NEWARK, NJ—C&K Properties, the owner of 2 Gateway Center here, reports it has created an iPad app designed to help real estate professionals and businesses owners calculate the level business incentives they could secure under the state's recently enacted Economic Opportunity Act of 2013.

Titled “2 Gateway” in the Apple Store, the app is the first of its kind related to the landmark incentives legislation, C&K reports and enables users to obtain a customized estimate of the cost savings under the act's new Grow NJ program for prospective tenants interested in relocating to the 18-story, 780,000-square-foot 2 Gateway office property.

Prudential Financial will be vacating out of more than 1 million square feet of space at the multi-building Gateway Center office complex when it relocates next year to its new $444-million, 20-story office tower on Broad Street in Newark.

“The logistics of such a sweeping piece of legislation are understandably daunting to even the most seasoned of real estate professionals,” says Ben Korman, partner at C & K Properties. “We are eager to streamline and simplify the process to ensure that prospective businesses can realize their full benefits from this law, which are often lucrative enough to completely cover the cost of rent.”

The 2 Gateway Incentives Calculator is available for free download from the iTunes store for the iPad, and will soon be available for iPhone and Android platforms. The app automatically computes incentives allowable under the act for 2 Gateway. In total, these incentives can reach $85,000 to $150,000 per employee.