Editing New Jersey (section)

====Finance as Wall Street West====
[[Image:Jersey City Skyline sunset (cropped).jpg|thumb|The waterfront of [[Downtown Jersey City]], dubbed [[Wall Street West]]<ref name=JerseyCityWaterfrontWallStreetWest/>]]
[[Jersey City]]'s [[Downtown Jersey City|Hudson River waterfront]], from [[Exchange Place (Jersey City)|Exchange Place]] to [[Newport, Jersey City|Newport]], is known as [[Wall Street West]]<ref name=JerseyCityWaterfrontWallStreetWest>[https://cms.dot.gov/sites/dot.gov/files/docs/NJ%20Jersey%20City.pdf A Vision for Smart Transit in Jersey City] {{Webarchive|url=https://web.archive.org/web/20161226215056/https://cms.dot.gov/sites/dot.gov/files/docs/NJ%20Jersey%20City.pdf |date=December 26, 2016 }}, [[United States Department of Transportation]], February 4, 2016. Retrieved July 18, 2017. "Development along the Hudson River waterfront led to the development of the 'Wall Street West' financial district, one of the largest centers of banking and finance in the nation."</ref> and has over 13&nbsp;million square feet of [[Class A office|Class A office space]]. One third of the [[private sector]] jobs in the city are in the [[finance|financial services]] sector: more than 60% are in the [[Security (finance)|securities industry]], 20% are in banking and 8% in [[insurance]].<ref>{{cite web|title=Your Gateway to Opportunity, Enterprise Zone Five Year Strategic Plan 2010|url=http://www.jcedc.org/Pages/JerseyCity%20UEZ_Economics.pdf|publisher=Jersey City Economic Development Corporation|access-date=May 23, 2013|url-status=dead|archive-url=https://web.archive.org/web/20131028234728/http://www.jcedc.org/Pages/JerseyCity%20UEZ_Economics.pdf|archive-date=October 28, 2013}}</ref> Jersey City is home to the headquarters of [[Verisk Analytics]] and [[Lord Abbett]],<ref name=StarLedger>Todd, Susan. [http://www.nj.com/business/index.ssf/2009/10/verisk_analytics_sells_8525_mi.html "Verisk Analytics of Jersey City raises $1.9B in stock offering"] {{Webarchive|url=https://web.archive.org/web/20190214175447/https://www.nj.com/business/index.ssf/2009/10/verisk_analytics_sells_8525_mi.html |date=February 14, 2019 }}, ''[[The Star-Ledger]]'', October 8, 2009. Retrieved October 8, 2009.</ref> a privately held money management firm.<ref>[http://www.lordabbett.com/us/la2/contact_us Lord Abbett: Contact Us] {{Webarchive|url=https://web.archive.org/web/20111225202053/http://www.lordabbett.com/us/la2/contact_us |date=December 25, 2011 }}. Retrieved April 2, 2011.</ref> Companies such as [[Computershare]], [[Automatic Data Processing|ADP]], [[IPC Systems]], and [[Fidelity Investments]] also conduct operations in the city.<ref>[http://www.hudsonedc.org/hudson-employers.pdf Major Employer's List] {{webarchive|url=https://web.archive.org/web/20110718191705/http://www.hudsonedc.org/hudson-employers.pdf |date=July 18, 2011 }}, Hudson County Economic Development Corporation. Retrieved March 18, 2011.</ref> In 2014, ''[[Forbes]]'' magazine moved its headquarters to the district, having been awarded a $27&nbsp;million tax grant in exchange for bringing 350 jobs to the city over a ten-year period.<ref>Staff. [http://www.nj.com/hudson/index.ssf/2014/12/forbes_moving_to_new_jersey_city_offices_monday_report_says.html 'Forbes moving into Jersey City offices on Monday, report says"] {{Webarchive|url=https://web.archive.org/web/20180915084634/https://www.nj.com/hudson/index.ssf/2014/12/forbes_moving_to_new_jersey_city_offices_monday_report_says.html |date=September 15, 2018 }}, ''[[The Jersey Journal]]'', December 12, 2014. Retrieved June 1, 2015. "Forbes has committed to spending 10 years in Jersey City, for which it will receive a $27 million Grow New Jersey tax grant because of its pledge to bring at least 350 jobs to the state."</ref> By the early 2020s, the construction of residential [[skyscraper]]s Downtown made median rental rates in Jersey City amongst the highest of any city in the United States.<ref>{{cite news|url=https://nypost.com/2022/07/29/jersey-city-is-now-americas-most-expensive-city-to-live-in/|title=This New Jersey city is now America's most expensive to live in|author=Mary K. Jacob|newspaper=New York Post|date=July 29, 2022|access-date=March 1, 2023|archive-date=January 30, 2023|archive-url=https://web.archive.org/web/20230130223949/https://nypost.com/2022/07/29/jersey-city-is-now-americas-most-expensive-city-to-live-in/amp/|url-status=live}}</ref>