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Retail Apocalypse, No reopening plans for NJ’s Xanadu American Dream Mall

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the staff of the Ridgewood blog

East Rutherford NJ, After nearly two decades of construction delays and billions pumped in from New Jersey tax payers , New Jersey’s mega-mall American Dream partially opened last October. Six months later, the three-million-square-foot venue was forced to close its doors because of the coronavirus pandemic. Now, even as the state continues its gradual reopening, there is still no reopening date for the $5 billion mall. As NJ.com reported, owner Triple Five Group has missed three consecutive mortgage payments and retail tenants are getting out of their leases at the space. On top of that, contractors and subcontractors have filed over $13 million in construction liens for unpaid work.

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CDC: When You Can be Around Others After You Had or Likely Had COVID-19

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the staff of the Ridgeewood blog

Ridgewood NJ, the CDC answers questions on when you can safely resume contact with others if you think or know you had COVID-19, and you had symptoms :

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New Jersey Tax Collections Weaken Further , Down 14.7% in June

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the staff of the Ridgewood blog

Trenton NJ, The Department of the Treasury reported that June revenue collections for the major taxes totaled $2.92 billion, down $503 million, or 14.7 percent below last June. The June decline eclipsed last month’s decline of 13.5 percent over the previous May, indicating that the economic impact of the global pandemic shows little signs of abating.  Fiscal year-to-date, total collections of $29.784 billion are now down $3.0 billion, or 9.2 percent below the same period last year.

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New Jersey has the 2nd Worst Unemployment Rate Recovery

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the staff of the Ridgewood blog

Trenton NJ, With the U.S. gaining 4.8 million jobs in June and the national unemployment rate at 11.1% compared to the nearly historic high of 14.7% at the peak of the coronavirus pandemic, WalletHub today released updated rankings for the States Whose Unemployment Rates Are Bouncing Back Most, along with accompanying videos and audio files, to illustrate which areas of the country have had the best recovery so far.

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All Charges Dropped Against Randolph Tennis Center Owner Who Organized a “Reopen Businesses and Restore Livelihoods Rally.”

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the staff of the Ridgewood blog

The Randolph Tennis Center held what organizers called the “Reopen Businesses and Restore Livelihoods Rally.” Dozens gathered to hear speakers ask Gov. Phil Murphy to lift restrictions on businesses in order to help owners provide for their families during the pandemic.  Under Governor Murphy’s prosecuting the knucklehead executive orders  , Gurbir Grewal, the state Attorney General offered some some guidance.

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Thank Governor Murphy For Your Long Wait at New Jersey Motor Vehicle Commission

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the staff of the Ridgewood blog

Trenton NJ, Senator Michael Doherty released the following statement in response to the blatant failures of the Murphy administration as it neglected to adequately prepare for the reopening of the New Jersey Motor Vehicle Commission (MVC) that had been shut down since March due the COVID-19 lockdown:

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Reader Says Governor is killing, “the golden egg-laying goose of small business”

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“The Fireplace’s reputation for quality and value was earned through decades of commitment and hard work. Work that obviously was not just about the money. And Murphy’s reward and recognition of this consists of a profound disrespect for Everyman and the thankless sweat he’s put in day in and day out to make a life for his family.

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Why Mental Health Matters While Staying at Home

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With the rapid spread of Covid-19 all over the world in 2020, many people have been forced to stay at home as a precautionary measure to minimize the rate of new infections. While the best thing we can do is to stay safe, the new normal is not easy. Spending a lot of hours indoors can have a huge toll on your physical, mental, and emotional health, especially if you’re used to moving up and down, interacting with many people, and engaging in different kinds of activities. As a matter of fact, many countries around the world have reported an increase in domestic violence and relationship problems among families.

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CDC: Considerations for Wearing Cloth Face Coverings

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the staff of Ridgewood blog

Ridgewood NJ, Goldman Chief Economist Jan Hatzius and his team found that the link between face masks and COVID-19 health and economic outcomes is significant. According to a Goldman Sachs note a national mandate to wear face masks could save the U.S. economy from additional lockdowns that would knock 5% off of GDP. ( https://seekingalpha.com/news/3587302-national-mask-mandate-save-gdp-from-5-cut-goldman-says )

CDC recommends that people wear cloth face coverings in public settings when around people outside of their household, especially when other social distancing measures are difficult to maintain.
Cloth face coverings may help prevent people who have COVID-19 from spreading the virus to others.
Cloth face coverings are most likely to reduce the spread of COVID-19 when they are widely used by people in public settings.
Cloth face coverings should NOT be worn by children under the age of 2 or anyone who has trouble breathing, is unconscious, incapacitated, or otherwise unable to remove the mask without assistance.

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Nearly half NJ business owners anticipate it will take 10 months or longer to generate revenues comparable to pre-COVID profits

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the staff of the Ridgewood blog

Ridgewood NJ, Nearly half of business owners anticipate it will take 10 months or longer to generate revenues comparable to pre-COVID profits, while nearly 12% say they will never make up for those missed earnings, according to a new survey by the New Jersey Business & Industry Association.

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GNC Files for Bankruptcy expects to close 800 to 1,200 stores

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the staff of the Ridgewood blog

Paramus NJ, GNC Holdings, Inc. (NYSE: GNC) , a leading global health and wellness brand, today announced that the Company, certain of its North American entities, certain of its secured lenders, and key stakeholders have reached an agreement to pursue a dual-path process that will allow the Company to restructure its balance sheet and accelerate its business strategy through Chapter 11 of the U.S. Bankruptcy Code.

GNC and all of its subsidiaries remain open for business. Consumers will continue to have access to their favorite products, as well as new, innovative brand solutions to meet their wellness goals wherever GNC products are sold. GNC continues to serve consumers through its retail stores in many areas and is offering safe and convenient curbside pick-up at shopping plaza locations.

The Company also continues to provide solutions for its customers anytime at GNC.com.

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Stockton University Researchers Seeking Participants to Take Online COVID-19 Impact Survey

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the staff of the Ridgewood blog

Galloway NJ,  Stockton University faculty are collaborating on a research study on public response to the COVID-19 pandemic and how it has shaped the lives of people around the world.

The researchers are looking for a broad range of people ages 18 and older to take the online survey at COVID-19 International Survey or https://tinyurl.com/COVID-19InternationalStudy. It should about 20 minutes to complete.

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Ridgewood Village Hall remains in full lockdown mode

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photos by Boyd Loving

by Boyd Loving

Ridgewood NJ, Village Hall remains in full lockdown mode. Village Manager Heather Mailander estimates that taxpayers MAY be able to enter the building sometime in early July. The installation of sneeze guards at service counters is reportedly underway, but progressing slowly. Building permits are being delivered to applicants outside in the patio area. Police services remain available 24/7 via an emergency phone located at the parking lot entrance to Village Hall.

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Pressure Mounts to Limit Governor’s Emergency Powers

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the staff of the Ridgewood blog

Trenton NJ, In response to months of mandatory shutdown across the state, 10th District Legislators Senator Jim Holzapfel and Assemblymen Greg McGuckin and John Catalano have sponsored a resolution which would prevent the overreaching of the Governor’s executive powers.  SCR-117 and ACR-181 proposes a constitutional amendment to limit effective period of certain emergency orders, rules, or regulations issued by Governor to 14 days.

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Chef Shutters Technique Restaurant in Westwood

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Since I was 13, I dreamed of owning and running my own restaurant. This happened when I opened Technique. Today, I realize that a dream can be more than you ever expect, and that it is destined to be shaped by reality.

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