Month: June 2019

13 earn EY Entrepreneur of Year Award for New Jersey

EY announced the winners of its annual Entrepreneur of the Year for New Jersey last week.

The 13 winners (in 11 categories) will not compete in EY’s national contest, where winners advance to a world competition.

Debra von Storch, EY Americas Entrepreneur of the Year program director, praised the group.

“There are many successful entrepreneurs in this world, but to build something truly remarkable, you can’t let anything stand in your way,” she said in a statement.

Since its founding in 1986, the program has expanded to recognize business leaders in more than 145 cities in more than 60 countries throughout the world.

The winners for the Entrepreneur of the Year 2019 New Jersey Award include:

John Ther
Amarin Corp.
Bedminster

Neel Premkumar
Dyla LLC
West New York

Frank Dombroski
FlexWage Solutions LLC
Mountainsid

Mike Bryzek and Rob Keve
Flow.io
Hoboken

James R. Maida
Gaming Laboratories International LLC
Lakewood

Michael Kane
Kane Brewing Company LLC
Ocean

Joe Lorenzo
Lorenzo Food Group
Englewood

Arthur Souritzidis
Momentum Solar
South Plainfield

Patrick Treacy
Onkos Surgical
Parsippany Troy Hills

Abby Taylor and Rob Giuliani
Playa Bowls
Belmar

Jenny Cohen
Triangle Home Fashions LLC
Dayton

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K&G Fashion Superstore leases 22K sq. ft. in Woodbridge

K&G Fashion Superstore, a men’s and women’s clothing store, has leased 22,000 square feet of space at the Woodbridge Crossing shopping center in Woodbridge, according to real estate investment firm PAG Investments.

K&G is joining other retailers at the center including Burlington, Big Lots, Modell’s, Party City, Fed-Ex, Miracle Ear, Sprint, Planet Fitness and Altitude Trampoline Park.

PAG Investments acquired the center located at 465 Green St. in February.

“We are very pleased with the leasing velocity which is a testament to the center and the greater Woodbridge market,” Gershon Alexander, principal at PAG Investments, said.

The lease was brokered by Sabre Real Estate Group LLC.

Financial terms were not disclosed.

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More By Emily Bader

Woodmont Properties cuts ribbon on Woodmont Bay Club, a new luxury community in Bayonne

Real estate developer Woodmont Properties recently hosted a ribbon-cutting ceremony for Woodmont Bay Club, a new luxury residential community in Bayonne.

The 220-unit, four-story community features studio, one-, two- and three-bedroom homes up to 1,500 square feet, Woodmont said.

“Woodmont Properties promised and delivered an incredible community,” Bayonne Mayor James M. Davis, who attended the ceremony, said. “We now have a thoughtfully-designed luxury community which not only enhances the beautiful natural landscape of Bayonne but directly benefits its residents, and — of course — the people of Bayonne.”

Executives from Woodmont Properties, including Eric Whitmondt, CEO; Lewis Zlotnick, president; Stephen Santola, executive vice president and general counsel; Steven Varneckas, senior vice president; Daniel Miller, chief financial officer; and Howard Irwin, senior vice president of construction, attended the event.

“We’re thrilled to officially open this sensational community, which not only offers a modern living experience but caters to residents’ desire to enjoy Bayonne’s beautiful landscape and green space just outside their doors,” Zlotnick said. “Woodmont Bay Club provides a unique blend of luxury amenities in a stand-out location, which offers convenient access to 140 acres of outdoor recreation including a three-mile waterfront walkway and scenic nature trails.”

The property features amenities including a shuttle to the PATH train; a sky lounge with water and park views; a club lounge; a strength and cardio center; business center; a private parking garage; game room; pet spa; golf simulator; a resort-style pool with a sundeck and spa; BBQ and picnic areas; 24/7 package concierge service; and more.

Woodmont Bay Club is within close access to routes 78, 1 and 9, and the New Jersey Turnpike.

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More By Emily Bader

Mysterious Rash Of Little League Thefts Expands To 7 NJ Counties

A very strange pattern of burglaries and thefts is taking place at the most unlikely places across New Jersey: Little League concession stands.

Police in seven counties are now seeking information on suspects in burglaries of Little League snack stands. Two counties have even released photographs of possible suspects.

The latest report came from Camden County, where police are investigating a burglary at the North Camden Little League snack stand this week.

Overall, police are asking for help in tracking down suspects who broke into at least 27 concession stands at Little League, school and community recreation fields since April.

The Morris County Sheriff’s Office says the burglaries, which began after April 24, were also reported in Morris, Bergen, Essex, Middlesex, Passaic and Sussex counties.

Another recent break-in happened sometime between the evening of Wednesday and the morning of Thursday at a concession stand at Overpeck County Park in Paramus, police said.

According to authorities, many of the break-ins involve significant damage to the doors of the structures and theft of cash, candy, beverages and other items.

Surveillance images of a man and woman whom authorities suspect targeted the concession stands were captured at the Woodbridge Little League concession stand on Van Buren Street in Woodbridge. Additional images were captured at stands in Teaneck and Hasbrouck Heights in Bergen County.

The largest theft so far netted the perpetrators as much as $700 in cash authorities said. Beyond cash or items stolen, the thieves caused significant damage while breaking in. Some local businesses have stepped forward to assist with paying for repairs, authorities said.

Morris County Sheriff’s Office Systems Analyst Jane Recktenwald, who oversees the Office Trends and Analysis Unit known as MCSTAT, is gathering and assessing data and working cooperatively with police in all the affected municipalities on the crime they have in common.

“This is a prime opportunity for law enforcement agencies to share intelligence to apprehend perpetrators who are stealing from children, their families, schools and recreation programs that count on concession stand sales to support Little League and other sport activities,” Morris County Sheriff James M. Gannon said.

Recktenwald said concession stand operators are advised to remove cash from the premises upon closing and try to secure or lock up candy, beverages and other sale items while police are advised to make frequent checks of concession stands in their communities.

In North Camden, the crime occurred at the snack stand building near the corner of 6th and Erie Streets on Wednesday, according to Camden County police.

Items stolen from the kitchen area inside the building included a flat-top grill, refrigerators, a water ice freezer, a deep fryer, coolers and a microwave, along with food and beverages such as hot dogs, hamburgers, rolls, soda and Gatorade, plastic containers and cutlery, police said.

Police released photograph of a white pickup truck that was used to take some of the kitchen equipment from the building, as well as a photograph of a suspect pushing a water ice freezer away from the building.

If you have any information about this crime or any of the suspects involved, please call the Camden County Police Department tip line at (856) 757-7042.

Morris and Passaic counties have been targeted most frequently so far, with eight concession stands reportedly burglarized in each authorities said.

Morris County Sheriff’s Office Crime Scene Investigation (CSI) detectives are assisting in the investigations, including collection of evidence, within Morris County.

The Morris County burglaries include:

  • Parsippany-Troy Hills E. Little League on May 2;
  • Jefferson Parks Department concession stand between May 11 and May 13;
  • Burnham Park Little League concession stand between May 15 and May 16.
  • Lake Parsippany Park concession stand between May 24 and May 27;
  • Madison High School concession stand between May 31 and June 1;
  • Dodge Field in Madison concession stand between May 31 and June 2;
  • Anderson Field in Kinnelon concession stand between June 6 and June 7;
  • Donatoni Park concession stand, Rockaway Borough, break-in reported June 20.

Bergen County authorities are investigating related burglaries at four stands in:

  • Elmwood Park
  • Paramus
  • Teaneck
  • Hasbrouck Heights

In Essex County, stands were burglarized in:

  • Belleville
  • Livingston
  • Verona

In Middlesex County, a concession stand was broken into in Woodbridge.

In Passaic County, thieves burglarized the same stand twice in Totowa, two separate fields in Clifton, and stands in Wayne, Paterson, Little Falls and Bloomingdale.

In Sussex County, two stands in Stanhope Borough were burglarized.

With reporting by Russ Crespolini, Patch Staff

Powerball Winning Numbers For 6/22/2019 Drawing: $108M Jackpot

The Powerball jackpot continues to inch upward, sitting at $108 million for the winning ticket on Saturday, June 22. The one-time cash payout for tonight’s Powerball drawing will be $70.4 million.

The winning Powerball numbers are drawn every Wednesday and Saturday at 10:59 p.m. Eastern time, with Powerball results usually posted within five minutes.

In most states, ticket sales halt at least one hour before the drawing, but a state is allowed to end sales earlier, such as Illinois, which stops sales three hours before the drawing. In Maryland and New Jersey, ticket sales end at 9:59 p.m.; in Virginia, they close at 10 p.m. Check with your state lottery for the cut-off time.

The winning Powerball numbers for Saturday, June 22, are: 03, 06, 11, 14, 66 and the Powerball of 21.

The largest Powerball jackpot in history was $1.586 billion, which was shared by winners in California, Florida and Tennessee in January 2016.

A player in South Carolina claimed the $1.6 billion Mega Millions jackpot on Oct. 23, 2018, game officials said; the winner chose not to be identified.

To win the Powerball jackpot a player must match all five white balls in any order and the red Powerball number. The odds of picking the correct Powerball grand prize numbers are one in 292,201,338, which doesn’t change even if more players buy tickets when the jackpot is huge.

You have a better chance of hitting the Powerball jackpot if you let the computer select your numbers, according to the officials with the lottery. About 75 percent of winning tickets over the years had numbers picked by a computer.

Powerball tickets cost $2 apiece. Find locations where you can buy your Powerball tickets here.

These are the five largest Powerball jackpots in the game’s history:

  • $1.586 billion, Jan. 13, 2016
  • $768.4 million, March 27, 2019
  • $758.7 million, Aug. 23, 2017
  • $688 million, Oct. 27, 2018
  • $590.5 million, May 18, 2013

Winners can choose to either have the full jackpot amount paid out in 30 installments over 29 years, or winners can take one lump sum payment that is smaller than the actual total.

Judge Gives Sentence To Convicted NJ Murderer In Sarah Stern Case

Share-worthy stories from the New Jersey Patch network to talk about tonight:

Judge Gives Sentence To Convicted NJ Murderer In Sarah Stern Case

A decision was made regarding the man convicted of throwing Sarah Stern’s body into a New Jersey river.>>>Read more.

Update On Alleged NJ Double Murder: Man’s Chase On Facebook Live

UPDATE: A suspect in the double murder of a young boy and grandmother streamed himself on Facebook Live during a police chase on Thursday.

Woman Rescues 2 In Serious Accident On Route 70

Catherine Gray saw a car in front of her flip several times on Route 70 in Cherry Hill Wednesday, then moved to save a woman and child.

‘So Senseless:’ Report Says NJ Man Died In Police Chase

Questions have been raised since a New Jersey man died mysteriously died this week. Daily Voice reported that he was in a police chase.

NJ Progressives Blast Booker Fundraiser With Norcross, DiVincenzo

George Norcross is joining with Joe DiVincenzo to raise money for Sen. Cory Booker’s 2020 presidential campaign, activists said.

Also Worth a Look Today

Across America

Patch PM shares a few of the day’s must-read items from our New Jersey network. Thank you for reading.

Murphy meets with Colombian Ambassador; discusses potential trip to Latin America

Gov. Phil Murphy met with Colombian Ambassador Francisco Santos Calderón this week to discuss the importance of the country’s economic value to New Jersey, as well as a potential trip to Latin America and opening the door for greater economic ties.

The meeting was attended by Statewide Hispanic Chamber of Commerce chairman Luis De La Hoz, Choose New Jersey CEO Jose Lozano and other representatives from the state and the Economic Development Authority.

“We discussed if (New Jersey) is considering an office in Latin America, please consider Colombia,” De La Hoz said.

Companies including Google, Uber and Amazon already have laid the foundation for a Colombian office by opening their own Latin American hubs in Colombia.

In addition, De La Hoz, a Colombian-American, said the governor could plan a trip to Latin America next year, as well as plan to visit the presidents of the various countries at the United Nations General Assembly in September.

“We are pushing that he visit Latin America, especially Colombia, Ecuador, Peru and Mexico — not just because of the population, but because of the trade,” De La Hoz said.

“The Dominican Republic has a larger population (in New Jersey), but because it’s an island, you cannot grow the trade (with them) and they don’t produce many products or services that we can trade with them.”

De La Hoz said agriculture and infrastructure, as well as health care, are sectors that provide the best opportunity for greater ties.

According to information from the Economic Development Authority, as of 2018, Colombia’s impact is $1.25 billion in trade of goods, and the country is the sixth-largest goods export market of New Jersey in Latin America.

The sectors New Jersey exports to Colombia most include essential oils and perfumes, nuclear reactors, boilers and machinery and other chemical products. New Jersey largely imports mineral fuel and oil from Colombia.

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More By Robert F. Russo

Ørsted, PSEG selected to build off-shore wind farm off coast of Atlantic City

An offshore wind farm is coming to New Jersey. Finally.

Friday, the state Board of Public Utilities announced it has selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from Public Service Enterprise Group, to develop an 1,100 MW offshore wind farm.

Ørsted and PSEG officials say the farm will power more than half a million New Jersey homes and will contribute significantly to Gov. Phil Murphy’s ambitious renewable energy goal of supplying more than 1.5 million New Jersey homes with offshore wind power by 2030.

Construction on Ocean Wind, which will be located 15 miles off the coast of Atlantic City, is expected to start in the early 2020s, with the wind farm operational in 2024, the parties said.  At 1,100 MW, Ocean Wind is expected to create over 3000 direct jobs annually through development and three-year construction cycle.

Ørsted will work with PSEG’s non-utility affiliates, which will provide energy management services and potential lease of land for use in the project development and execution phase.

PSEG, which serves 2.2 million electric customers in the state and has a long development partnership with Ørsted , has an option to become an equity investor in the Ocean Wind project.

“Today’s announcement firmly establishes a fast-growing global industry in New Jersey, which will create jobs and supply chain in the state,” Thomas Brostrom, CEO of Ørsted U.S. Offshore Wind and president of Ørsted North America, said in a release.

The battle to get approval for wind energy in the state has been fought for many years. Brostrom said today’s news is good news for the state long term.

“Ocean Wind will ensure that the state and its residents not only benefit from clean, renewable power, but that they reap the rewards of being an early player in the offshore wind industry as it grows in the U.S,” he said.

Ralph LaRossa, president and chief operating officer of PSEG Power, shared Brostrom’s enthusiasm.

“We are pleased that Ocean Wind has been selected by the New Jersey Board of Public Utilities to provide offshore wind power to the residents of New Jersey,” he said in a statement. “We have pledged our commitment and support of Gov. Phil Murphy’s clean energy agenda and we know that offshore wind will play an important role in providing environmental and economic benefits to New Jersey.”

In addition to powering homes and businesses across New Jersey, Ocean Wind will also bring significant investments to New Jersey, Ørsted officials said.

Ørsted will launch its Pro-NJ Trust fund in Cape May and Atlantic counties which will invest up to $15 million in grants to support local infrastructure investments and to support small, women, and minority-owned business owners who wish to become part of the emerging offshore wind industry.

Ørsted is also proceeding with plans to establish an Operation and Maintenance base in Atlantic City that will provide permanent, high-skilled jobs during the 25 plus years of lifespan of the project.

As part of its community relations outreach efforts, Ocean Wind will work with JINGOLI through the company’s Competitive Edge and Live Classroom programs that will identify and train Atlantic City residents and students who are interested in working in wind farm construction or in one of the permanent positions that will become available when the project is completed.

Ocean Wind presented a number of creative and significant initiatives within its bid document, that now awarded, will start in motion – beginning with the terms of a Memorandum of Understanding signed with the South Jersey Building and Construction Trades Council in December, calling for a Project Labor Agreement for offshore wind construction jobs that pay prevailing wage.

New Jersey has tremendous assets in its academic institutions and Ørsted already has signed MOUs with Rutgers, Stockton, and Rowan Universities.  Working with each of these universities, Ocean Wind will continue to support academic research, engineering programs and initiatives to further advance undergraduate and graduate students’ knowledge of the offshore wind industry.

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Murphy shocked the Legislature voted to extend current incentives: ‘I am awe-struck’

Gov. Phil Murphy said he was shocked the legislature passed a bill Thursday that would extend the existing tax incentive programs set to expire at the end of the month.

“I have to say … I am awe-struck, jaw-dropped, something, by the folks who voted to extend the economic development incentives,” he said.

“This is a law, it’s quite clear, that was written by special interests, for special interests.”

Murphy spoke at a news conference to address the $38.7 billion budget, also passed by the legislature Thursday, which aligns with much of the governor’s agenda, but doesn’t give him the millionaire’s tax he wants.

When asked by a reporter if, by allowing the existing tax incentives to continue to be approved while the deadline looms, Murphy was implicitly condoning the special interests that created the law, the governor rebuffed.

“The good news is … is that we put new sheriff’s in there,” Murphy said.

“I’m prepared to play the string out for the next nine days because I have complete confidence in (Economic Development Authority CEO) Tim Sullivan, Kevin Quinn, the chair, new compliance officer.”

The state has nine days remaining until it must pass a balanced budget.

Murphy was joined by Treasurer Elizabeth Muoio to reiterate that the millionaire’s tax will help boost the state’s coffers in a way that will help credit ratings agencies renew their faith in New Jersey’s fiscal future.

“I know I sound like a broken record at this point, but I’d be derelict in my duties as treasurer if I don’t use every opportunity to urge fiscal responsibility,” Muoio said.

“If a recession hits, and the bottom drops out, like it did during the dot com recession, to the tune of $2 billion to our revenue, or worse, like it did during the Great Recession when we lost nearly $5 billion in revenue — that’s what a rainy day really looks like.

“And we won’t be able to rely on structural savings or phantom revenue projections to get by if that happens.”

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More By Anjalee Khemlani

Cops From 6 Counties Seek Little League Concession Stand Burglars

Law enforcement agencies from six counties are are asking for help to track down a couple suspected of breaking into at least 27 concession stands at Little League, school and community recreation fields since April.

According to the Morris County Sheriff’s Office, the burglaries, which span April 24 through June 20, have been reported in Morris, Bergen, Essex, Middlesex, Passaic and Sussex counties.

The latest break-in, occurring sometime between the evening of Wednesday, June 19, and the morning of Thursday, June 20, was reported at a concession stand at Overpeck County Park in Paramus, police said.

According to authorities, the break-ins involve significant damage to the doors of the structures and theft of cash, candy, beverages and other items. Surveillance images of a man and woman whom authorities suspect of targeting the concession stands were captured at the Woodbridge Little League concession stand on Van Buren Street in Woodbridge. Additional images were captured at stands in Teaneck and Hasbrouck Heights in Bergen County.

The largest theft so far during a break-in netted the perpetrators as much as $700 in cash authorities said. Beyond cash or items stolen, the thieves caused significant damage while breaking in. Some local businesses have stepped forward to assist with paying for repairs, authorities said.

Morris County Sheriff’s Office Systems Analyst Jane Recktenwald, who oversees the Office Trends and Analysis Unit known as MCSTAT, is gathering and assessing data, and working cooperatively with police in all the affected municipalities on the crime they have in common.

“This is a prime opportunity for law enforcement agencies to share intelligence to apprehend perpetrators who are stealing from children, their families, schools and recreation programs that count on concession stand sales to support Little League and other sport activities,” Morris County Sheriff James M. Gannon said.

Recktenwald said concession stand operators are advised to remove cash from the premises upon closing and try to secure or lock up candy, beverages and other sale items while police are advised to make frequent checks of concession stands in their communities.

Morris and Passaic counties have been targeted most frequently so far, with eight concession stands reportedly burglarized in each authorities said.

Morris County Sheriff’s Office Crime Scene Investigation (CSI) detectives are assisting in the investigations, including collection of evidence, within Morris County.

The Morris County burglaries include:

  • Parsippany-Troy Hills E. Little League on May 2;
  • Jefferson Parks Department concession stand between May 11 and May 13;
  • Burnham Park Little League concession stand between May 15 and May 16.
  • Lake Parsippany Park concession stand between May 24 and May 27;
  • Madison High School concession stand between May 31 and June 1;
  • Dodge Field in Madison concession stand between May 31 and June 2;
  • Anderson Field in Kinnelon concession stand between June 6 and June 7;
  • Donatoni Park concession stand, Rockaway Borough, break-in reported June 20.

Bergen County authorities are investigating related burglaries at four stands in:

  • Elmwood Park
  • Paramus
  • Teaneck
  • Hasbrouck Heights

In Essex County, stands were burglarized in:

  • Belleville
  • Livingston
  • Verona

In Middlesex County, a concession stand was broken into in Woodbridge.

In Passaic County, thieves burglarized the same stand twice in Totowa, two separate fields in Clifton, and stands in Wayne, Paterson, Little Falls and Bloomingdale.

In Sussex County, two stands in Stanhope Borough were burglarized.

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