NEW YORK CITY-Panasonic Corp. of North America is in discussion with New York City officials regarding moving its US headquarters situated in Secaucus, New Jersey, to Brooklyn. The New Jersey Economic Development Authority has approved nearly $102.4 million in tax credits for the electronics maker to relocate to Newark.
Panasonic is eyeing the MetroTech Center development and the new Atlantic Yards development in Brooklyn. The company would lease 250,000 square feet at 2 Riverfront Center in Newark for 15 years. For the full story, go to Wall Street Journal.
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