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Grapevine: Losing out on an Opportunity

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C&W secures financing for Paterson distribution center

By Mario Marroquin
August 23, 2017 02:27 PM

Commercial real estate firm Cushman & Wakefield recently announced it secured $15.34 million in financing for a joint partnership between Camber Real Estate Partners and Advance Realty for an Interstate 80 distribution center in Paterson. CONTINUE READING

Wyndham Worldwide announces spin-off hotel company, leadership changes

By Emily Bader
August 22, 2017 12:38 PM

Parsippany-based Wyndham Worldwide announced Monday leadership appointments for its new pure-play hotel company. CONTINUE READING

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Student Transportation Inc. appoints president of School Transportation Group

By Emily Bader
August 22, 2017 12:45 PM

Wall-based Student Transportation Inc., a safety and fleet service for schools, announced it has created the School Transportation Group, which focuses on the company’s school contracted transportation operations. CONTINUE READING

Hanover Crossroads reaches full occupancy

By Mario Marroquin
August 22, 2017 10:56 AM

After having completed three leases at Hanover Crossroads, commercial real estate firm Key Properties announced its 107,000-square-foot retail center in Cedar Knolls has reached full occupancy. The firm added Old Navy, IHOP and an Italian restaurant to the center. CONTINUE READING

CBRE names senior vice president

By Mario Marroquin
August 22, 2017 10:45 AM

Commercial real estate firm CBRE recently announced Jonathan Meisel has joined the firm’s central New Jersey office to serve as a senior vice president. CONTINUE READING

V12 Data promotes Johnson to SVP of client development

By Emily Bader
August 21, 2017 11:28 AM

Red Bank-based V12 Data, an omnichannel data company, announced it has promoted Jeff Johnson from vice president to senior vice president of client development. CONTINUE READING

TriState Capital appoints EVP of finance and CFO transition plan

By Emily Bader
August 21, 2017 10:59 AM

TriState Capital Holdings Inc. announced that David J. Demas has been named executive vice president of finance and will succeed Mark L. Sullivan as chief financial officer, after a four-month transition period, on Jan. 1, 2018. CONTINUE READING

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When the Senate passed the state's highly touted incentives overhaul in late June, even the most skeptical backers might have expected it to reach Gov. Chris Christie's desk within days.

Now, there are signs it could end up being a matter of months.

A new Senate schedule released last week has its next voting session slated for Aug. 26, two months after the upper chamber approved the Economic Opportunity Act. Despite voting on the measure June 27, with amendments, the Senate quickly found the ball back in its court when the Assembly made its own last-minute changes late the following day.

The large coalition of business and development groups who support the bill have since been waiting for lawmakers to reconvene. Last week, the Senate scrapped a voting session in which it planned to consider the measure; Sen. Raymond Lesniak, one of its top sponsors, later said he first needed the Assembly to return to Trenton to negotiate the final version.

Grocers to register disapproval?

The list of groups lining up to oppose a bill to mandate labeling of foods containing genetically modified foods stretches literally from the farm to the table — indeed, from the lab to the table.

The biotech companies that develop the technologies are opposed. The farm bureau, which represents the people growing GMO crops, is opposed. So are the grocery manufacturers association, the food processors' trade group, the retail merchants association and the restaurant association.

So it's come as a surprise to some that the group that would arguably be most directly affected by the labeling mandate — the supermarket trade group called the New Jersey Food Council — has remained silent on the issue.

A source noted the council's membership includes traditional grocery stores, but also the health food giant Whole Foods, which has committed to voluntarily label foods with GMOs by 2018.

“There's obviously some internal strife” at the council, said a source, noting the labeling mandate is likely one of the biggest issues affecting the supermarket industry this legislative session.

The Food Council did not respond to a request for comment by press time.

Guidance on navigation

Next month, the federal government will award $1.5 million to New Jersey organizations seeking to become “navigators” who will help individuals and families get health insurance coverage, either from Medicaid or by purchasing a health insurance policy on the online marketplace being created under the Affordable Care Act.

That's not nearly enough, say insiders.

Washington has received 11 applications from New Jersey organizations seeking a slice of that $1.5 million pie, Grapevine has learned. Health care experts around the state say much more is needed to get the word out to the uninsured, many of whom are eligible for subsidies to afford coverage, but may have cultural or language barriers to overcome. Estimates are that more than 1 million New Jerseyans are uninsured.

John Sarno, president of the Employers Association of New Jersey, confirmed the employers' group is among the applicants to the Health and Human Services navigator program. According to the group, most uninsured people are full- or part-time workers for small employers; EANJ's goal is to enroll these uninsured workers at their job sites. 

HHS is expected to award the navigator grants Aug. 15.

Grapevine reports on the behind-the-scenes buzz in the business community. Contact Editor Tom Bergeron at tomb@njbiz.com.

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Grapevine: Losing out on an Opportunity

Back to Top Comments Email Print

Latest News

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When the Senate passed the state's highly touted incentives overhaul in late June, even the most skeptical backers might have expected it to reach Gov. Chris Christie's desk within days.

Now, there are signs it could end up being a matter of months.

A new Senate schedule released last week has its next voting session slated for Aug. 26, two months after the upper chamber approved the Economic Opportunity Act. Despite voting on the measure June 27, with amendments, the Senate quickly found the ball back in its court when the Assembly made its own last-minute changes late the following day.

The large coalition of business and development groups who support the bill have since been waiting for lawmakers to reconvene. Last week, the Senate scrapped a voting session in which it planned to consider the measure; Sen. Raymond Lesniak, one of its top sponsors, later said he first needed the Assembly to return to Trenton to negotiate the final version.

Grocers to register disapproval?

The list of groups lining up to oppose a bill to mandate labeling of foods containing genetically modified foods stretches literally from the farm to the table — indeed, from the lab to the table.

The biotech companies that develop the technologies are opposed. The farm bureau, which represents the people growing GMO crops, is opposed. So are the grocery manufacturers association, the food processors' trade group, the retail merchants association and the restaurant association.

So it's come as a surprise to some that the group that would arguably be most directly affected by the labeling mandate — the supermarket trade group called the New Jersey Food Council — has remained silent on the issue.

A source noted the council's membership includes traditional grocery stores, but also the health food giant Whole Foods, which has committed to voluntarily label foods with GMOs by 2018.

“There's obviously some internal strife” at the council, said a source, noting the labeling mandate is likely one of the biggest issues affecting the supermarket industry this legislative session.

The Food Council did not respond to a request for comment by press time.

Guidance on navigation

Next month, the federal government will award $1.5 million to New Jersey organizations seeking to become “navigators” who will help individuals and families get health insurance coverage, either from Medicaid or by purchasing a health insurance policy on the online marketplace being created under the Affordable Care Act.

That's not nearly enough, say insiders.

Washington has received 11 applications from New Jersey organizations seeking a slice of that $1.5 million pie, Grapevine has learned. Health care experts around the state say much more is needed to get the word out to the uninsured, many of whom are eligible for subsidies to afford coverage, but may have cultural or language barriers to overcome. Estimates are that more than 1 million New Jerseyans are uninsured.

John Sarno, president of the Employers Association of New Jersey, confirmed the employers' group is among the applicants to the Health and Human Services navigator program. According to the group, most uninsured people are full- or part-time workers for small employers; EANJ's goal is to enroll these uninsured workers at their job sites. 

HHS is expected to award the navigator grants Aug. 15.

Grapevine reports on the behind-the-scenes buzz in the business community. Contact Editor Tom Bergeron at tomb@njbiz.com.

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