Thursday, March 28, 2013
Report warns even small reductions in Social Security, Medicare would be big drain on state's economy.
Concerned that their voices are being ignored in Washington, D.C., New Jersey small-business owners and advocates spoke out yesterday against potential cuts to Social Security and Medicare. The teleconference highlighted a white paper from the Main Street Alliance, which argued that even small cuts to the two programs could have disproportionately large effects on businesses still struggling to work their way out of the Great Recession. “Even a 3 percent cut to Social Security and Medicare would mean an annual loss of more than $1 billion a year to New Jersey’s economy,” said Rep. Donald Payne Jr. (D-10th Dist.), who participated in the presentation. The report’s release came in the wake of the budget cuts presented by Rep. Paul Ryan (R-…
Thursday, March 14, 2013
The Goldstein Group's 2012 year-end report details strong and weak markets in Central Jersey.
The East Brunswick Route 18 corridor's retail vacancy rate made it the worst market in Central and Northern New Jersey at the end of 2012, according to a report issued by The Goldstein Group. “The Northern and Central New Jersey retail real estate market continues to improve but it is still a ‘tenants’ market,” said President Chuck Lanyard of The Goldstein Group via release. “Opportunistic retailers are leasing at attractive rental rates and securing locations by taking advantage of market conditions.” The report surveyed 22 markets and over 4,250 retail properties in Northern and Central New Jersey in December 2012. The East Brunswick Route 18 corridor had an 18.3 percent vacancy rate, with 614,225 square feet vacant out of about 3.5 …
Tuesday, March 5, 2013
Aficiandos of Hess toy trucks can rest assured that Christmas sales of their toy trucks will continue at the corporation's convenience stores.
Recent headlines announcing Hess Corporation's exit from the energy marketing and refining end of its global business will not affect what is perhaps its second-most-coveted consumer item after the petrol: the Hess Toy Truck. "The toy trucks which have been a tradition for 48 years will continue," a Hess spokesperson said, adding that "this November, the company will continue to sell the trucks at their stores." Since 1964, Hess Corporation has sold its classic toy trucks; offering a variety of collectible miniature trucks to consumers at the start of the holiday season each year in November. Despite the corporation's impending closure of its 1,350 retail gas stations, consumers will still be able to find the eclectic toys at Hess …
The oil company that's selling off its retail gas stations said the accompanying convenience stores are being sold along with them
Hess spokesman Dennis Moynihan wants it made clear: Hess is not closing the convenience stores that operate along with their gas stations. "What does that mean? We're not closing our convenience stores," Moynihan said Tuesday in an effort to clarify the record. When the news broke on Monday that Hess would be divesting itself of its retail gasoline stations and other retail operations to focus on oil development and exploration, Moynihan said many people were under the impression that the convenience stores would be closing. Nothing, he emphasized, could be further from the truth. "That means we're looking for different ownership opportunities. It didn't mean we are going to own the stores," but it means whoever the buyer is of the Hess …
Monday, March 4, 2013
The Woodbridge-based oil business will now divest itself of 1,350 gas stations, many of which operate in New Jersey and 17 other Eastern Seaboard states.
The familiar green and white Hess signs that dot the Woodbridge landscape and much of New Jersey may soon be no more. Hess Corporation announced Monday in a letter to shareholders at their annual meeting that it was divesting itself of its retail gasoline and convenience store operations, in an effort to restructure the company and improve its balance sheet. The move will affect 1,350 gas stations - many owned by Hess itself - that operate in 18 states on the Eastern Seaboard. The gas stations serve as many as 1.3 million customers a day, according to a report in Supermarket News. Hess did not say when it would begin either closing or selling off its gas stations, although a press release accompanying the news said that their closure, …
Thursday, February 14, 2013
Roman Vintfeld, the East Brunswick owner of two modeling and talent agencies, agreed to pay the state $400,000 and refund almost $100,000 to parents who said they were misled.
An East Brunswick modeling and talent services company the Attorney General's Office contended misled its customers has agreed to pay $400,000 to settle a 2011 lawsuit brought by both the AG and the NJ Division of Consumer Affairs, it was announced Wednesday. Industry Model and Talent Studios, LLC, and its successor corporation, InterFACE1, LLC, both owned by Roman Vintfeld, also agreed to refund almost $100,000 to 104 customers complaining about being misled into signing expensive contracts. As part of the settlement, Vintfeld also agreed to hire an independent compliance monitor to watch over the company's business practice for two years. The monitor will report to the Division of Consumer Affairs, the agency said in a statement. The …
Friday, February 8, 2013
South Brunswick natives and childhood friends Marc Rubenstein and Geoffrey Hunt have run Jersey Physical Therapy with their wives for the past 10 years.
Growing up in Brunswick Acres, Marc Rubenstein was able to achieve an unusual milestone by forging a business partnership while still a toddler. Rubenstein first met his eventual business partner Geoffrey Hunt while the pair were still in nursery school. While starting a business together was never quite on the agenda as the two friends advanced through the South Brunswick School District, Rubenstein and Hunt would end up pursuing the same field of physical therapy while attending Rutgers University, a field that would eventually lead them back home. "We were both in the program when we went to Rutgers, but I don't think we talked right away about going into business together," Rubenstein said. "We were both working in different facilities…
Thursday, December 20, 2012
Whether you're a beginner or an expert, Zumiez in the Brunswick Square Mall can set you up with the right skateboard.
If your child already has enough video games, then Andrew Dolan has a few ideas on what to get them this Christmas—a skateboard. From beginner boards to more expensive offerings with high-end wheels and performance, Zumiez in the Brunswick Square Mall has a wide selection of skateboards that could end up under Christmas trees everywhere. “We have trick boards or freestyle boards,” said Dolan, who manages the store. But the cool thing is that we have a pretty big price range.” For parents looking to get something fun for their kids, Zumiez has made it easy, with several packages of complete boards (decks, wheels bearings etc.) ranging in price from $89.95 to $115.95. The difference in price, said Dolan, is due to several things, including …
40.425701
-74.380788
Brunswick Square Mall
755 State Route 18, East Brunswick, NJ
/articles/zumiez-has-everything-a-skateboarder-needs
1956917
/locations/8403590
Friday, November 9, 2012
They're almost there, said the PSEG president in what will be the last of the hurricane media conferences.
It's day 12 since Hurricane Sandy hit, and PSEG has hit a milestone. The company says it has restored electricity to 98 percent of their customers in their service area, and they're hoping to make it 100 percent by Saturday. Ralph LaRossa, president and chief operating officer of the company, said in a media update conference call -- the last he hopes he'll be having to discuss Hurricane Sandy and the nor'easter that tore through the area Wednesday -- that even with service restoration, the work isn't over yet. He gave a big thanks to the 4,500 linemen who poured into New Jersey from all over the country to supplement PSEG's own crews. He spoke to one lineman yesterday, who said he had been working 16 hours a day since even before the …
Thursday, November 8, 2012
The two central New Jersey counties had the highest impact from Wednesday's storm that brought heavy, wet snow and downed power lines to the area.
Middlesex and Mercer Counties took the brunt of Nor'easter Athena's heavy, sodden snow Wednesday, said Ralph LaRossa, president and chief operating officer of PSE&G in a morning conference call. LaRossa said he had had a meeting with mayors from the area in East Brunswick yesterday when a 69,000 volt line in the substation there blew but was quickly repaired. As of Thursday morning, 40,000 PSE&G customers were impacted by up to six inches of snow from the nor'easter, while 70,000 customers were still suffering from the lack of electricity from Hurricane Sandy last week. "We've been making fantastic progress," LaRossa said, pointing out that many of the linemen, including ones from states that have never seen snow in Athena quantities, …
Dig-baddy
6:39 pm on Thursday, March 28, 2013
Who was it that pulled 500 billion from social security to pay for this joke of a "health care bill" not the GOP.... I think we can lay that directly in the hands of the current administration. more ›