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Press Releases.

Darnell Sutton with Ras Braka, Mayor, City of Newark

‘Smart Cities’ conference highlights Newark’s tech infrastructure

By: David Hutter June 26, 2019 12:18 pm Newark Mayor Ras Baraka and New Jersey Institute of Technology President Joel Bloom used the occasion of the June 26 New Jersey Alliance for Action Inaugural Statewide 5G Construction/Smart Cities Conference to tout the technology infrastructure that wires the state’s largest city. Newark Mayor Ras Baraka. “The…

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FCC Chairman Sets $20B/10-Year Rural Broadband Funding Plan

The Federal Communications Commission (FCC) will be facilitating $20.4 billion of investments into high-speed broadband networks across rural America over the next 10 years, FCC Chairman Ajit Pai announced during a briefing with President Trump on April 12. To distribute those funds, the FCC will create the Rural Digital Opportunity Fund, which will provide funding…

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Hollywall HWDC

Hollywall Entertainment (HWAL) forms new powerhouse division Hollywall Development Company LLC. (HWDC)

  HWDC is… Minority, Majority Controlled and operated consortium company that was formed by seasoned corporate executives from all major industry’s along with hand selected partnerships with Investment Banks, Global Capital Funds, Public Financial and Wealth Management Firms, Construction Engineering / Building Companies, federal agencies, state and local governments, non-profits, faith-based organizations, and housing authorities…

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Morgan Stanley- Qualified Opportunity Zones –– A New Investment Possibility- Published September 2018

When the Tax Cuts and Jobs Act (TCJA) was signed into law on December 22, 2017 (P.L. 115-97), it opened the possibility for tax-incentivized investments into economically-distressed communities, designated as Qualified Opportunity Zones (QOZ), in every state and territory. Taxpayers with unrealized capital gains may be able to sell or dispose of their appreciated assets…

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