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A New Banking Giant in NJ: Columbia Financial to Acquire Northfield Bancorp in $597 Million Merger

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Columbia Bank and Northfield to Merge: Is Your Local Branch on the Chopping Block?

the staff of the Ridgewood blog

Ridgewood NJ, the New Jersey banking landscape is shifting once again. Columbia Financial, the Fair Lawn-based parent of Columbia Bank, has announced a massive $597 million acquisition of Woodbridge-based Northfield Bancorp.

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Groups Target Law Allowing non-profit hospitals to shelter for-profit partners and ventures on their campuses tax-free

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the staff of the Ridgewood blog

Trenton NJ, an alliance of New Jersey advocacy organizations working with impacted state residents announced intervention in an ongoing lawsuit to stop the implementation of a recently passed state law exempting non-profit hospitals from property taxation even if for-profit business is conducted on hospital property. Plaintiff interveners NJ Citizen Action and the American Federation of Teachers NJ (AFTNJ) argue the law violates the State Constitution’s uniformity and exemption clauses.

Continue reading Groups Target Law Allowing non-profit hospitals to shelter for-profit partners and ventures on their campuses tax-free