Saturday, December 14, 2019

Fast Lane

News from the business community

Get Ready for Months of Traffic Hell

Alexander Road is closing for nearly six months, and officials are predicting traffic tie-ups for the Princeton area.

On the Move: 20 Nassau Street, TerraCycle, Deaths

An iconic office building at the corner of Nassau and Chambers streets has been sold to a hotel developer.

On the Move: Innophos, NJ Transit, and More

Innophos, a Cranbury-based company that manufactures ingredients for everything from cupcakes to concrete, has been acquired by a private equity firm for nearly $1 billion.

On the Move: Hooters, Seniors, Mergers, and More

The company that owns Hooters and other burger restaurants was acquired by a Cranbury-based biopharama in an unusual reverse merger.

Up for Auction: A 77-Acre Hopewell Estate

Deer Run Farm, located at 189 Woosamonsa Road in Pennington, will be auctioned off on October 10.

Princeton Physicist Wins Nobel Prize

James Peebles, a retired physics professor at Princeton University, was one of three winners of the 2019 Nobel Prize in physics.

Honors for Immigrant Entrepreneurs

Three area entrepreneurs were honored with Immigrant Entrepreneur Awards.

Deaths

Noted architect Elizabeth Reilly Moynahan died at 94.

New Art Space to Launch in Trenton

A trio of local developers is partnering with Isles, Trenton Downtown Association, and the City of Trenton to renovate the former Studios @ 219 at 219 Hanover Street to create a new gallery, artist studio space, and coworking space for creative entrepreneurs.

On the Move: Weidel, Terracycle, First Bank, and More

A new manager at Weidel, an update on TerraCycle stock, a completed bank merger, and more.

Trending Stories

Let’s Try . . . Elite Five Sushi & Grill

Tony Yu has opened Elite Five Sushi & Grill in an L-shaped space adjacent to the former Two Sevens restaurant.

The Fall of Icarus