 Speakers at NRBP's 2025 Real Estate Market Forum (l-r) Jonathan Schulz, Onyx Equities, LLC; Ferlanda Fox Nixon, NRBP; Jennifer Mazawey, NRBP; Frank Ferruggia, McCarter & English LLP; Pedro Gomes, Gomes Group LLC Photo credit: NRBP/pocstock Newark, NJ | February 9, 2026 — The Newark Regional Business Partnership (NRBP) is proud to announce the formation of its new Real Estate Council, an initiative designed to bring together a diverse group of NRBP members to create a trusted forum for candid, in-depth dialogue around real estate development in the Greater Newark region. In addition to sharing perspectives and surfacing challenges and opportunities, Council members will play an instrumental role in shaping NRBP’s annual Real Estate Market Forum, one of the organization’s signature events, helping to ensure its relevance, impact, and alignment with market realities.
“Real estate plays a critical role in shaping the future of Newark and our broader region,” said Ferlanda Fox Nixon, President and CEO of the Newark Regional Business Partnership. “By launching the Real Estate Council, we are creating a space for industry leaders to come together, exchange insights, and help guide high impact programming. We’re excited to engage and learn directly from this community as we continue to build programs that support thoughtful growth and neighborhood transformation.” NRBP’s Real Estate Council was initiated by NRBP members Frank Ferruggia, Partner, McCarter & English, LLP and NRBP Board Member; and Carissa Borraggine, Realtor & Business Broker. The Council includes the following NRBP member organizations, among many others:
“The Newark business community and the Newark Regional Business Partnership have always been committed to the growth and development of our city and the greater region,” said Ferruggia. “The Real Estate Council will contribute to that mission by providing a forum for the exchange of ideas, education, and advocacy for those interested in the success of real estate development in Greater Newark.” The Real Estate Council is open to NRBP members whose work intersects with real estate, development, finance, design, construction, and related fields. Through ongoing engagement, the Council will help ensure that NRBP’s real estate programming continues to reflect the priorities and perspectives of those actively shaping the region. The Real Estate Council joins NRBP’s growing slate of industry- and affinity-based councils, including Transportation, Nonprofit, Entrepreneur, and Women’s, designed to deepen member engagement and foster meaningful collaboration across the Greater Newark region and beyond. Together, these councils expand opportunities for NRBP members to build relationships with like-minded, industry-focused peers while contributing to dialogue and programming that supports the continued growth of Newark and the surrounding region. ### About Newark Regional Business Partnership As the premier chamber of commerce serving the Greater Newark region, the Newark Regional Business Partnership (NRBP) creates opportunities for businesses of all sizes, nonprofits, and community leaders to connect, expand their networks, strengthen their organizations, and contribute to a vibrant and competitive Greater Newark economic ecosystem. Through convenings, programs, and strategic partnerships, NRBP works to support business growth and advance Newark’s economic vitality. For more information about NRBP, visit www.newarkrbp.org.
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 The Newark Regional Business Partnership (NRBP) is proud to announce the promotion of Kirsten Giardi to Senior Vice President, Strategic Growth & Member Experience. This elevation follows a period of significant programmatic expansion and the successful delivery of high-impact initiatives that have strengthened connections across the Greater Newark business community.
In her new role, Giardi will serve as the primary architect of the NRBP member value proposition. She will oversee the design of all summits, councils, and signature events, while leading efforts to secure corporate sponsorships and deepen the organization’s relationship with Newark’s vital anchor institutions. "Kirsten has consistently demonstrated an ability to blend strategic vision with member-focused execution," said Ferlanda Fox Nixon, President & CEO of NRBP. "Her leadership in conceptualizing our inaugural Leadership Summit and her impressive efforts to reignite our Transportation Symposium have set a new standard for how we serve our members. This promotion ensures that her talent for strategic growth remains at the heart of our mission." Specifically:
"I am honored to step into this expanded role as the Newark Regional Business Partnership enters a new chapter," said Giardi. "The Leadership Summit’s strong turnout underscored our members’ desire for deeper cross-sector collaboration, and I look forward to building thoughtful, inclusive opportunities that support shared economic growth across the region." As part of the organizational realignment, Giardi will work closely with the executive team to ensure NRBP continues to provide a world-class member experience for all organizations domiciled within the partnership's 30-mile catchment area. ### About Newark Regional Business Partnership As the premier chamber of commerce serving the Greater Newark region, the Newark Regional Business Partnership (NRBP) creates opportunities for businesses of all sizes, nonprofits, and community leaders to connect, expand their networks, strengthen their organizations, and contribute to a vibrant and competitive Greater Newark economic ecosystem. Through convenings, programs, and strategic partnerships, NRBP works to support business growth and advance Newark’s economic vitality. For more information about NRBP, visit www.newarkrbp.org. NRBP Welcomes Oya Tukel, Dean of NJIT’S Martin Tuchman School of Management, to Board of Directors2/2/2026  Newark, NJ — February 2, 2026 -- The Newark Regional Business Partnership (NRBP) is proud to announce the appointment of Oya Tukel, Dean of the Martin Tuchman School of Management (MTSM) at the New Jersey Institute of Technology (NJIT), to its Board of Directors.
A nationally recognized academic and business leader, Tukel brings a deep entrepreneurial mindset to her role at NJIT, leading MTSM with a clear vision centered on innovation, applied learning, and the integration of technology and business. Now in her seventh year as dean, she has guided the school’s transformation into an institution known for data-driven decision-making, fintech education, and preparing students to lead in a technology-driven world. “Oya is a visionary leader who understands how education, technology, and business intersect to drive economic growth,” said Ferlanda Fox Nixon, President & CEO of NRBP. “Her experience building strong partnerships with industry leaders and her commitment to continuous improvement align with NRBP’s mission to advance a thriving and inclusive Greater Newark region. We are thrilled to welcome her to our Board.” Tukel’s appointment to the NRBP Board of Directors further strengthens the organization’s connection to the region’s higher education and innovation ecosystem. Her perspective as an academic leader with deep ties to industry will support NRBP’s work to align employers, institutions, and talent around shared economic priorities for the region. NJIT is a longtime member of NRBP and a committed partner in strengthening the region’s business community. This partnership has included serving as the host sponsor of NRBP’s Engage and Exchange podcast for two consecutive years, and the 2025 Regional Economic Outlook forum, and sponsoring the 2026 Leadership Summit. As NRBP continues to convene leaders across sectors, Tukel’s expertise will help inform strategies that reinforce Newark’s position as a hub for technology-driven growth. Additionally, her commitment to continuous improvement will be a valuable asset as the organization advances initiatives that benefit the entire community. # # # About Newark Regional Business Partnership As the premier chamber of commerce serving the Greater Newark region, the Newark Regional Business Partnership (NRBP) creates opportunities for businesses of all sizes, nonprofits, and community leaders to connect, expand their networks, strengthen their organizations, and contribute to a vibrant and competitive Greater Newark economic ecosystem. Through convenings, programs, and strategic partnerships, NRBP works to support business growth and advance Newark’s economic vitality. For more information, visit www.newarkrbp.org.
Newark, NJ | January 20, 2026 — The Newark Regional Business Partnership (NRBP) welcomed nearly 160 business, nonprofit, and civic leaders from across the Greater Newark region on Friday, January 16, for its inaugural Leadership Summit, a full-day convening focused on leadership, collaboration, and building capacity across sectors that drive the region’s economy. Held at Seton Hall University School of Law, the Summit was designed to engage members of NRBP’s Nonprofit, Women’s, and Entrepreneur Councils and featured tailored program tracks that addressed the distinct challenges and opportunities facing each group. Through moderated panels, high-impact networking, and a timely keynote address, attendees gained actionable insights, expanded their professional networks, and strengthened connections across industries. The summit opened with welcoming remarks from Ferlanda Fox Nixon, President & CEO of NRBP, and Calvin Ledford, Jr., President, PSEG Foundation and NRBP Board Member, recognizing the collective leadership in the room and highlighting the importance of cross-sector collaboration. PSEG, the Summit’s Platinum Sponsor, was acknowledged for its continued investment in community impact across the region. The program featured robust discussions across the three program tracks. The Nonprofit Track explored the evolving relationship between the philanthropic and nonprofit communities, as well as the future of cross-sector partnerships. The first session, “Partners in Purpose: Aligning Philanthropy and Nonprofit Strategy,” was moderated by Ledford and featured leaders from the Victoria Foundation, Prudential Foundation, Panasonic Foundation, and Geraldine R. Dodge Foundation. “Nonprofits are operating in an increasingly complex environment, and alignment with philanthropic partners has never been more critical,” said Ledford. “This conversation reinforced the importance of shared goals, transparency, creativity, and long-term thinking in driving sustainable impact for our communities.” The second nonprofit session, “Synergy in Action: The Future of Strategic Partnerships,” was moderated by Mary Makfinsky, SVP, Director of Business Banking, Popular Bank and Chair of the NRBP Board of Directors, and brought together voices from the nonprofit, financial, and private sectors to examine how partnerships can drive stronger outcomes. “What stood out most was the openness and honesty of the dialogue,” said Makfinsky. “True partnership requires trust, flexibility, and a willingness to listen. That kind of transparency is essential to initiating and sustaining impactful relationships." The Women’s Track focused on leadership development and professional growth, with sessions highlighting the impact and experiences of women in STEM fields and strategies for taking calculated risks. Moderated by leaders from NJIT and NRBP, panels featured executives from Berkeley College, RWJBarnabas Health, Newark Arts, Arup, Busy Bees Learning Center, and HAX/SOSV. In the Entrepreneur Track, participants explored holistic business practices, time management, preemptive planning, and the use of AI and emerging tools, as well as practical approaches to marketing and relationship-building. Moderated by industry experts from BINJE and Jarkara Strategies, sessions included insights from the New Jersey Small Business Development Center at Rutgers University, ExecutiveBound, Jasfel Analytics, ZAGO Manufacturing, New Jersey Urban News, The Da Silva Team, MIG Real Estate, and Impact Consulting Enterprises. The Leadership Summit featured a rousing keynote address from Ronald Weich, Dean, Seton Hall Law, titled “The Rule of Law and the Power of Leadership: Upholding Principles in Times of Change.” Drawing on the legacy of Congressman Peter Rodino, Weich reflected on Rodino’s principled approach to leadership and his commitment to the rule of law as a compass for decision-making. The keynote underscored how adherence to core values can guide leaders through moments of complexity and uncertainty. “The success of our inaugural Leadership Summit affirms the value of creating space for learning and community building,” added Nixon. “This is just the beginning. We look forward to continuing to host programs that strengthen leadership, foster collaboration, and support our region’s continued growth.” The 2026 Leadership Summit was sponsored by: PSEG (platinum sponsor); Seton Hall University/ Seton Hall University School of Law (host sponsor); Martin Tuchman School of Management at NJIT (silver sponsor); and Brilliant Smiles Pediatric Dentistry (bronze sponsor). The Leadership Summit will be an annual event, returning in 2027. NRBP will build on the momentum of the Leadership Summit with more professional development and leadership-focused programming throughout this year. # # # About Newark Regional Business Partnership The Newark Regional Business Partnership (NRBP) creates opportunities for businesses of all sizes, nonprofits, and community leaders to connect, expand their networks, strengthen their organizations, and contribute to a vibrant and competitive Greater Newark economic ecosystem. Through convenings, programs, and strategic partnerships, NRBP works to support business growth and advance Newark’s economic vitality. For more information, visit www.newarkrbp.org.
Newark, NJ — December 16, 2025 — The Newark Regional Business Partnership (NRBP), in collaboration with the Renaissance Newark Foundation (RNF), its 501(c)(3) affiliate, hosted the Annual Meeting & Holiday Reception on Tuesday, December 9, 2025, at Ironside Newark. One of the organization’s most anticipated gatherings, the evening brought together NRBP members, regional business leaders, and community partners to reflect on the year’s accomplishments and look ahead to the organization’s future. The program featured the appointment of new NRBP Board officers and members, along with the presentation of NRBP’s inaugural Milestone Champion recognition—honoring organizations that have been devoted NRBP members since the 1950s, 1960s, or 1970s. These legacy members represent decades of sustained investment in Newark’s growth and a shared commitment to advancing NRBP’s mission. Ferlanda Fox Nixon, NRBP’s President & CEO, shared that “this celebration not only acknowledged the exceptional leadership of our newly appointed Board officers and members but also the enduring dedication of our Milestone Champions. Their commitment, spanning decades, is the foundation of NRBP’s mission and a powerful reminder of the strength and resilience of our business community.” Milestone Champion Honorees NRBP proudly recognized the following organizations for their longstanding membership and impact:
Board Leadership Appointments During the Annual Meeting, NRBP announced its incoming Board leadership:
NRBP also welcomed four new members to its Board of Directors:
Newly appointment Board Chair Mary Makfinsky shared that “it is an honor to step into this role at a moment when NRBP is both celebrating decades of commitment and charting an ambitious path forward. I look forward to working with our Board, members, and partners to build on this strong foundation and advance opportunities that benefit the Greater Newark region.” The reception featured lively networking and NRBP’s signature Holiday Market, which featured Newark-based vendors and artisans. Proceeds from the event benefited the Renaissance Newark Foundation and will support its mission to advance inclusive economic development and create pathways to opportunity for Newark’s diverse communities. The 2025 Annual Meeting & Holiday Reception was made possible through the generous support of its sponsors: Prudential Financial (Platinum Sponsor); Edison Properties LLC (Bronze Sponsor); Popular Bank (Holiday Market Sponsor); and United Airlines (Holiday Market Sponsor). As NRBP looks ahead to 2026, the evening served as both a celebration of legacy and a reaffirmation of the Partnership’s role as a catalyst for a flourishing and inclusive region. # # # About Newark Regional Business Partnership Newark Regional Business Partnership (NRBP) is the premier chamber of commerce serving the Greater Newark region. NRBP’s mission is to strengthen the business community through connections, resources, and advocacy. The organization connects its members to partners and resources that can help strengthen their business and increase the economic competitiveness of Newark and the region. For more information, visit www.newarkrbp.org. About Renaissance Newark Foundation Committed to Newark's bright future, the Renaissance Newark Foundation (RNF) harnesses the power of education, research, and civic participation to fuel economic development, attract businesses, and create pathways to success for Newark's diverse communities. RNF initiatives include the Small & Emerging Business Initiative (SEBI) and Navigating Newark. For more information, visit www.newarkrbp.org/rnf.  Today is Giving Tuesday, the single biggest day of global generosity. If you’ve been waiting to make your gift, the time is now—because we have a brand new, high-impact program that needs your support to launch successfully.
Introducing the National Civics Bee The Renaissance Newark Foundation (RNF), the 501(c)(3) affiliate of the Newark Regional Business Partnership, is thrilled to announce its inaugural role as a Regional Partner in the prestigious U.S. Chamber of Commerce Foundation's National Civics Bee! This nonpartisan competition encourages 6th, 7th, and 8th graders to deepen their understanding of American democracy and actively contribute to their communities. Students begin by submitting an essay proposing a solution to a problem facing their municipalities. The top finalists then compete in a live quiz event. Why The National Civics Bee Matters: The National Civics Bee is a powerful vehicle for RNF’s core mission: it inspires young minds to become informed, active citizens. By hosting the Regional Competition, RNF is directly cultivating the next generation of civic and business leaders right here in New Jersey. Your Gift Directly Funds This Critical Launch As a Regional Partner, RNF is responsible for funding the local elements that make this event empowering and memorable for our students. The success of the competition relies on your immediate support. Your Giving Tuesday donation today will directly support three critical needs for the Regional Competition:
The Final Push: Support RNF Today Last week, we highlighted our success with Navigating Newark. Today, on Giving Tuesday, we ask you to invest in the newest initiative that will shape our region's future by empowering its youth. Informed and active citizens create a stronger country, a stronger economy, and a stronger workforce. By supporting RNF today, you are giving middle schoolers the platform, the tools, and the recognition they need to become tomorrow's leaders. Please make your tax-deductible gift now and help us launch the inaugural National Civics Bee in New Jersey! ➡️ DONATE NOW Thank you for being a vital partner in advancing our mission.  Newark, NJ — [December 1, 2025] — The Renaissance Newark Foundation (RNF), the 501(c)(3) affiliate of the Newark Regional Business Partnership (NRBP), the premier chamber of commerce serving the Greater Newark region, today announced its inaugural involvement as a Regional Partner in the U.S. Chamber of Commerce Foundation’s 2026 National Civics Bee®. RNF is the first institution in New Jersey to be selected to serve in this capacity, marking a significant step toward bolstering civic engagement among the state's middle school students.
The National Civics Bee® is an impactful national initiative aimed at boosting the civic knowledge, skills, and disposition of middle school students across the United States. It works through a network of state and local chambers and nonprofit organizations, helping to elevate civics as a national priority. Rutgers Democracy Lab at the Eagleton Institute of Politics will serve as this year's State Partner. RNF, as the Regional Partner, will host a Regional Competition, while the State Partner will host the subsequent State Finals, creating an exciting pathway for student recognition. Ferlanda Fox Nixon, who heads RNF and is the President and CEO of NRBP, expressed RNF's motivation for participating: “The Renaissance Newark Foundation is participating in the National Civics Bee® because we believe that informed and active citizens strengthen our country, economy, and workforce, and that our continued prosperity depends on the vitality of all three. Through this initiative, we are promoting greater civic knowledge in New Jersey and celebrating our civic pride.” RNF encourages eligible students to participate in this enriching competition. •Who Can Enter: Any 6th, 7th, or 8th grade student residing in New Jersey with an idea about using civics to improve their community may apply. •Deadline: All applications must be submitted by Tuesday, February 3, 2026, at 11:59 p.m. Hawaii Time. •How to Apply: For more details about the application process, students should visit the official U.S. Chamber of Commerce Foundation website: https://civics.uschamberfoundation.org/ncb-how-it-works/ or visit www.nationalcivicsbee.org for the latest news, entry deadlines, and resources. Students selected for the Regional Competition will compete for significant cash prizes: Placement Minimum Cash Prize 1st Place $500 2nd Place $250 3rd Place $125 The date, time, and venue of the Regional Competitions are yet to be determined but will occur between March 20, 2026, and May 23, 2026. About the Renaissance Newark Foundation The Renaissance Newark Foundation (RNF) is the 501(c)(3) affiliate of the Newark Regional Business Partnership, the premier chamber of commerce serving the Greater Newark region. RNF is dedicated to supporting initiatives that promote economic growth, community development, and civic vitality in the region. www.newarkrbp.org/rnf About the National Civics Bee® The National Civics Bee® is made possible through the generous support of its founding partner, the Daniels Fund, as well as the Beth and Ravenel Curry Foundation, Carnegie Corporation of New York, Citizen Travelers, Fisher Global Foundation, Ibis Group, The Anschutz Foundation, Wilson Garling Foundation, and other funders. civics.uschamberfoundation.org/national-civics-bee/  Giving Tuesday is just around the corner--Tuesday, December 2nd—but there is no need to wait to invest in Newark’s future. Now is a great time to support the Renaissance Newark Foundation (RNF), the 501(c)(3) affiliate of the Newark Regional Business Partnership (NRBP), and help advance programs that strengthen our city and its communities.
RNF is committed to leveraging education, research, and civic engagement to drive economic development, attract businesses, and create pathways to success for Newark’s diverse populations. Earlier this year, RNF launched Navigating Newark, an initiative designed to connect newcomers and professionals directly with the city’s businesses, institutions, and neighborhoods. Through workshops, networking events, and guided tours, participants gain a deeper understanding of why Newark is an outstanding place to live, work, and prosper. As someone who was once ‘new to Newark,’ I know how important it is to have guidance and insight into the city’s neighborhoods, businesses, and opportunities—something Navigating Newark provides for every newcomer and professional looking to connect and thrive. One program participant, Michelle Merchant, shared: "What an exceptional experience! Although I had worked in Downtown Newark for 22 years, it wasn’t until I became a resident of this vibrant city a year ago that I was committed to really knowing my city. The walking tours sponsored by RNF seemed tailor-made for me... Learning the history of the Walker House, marveling at its unique architecture, and seeing its hidden gems transported me to an architectural history class. I am grateful for RNF’s leadership team and their dedication to sharing Newark’s rich history while highlighting its revitalization. I encourage others to join in (and get your steps in)!" Your support enables RNF to expand high-impact initiatives like Navigating Newark, connecting more residents and professionals to the opportunities and resources that make Newark thrive. I invite you to make your gift today. Together, we can continue building a Newark that is prosperous, connected, and inclusive—where everyone has the opportunity to succeed.  (l-r: Christian Dreyer, FIFA 2026 NY/NJ Host Committee; Michael Brown. PANYNJ; Fran O’Connor, NJDOT; Kris Kollri, NJTransit; Elliot Hamlisch, Amtrak; John Gooda, United Airlines) Newark, NJ — [November 26, 2025] — As the region looks ahead to the 2026 FIFA World Cup, New Jersey transportation, public safety, and infrastructure agencies gathered at the Transportation Symposium, a production of the Newark Regional Business Partnership’s (NRBP) Transportation Council. Held at Rutgers University-Newark, this program highlighted lessons learned from prior large-scale events and shared ongoing preparations for one of the world’s most anticipated sporting events. Returning this year after a yearslong hiatus, the symposium provided a timely platform for public and private sector leaders—representing a range of organizations and firms in the transportation industry—to exchange insights, discuss preparedness plans, and highlight the range of interagency collaboration.
Moderated by Christian Dreyer, Chief Operations Officer, FIFA World Cup 26™, New York New Jersey Host Committee. The panel included: Jon Gooda, Vice President – Newark Hub, United Airlines Eliot Hamlisch, EVP & Chief Commercial Officer, Amtrak Michael Brown, Deputy Superintendent of Police, Port Authority of NY & NJ (PANYNJ) Kris Kolluri, Esq., President & CEO, NJ Transit Fran O’Connor, Commissioner, NJ Department of Transportation The discussion emphasized the region’s commitment to high-quality transportation for residents, fans, and international visitors, while showcasing New Jersey’s ability to host world-class events on a massive scale. “[This] conversation underscored exactly what makes this region ready to host one of the most significant global events of our time: collaboration, preparation, and an unwavering commitment to delivering a world-class experience next summer,” said Christian Dreyer. “Our region's transportation and public-safety partners are doing the critical, behind-the-scenes work that will ensure fans can move safely and efficiently across the region. The Host Committee is proud to support and amplify that work as we prepare to welcome the world.” The event explored lessons learned from prior major sporting events, including the Super Bowl, the Olympics, and other large-scale gatherings, and how these insights are informing plans for the 2026 event. “The New Jersey Department of Transportation plays a critical role in providing safe highway access to the FIFA World Cup matches at MetLife Stadium and the Fan Festival at Liberty State Park,” O’Connor said. “We have upgraded Intelligent Transportation Systems, including the first-in-nation use of LiDAR to create a 3D digital map of the roads around MetLife Stadium to help assess traffic issues in real time. NJDOT has also improved signage, upgraded interchanges to reduce congestion, and we’re working with NJ TRANSIT on dedicated bus lanes to help ensure visitors get where they need to go safely and efficiently.” Kolluri added, “NJ TRANSIT is proud to be part of a coordinated effort to prepare the region's transportation systems for the scale and complexity of the FIFA 2026 World Cup, including seven matches—and the Final—right here in New Jersey. This symposium was an important opportunity to share how we’re applying lessons learned to deliver not just mobility, but a great customer experience from the moment fans arrive.” Amtrak’s Hamlisch shared that it is “prepared to play a critical role in delivering safe, reliable, and seamless travel for World Cup fans, especially across the Northeast Corridor. With ridership continuing to break records, [Amtrak] remain focused on running a world-class railroad, serving as a trusted partner to peer agencies, and ensuring [its] infrastructure is ready to accommodate millions of new and returning guests. From contingency planning for emergencies to insights drawn from prior large-scale events, this year’s Transportation Symposium highlighted both the complexity of hosting an event of this scale and the critical importance of collaboration among public agencies, private partners, and community stakeholders. Gooda remarked: “It was an honor to join New Jersey’s transportation leaders for a productive discussion on how our region is preparing for the World Cup. At United, we’re ready to welcome travelers from around the globe and look forward to collaborating with other agencies to ensure a safe and memorable experience for all.” FIFA 2026 is projected to deliver substantial economic benefits, with increased tourism, hotel occupancy, and restaurant and retail activity. Panelists emphasized that these investments in staffing, infrastructure, and operational planning will leave lasting improvements for the region’s transportation network and event management capabilities. “We are incredibly proud to have successfully re-launched the Transportation Symposium this year,” said Ferlanda Fox Nixon, NRBP’s President and CEO. “The remarkable engagement among state agencies, transportation industry leaders, and private sector partners is a powerful endorsement of this symposium’s value. It highlights the absolute importance of sustained knowledge-sharing, which is foundational to strengthening our region’s transportation systems. This successful reboot is a promise kept, and NRBP looks forward to the symposium’s continued evolution as a permanent and indispensable annual forum for advancing New Jersey’s transportation and infrastructure future.” Brown emphasized that “this region’s security, mobility, and economic strength depend on how well we work together across borders and across agencies. At the Port Authority, we’re proud to help anchor that collaboration, building the relationships, coordination, and shared planning needed to deliver a seamless experience during major events like the 2026 FIFA World Cup. NRBP’s Transportation Symposium bringing these partners together is invaluable, creating connections that will strengthen the region long after the tournament concludes.” The 2025 Transportation Symposium was sponsored by TD Bank (Real Estate, Economics & Development Series Sponsor), Rutgers University-Newark (Host Sponsor), HNTB Corporation, Port Authority of NY & NJ, Tonio Burgos and Associates, and United Airlines (Event Sponsors). About the Newark Regional Business Partnership (NRBP) The Newark Regional Business Partnership is the premier chamber of commerce serving the Greater Newark region. NRBP’s mission is to strengthen the business community through connections, resources, and advocacy. The organization represents hundreds of corporations, small businesses, nonprofit organizations, and educational institutions dedicated to fostering economic vitality and competitiveness in Newark and the surrounding metropolitan area. www.newarkrbp.org  (l-r) Roseanne Elcenko, NJ Dept. of Labor and Ferlanda Fox Nixon, NRBP Newark, NJ — November 5, 2025 — The Newark Regional Business Partnership (NRBP) convened business, government, and community leaders for its annual Regional Economic Outlook program on October 30, 2025. Held at NJIT, this program explored what’s trending and what’s on the horizon for business in 2026. In addition to providing an update on NJ’s economy overall, this year’s program spotlighted how arts, entertainment, sports, and hospitality are driving growth across New Jersey — with the Greater Newark region emerging as a premier destination for both visitors and investors. This year’s Regional Economic Outlook was sponsored by TD Bank, the Martin Tuchman School of Management at NJIT, Horizon Blue Cross Blue Shield of NJ, and Invest Newark. Economic Update: New Jersey’s Steady Growth The program opened with an economic report from Roseanne Elcenko, Assistant Director of Economic and Demographic Research at the New Jersey Department of Labor and Workforce Development, who provided a data-driven look at statewide and regional trends— noting that while spending patterns and job growth have shifted, the state’s economy remains on firm ground. Elcenko explained that higher-income households are driving nearly half of all consumer spending, while lower-income consumers are becoming more cautious — a trend described as a “K-shaped” economy, in which outcomes diverge sharply by income level. “Consumers are changing how they consume goods and services,” she said, emphasizing that these shifts are reshaping business behavior and demand across sectors. As of August 2025, New Jersey’s economy has added approximately 164,000 jobs (+3.9%) since February 2020, while the Newark Metro Division gained 38,800 jobs (+2.4%) during the same period. Over the past year, the state has averaged monthly employment gains of roughly 3,000 jobs. Elcenko also noted that the availability of new data has been impacted by the recent federal government shutdown, making near-term analysis more complex. Available indicators show that New Jersey’s unemployment rate is 5%, compared to 4% nationally, and the quit rate is 1.5%, suggesting that workers are not broadly confident they can easily find comparable or better jobs. Even so, Elcenko underscored that New Jersey’s economic foundation remains “stable and firm.” Inflation has eased to 3%, job creation continues at a sustainable pace, and employers are adapting to a more measured but balanced environment. Her assessment set an encouraging tone for the remainder of the program, which highlighted how sectors like arts, culture, sports, and hospitality are building on that stability to drive continued growth and opportunity across the Greater Newark region.
Creative Industries Powering Economic Development
The program continued with a panel discussion, moderated by Suzanne Ishee, Director of the NJIT Hub for Creative Placemaking, featuring leaders shaping Newark’s continued cultural and economic renaissance: Marcus Randolph, CEO of Invest Newark; Ashley Mays, President of Newark Happening; Antonio Valla, Co-Founder of Have You Met Newark Tours; and Vince Baglivo, Executive Director of the Ironbound Business Improvement District. Panelists emphasized how collaboration, creativity, and community engagement are fueling Newark’s growth. Mays highlighted the city’s “unprecedented alignment and collaboration,” pointing to the recently launched Festivals United initiative as a model for strengthening the local cultural landscape. “We’re standing on the shoulders of those who came before us,” she said, “and now there’s real momentum.” Randolph underscored the city’s shifting demographics and growing demand for authentic local experiences. “People want to engage with the city in meaningful ways, and there’s a sense that everyone is moving in the same direction — focused, concentrated efforts to ensure residents can participate in Newark’s growth,” he said. Panelists also highlighted the rise of experiential tourism as a driver of economic activity. Baglivo explained that visitors come to Newark for more than events themselves: “People don’t necessarily go into the stadium to see the World Cup game — they come for the experience. My wife isn’t a big sports fan, but she enjoys the atmosphere and pre-game energy. Visitors are looking for unique experiences — the best coffee, croissant, you fill in the blank. We have things in Newark that NYC doesn't have or doesn't offer.” Valla added that the city’s cultural infrastructure is expanding rapidly: “In the Arts and Education District, The Vault is open, Consigliere is open — these are new places that weren’t here last year, adding to the city’s vibrancy and appeal.” Mays highlighted how creative partnerships are translating into tangible economic impact. A recent post-concert activation in collaboration with local eatery Just Delicious increased sales by more than 35%, demonstrating the potential for small businesses to engage with the city’s cultural ecosystem. Looking ahead, panelists agreed that the 2026 FIFA World Cup presents an unprecedented opportunity. Randolph emphasized the urgency of preparation: “It’s almost too late. There are endless opportunities for local service providers and entrepreneurs to connect and engage — from food and beverage to entertainment and hospitality.” Together, the panel painted a picture of a city leveraging creativity, culture, and collaboration to drive economic growth, attract new audiences, and strengthen its inclusive, thriving community. Film and Television: A Growing Economic Engine The program concluded with a presentation on New Jersey’s film and television industry from David Schoner, Assistant Director of the New Jersey Motion Picture and Television Commission, highlighting the sector’s growing impact on the state and Newark in particular. Film production in New Jersey generated $833 million in qualified spending in 2024, an all-time high, creating more than 30,000 jobs statewide and positioning the state as one of the fastest-growing production hubs in the country. Schoner emphasized that Newark has emerged as a central hub for film production, workforce development, and small business engagement. The city recently received a $750,000 grant for workforce training through the NJ Film Works initiative, creating pathways to union membership and supporting middle-class career development. “Newark is film-ready,” Schoner said. “We have the crews, the vendors, and the infrastructure to keep this industry growing.” Local businesses are benefiting directly from production activity. Catering companies, logistics providers, security services, and other vendors are seeing new economic opportunities, while small businesses are finding creative ways to engage with productions. Schoner shared an example of a local shop supplying $19,000 worth of balloons for a recent production, demonstrating how even unexpected goods and services are fueling local commerce. Newark’s designation as a certified Film Ready community ensures that productions know what to expect and that local businesses and workforce are prepared to meet industry demands. Combined with the city’s cultural assets and growing infrastructure, this positioning is attracting filmmakers from across the U.S. and around the world, generating jobs, tourism, and media attention that amplify Newark’s creative economy. Adding to this momentum, the NJEDA recently designated Paramount Global as a Studio Partner, following the company’s announcement that it would lease more than 285,000 square feet of production space at 1888 Studios in Bayonne. This designation, which makes Paramount eligible for a 40 percent base tax credit on qualified production expenses, reflects New Jersey’s ability to attract leading global media companies and underscores the state’s growing prominence as a national center for film and television production. A Flourishing Future The Regional Economic Outlook highlighted that New Jersey’s economy remains stable and resilient, supported by steady job growth, moderate inflation, and evolving consumer demand. Within this broader context, Newark continues to strengthen its position as a creative hub, where festivals, placemaking, and creative industries are fueling economic development and community revitalization. About the Newark Regional Business Partnership (NRBP) The Newark Regional Business Partnership is the premier chamber of commerce serving the Greater Newark region. NRBP’s mission is to strengthen the business community through connections, resources, and advocacy. The organization represents hundreds of corporations, small businesses, nonprofit organizations, and educational institutions dedicated to fostering economic vitality and competitiveness in Newark and the surrounding metropolitan area. www.newarkrbp.org |
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60 Park Place, Suite 1016 | Newark, NJ 07102 Phone: (973) 522-0099 | [email protected] | sitemap |
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