Camden’s waterfront sat vacant for decades, but George E. Norcross III helped to usher in lucrative tax breaks. The land went to his friends and allies. Now, federal investigators are looking into some of the deals.
George E. Norcross III, facing a panel of friendly New Jersey lawmakers and a room of boisterous demonstrators, said the tax breaks had laid the groundwork for a “rapid and stunning renaissance” in Camden.
Tax breaks were supposed to lead to a rebirth for one state’s poorest city. But the city has also been reshaped by the rich and influential Norcross family in ways that benefit it and its allies.
State Tax Breaks Rewarded Companies Connected to One Powerful Man. The Governor Just Killed Them — for Now.
New Jersey Gov. Phil Murphy vetoed the state’s controversial tax incentive program after a WNYC-ProPublica investigation into its connection to George E. Norcross III, and months of scrutiny.
Holtec International told New Jersey regulators that Ohio was competing for its new headquarters. But officials there stripped the firm of past tax awards for failing to create the jobs it promised.
A hospital connected to New Jersey political boss George E. Norcross III lied to win state tax breaks, a new special task force report says. The report details several other new pieces of evidence of Norcross’ influence over the tax incentive program.
After WNYC and ProPublica identified a false answer on nuclear company Holtec International’s New Jersey tax break application, state officials have frozen the break pending further investigation.
Holtec International gave a false answer in a 2014 New Jersey tax break application connected to political boss George E. Norcross III, a Holtec board member. Five days after WNYC and ProPublica asked about it, lawyers called it “inadvertent” and asked the state to correct it.
State officials scrambled to meet the demands of a lawyer at the firm where Philip Norcross, the brother of New Jersey political boss George E. Norcross III, is managing partner.
A task force appointed by Democratic Gov. Phil Murphy says it will investigate projects connected to the state’s top political boss.
Meet George Norcross. Nearly two thirds of $1.6 billion in tax incentives in his hometown of Camden, New Jersey, went to his own company, business partners, political allies and clients of his brother.