Booker joined Manischewitz Company Co-CEOs Alain Bankier and Paul Bensabat, Chief Rabbi of Israel Yona Metzer, Deputy Mayor and BCDC Chairman Stefan Pryor, BCDC Chief Executive Officer Lyneir Richardson, and various city officials and dignitaries for a ribbon-cutting ceremony to open The Manischewitz Company’s 200,000 sq.ft. state-of-the-art facility for the new Corporate Headquarters and Plant located at 80 Avenue K. The world’s largest matzo, 25 feet long and covering 82 sq.ft, was baked and distributed at the ceremony.

Panasonic Lease Agreement Announcement To Bring Its North America Headquarters To Newark, NJ

Mayor Cory A. Booker, Lt. Governor Kim Guadagno, Panasonic Corporation of North America Chairman and CEO Joseph M. Taylor, as well as state and city officials announced that a lease agreement will bring Panasonic Corporation of North America Headquarters to Newark, NJ in 2013.

“Sip. Taste. Discover” – 4th Annual GoNewark Restaurant Week Launches - April 7, 2011

The City of Newark and Brick City Development Corporation launch the 4th annual GoNewark restaurant week in conjunction with the 35th Annual Essex County Cherry Blossom Festival. The celebration of Newark eateries is being held April 7-17, 2011.

Courtyard By Marriott Groundbreaking Ceremony At The Prudential Center – March 30, 2011

Mayor Cory Booker and Tucker Development Corporation host a groundbreaking ceremony for Courtyard by Marriott at the Prudential Center. The mixed-use hotel and retail project will be a significant catalyst to Newark’s economic growth, bringing new investment, ratables and employment to the City.

Newark Screens Redevelopment And Expansion Announcement - March 20, 2011

Mayor Cory Booker, BCDC, Deputy Mayor Stefan Pryor, Shaquille O’Neal, O’Neal Group President Michael Parris, Boraie Development L.L.C. President Omar Boraie, and City officials announce the redevelopment and expansion of Newark Screens. The 25,000 square foot expansion will add six screens, a 3-D theater and 60 jobs.

Standard Chartered Bank Expansion—February 18, 2011

After relocating to Newark in 2008, Mayor Cory A. Booker and BCDC announce the Standard Chartered Bank expansion of an additional 12,000 sq. ft. of space, bringing 125 more jobs to the City of Newark.

Go Newark Hoopfest” Kick Off—January 25, 2011

Mayor Cory Booker and New Jersey Governor Chris Christie launch Go Newark Hoopfest, a celebration of basketball in Brick City.   Welcoming the East Regional of the 2011 NCAA Division I Men’s Basketball Tournament’s first trip to Newark, NJ, Go Newark Hoopfest will serve to highlight the City of Newark on a national scale.