April 2015 - Morris County Chamber of Commerce

Inside this issue...
Articles
Realogy’s story of staying in New Jersey is a two-sided tale 1
Legislative leaders vow to fix Trenton
1
The Cutting Edge...
Time is now for positive changes in New Jersey
6
In the Trenches
Women emerging as key to economic success
7
April 2015 • Issue 4 / Volume 7
About Membership…
To learn more about Membership at the Morris County Chamber of Commerce, please contact Angela Kubisky at 973-210-6079, or [email protected] or visit www.morrischamber.org.
Realogy’s story of staying in New Jersey is a two-sided tale
By Michael Daigle
Charlotte, N.C., was calling; the state’s governor was on Richard Smith’s speed dial. A
new building was ready and the trucks were backing up to the Parsippany headquarters of
Realogy Holdings Corp.
The move would provide the real estate and relocation services company with financial
incentives and give it a way to escape New Jersey’s challenging business atmosphere.
In this atmosphere, Smith approached then-Gov. Jon Corzine in 2010 with the
company’s dilemma and sought help, he said. Corzine failed to respond, he added.
As the deal with North Carolina picked up steam, Smith reached out to the Christie
(Continued on page 5)
But a funny thing happened on the way to North Carolina – Realogy opted to stay in
New Jersey, according to Smith, Realogy’s chairman, chief executive officer and president.
Armed with a $12 million incentive package from the New Jersey Economic
Development Authority, Reology decided in 2012 to move into a new headquarters in
Madison, keeping 953 jobs in Morris County and another 400 in Cherry Hill.
“This story about a company is somewhat instructional about the process to stay or
leave,” Smith said. “It is not as pretty as you think, nor as simple as many want to think.”
Smith was the keynote speaker at the 23rd Annual Partners in Economic Development
Awards Luncheon held by the Morris County Economic Development Corp. (MCEDC) at
Birchwood Manor in Hanover.
The outcome of that process for Realogy, and the reason it chose to stay in New Jersey,
“Is not what you might have imagined,” Smith said. “All things being equal, it’s the social
side of things that rule, not the business side.”
Smith has been named the most powerful person in residential real estate for the past
two years by Swanepoel Power 200 rankings and Realogy has been named one of the most
ethical companies by Ethisphere Institute for the past three years.
Realogy was spun off from Cendent Corp in 2006, according to Smith. In 2007 it was
purchased by private equity firm Apollo Management and subsequently went public in
2012. It owns Century 21, Coldwell Banker Commercial, ERA and several other real
estate brands. Realogy has 13,400 franchised offices and accounted for 27 percent of all
residential real estate transactions in the United States in 2014.
But according to Smith, in 2006 the company faced a real estate downturn that would
last six years. By 2012 the company laid off 30 percent of its staff and cut 600 sales
offices.
“We asked the company to do many extraordinary things and individuals to do
extraordinary things,” Smith said. The company recovered.
What has not recovered is the business climate in New Jersey, Smith said.
The state’s taxes are too high and the lack of effort to reform the system results in the
state’s annual low rankings for business climate, he told the audience. Without reform,
businesses and wealth will leave the state, he said.
“Wealth is mobile,” he added.
Paul Boudreau (center), president of the Morris County Chamber of Commerce, poses with
New Jersey Senate President Stephen Sweeney (left) and state Sen. Joseph Kyrillos.
Photo: KramerImages
Legislative leaders vow to fix Trenton
By Michael Daigle
Two state senators recently threw the dysfunctional state political system under the bus
and promised they are working on improvements that address the state’s high cost image.
Senate President Stephen Sweeney and Sen. Joseph Kyrillos, Jr. admitted to the audience
at the Morris County Chamber of Commerce’s annual Legislative Luncheon at the Park
Savoy in Florham Park that the financial challenges facing the state are severe and the
corrosive politics in Trenton slow progress on key issues. But they said they honestly
understand the impact these issues have on the ability of businesses to operate in New
Jersey and residents to thrive.
Kyrillos (R-13) said business owners have told him they want to see consistent planning,
reliability and predictability from state government and he accepted the blame.
“We have to be better,” he said.
Sweeney, (D-3) a potential gubernatorial candidate in 2017, put a fine political point on
the need for decisive action this year.
“In 2016, Gov. (Chris) Christie will either be the Republican candidate for president or
in his last year as New Jersey governor, which will mean he won’t do anything and the
impact on the state would be devastating,” Sweeney said.
He said his approach is to model solutions on those offered by former Republican Gov.
Tom Kean: focus on transportation and education.
(Continued on page 3)
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Legislative leaders vow
“New Jersey is a logistics state,” he said.
“We are in the middle of 60 million people. This government needs to focus on an
economic plan.”
Kyrillos said New Jersey needs to be
competitive “with our neighbors and other
states.” He cited some successes, such as
businesses leaving New York City for the
Hudson County waterfront. Yet he also
identified concerns, such as Pennsylvania’s
income tax being half that of New Jersey.
“Wealth and investment move to where it
feels welcome,” he said.
Among key financial issues discussed at
the luncheon were action to replenish the
Transportation Trust Fund (TTF) and tax
reform efforts.
Sweeney said he, Assembly Speaker
Vincent Prieto and Christie are discussing
solutions but he would not disclose details.
Asked about the chance of reaching an
agreement, Sweeney said, 70 to 30 percent
against.
Transportation improvements pay off in
shorter commutes and higher productivity,
19386 April
Morris
Chamber v1_Layout
1 2/10/15
Sweeney
said.
Businesses
also demand
a
better transportation system.The need for
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(Continued from page 1)
spending is there, he said. Adding a third
lane to Route 1 and fixing Route 206 are
examples of improvements he would like
to see. Widening the New Jersey Turnpike
significantly reduced travel times, he said.
Further, the TTF is used to support road
work done by counties and municipalities,
he said.
“You pay for those roads and bridges with
property taxes,” Sweeney said. “There are
no free roads in New Jersey.”
He disputed a recent study that claimed
it costs $2 million a mile to build a road in
New Jersey.
(Above) Posing with New
Jersey Senate President
Stephen Sweeney
(center right) at the
2015 Legislative Lunch
of the Morris County
Chamber of Commerce
were (left to right) Bernie
Flynn, president and
CEO of New Jersey
Manufacturers Insurance
Group, state Senator
Steve Oroho and Paul Boudreau, president of the chamber.
“The actual cost is $675,000 a mile,” he
said.
Kyrillos and Sweeney said legislation
is being developed to peel back the state’s
inheritance and estate taxes. This is key
because these taxes drive people and
business out of New Jersey, Kyrillos said.
Both Kyrillos and Sweeney cited
examples of business owners and friends
who paid high estate taxes, including a
business owner who was brought to the
2:41 PM Page 1
brink of bankruptcy.
(Right) Also attending the lunch were Rick Genthe of Lincoln Property Company and
Everett Scott of PSE&G.
Photos: KramerImages
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Editor’s Clarification
In our last issue of Business Edge in our article about point-of-sale
technologies, we reported that credit card processing firm Premier
Payments had 400 merchant accounts. In fact, Premier Payments has
more than 5,000 accounts. Debbie Wolpov, Premier’s sales executive,
whom we quoted in the article, has more than 400 accounts herself.
In an additional comment not reported in the original article, Wolpov
told Business Edge she attributes much of her success to her active
membership in the Morris County Chamber of Commerce.
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Realogy’s story of staying in New Jersey
(Continued from page 1)
administration and within days had reached
an agreement to stay based on the EDA
incentive package.
several issues, including distressed office
parks and empty strip malls with high
turnover rates.
In the end, staying was the right thing
to do, Smith said, not for the economic
reasons but for the employees who had
stayed in the worst of times. Many were
underwater on their homes and, in the end,
the company felt it was not a fair reward
for all their hard work that pulled Realogy
out of economic distress to tell them the
company was moving and they would lose
their jobs, Smith explained.
MCEDC presents three annual awards
for efforts to attract or retain businesses in
Morris County each year at the luncheon.
“It was the right decision,” he said.
Meghan Hunscher, the new MCEDC
executive director, echoed Smith’s call for
change.
Despite the frequent statement by Rutgers
University economist James Hughes that the
suburbs are dying – he has noted for years
the population shift back to urban settings
– Hunscher said, “Things are changing, but
if we are resilient there is a lot of potential
with the change that is coming.”
She called for creative ways to address
The Business Attraction Award was given
to Dan Loughlin and Shawn Straka of Jones
Lang Lasalle Brokerage Inc. for arranging
a lease in Giralda Farms, Madison, to
Intervet, the animal health division of
Merck, Inc.
The Morris Member Council of the Morris County Chamber of Commerce gathers for
their most recent meeting. The council helps the chamber with member retention and in
developing way to deliver more value to
members.
The Real Estate Award in the Office
Category was presented to Timothy
Dempsey, Greg Maurer-Holleander and
Nick Savage of CBRE for securing a lease
for PwC on Park Avenue in Florham Park.
State Sen. Joseph Kyrillos, Jr. (left) chats
with state Sen. Anthony Bucco at the
Legislative Lunch hosted by the chamber.
The Real Estate Award in the Industrial
Category was presented to Chris Hale
of Jones Lang LaSalle Brokerages
Inc. for bringing the headquarters and
manufacturing operations of food products company Fratelli Beretta USA to the International Trade Zone in Mount Olive.
Photos: KramerImages
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The Cutting Edge ...
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Time is now for positive changes in New Jersey
We have lots of challenges in the Garden State and finally everyone is talking
openly about the impact on our future of taxes, pensions and our transportation
infrastructure. Not just talking but actually putting some passion and sense of
urgency into their concern about where we are going as a state and how we
meet our financial commitments.
Even our elected officials are much more dialed in on the consequences of the high costs we
pile onto our businesses and citizens. And they seem to be much more interested in talking about
this publicly, which is a good sign, in my view.
A few years ago the conversation about our non-competitiveness was not as pointed and harsh as
it is today thanks to the Mercedes departure and other high-profile exits to other states by leading
New Jersey businesses. Our front page story this issue reports on the views of Richard Smith, chairman and CEO of
Realogy Holdings. His brands/business puts him in a unique position to know about corporate
decisions that result in moving people in or out of our state.
Smith gave a very frank presentation at our Economic Development Awards Luncheon that
should be a clarion call to our elected officials that we cannot wait any longer to construct the road
map for a more competitive New Jersey. Not in five or 10 years but now. We risk more job losses
and missed opportunities for new investment in our state if we don’t commit to a new sense of
urgency for change. Perhaps we need a Newt Gingrich-type “Contract with New Jersey” that lays out a plan for the
steps we will take now to be a place where people want to come to rather than leave. Democrats
and Republicans have to come together on real solutions and that’s tough to do.
We still have lots of people in Trenton who believe that raising taxes is a legitimate option,
that there is no down side to taxing successful people. I believe this is proving to be untrue as
we witness more migration from New Jersey by companies and people of wealth. If this debate is
going to consume our time year after year, I am not optimistic about our opportunity for change.
We take a big financial hit every time another millionaire leaves our state and it won’t be pretty
when they’re all gone and the rest of us have to pick up the tab.
New Jersey has many positive attributes and a base to build on, including great schools, proximity
to the financial capital of the world and a talented work force. I’m not suggesting this will be easy
and there will be some real pain and sacrifice to get our house in order after the last 30 years of
fun and games in Trenton.
The governor’s Pension Commission just issued their “Truth & Consequence” report on pensions
and health benefits. They summarized many new avenues that could ultimately help ensure a sound
financial system for retiree benefits in the future, but not without some major changes in how we
manage this program today. If we do nothing, pension and health benefit costs will consume more
than 20 percent of the state budget in just a few years and the unfunded liability for both -- $90
billion today – will continue to grow.
The time for talking is just about over. If we don’t take actions now to convince companies and
individuals that New Jersey is taking steps to ensure a more competitive future, they will leave in
even bigger numbers than what we see today.
Paul Boudreau -
President Morris County Chamber of Commerce
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Inside Edge...
The board of trustees of Atlantic Health System recently appointed Brian Gragnolati
as the health care system’s new chief executive officer. Gragnolati had been serving
as senior vice president, Community Division, at Johns Hopkins Medicine in
Baltimore, where he was operationally responsible for three owned and two affiliated
community hospitals, numerous ambulatory and surgery centers and communityphysician integration while also leading the delivery system business development
activities in the United States and co-leading Hopkins’s efforts to expand its insurance
products, redefine and grow its geographic footprint and develop models of clinical
and financial integration. Gragnolati will replace outgoing CEO Joseph Trunfio, who
announced his retirement last October.
............................................................
Sussex Bank has announced the appointment of Aditya Kishore
as executive vice president/chief technology and chief operations
officer. Kishore has more than 25 years of banking experience with
a focus on technology and alternative delivery channels, as well
as operations management, which will provide Sussex Bank the
expertise to strengthen their digital banking services and enhance the customer’s experience with their technologytouch-points. He is a graduate of the University of Illinois with a master of science
degree in industrial and systems engineering.
The bank also announced that Samera Martinez has been named
vice president/business development sales manager of the Bergen
County market. Martinez has more than 26 years of banking
experience and prior to joining Sussex Bank was a product
relationship manager/regional loan officer with TD Bank.
............................................................
Wyndham Worldwide recently named Lucida Plummer as its new vice president,
diversity and inclusion. In this role she is responsible for leading the company’s global
diversity and inclusion strategy, working closely with internal and external business
partners in the execution of key diversity and inclusion initiatives and identifying
strategic opportunities and partnerships in alignment with diverse populations.
Plummer joins Wyndham from MetLife, where she served as head, global diver­sity
and inclusion business partnerships.
............................................................
Connell Foley LLP has announced that retired United States District Judge Joel
Pisano has joined the firm. Pisano will be Of Counsel to
Connell Foley, practicing in the firm’s Commercial Litigation,
Intellectual Property and Alternative Dispute Resolution
groups. After starting his career as a public defender and then
working in private practice, Pisano was appointed a United
States District Court Judge by President Bill Clinton in 2000,
where he served until his retirement in 2015. He is a graduate
of Seton Hall University School of Law and earned his
undergraduate degree from Lafayette College.
............................................................
Publisher: Paul Boudreau
Editor: Chris Reardon
Director of Advertising: Joanne Vero
Director of Graphics: John Tirpak
325 Columbia Turnpike, Florham Park, NJ 07932
Telephone: (732) 303-9377 Fax: (973) 377-0859
www.morrischamber.org
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In the Trenches
SYNERGY HomeCare has received the Best of Home Care Provider of Choice
Award, for the second year in a row, from Home Care Pulse. The award is given
to only the top-ranking home care providers based on client satisfaction scores
gathered by Home Care Pulse. SYNERGY HomeCare is now ranked among a
select few of home care providers across the country that have proven their ability
to provide outstanding care.
............................................................
Women emerging as key to economic success
By Christopher Reardon
Women are a growing force in the global
and U.S. economies and offer tremendous
opportunities for businesses and investors.
That was the message offered by Jackie
VanderBrug at this month’s Women in
Business luncheon, hosted by the Women
in Business Committee of the Morris
County Chamber of Commerce at the
Westin Governor Morris hotel. VanderBrug
is senior vice president and investment
strategist in the Portfolio Analytics,
Consulting and Institutional Group at U.S.
Trust, which sponsored the event.
VanderBrug quoted The Economist
magazine, Warren Buffet and the World
Bank as all talking about the importance
of women in today’s world economy – or
womenomics, as she called it.
Andrea Kao (left), owner of Run to 1 Coaching, and Jessica Guarnieri, registered
dietician of ShopRite of Greater Morristown, are pictured with part of their “8 Weeks
to Revolutionize Your Health” Thursday group and guest motivational speaker, Jay
Jacobs, a final four contestant of the Biggest Loser Season 11. All three are members
of the Morris County Chamber of Commerce, where they met and were able to develop
this collaborative event.
............................................................
The Provident Bank and its wealth management subsidiary, Beacon Trust
Company, recently participated in National Go Red For Women Day. Employees
were encouraged to wear jeans and something red for the day and donate $5 to
support the cause. Registered nurses from Raritan Bay Medical Center and Easton
Home Health were on site at six bank locations in New Jersey and Pennsylvania to
provide blood pressure screenings and distribute heart healthy information.
The Provident Bank Foundation also donated $3,000 to the New Jersey chapter
of the American Heart Association for their annual Go Red for Women luncheon,
resulting in a combined total donation of more than $5,000.
The bank also recently participated in Read Across America Day as bank
employees read children’s books to pre-school children at Clark Preschool,
YMCAs of Metuchen, Edison, Woodbridge and South Amboy locations and at the
Head Start of Lehigh Valley. Employees also generously donated more than 200
children’s books to support the cause.
“The rising economic power of women
is fundamentally changing the planet,” she
said.
VanderBrug noted that women hold 57
percent of the bachelor’s degrees in the
United States, 60 percent of the master’s
and 51 percent of the doctorates.
“When you are going to ask the question,
who’s going to win the war for talent, you
have to be able to recruit women,” she said.
VanderBrug noted that women-owned
businesses in the United States are
expected to create half the jobs in the next
five years.
Regarding control of wealth, VanderBrug
shared these facts:
• U.S. Women are now the primary breadwinners in 40 percent of homes.
• They will control 50 percent of private wealth by 2020, versus 43 percent today.
•
Women are better at saving money than are men. In addition, women reinvest 80 percent of their money in human services – the home and family – much more than men do, she explained.
“Why does it matter?” she asked.
“Because women make different choices
with their money.”
Women control 80 percent of consumer
purchasing and 74 percent of women want
to know the social responsible behavior of
the brands they buy, VanderBrug said.
Provident Bank employees wore red to celebrate National Go Red for Women Day to
raise awareness of heart disease in women. The Provident Bank, Beacon Trust and
The Provident Bank Foundation raised more than $5,000 to support the American Heart
Association.
The emerging economic influence of
women also makes them strong candidates
for investment capital, VanderBrug added.
(Continued on page 11)
7
There are a billion women in emerging
economies looking to join the global
economic community, she said. Yet they
traditionally have less access to capital than
do men. Globally, women entrepreneurs
are seeking a trillion dollars in investment
and investors are beginning to see they are
missing an opportunity.
VanderBrug touched on workplace
equality, as well, noting that companies
with three or more women in their board
have a 53 percent higher return on equity
than those with fewer.
In short, viewing the issue of women in
the economy through what VanderBrug
called the gender lens offers businesses
and investors a variety of opportunities.
“There’s an opportunity to use the gender
lens wherever you are (and) whatever your
business is,” she said.
Rachel Durkan, owner of marketing and
graphic design agency Paradigm Marketing
and Design, liked that VanderBrug gave
hard facts and statistics.
“This event was substantially informative
in that I can take back what I heard and
apply it to my clients in how they make
decisions going forward,” she said.
Durkan cited the fact that 74 percent
of women want to know the social
responsibility of the brands they buy. She
also noted that women invest much more
in their family and home than do men, who
are more likely to reinvest in their business. “That is important to my clients,” she said.
Bethany Rightmyer, who works in sales
at telecommunications services provider
Client Instant Access, found VanderBrug’s
message meaningful in a personal way.
“She definitely hit on points I’m
concerned with,” she said. “It was
interesting to see how women spend more
on their families and communities than
men.”
Rightmyer said after listening to
VanderBrug’s talk she concluded that if
more women were in higher positions in
the business world there would be greater
investment in the community and society
would benefit as a whole.
She also noted she learned, while women
are given fewer opportunities, “if there’s a
will, there’s a way,” she said. “Hard work
pays off.”
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CPA firm serving the region from Morristown for 60 years.
Trusted advisors to business entrepreneurs, professionals
and executives. Audit, tax and estate planning services.
WithumSmith+Brown, PC
465 South Street, Suite 200, Morristown, NJ 07960
Phone: Kirk Holderbaum, 973-898-9494
Fax: 973-898-0686
www.withum.com
WithumSmith+Brown, PC serves some of the best companies across the MidAtlantic region and worldwide for 40 years, offering a variety of services and
specialized support to more than 12 major industry sectors.
Architects/Engineers
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Assisted Living
Sunrise Senior Living
209 Littleton Road, Morris Plains, NJ
Phone: Denise Falco, 862-485-9122
www.SunriseSeniorLiving.com
Sunrise Senior Living provides high quality Assisted Living
and Memory Care services in 4 locations in Morris County
including, Morris Plains, Randolph Madison and Florham Park.
Fulton Bank of New Jersey
425 Main Street, Chester, NJ 07930
Phone: Steve Miller, 908-955-8101
Fax: 908-879-5535 www.fultonbanknj.com
Fulton Bank of New Jersey, with its regional headquarters in Chester, NJ,
provides an array of financial services to customers throughout the state
of NJ with 71 conveniently located branches and ATM’s.
Garden Savings Federal Credit Union
(See our ad on page 10)
129 Littleton Road, Parsippany NJ 07054 Phone: Michael Powers, Chief Sales Officer
973-576-2000 Fax: 973-316-0317
www.GardenSavings.org
Garden Savings is a full-service financial
institution headquartered in Parsippany, NJ. Enhance your employee benefits
by providing credit union services from Garden Savings.
Attorneys
The Bianchi Law Group, LLC
4 York Avenue, 2nd Floor, West Caldwell, New Jersey 07006
Phone: Robert A. Bianchi, 862-210-8570
Fax: 862-210-8761
bianchilawgroup.com
Certified Criminal Trial Attorneys
and Former Prosecutors, Robert A. Bianchi and David J. Bruno, partner
together at The Bianchi Law Group, LLC, an aggressive and result-oriented
litigation law firm.
Bressler, Amery & Ross, P.C.
325 Columbia Turnpike
Suite 301, Florham Park, NJ 07932
Phone: Michael T. Hensley, 973-514-1200
Fax: 973-514-1660
www. bressler.com
Bressler, Amery & Ross, P.C. provides results-oriented, cost-effective legal services
to Fortune 500 corporations, privately held companies, brokerage firms, banks,
franchises, insurance companies, non-profit institutions and individuals.
Law Office of Jane M. Coviello, LLC
233 Mt. Airy Road, First Floor, Basking Ridge, NJ 07920
Phone: Jane Coviello, 908–502-5080
Fax: 866–834-8552
www.janecoviellolaw.com
The firm serves businesses throughout their life cycles – from entity formation
through all manner of transactions related to sales, licensing, marketing, and use
of technology and the Internet.
Resnick Law Group, P.C.
5 Becker Farm Road, 4th Floor, Roseland, NJ 07068
Phone: Gerald Jay Resnick, 973-781-1204
Fax: 973-781-1205
www.thenjemploymentlawfirm.com
Employment law firm serving NJ and NY employees in workplace disputes against
their employers, including matters involving wrongful termination, harassment,
discrimination, retaliation, wage and hour, employment contracts, non-compete
agreements, and more.
XCEL Federal Credit Union 1460 Broad Street, Bloomfield, NJ 07003
Phone: Tom Quigley, 800-284-8663 x3041
Fax: 201-714-5741
www.XCELfcu.org
XCEL Federal Credit Union was founded in 1964 by the
employees of the NY/NJ Port Authority. Today, ANY local
company can join—and it’s FREE. Call today 201-499-1656.
Business Process Outsourcing
Solix, Inc.
30 Lanidex Plaza West
P.O. Box 685, Parsippany, NJ 07054
Phone: 800-200-0818
[email protected]
www.solixinc.com
Smart, cost-effective and compliant outsourcing solutions including eligibility
determination, qualification program management and customer care services
for government, telecommunications, broadband, utility and healthcare
organizations.
JMF Construction, LLC
27 Jackie Drive, Long Valley, NJ 07853
Phone: Joseph M. Fernandez, 908-269-8293
[email protected]
We are a Architectural Woodwork, Fine Finish Carpentry and Remolding
Company specializing inKitchen and Bathroom remolding, Custom decks,
Portico’s and Fine Furniture and Cabinetry.
Schenck, Price, Smith & King, LLP
220 Park Avenue, PO Box 991, Florham Park, NJ 07932
Phone: Edward W. Ahart, 973-539-1000
Fax: 973-540-7300
www.spsk.com
Schenck, Price, Smith & King, LLP is a full-service law firm
located in northern New Jersey, whose attorneys serve businesses and
individual clients throughout the state and region.
Atlantic Stewardship Bank 2 Changebridge Road, Montville, NJ 07045
Phone: John M. Willis, 201-493-6421 or
Harry Yazidjian, 201-493-2941
Fax: 973-541-4806 www.asbnow.com
Atlantic Stewardship Bank is a full service
commercial bank offering a comprehensive line of products and services
for individuals and businesses of all sizes located in northern New Jersey.
Commercial services include business online banking, cash management,
remote deposit capture and a variety of commercial lending options.
Sussex Bank (See our ad on page 10)
100 Enterprise Drive, Suite 700, Rockaway, NJ 07866 Phone: 844-CLOSE-2-U: (844-256-7328)
Fax: 973-989-4192 www.sussexbank.com
Established in 1975 by several local businessmen,
Sussex Bank serves a wide range of commercial and residential
customers across the Northern New Jersey & NY Metro Market. Our
mission is to be the premier Business Bank in the communities we serve!
Construction/Remodeling
Riker Danzig Scherer Hyland & Perretti LLP
One Speedwell Avenue
P.O. Box 1981, Morristown, New Jersey 07962
Phone: Glenn A. Clark, 973-538-0800
www.riker.com
Strong practices in litigation, insurance law, corporate law,
bankruptcy, employment law, public utilities, environmental
law, real estate, tax and trusts & estates and governmental affairs.
Country Club
Basking Ridge Country Club
(See our ad on page 2)
185 Madisonville Road, Basking Ridge, NJ 07920
Phone: Kelly Pantone, 908-766-8200 x116
Fax: 908-953-8097
www.baskingridgecc.com
Basking Ridge Country Club is a private, family-oriented golf
and swim club. Affordable membership opportunities are
available that do not require a bond or initiation fee!
Banks/Credit Unions
H2M Architects + Engineers
119 Cherry Hill Road, Suite 200, Parsippany, NJ 07054
Phone: Sui Y. Leong, 862-207-5900
Fax: 973-334-0507
www.h2m.com
H2M provides architectural, engineering and environmental
testing laboratory services for both the private and public sectors
in New Jersey, Long Island and the Tri-State Areas.
O
M M E o Rr yC
D irect
Financial Consulting for College
College Financial Consultants
Florham Park, NJ 07932
Phone: Julie Gross, 973 369-7272
Fax: 973 629-1123
www.collegefinancial-consultants.com
COLLEGE FINANCIAL CONSULTANTS has been successfully helping families
with college bound children through the very complicated financial aid process
for over 25 years.
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Health and Wellness
Executive Health Program (EHP)
at Atlantic Health System
111 Madison Avenue – Suite 400, Morristown, NJ 07960
Phone: Katherine M. Ungar, 973-971-6848
www.atlantichealth.org/executivehealth
At EHP, clients have access to top level specialists,
the most advanced diagnostic tools and the latest in
evidence-based treatment and preventive medicine – all in one day.
Higher Education/University
Fairleigh Dickinson University (See our ad on page 3)
285 Madison Ave., M-R10-01, Madison, NJ 07940
Phone: Susan Brooman, 973-443-8905 [email protected] www.fdu.edu/grad
Advance or change your career with an MBA or MS in
Accounting, Tax or Supply Chain Management (NEW in Fall’14) from one
of the best B-schools; or earn a degree in one of 60 programs in Clinical
Mental Health Counseling, Industrial/Organizational Psychology, Leadership,
Corporate Communication, Education, Homeland Security, Hospitality (ranked
4th nationally). In class, online & blended degree and certificate programs.
Scholarships & fellowships available. Attend an Information Session.
The College of Saint Elizabeth 2 Convent Road, Morristown, NJ 07960-6989 Phone: 800-210-7900
Fax: 973-290-4710 www.cse.edu
Established in 1899, the College of Saint Elizabeth
enrolls more than 1,500 full- and part-time students, both men and women,
in more than 18 undergraduate plus graduate and doctoral programs.
Hospital
Kindred Hospital – Morris County 400 West Blackwell St., Dover, NJ, 07801
Phone: Michael Pizzano, 973-537-3818
Fax: 973-537-3895
www.khmorriscounty.com
Kindred Hospital of Morris County provides aggressive, specialized
interdisciplinary care to medically complex patients who require extended
recovery time.
Insurance
Gerrity, Baker, Williams Inc. 3 Gold Mine Road, Flanders, NJ 07836
Phone: Glenn K. Tippy, 973-426-1500
Fax: 973-426-9545
www.GBWinsurance.com
At GBW Insurance, we work with businesses
and their owners to help them find the right protection.
Farmers Insurance 300 Interpace Pkwy, Parsippany, NJ 07054
Phone: Derrick Canada, 973-265-3830
Fax: 973-265-3917
www.farmersnorthjersey.com
Be Your Own Boss! At Farmers Insurance, we’re seeking entrepreneurialminded individuals who want to lead and build a successful business, with
financial support and training from Farmers.
Otterstedt Insurance Agency 291 Morris Avenue, Summit NJ 07901
Phone: John G. Nufrio CIC, ARM, 908-273-2422
Fax: 201-227- 5031
www.otterstedt.com
We are a full service insurance agency servicing our
clients business and individual insurance needs since 1919.
Plymouth Rock
1 Madison Avenue, Suite W-105, Morristown, NJ 07960
Phone: John E. Hickey, 973-267-4970
Fax: 973-267-4876
www.prudential.com/us/j.hickey
As a financial professional with 21 years of experience,
I am licensed to offer life, health, long-term care, auto and home insurance....
C oBnnecti
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Office Equipment Provider
Premium Digital Office Solutions LLC
25 Riverside Drive Suite 3
PO Box 838, Pine Brook, NJ 07058
Van Seretis: 973-439-1570
Fax: 973-439-1576 www.premium-digital.com
Premium Digital provides office equipment including multifunctional copiers,
printers, document management and IT solutions. We pride ourselves on our
commitment to customer service which has built trust in our relationships over
the years.
Painting and Carpentry
CertaPro Painters of Morristown
45 S. Park Place, #352, Morristown, NJ 07960
Richard Webber: 862 222 4055
Fax: 973 255 1002
www.morristown.certapro.com/
Residential and commercial painting contractor specializing in both interior
and exterior surfaces. CertaPro also provides carpentry services. Our
trademark Certainty Service System guarantees extraordinary customer
experiences.
E
Utility
New Jersey Natural Gas
P.O. Box 1464, 1415 Wyckoff Road, Wall, NJ 07719
Phone: 732-938-1000
www.njng.com
New Jersey Natural Gas serves over half-a-million
customers in Monmouth, Ocean, Middlesex and Morris counties, meeting
customers’ expectations for value and reliability every day.
Wireless Communications
Communications Service Integrators
45 Perry Street, Chester, NJ 07930
Phone: Sandy Drysdale, 908-879-2525
Fax: 908-879-2322
www.csiradio.com
Communications Service Integrators provides an integration of the most progressive communications technology available in the industry— two-way radio,
wireless network, system design, system consultation, FCC assistance for on-site
facilities communications as well as wide area communications coverage.
Real Estate
Mack-Cali Realty Corporation
343 Thornall Street, 8th Floor, Edison, NJ 08837
Diane Chayes, 732-590-1000
Fax: 732-205-8237 www.mack-cali.com
Mack-Cali Realty Corporation is among the country’s largest real estate
investment trusts (REITs). Mack-Cali owns and manages premier office
buildings and luxury multi-family communities throughout the Northeast.
Schools; Special
Montgomery Academy 188 Mount Airy Road, Basking Ridge, NJ 07920
Phone: Anthony Gebbia, Executive Director, 908-766-0362
Fax: 908-766-0936
www.montgomeryacademyonline.org
For over 40 years, Montgomery Academy has served
students ages 5 - 21 with special needs not met in
conventional public school settings. Montgomery Academy Where You Can Be Yourself!
Senior Care Services/Home Care
Senior Home Care Services
152 Speedwell Ave, Morristown, NJ 07960
Phone: 973-538-HELP (4357)
www.SeniorHomeCareServices.com
Senior Home Care Services treats every senior
like a member of their own family. They have been helping seniors find
compassionate, qualified caregivers for 14+ years.
Seniors Helping Seniors
78 DeForest Avenue, East Hanover, NJ 07936
Phone: Doris Dorey, 973-435-4873 www.SeniorsHelpingSeniors.com/MorrisCounty
Seniors Helping Seniors is a unique home care
company that matches seniors who need help with seniors who want to help.
Our caring and compassionate senior providers relate to the life experiences of
those they care for. [email protected]
Staffing and Recruiting
Penmac Staffing Services, Inc.
9 Whippany Road, Unit A1-14, Whippany, NJ 07981
Raymond Matusz, 862-701-5331
Fax: 862-701-5333
www.penmac.com
Penmac Staffing provides temporary and long-term
staffing solutions. We recruit, screen, and hire for the manufacturing, logistics,
clerical, and transportation industries.
Now you can
advertise in
13 issues of
Business Edge
for only
$550.00!
Add your
company’s listing
to our Business
Connection
Directory and
reach a
readership of
over 66,000.
Moving and Storage
The Padded Wagon
281 Route 206 South Branchville, NJ 07826
Billy Lockwood: 973 335 5055
www.paddedwagon.com
The Padded Wagon Moving is a full service
moving and storage company providing packing, crating and shipping of
residential and commercial goods locally, interstate and internationally.
Systems Engineering
RDM Engineering
(See our ad on page 11)
66 Pond Hollow Drive in Oak Ridge, NJ 07438
David J. Rychalsky, 973-874-0251
www.rdm-engineering.com
RDM Engineering is a New Jersey small business
engineering firm, supporting all aspects of the Mortar
& Common Fire Control division of the US Army.
9
For more information,
call 732-303-9377
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Why? Because you deserve it!
35-month
IRA with a
1.50%
APY*
on balances of
$1,000 or
more
(844) CLOSE-2-U
(844) 256-7328
sussexbank.com
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Sometimes
ze
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S
doeSn’t matter
In all our efforts to become closer to you;
we offer competitive rates with a
personalized experience beyond compare!
Ask about our:
• Totally Free Checking
• Free Debit Cards
• Free Online Banking
• Free Mobile Banking with Android and iPhone Apps
• Free e-Statements
• Tri-State Insurance Agency – a wholly-owned subsidiary
Toll-Free:
F
Working with a larger CPA firm can have you feeling like a number.
At Magone & Company, you’ll benefit from the personal service and partner involvement
that sets us apart, without giving up the technical expertise, business experience and
“Big Four” perspective you deserve.
We go beyond the numbers — and beyond the typical accounting, audit and tax —
with services and insights to help accelerate your business growth:
• Pension plan audits
• ASC 740 standards
• International tax planning
• Forensic accounting
• Litigation support
• Business valuation
• Operational review
• Due diligence
• Managed accounting
services
… plus much much more!
We are the bank that understands your needs
and wants to reward you for being YOU!
In NJ: Andover • Augusta • Franklin • Hackettstown • Montague • Newton • Sparta • Vernon • Wantage — In NY: Port Jervis
* Annual Percentage Yield (APY) is accurate as of 2/17/15 and subject to change at any time without notice. Fees may reduce earnings. Visit sussexbank.com or contact a Bank Representative for current rates,
terms and account requirements. Offers apply to personal accounts only. Funds must come from a source outside Sussex Bank. FDIC insurance up to $250,000 per depositor, per insured bank, for each ownership
category. Offer expires on April 15th, 2015. The minimum balance required to open this IRA and obtain the APY is $1,000 and must be deposited in a single transaction. Offer applies to new Traditional or Roth IRAs only.
After maturity, if you choose to roll over your IRA, you will earn the base rate of interest in effect at that time. A penalty may be imposed for early withdrawals. Please consult a tax advisor.
Magone & Company, P.C.
Call (973) 301-2300 or visit
MagoneCPAs.com to see why
bigger doesn’t always mean better.
Certified Public Accountants
& Business Consultants
30 Columbia Turnpike, Suite 101, Florham Park, NJ 07932 • (973) 301-2300 • www.magonecpas.com
Enhance Your Employee Benefits
Package At Absolutely No Cost!
A Full Menu of
Financial Products
and Services
Including ...
• Over 70,000 Surcharge-Free ATMs
• 5,000 Shared Branch Locations
• First Mortgages
• New/Used Auto Loans
• Checking Accounts
• Money Market Accounts
• Certificates & IRAs
• Visa® Credit Cards
• Home Equity Loans
• Free On-Line Banking/Bill-Pay!
www.gardensavings.org
Call 973-585-3166
for Details on How to Add the Free Benefit of
Credit Union Membership to Your Organization Today
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BESURE,
SURE,INSURE!
INSURE!
BE
Edge into Small Business...
to place your business card in the
“Edge into Small Business” section,
call 732-303-9377
Inside Edge
(Continued from page 7)
Berkeley College has announced it will offer its first master’s degree program — a
Master of Business Administration in Management — beginning in September 2015.
The MBA program will deliver classes that were developed with recommendations
from business and industry leaders and will allow students to gain the knowledge
required to excel in a technology-driven and diverse business environment. The MBA
in Management will be taught at the School of Graduate Studies in Woodland Park.
............................................................
Net Access, a leading provider of hybrid co-location, cloud and connectivity
solutions, has expanded their FLEXOfficeRecovery footprint with the addition of
more than 30,000 square feet of business continuity workspace in northern New
Jersey. FLEXOfficeRecovery offers businesses a move-in ready, secure and connected
work environment to seamlessly continue operations in the event that their main office
becomes inaccessible. The new purpose-built facility is located in Cedar Knolls
............................................................
Addy Bonet, the new executive director of the Jewish Vocational Service of
MetroWest NJ has named Addy Bonet their new executive director, the first non-Jew
and first female to hold the position at the 75-year-old agency. She succeeds Nancy
Fisher and Caren Ford, who served jointly as the organization’s interim executive
directors since May of 2013. Bonet, who assumed her post on Jan. 5, has 27 years
of experience in the world of nonprofit management. She worked at YMCAs in Red
Bank, Hoboken and Plainfield and for the past five years has served as the New Jersey
director for the March of Dimes.
Correction: In the March issue of Business Edge Norris McLaughlin & Marcus, PA
was identified as is an accounting firm. They are a law firm.
11
No obstacle is insurmountable with the right partner.
On the path to drive growth and sustain profitability, the right team is critical.
Friedman professionals deliver high-performance accounting, tax and business
advisory services with precise timing, clear communication and strategic
guidance to help you clear any hurdle on the way to the winner’s circle.
Your livelihood, empowered.
New York New Jersey Pennsylvania Beijing friedmanllp.com
[email protected]
© 2015 Friedman LLP. All rights reserved.
An Independent Member Firm of DFK with offices worldwide.
|
877.538.1670
HEADQUARTERS OPPORTUNITY
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HEART OF DOWNTOWN MORRISTOWN
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• Adjacent to Dalton parking garage
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restaurants and close to NY trains
Dalton Garage
Morristown Courthouse
For more information, contact:
Chris Conklin
+1 973 939 3863
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Leasing agent:
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+1 973 404 1474
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Roots Steakhouse
3/17/2015 4:26:23 PM