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Winners and Losers

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    Each week in Face Time, NJBIZ editors approximate Chris Christie's mood and facial expressions based on the news.

    FACE TIME: SHREWD
    There’s no way for a Republican presidential nominee/governor of a blue state to have his cake and eat it too when it comes to gay marriage, but Christie came pretty close. He can tell the tea party crowd he did his best to block the issue, pulls another wooden piece out of Barbara Buono’s leaning Jenga tower and avoids a veto override. Well played.

    WINNERS

    Tucker Development Corp.

    Talk about looking like a duck — calm on the surface, paddling furiously underwater. Tucker’s two major groundbreakings in the same week belies the years of project planning that it’s put into Hudson Lights and Springfield Avenue Marketplace. What does Richard Tucker have planned for an encore?

    Vincent Prieto

    The influential Democrat seems all but certain to wrest the Assembly speaker title away from Sheila Oliver next year — he’s already got heavy support from the caucus. Here’s hoping he’s able to work with Christie and the business community in a way the Assembly has struggled to do.

    Louisa Terrell

    Facebook’s public policy director gets a big like from the Twitter mayor-turned-senator, as Cory Booker tapped her to be his chief of staff. The timing is noteworthy: Facebook’s $100 million gift to Newark, now three years old, made some new high-profile awards programs last week.

    LOSERS

    Atlantic City

    The Borgata won a huge victory last week when a judge ruled its assessed property value was too high in 2009 and 2010. Borgata’s appeal means almost $50 million coming out of the city’s coffers, and could embolden other casinos to try their luck in tax court.

    JCP&L

    Add Red Bank to the list of municipalities considering pulling the plug on the utility provider. The borough is one of a handful publicly threatening to switch to another provider; in a Star-Ledger story, local officials said the company’s response time and service were both ‘dismal.’

    Jersey City businesses

    Cheers to the employees who can suddenly accrue paid sick time, but for business owners in the Sixth Borough, it’s yet another unplanned expense and yet another disincentive to grow. If this were what small companies could afford to attract the best, rest assured: they’d already be offering it.

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