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April 21, 2011

Marty Peeved By Panasonic HQ’s Move To Newark

‘Would Have Been No Better Place’ Than B’klyn

AP via Brooklyn Daily Eagle

Despite Brooklyn Borough President Marty Markowitz’ wishes to lure electronics giant Panasonic here, the firm has opted to stay in the Garden State, moving its North American headquarters — and about 800 jobs — from Secaucus to Newark.

Markowitz, who mentioned his wishes to lure Panasonic here at last year’s ceremony to announce that retail would be moving into the Brooklyn Municipal Building, said, “I am disappointed that Panasonic passed on a chance to bring its big screens to the ‘big stage’ of Brooklyn, U.S.A.
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In a sense, what happened to Panasonic is the reverse of what happened to the Nets basketball team. When the Nets were for sale 2004, Bruce Ratner, who planned to bring the team to Brooklyn, was bidding against Charles Cushner and then-New Jersey senator Jon Corzine, who wanted to keep the team in New Jersey. Ratner won, and they lost.

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NoLandGrab: As the saying goes, their loss was our bigger loss.

Posted by eric at April 21, 2011 10:39 AM