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Is the Day of Fiscal Reckoning Finally Coming to New Jersey , with Massive Tax Increases and State Layoffs a Predetermined Conclusion?

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the staff of the Ridgewood blog

Trenton NJ,New Jersey is facing a financial disaster due to loss in revenue and spike in expenses related to the coronavirus outbreak that could be just weeks away, Governor Phil Murphy .  The governor went on, “We are on the brink of having to make very tough and, quite frankly, very unpalatable decisions.”

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Fairway Market to close Paramus Store May 15, 2020

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the staff of the Ridgewood blog

Paramus NJ, Fairway Market announces it will extend the closing date of its Paramus, NJ location to May 15, 2020. The store was purchased by Amazon in early March and Fairway has continued to operate the location in order to serve the community and preserve jobs.

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We have sadly lost 1,261 Bergen County residents to COVID-19, of those 724 Deaths were reported by Long Term Care Facilities

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the staff of the Ridgewood blog

Hackensack NJ, As of 12pm Tuesday, May 5, 2020, there are 16,504 total presumptive positive cases identified in Bergen County as per the CDRSS system; impacting all 70 municipalities. ** As of today, 63 Long Term Care (LTC) facilities in Bergen County report at least one presumptive positive case as per NJDOH.

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10 Tips for Workouts : Staying in Shape While You Can’t go to the Gym

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the staff of the Ridgewood blog

Ridgewood NJ, As people look to get gym-level workouts while being socially distant, fitness experts from MAXPRO Fitness are here to help. Nezar Akeel the Founder and CEO of MAXPRO Fitness, created the  MAXPRO, an award-winning ultra-compact “anywhere anytime gym” that works perfectly in any room in the home or anywhere outside. While MAXPRO offers one viable option to staying in shape while you can’t go to the gym, Akeel and MAXPRO Fitness’s Sabrina Wescott, a certified holistic health coach, have come up with 10 tips people can use to stay fit while being socially distant:

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Call to Open Small New Jersey Retailers for Mothers Day

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the staff of the Ridgewood blog

Trenton NJ, Senator Declan O’Scanlon, Assemblywoman Serena DiMaso, and Assemblyman Gerry Scharfenberger (R-Monmouth) called on the administration to allow for a limited reopening of small gift shops and jewelry stores in advance of Mother’s Day.

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N.J. Chamber of Commerce President and CEO Tom Bracken: Businesses Need Access to More Capital and Clear Safety Guidelines

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the staff of the Ridgewood blog

Trenton NJ, Statement from N.J. Chamber of Commerce President and CEO Tom Bracken: Businesses Need Access to More Capital and Clear Safety Guidelines

The New Jersey Chamber of Commerce, in partnership with regional and local chambers of commerce across New Jersey, has been asking member companies to identify their most pressing concerns as plans to reopen the economy move forward.

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Ridgewood Board of Education Candidates Unkind Words for the REA

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the staff of the Ridgewood blog

 

Ridgewood NJ, after having a little fun at BOE candidate Dan Creeds expense and sustaining a myriad of “troll” attacks , we figured we must be on to something so we found the posts so heinous that Mr Creed would basically stop campaigning and go on a Facebook rampage over who posted  as opposed to  to discussing what was posted .

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Ridgewood School District Working on Virtual Alternatives High School Graduation and Promotion Ceremonies

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the staff of the Ridgewood blog

Ridgewood NJ,  at the Monday night School Board meeting ,Dr. Fishbein began by stating that Governor Murphy has closed schools for students for the remainder of the 2019-20 school year and that students would finish the year via virtual home instruction. He expressed that no one wants to be back in the schools more than educators. Dr. Fishbein thanked the teachers for their hard work and commitment and expressed they have done an amazing job planning and executing virtual learning for our students. Acknowledging the challenges of remote instruction, he reiterated that educators would prefer to be in school with their students and to celebrate all of the end-of-year traditions that are being impacted by the current public health crisis.

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It’s Time for Curbside Pickup for Retail

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the staff of the Ridgewood blog

 

Ridgewood NJ,  Assemblyman Brian Bergen is calling on Gov. Phil Murphy to begin the first phase of reopening the economy by allowing non-essential businesses to get back to work with curbside pickup.

“There is no reason to delay the opening of retail business to do curbside pickup,” said Bergen (R-Morris).  “They should be allowed to do that today.  We are in a state of paralysis through analysis.”

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VILLAGE OF RIDGEWOOD COVID-19 CASES UPDATE 5/04/2020

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the staff of the Ridgewood blog

Ridgewood NJ, according to Village of Ridgewood Mayor Ramon Hache  this is the latest update on coronavirus cases in Ridgewood  is as follows :

The most recent numbers in RIDGEWOOD are as follows:

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New Jersey Is Ranked the State with the 6th Most Coronavirus Restrictions

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the staff of the Ridgewood blog

Ridgewood NJ, With some states beginning to open up for business and relax limitations put in place due to the COVID-19 pandemic, the personal-finance website WalletHub today released its report on the States with the Fewest Coronavirus Restrictions, as well as accompanying videos.

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J.Crew Files for Bankruptcy 

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the staff of the Ridgewood blog

Paramus NJ, J.Crew Group, which operates the J.Crew and Madewell brands, has become the first national US retailer to file for bankruptcy protection since the coronavirus pandemic forced a wave of store closures.

The clothing retailer said Monday that it has filed to begin Chapter 11 proceedings in federal bankruptcy court in the Eastern District of Virginia. The company also said it had reached a deal with its lenders to convert about $1.65 billion of debt into equity.

The retailer expects to stay in business and emerge from bankruptcy as a profitable company. Madewell, the fast-growing denim brand that had been slated for an IPO, will remain part of the business. J.Crew has stores in Garden State Plaza, Riverside Square and Bergen Town Center .

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Wyckoff Police Department : Vehicle theft is Continuing to Increase in our Area

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the staff of the Ridgewood blog

Wyckoff NJ,  according to the Wyckoff Police department vehicle theft is continuing to increase in our area. Criminals do not worry about a pandemic. They continue their crime sprees. Don’t become a victim. Please lock your vehicle and remove the key fobs along with all valuable belongings!

 

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A Third of New Jersey Bridges Need Repair

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the staff of the Ridgewood blog

Trenton NJ, Two recent reports show that New Jersey had more bridges in need of repair in 2019 than in 2018, although the number of bridges in poor condition went down. According to the American Road and Transportation Builders Association Bridge Report, New Jersey had 2,357 bridges in need of repairs in 2019, with an estimated cost of $9.9 billion. This is up from 2018, when NJ had 2,305 bridges in need of repair with an estimated cost of $7 billion. The average age of bridges in New Jersey is 55 years old.

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New Fiscal Realities Due to COVID-19 Pandemic Leaves NJ on the brink of making some very tough fiscal decisions

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the staff of the Ridgewood blog

TRENTON NJ,  To further address the ongoing fiscal disruption and uncertainties caused by COVID-19, Governor Phil Murphy today signed Executive Order No. 137, rescinding Executive Order No. 73 (2019), which directed the Department of the Treasury to achieve a $1.276 billion surplus by the end of this current fiscal year.

“No one has been more committed to restoring our state’s fiscal foundation than I have,” said Governor Murphy. “We have spent the past two years working nonstop to build surpluses and put money aside for a rainy day fund. However, in the absence of significant federal assistance, we are on the brink of having to make very tough fiscal decisions, and a $1.28 billion surplus for this fiscal year is no longer realistic.”

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