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NJ FAST Graduates Third Cohort of Fintech and AI Startups in Hoboken

Hoboken, New Jersey, marked another milestone for innovation as the third cohort of NJ FAST—the New Jersey Fintech Accelerator at Stevens Institute of Technology—celebrated graduation on December 3, 2025. The event, held at Stevens’ campus, showcased thirteen startups delivering cutting-edge solutions in fintech, insurtech, and artificial intelligence, collectively raising $80 million during the program. Six of the graduating companies are based in New Jersey, demonstrating the state’s growing role as a hub for enterprise-ready technological innovation.

NJ FAST, a collaboration between the New Jersey Economic Development Authority (NJEDA), Plug and Play, and Stevens Institute of Technology, is designed to foster startup growth and accelerate commercialization of enterprise solutions. Prudential Financial serves as a founding corporate partner, providing mentorship, resources, and guidance to emerging companies, while Stevens offers academic and research support through its Strategic Innovation Center. The accelerator program aims to equip founders with the tools, networks, and strategic insight needed to scale their innovations efficiently.

The 2025 Batch 3 Expo offered attendees a chance to interact with the graduating teams and explore their enterprise-ready solutions. The cohort featured a diverse array of startups addressing challenges in finance, insurance, cybersecurity, and AI workflows. Notable companies included:

  • Lazarus AI, developing advanced foundation models to integrate and analyze complex datasets.
  • Spendly, a platform that helps businesses reduce operating costs without changing vendors, tripling its revenue during the 12-week program.
  • Counter, a community-powered fintech platform providing early disability and wellness benefit payouts, led by Forbes 30 Under 30 founders.
  • TodayPay, offering instant refund and insurance payout solutions.
  • Thread AI, enabling companies to build and manage AI-powered workflows and agents.
  • Picept AI, protecting businesses from costly AI-related vulnerabilities, and the first NJ FAST company founded by a Stevens PhD.
  • Solvrays, streamlining insurance operations with AI workflows that reduce manual processes by up to 70%.
  • FutureMoney, a fintech tool for goal-based investing for families and individuals.
  • Manifest, simplifying and accelerating retirement account transfers.
  • Structify, converting unstructured data into actionable datasets.
  • Centraleyes, a cloud-based cybersecurity risk management platform automating collection, analysis, and remediation.
  • Lyzr AI, a platform for reliable AI agent infrastructure backed by Plug and Play Series A funding.
  • TruAgents, automating and personalizing customer communications across email, SMS, and calls.

Justin Murray from Plug and Play NJ highlighted the cohort’s exceptional performance: “The caliber of founders in NJ FAST’s third cohort was outstanding, particularly in fundraising and business development traction. These are high-quality, enterprise-ready solutions with deep expertise in fintech, insurtech, and AI.”

NJEDA Chief Executive Officer Tim Sullivan emphasized the state’s strategic investments in fostering innovation: “NJ FAST continues to solidify New Jersey’s position as a national leader in fintech and insurtech. By supporting cutting-edge startups, we are driving technological growth, creating jobs, and expanding the state’s innovation economy.”

With applications for NJ FAST Batch 4 closing at the end of 2025, the program continues to attract startups ready to scale their solutions. Beyond fintech and AI, Plug and Play is partnering with NJEDA and Rowan University to launch New Jersey’s 12th Strategic Innovation Center in Camden and Mullica Hill, focusing on medical technology innovations.

For those interested in tracking emerging trends, entrepreneurial success stories, and innovation-driven lifestyle opportunities across the state, our New Jersey Tech coverage provides in-depth reporting on startups, community initiatives, and programs shaping the Garden State’s future.

Celebrate the Season at Holiday on the Square in Elizabeth

Elizabeth, New Jersey, comes alive each winter with the annual Holiday on the Square, a festive series of community events hosted at Union Square Plaza, conveniently located between Elizabeth Avenue and High Street. The 2025 season promises three Saturdays of family-friendly holiday fun, featuring a mix of interactive activities, seasonal treats, and memorable experiences for visitors of all ages. Hosted by the Elizabeth Avenue Partnership (EAP), the event is entirely free and designed to bring together local families, friends, and neighbors for a true holiday celebration.

The schedule for 2025 offers something special each week. On Saturday, December 13, families can enjoy pony rides for children, providing a charming and memorable activity for young visitors. The season concludes on Saturday, December 20, with a petting zoo, ensuring one last opportunity for hands-on interaction with animals and festive entertainment before the holidays arrive. Earlier in the series, December 6 featured a Breakfast with Santa, giving families a chance to meet the jolly visitor over a holiday meal.

Beyond the featured attractions, Holiday on the Square offers a variety of ongoing activities that make the plaza a festive hub throughout each event. Santa Claus will be available for photos and visits, creating lasting memories for children and adults alike. Seasonal refreshments, including free hot chocolate and treats provided by local vendors, help visitors stay warm while enjoying the plaza’s holiday atmosphere. Families can also participate in ornament decorating, enjoy live music, and explore a selection of holiday-themed vendors offering gifts, crafts, and local merchandise.

Elizabeth is home to additional seasonal activities that complement the Union Square events. On December 16, the Elizabeth Police Department will host a meet-and-greet titled Hot Chocolate with Santa at Police Headquarters, followed by the EPD Escorts Santa event on December 18, where officers guide Santa through city neighborhoods for a festive parade. For those interested in a more traditional holiday experience, Liberty Hall Museum is offering Holiday Afternoon Tea on December 17 and January 6, providing an elegant setting to celebrate the season.

The Holiday on the Square series is accessible for visitors of all ages and is designed to create a sense of community and joy throughout Elizabeth. Its combination of interactive activities, seasonal refreshments, and opportunities to connect with Santa makes it one of the city’s premier holiday gatherings. Families can plan to arrive any time between 12:00 PM and 3:00 PM on the scheduled Saturdays to enjoy all that Union Square Plaza has to offer.

For those looking to explore more seasonal events and recreational activities across the state, our New Jersey activities coverage offers comprehensive listings of family-friendly events, festivals, and outdoor adventures. Holiday on the Square is a prime example of the vibrant local celebrations that make New Jersey communities come alive each winter.

Urby Phase Two Breaks Ground, Signaling a New Era for Jersey City’s Waterfront

After years of anticipation, Jersey City’s waterfront is poised for its next major transformation as Phase Two of the Urby development moves forward. Located at 200 Greene Street, the site’s surface parking lot has officially closed to the public, marking the first tangible step toward realizing a project that has been in planning for over three years. The ambitious two-tower complex represents a joint effort between Ironstate Development and Roseland Residential Trust and promises to reshape a block just a stone’s throw from the waterfront.

The approval for this next phase came in 2024, although the development has already seen some changes. The original Urby tower, completed in 2017 across the street, was recently rebranded as Sable following its sale to Veris Residential. Despite this shift, the second phase remains firmly on track, featuring two new 69-story towers that will soar to 677 feet. Design adjustments made in 2022 slightly scaled back the “Jenga-like” features of the first Urby tower, with the northernmost tower taking on a more streamlined appearance while the southern tower retains some of the original tiered aesthetic, albeit in a less pronounced form.

Toronto-based design firm Concrete is behind the creative vision, with HLW International serving as architect of record. The development is set to include 1,510 residential units, down slightly from earlier projections, with the flexibility to convert up to 164 units for hotel use. While no affordable housing is incorporated in the plans, the project compensates with a significant retail and amenity package. The ground floor will feature 32,000 square feet of retail space divided among four storefronts, alongside improved green spaces and pedestrian pathways connecting the development to the adjacent Harborside 5 complex.

Parking and recreation are also central to Urby Phase Two’s design. A 272-space parking garage with valet service will form the base of the towers, topped with a rooftop that connects the buildings. Plans include an outdoor pool and landscaped garden hill, while a second-floor fitness center will provide residents with an indoor pool and additional wellness facilities. Construction is planned in phases, beginning with the base, followed by one tower and then the second, ensuring a structured progression while minimizing disruption to the surrounding area.

This redevelopment comes at a time of significant growth along Jersey City’s waterfront. Harborside 8 is already under construction just across the street, and the Port Authority is preparing to replace the aging Powerhouse substation. Nearby projects, including the 800-unit Harborside 4 and Jersey City’s first supertall building, signal that this corridor is becoming the next epicenter for large-scale urban development. With Urby Phase Two moving forward, the neighborhood is set to benefit from increased density, modern amenities, and upgraded public spaces, creating a new standard for waterfront living.

The movement of Urby Phase Two is emblematic of broader trends in New Jersey real estate, where waterfront parcels are being transformed to meet the growing demand for high-rise urban living. For those tracking development along the Hudson, this project is a signal of Jersey City’s ongoing evolution as a hub of residential, commercial, and lifestyle-oriented construction. Details on the groundbreaking remain pending, but the closure of the parking lot signals that construction activity will begin imminently, ushering in a bold new chapter for the city’s skyline. For more coverage on Jersey City development and other major projects across the state, readers can explore our full New Jersey real estate reporting.

Rising Home Prices and the Challenge of Housing Affordability in New Jersey. Meanwhile, the shift in housing dynamics continues to underscore the importance of these developments. Over the past six decades, the cost of homeownership has steadily outpaced income growth, with median family earnings now covering a smaller portion of home prices than in the mid-20th century. While new high-rise projects like Urby Phase Two expand housing availability and modernize the cityscape, the broader affordability challenge remains, highlighting the ongoing tension between urban development and economic accessibility in New Jersey.

Over the past sixty years, New Jersey’s housing market has undergone significant changes, with the cost of homeownership rising far faster than family incomes. In the mid-20th century, families could purchase a home with a much larger portion of their income relative to today. Now, median earnings cover a smaller percentage of home prices, creating a widening affordability gap that continues to shape the state’s real estate landscape.

This long-term shift highlights the pressure facing New Jersey residents as urban development accelerates. While new housing projects contribute to modernizing cityscapes and expanding the availability of residences, they often come at premium prices that are out of reach for many middle- and working-class families. The contrast between rising property values and stagnant relative affordability underscores the complex balance between economic growth and equitable access to housing.

The dynamics of this market are influenced by several factors, including population growth, limited land availability, and increasing demand for urban living. Developers are building taller, denser residential structures to meet demand, yet these developments frequently prioritize luxury amenities, leaving affordability as a secondary consideration. This trend emphasizes the ongoing challenge of creating inclusive housing solutions that accommodate a wide range of residents while still driving investment and urban revitalization.

Addressing New Jersey’s housing affordability gap requires a combination of strategic planning, thoughtful development, and public policy initiatives. Expanding housing stock alone is not enough; ensuring that new developments provide accessible options for diverse income levels is essential to maintaining healthy, sustainable communities. The state’s real estate market must continue to innovate, balancing modern urban growth with the need to provide housing opportunities that reflect the economic realities of its residents.

For readers looking to stay informed on the latest trends, developments, and shifts in New Jersey’s housing market, our New Jersey real estate coverage provides in-depth reporting and analysis, tracking how affordability, urban expansion, and market dynamics continue to shape the state’s communities.

Devils Navigate a Difficult Stretch as Timo Meier Steps Away and Injuries Continue to Mount

The New Jersey Devils are searching for stability at a challenging point in the season, having dropped six of their last seven games while also confronting a growing list of off-ice and on-ice concerns. As results have gone sideways, the organization was met with sobering news involving one of its core players, underscoring that hockey often takes a back seat to matters far more important.

Earlier this week, the Devils announced that forward Timo Meier has taken a personal leave of absence to attend to a family health matter. The team did not provide specifics, and rightly so, but the absence of one of New Jersey’s most impactful forwards is felt both competitively and emotionally. Meier has long been recognized not only for his physical, high-effort style of play but also for the professionalism and positivity he brings to the locker room and to public appearances representing the franchise.

On the ice, Meier’s game is built on power, pace, and persistence, qualities that have made him a focal point of the Devils’ attack. Away from the rink, he has earned a reputation as one of the team’s most approachable and respected voices. In moments like this, however, wins, losses, and standings fade into the background. Family comes first, and the Devils community will undoubtedly be ready to welcome Meier back with a heartfelt response at the Rock whenever he is able to return.

As if the recent struggles were not enough, the Devils were also hit with unexpected injury developments at practice. Arseny Gritsyuk, Cody Glass, and Stefan Noesen were all absent, immediately raising questions about the team’s short-term lineup stability. While Glass and Noesen have each dealt with nagging issues in recent weeks, the absence of Gritsyuk stood out, as the young winger had yet to miss a game this season.

Head coach Sheldon Keefe later confirmed that Gritsyuk has been playing through a lingering issue that has not improved and will sideline him for the upcoming weekend back-to-back. It is an unfortunate pause for a player who has quietly become one of the Devils’ most effective drivers of play. Through 31 games, Gritsyuk has recorded 16 points while primarily skating in a third-line role and contributing on the second power-play unit, numbers that only hint at his broader impact.

Gritsyuk’s value lies in his ability to tilt the ice. His combination of smart forechecking, strong skating, and soft hands has consistently helped New Jersey control possession at five-on-five, often producing some of the team’s best shot metrics regardless of his linemates. He brings energy and structure to every shift, and his absence adds another layer of difficulty for a roster already searching for answers.

With Meier away and Gritsyuk temporarily sidelined, the pressure shifts to the remaining healthy skaters to elevate their game. The Devils’ recent stretch has highlighted the fine margins between confidence and collapse, particularly in a competitive Eastern Conference. Depth players will be asked to take on larger roles, and leadership will need to come from every corner of the room.

Despite the adversity, the season remains far from decided. The Devils have shown in previous years that resilience is part of their identity, and moments like this often reveal the character of a team. Getting healthier, tightening defensive details, and rediscovering their pace-driven identity will be essential as they work to reverse their recent slide.

For fans following every development around the New Jersey Devils, this stretch serves as a reminder that the story of a season is rarely linear. There will be setbacks, unexpected absences, and difficult nights in the standings. What matters now is how the Devils respond, both in supporting their teammates off the ice and in finding a way to compete with urgency once the puck drops again.

Red Bank Celebrates Jersey Legends as Darlene Love and The Smithereens Join the Basie Center Walk of Fame

Red Bank’s cultural legacy takes a meaningful step forward this December as two towering names in American music, Darlene Love and The Smithereens, are formally inducted into the Count Basie Center for the Arts Walk of Fame. The ceremony, scheduled for Friday, December 19, 2025, recognizes artists whose careers have not only shaped popular music but also strengthened New Jersey’s standing as a creative force on the national stage.

The inductions will take place in conjunction with each artist’s performance that evening, reinforcing the Walk of Fame’s purpose as a living, breathing tribute rather than a static honor. Love will be celebrated during her holiday concert on the main stage at the Hackensack Meridian Health Theatre, while The Smithereens will receive their recognition in tandem with their performance at The Vogel, where they will be joined by guest vocalist John Cowsill.

For Red Bank and the historic Basie Center, the evening represents a convergence of past, present, and enduring influence. The Walk of Fame already features some of the most iconic figures in music and entertainment, including Count Basie himself and Jon Bon Jovi. Adding Darlene Love and The Smithereens further cements the venue’s role as a cornerstone of New Jersey’s performing arts scene and a destination for nationally significant talent, a tradition long celebrated across Explore New Jersey’s coverage of theatre and live performance.

Darlene Love’s career spans more than six decades and touches nearly every corner of American entertainment. A Rock & Roll Hall of Fame inductee, she rose to prominence in the early 1960s as one of the defining voices behind Phil Spector’s Wall of Sound productions. Her performances, particularly “Christmas (Baby Please Come Home),” became timeless fixtures of popular culture, while her work expanded into film, television, and Broadway. Love’s ability to move seamlessly between genres and mediums has made her not only a holiday icon but also one of the most respected vocalists of her generation.

The Smithereens represent a different, yet equally vital, chapter of New Jersey music history. Formed in Carteret in 1980, the band built a fiercely loyal following through sharp songwriting, chiming guitars, and a sound that bridged British Invasion melody with American rock urgency. Songs like “A Girl Like You” helped define late-1980s alternative rock, while the band’s constant presence on MTV and late-night television solidified its national profile. Their continued performances following the loss of frontman Pat DiNizio have been guided by respect, resilience, and a commitment to honoring the music they created together.

For many in New Jersey, DiNizio’s legacy is also personal. Beyond his role as a frontman and songwriter, he was known for his warmth and accessibility away from the stage. He once played third base on an MCA softball team alongside friends and colleagues, a reminder that behind the influential catalog was someone deeply connected to the people around him. That sense of community, and the friendships formed both on and off the field, remain an enduring part of The Smithereens’ story.

The Walk of Fame induction is more than a ceremonial milestone. It acknowledges how both Love and The Smithereens have carried New Jersey’s creative identity far beyond state lines while maintaining a genuine connection to home.

By honoring them on a night when their music fills the Basie Center’s stages, Red Bank reinforces the idea that the arts are not simply preserved in plaques and names, but lived through performance, memory, and shared experience.

As audiences gather for concerts that evening, they will also be witnessing history, one more chapter added to the Basie Center’s evolving narrative. For New Jersey, it is a fitting tribute to artists whose voices and songs continue to resonate, echoing through theaters, airwaves, and generations.

Darlene Love – Love for the Holidays

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A Holiday Homecoming in Red Bank as Darlene Love Brings Her Legendary Christmas Show to the Jersey Shore

December 19 @ 19:30 23:30

The arrival of the holiday season in New Jersey takes on added meaning this December when Darlene Love returns to Red Bank with her celebrated concert event, Love for the Holidays. The Rock & Roll Hall of Fame inductee will light up the Hackensack Meridian Health Theatre at the Basie Center Campus on Friday, December 19, with doors opening at 6:30 p.m. and the performance beginning promptly at 7:30 p.m. For generations of music fans, this annual tour has become as essential to the season as twinkling lights and winter classics on the radio.

Few voices are as deeply woven into the fabric of American Christmas music as Love’s. Her unmistakable performances on Phil Spector’s famed holiday recordings helped define the sound of the season, with songs like “Christmas (Baby Please Come Home),” “White Christmas,” “Winter Wonderland,” and “Marshmallow World” remaining staples decade after decade. Those recordings continue to resonate not simply as nostalgia, but as living, breathing works that still feel vital each December.

Love’s influence extends far beyond the studio. Her voice has been a familiar presence in countless films, television shows, and commercials, becoming synonymous with warmth, celebration, and emotional connection. From major motion pictures to classic holiday broadcasts, her sound has quietly underscored some of the most memorable moments in pop culture, cementing her status as one of the most recognizable vocalists of her era.

Her journey began in the early 1960s, emerging from the famed “Wall of Sound” sessions as one of the era’s most powerful singers. That early work quickly led to collaborations with a remarkable range of artists, including Elvis Presley, Tom Jones, Dionne Warwick, and Bruce Springsteen. Over time, her career evolved into something rare: a voice that bridges generations while remaining instantly identifiable. Accolades followed naturally, including recognition by Rolling Stone as one of the greatest singers of all time, a distinction widely echoed by fans and fellow musicians alike.

Holiday performances have become a defining chapter of Love’s career. For nearly three decades, she delivered a show-stopping rendition of “Christmas (Baby Please Come Home)” on The Late Show with David Letterman, turning the appearance into one of late night television’s most beloved traditions. Letterman famously described her voice as the sound of Christmas itself, a sentiment that has only grown stronger over time. More recently, her high-profile appearances alongside artists such as Cher, Steven Van Zandt, and Paul Shaffer have reaffirmed her enduring relevance and star power.

Now in her mid-80s, Love continues to tour with remarkable vitality, bringing both joy and authenticity to every performance. Her upcoming New Jersey stop offers audiences a rare chance to experience a living legend in an intimate, acoustically rich setting. The Red Bank engagement also reinforces the state’s ongoing role as a cornerstone of live performance and seasonal celebrations within the broader New Jersey music scene, a tradition highlighted year-round across Explore New Jersey’s coverage of live music and cultural events.

Beyond the stage, Love’s story is still unfolding. She has recently completed filming on a new docuseries slated for release in 2026, promising an in-depth look at her extraordinary life, career, and influence. It is yet another reminder that her impact reaches far beyond a single season, even as her holiday concerts remain a cherished annual ritual.

As Love for the Holidays arrives in Red Bank, audiences can expect more than a concert. What unfolds is a shared celebration of memory, music, and the unmistakable power of a voice that continues to define the season for millions.

Count Basie Center for the Arts

732.842.9000

View Organizer Website

Count Basie Center for the Arts

99 Monmouth Street
Red Bank, New Jersey 07701 United States
+ Google Map
732.842.9000
View Venue Website

The Smithereens with special guest vocalist John Cowsill

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New Jersey Rock Royalty Returns to Red Bank as The Smithereens Take the Vogel Stage

December 18 @ 20:00 December 19 @ 23:30

Few bands are as inseparable from New Jersey’s musical identity as The Smithereens, and this fall the Garden State rock institution brings its storied catalog back home with a special performance at the Vogel at the Basie Center Campus in Red Bank. Doors open at 7 p.m., with the show beginning at 8 p.m., promising an evening steeped in power pop history, ringing guitars, and songs that have soundtracked decades of American rock radio.

Formed in Carteret in 1980, The Smithereens emerged at a time when sharp songwriting and classic influences were colliding with modern edge. Pat DiNizio, Jim Babjak, Mike Mesaros, and Dennis Diken crafted a sound that drew heavily from the melodic sophistication of the British Invasion while retaining the grit and immediacy of American garage rock. That balance became their signature, earning the band a loyal following well beyond New Jersey and placing them firmly in the national conversation by the mid-1980s.

Their ascent accelerated with the release of Especially for You in 1986, an album that produced enduring staples like “Blood and Roses” and “Behind the Wall of Sleep.” Those songs, driven by chiming guitars and emotionally direct lyrics, helped define an era of alternative-leaning rock that still felt rooted in classic songcraft. Subsequent releases, including Green Thoughts and 11, expanded their reach even further, yielding hits such as “Only a Memory,” “A Girl Like You,” and “Too Much Passion.” During that period, The Smithereens became fixtures on MTV and college radio while sharing stages with artists ranging from Tom Petty and Lou Reed to The Pretenders.

Live performance has always been central to the band’s reputation, and that reputation has only grown with time. Their shows are known for muscular arrangements, tight harmonies, and an unpretentious connection with the audience. Alongside their original work, the band has also paid homage to its influences through full-album tributes to icons like The Beatles and The Who, reinforcing their place within the broader lineage of classic and alternative rock.

After the passing of Pat DiNizio in 2017, Babjak, Mesaros, and Diken chose not to close the book on the band’s legacy. Instead, they moved forward with purpose, honoring their longtime frontman by keeping the music alive onstage. In recent years, that approach has included collaborations with respected guest vocalists, among them John Cowsill, whose résumé includes both The Cowsills and a long tenure with The Beach Boys. His presence adds a fresh dynamic while remaining faithful to the spirit of the songs fans know by heart. Other guest vocalists have included Robin Wilson of Gin Blossoms and Marshall Crenshaw, underscoring the band’s wide-ranging influence across generations of rock artists.

The Smithereens’ recorded legacy continues to evolve as well. Their most recent release, The Lost Album, brings previously unheard sessions featuring DiNizio to light, offering fans a deeper look into the band’s creative history and reaffirming the timeless quality of their songwriting.

Set against the intimate yet refined atmosphere of the Vogel, this Red Bank performance is more than just a concert. It is a home-state celebration of a band that helped shape modern American rock while never losing its New Jersey roots. For longtime listeners and newcomers alike, it is an opportunity to experience a living chapter of the state’s rich musical story, one that remains an essential part of the broader New Jersey music scene highlighted throughout Explore New Jersey’s coverage of live music and artists.

Count Basie Center for the Arts

732.842.9000

View Organizer Website

Count Basie Center for the Arts

99 Monmouth Street
Red Bank, New Jersey 07701 United States
+ Google Map
732.842.9000
View Venue Website

New Jersey Leaders Warn of Steep Health Care Cost Increases as ACA Subsidy Debate Stalls in Washington

The battle over the future of Affordable Care Act premium subsidies is intensifying in Washington, and New Jersey residents could soon feel the consequences. U.S. Senator Cory Booker sharply criticized congressional Republicans this week after efforts to extend enhanced ACA tax credits stalled, a development that could lead to significant premium hikes for millions of Americans beginning in 2026.

Booker, one of New Jersey’s most vocal advocates for expanded health care access, argued that the failure to extend the subsidies represents a major setback for working families already struggling with rising costs. He framed the moment as part of a broader national debate over affordability, warning that higher premiums and deductibles could push many households into difficult financial choices.

At the center of the controversy are enhanced ACA premium tax credits that are scheduled to expire at the end of the year. These subsidies currently help more than 24 million Americans reduce monthly insurance costs. Without congressional action, premiums are projected to jump sharply on January 1, 2026, with New Jersey residents among those facing some of the steepest increases.

According to estimates tied to the pending expiration, average New Jersey residents who currently receive assistance could see their annual insurance costs rise by roughly $1,850, or about $154 per month. For a family of four earning around $66,000 annually, the increase could exceed $3,000 per year. Middle-income families earning closer to $90,000 could see annual premium hikes approaching $4,000, while older couples in their early 60s face the most dramatic impact, with potential increases topping $20,000 per year due to age-based pricing and the loss of income caps on subsidies.

The political impasse unfolded over several days in Congress. In the Senate, lawmakers voted on competing health care proposals that ultimately failed to advance. One measure backed by Democrats sought a straightforward three-year extension of the enhanced ACA subsidies but fell short of the 60 votes required. A Republican-backed alternative focused on expanding health savings accounts, offering limited payments that could not be applied to insurance premiums and did not address the expiring tax credits. That proposal also failed to clear the Senate.

In the House, Republican leaders introduced a broader health care package that emphasizes association health plans for small businesses, funding for cost-sharing reductions, and greater transparency in prescription drug pricing. However, the plan does not automatically renew the ACA subsidies. House leadership has instead indicated that a separate amendment vote on extending the tax credits may be scheduled, reflecting pressure from moderate members concerned about voter backlash.

For New Jersey families, the timing could not be worse. The open enrollment deadline for coverage beginning January 1, 2026, falls in mid-December, forcing consumers to make decisions without certainty about what their premiums will look like in the coming year. Health care advocates warn that confusion and sticker shock could drive some residents to drop coverage altogether, reversing years of progress in expanding insurance access across the state.

Booker emphasized that many of the families he hears from are already balancing housing costs, child care expenses, and inflation-driven price increases. He argued that higher insurance premiums and deductibles would leave households one medical emergency away from serious financial distress. The senator pledged to continue pushing for a solution that preserves affordability and stability in the health care marketplace.

The broader debate underscores how federal policy decisions can ripple quickly into everyday life at the state and local level. In New Jersey, where ACA enrollment has grown steadily in recent years, the potential expiration of subsidies represents a major policy crossroads with real consequences for families, small businesses, and older residents nearing retirement.

As negotiations continue, the outcome remains uncertain. What is clear is that without action, premium increases are all but guaranteed, setting the stage for renewed political pressure in the weeks ahead. For continued coverage of health policy, congressional action, and how national decisions affect residents across the Garden State, readers can follow ongoing reporting in Explore New Jersey’s politics section.

A Rough Night in Tampa Raises Bigger Questions for the Devils’ Blue Line Future

The New Jersey Devils arrived in Tampa hoping to build momentum, but Thursday night quickly unraveled into a frustrating reminder of how thin the margin for error can be in the NHL. An 8–4 loss to the Lightning halted any chance of a modest winning streak and exposed familiar issues defensively, turning what was supposed to be a confidence-building road test into another humbling chapter of an uneven season.

The defeat itself was alarming enough. Defensive coverage broke down repeatedly, goaltending was left exposed, and the Devils struggled to regain control once the game tilted decisively in Tampa Bay’s favor. While there were flashes of offensive pushback, the larger takeaway was how vulnerable New Jersey can look when structure disappears, especially against elite competition that thrives on capitalizing mistakes.

Losses like this do more than dent the standings. They sharpen the focus on long-term roster construction, particularly on defense, where the Devils face an intriguing and potentially complicated future. At the center of that conversation is Simon Nemec, a player whose development trajectory is beginning to intersect directly with the organization’s cap planning and lineup balance.

Nemec appears to be choosing the perfect season to elevate his game. At just 21 years old, he is showing increasing comfort at the professional level, handling tougher matchups and playing with more assertiveness at both ends of the ice. Among the Devils’ upcoming contract decisions following the 2025–26 season, his situation stands out as one of the most consequential, not necessarily because of urgency, but because of fit.

From a contractual standpoint, the Devils are not facing immediate pressure. Most of their defensive core remains under team control beyond next season, with Nemec and a pair of short-term injury call-ups representing the only right-shot defensemen nearing free agency. On paper, that stability is a luxury. In practice, it creates a logjam.

If New Jersey enters next season healthy, the right side of the blue line is crowded. Dougie Hamilton, Johnny Kovacevic, and Brett Pesce are all signed for multiple seasons, combining for a significant cap commitment. Hamilton alone accounts for nearly half of that total, and neither Kovacevic nor Pesce is a realistic trade candidate given their roles and contracts. The question, then, becomes less about whether the Devils can afford Nemec and more about how they justify paying four NHL-caliber right-handed defensemen when only three can dress on a given night.

That dilemma complicates Nemec’s next deal. His age, upside, and recent progress all argue in his favor. At the same time, roster math works against him in the short term. Young right-shot defensemen with legitimate top-four potential are rare commodities, and the Devils are not particularly deep in that area beyond Nemec and Seamus Casey. Moving on from Nemec would risk creating a long-term weakness on the right side just as Hamilton moves further beyond his prime years.

There has been outside speculation that Nemec could become a trade chip, especially as Hamilton ages and the Devils weigh competitive timelines. But dealing a developing defenseman who is just beginning to assert himself would be a gamble, one that could haunt the organization if the return fails to match his eventual ceiling. General manager Tom Fitzgerald has shown patience with young talent before, and there is little evidence suggesting Nemec is expendable.

A short-term bridge contract feels like the most logical outcome. It allows the Devils to manage the current depth chart while giving Nemec continued opportunity to grow into a larger role. With the salary cap projected to rise significantly, a bridge deal also positions both sides for a more lucrative long-term agreement once roster congestion eases, particularly when Hamilton’s contract nears its conclusion.

Games like the loss in Tampa underscore why these decisions matter. Defensive reliability, puck movement, and youthful legs on the back end are not luxuries; they are necessities for a team with playoff aspirations. Nemec’s continued development offers hope that the Devils can address those needs internally rather than searching elsewhere.

As the season continues to unfold, the focus will remain on nightly results, but the bigger picture is already taking shape. Nemec is becoming an increasingly important piece of the Devils’ future, and how the organization handles his next contract will say a great deal about its confidence in the blue line it is trying to build. For ongoing coverage, analysis, and team updates, fans can follow everything surrounding the New Jersey Devils through Explore New Jersey’s dedicated Devils section.

Newark Breaks Ground on Landmark Lionsgate Studio, Ushering in a New Era for New Jersey Film and Television

New Jersey’s rapidly expanding entertainment sector reached a defining milestone this week as construction officially began on the Lionsgate Newark studio, the state’s first purpose-built film and television production complex. The $125 million development signals a major investment in both the creative economy and the future of Newark’s South Ward, positioning the city as a rising hub for large-scale content production on the East Coast.

Set across 12 acres on the former Seth Boyden Housing site, the studio is scheduled to open in 2027 and is expected to permanently reshape the state’s role in the film and television industry. The facility will be owned and operated by Great Point Studios, with Lionsgate serving as the long-term anchor tenant and naming partner. Additional stakeholders include the New Jersey Performing Arts Center and the Newark Housing Authority, reflecting a collaboration that blends economic development, arts leadership, and community investment.

The groundbreaking ceremony, held in December at the Temple of Hip Hop, marked more than the start of construction. It represented a broader commitment to workforce development, neighborhood revitalization, and long-term opportunity for Newark residents. State and local officials joined industry leaders to celebrate what is being described as one of the most consequential cultural infrastructure projects in New Jersey’s modern history.

Once completed, Lionsgate Newark will feature multiple soundstages, production offices, set construction areas, and comprehensive on-site services, including equipment storage, catering, security, and parking. Designed by Gensler and developed by Matrix Development, the complex is engineered to support full-scale productions without the need to leave the site, a critical advantage in today’s fast-paced production environment.

Economic projections underscore the scope of the project’s impact. Developers estimate the studio will generate more than 600 permanent production jobs and contribute upwards of $800 million annually to the regional economy. During the construction phase alone, 40 percent of all labor hours will be allocated to Newark residents, while minority- and women-owned businesses will receive a significant share of contracting opportunities.

Beyond the numbers, the project includes a sweeping Community Benefits Agreement aimed at ensuring that the South Ward directly shares in the studio’s success. Commitments include dedicated funding for local organizations, environmental improvement initiatives, and long-term local hiring requirements. Once operational, 70 percent of full-time studio roles—ranging from engineering and maintenance to administrative and security positions—will be reserved for Newark residents, with priority consideration extended across all departments.

Education and workforce training are central pillars of the studio’s mission. Project partners plan to work closely with the Newark Board of Education to develop film, television, and broadcast-related curricula, along with apprenticeship and training programs designed to prepare students and young adults for careers in the industry. NJPAC has also pledged to present a minimum of 15 arts and community programs annually in the South Ward, reinforcing the cultural dimension of the investment.

State leaders have framed the project as a cornerstone of New Jersey’s broader film and television resurgence, driven by competitive incentives and a growing reputation as a production-friendly destination. Industry executives echoed that sentiment, pointing to the state’s infrastructure, workforce potential, and proximity to major media markets as key factors behind the decision to build in Newark.

For Newark, the studio represents more than a new facility. It is a catalyst for sustained economic growth, creative opportunity, and community partnership—one that aligns artistic innovation with real-world benefits for residents. As cameras eventually roll and soundstages come alive, Lionsgate Newark is poised to become a defining symbol of New Jersey’s emergence as a serious player in the entertainment industry.

Readers interested in the continued growth of film and television production across the Garden State can explore additional coverage and features in Explore New Jersey’s dedicated Film & TV section, which tracks the people, projects, and places shaping the industry’s future.