As some sectors of the economy bounce back from a recession, Hudson County’s proximity to Manhattan and its excellent transportation options have put it in a better position to excel than most parts of the country. And as we report within the pages of the 2010 Progress Report, those who have struggled in the economy have found new ways to succeed.
In Bayonne, a large development has changed one of its retail components to commercial, which they say will better suit that part of town. Some condo developments in the county have gone rental to take advantage of a changing market.
Hospital staffs are taking slight pay cuts and renegotiating their contracts with insurance companies, forcing the big insurers to be fairer to their customers and fairer in reimbursing the health care providers.
In towns from North Bergen to Jersey City, local professionals are turning into entrepreneurs, finding ways to make money and realize their dreams. One man is opening up the only microbrewery in North Bergen, while former members of the finance industry have started new businesses like dog walking.
And still, residential developments are rising and being proposed from West New York to Hoboken. With magnificent New York skyline views, easy access to restaurants and services, cultural diversity, and transportation options from light rail to ferries, it’s no wonder that Hudson County teems with more than 620,000 residents. The light rail is still expanding, as you’ll see in an article inside.
Want to know what the new trends are in residential development, commercial development, business, local hospitals, and transportation? Read the articles within these pages, and get a sense of the new meaning of progress!