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This country is divided between states that welcome investment and workers and those that do all they can to drive them away

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the staff of the Ridgewood blog

Ridgewood NJ, data from the Bureau of Labor Statistics shows that the Southwest region, stretching from Texas to the California border, has seen factory jobs soar since the 2016 presidential election.

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Consumer Price Index Posts Largest 12-month Increase Since September 2008

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president Jimmy Carter

the staff of the Ridgewood blog

Ridgewood NJ, fanning the fear of inflation  ,the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in April on a seasonally adjusted basis after rising 0.6 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.2 percent before seasonal adjustment.

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Housing Prices Race to New Highs ,but Experts say, “it’s different this time “

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the staff of  the Ridgewood blog

Ridgewood NJ, talk to almost any housing expert and they will likely say the housing market is not in a bubble. This is despite home prices soaring to historical highs across the country.

In February, prices surged 12% year-over-year, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price Index, which is the highest increase since February 2006—right before the housing market crashed, sending home values into a free fall.

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$100 Million New Jersey Deli Delisted from the OTCQB Over-the Counter Market

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the staff of the Ridgewood blog

Paulsboro NJ, The $100 million company that owns only a single New Jersey deli was delisted from the OTCQB over-the counter market “for not complying with the rules” and slapped with a warning label for would-be buyers on Wednesday night, the CEO of the company that operates that market said in a tweet.

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Real Clear Opinion Research shows widespread public support for school choice

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the staff of the Ridgewood blog

Ridgewood NJ, a new poll from Real Clear Opinion Research shows astonishing, widespread public support for school choice in America.

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Bergen Municipalities to Receive $351,302,264.45 in COVID Relief

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 the staff of the Ridgewood blog

Washington DC, U.S. Senators Bob Menendez and Cory Booker (both D-N.J.) today released a county-by-county and town-by-town breakdown of the $10.189 billion in direct, flexible, federal assistance to state and local governments allocated to New Jersey in the American Rescue Plan.  The final funding formula targets federal resources to areas with the greatest need and is modeled after Sen. Menendez’s bipartisan SMART Act, cosponsored by Sen. Booker, netting New Jersey around $1 billion more than had the money been distributed by population.

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Detectives Recover 30 Work Vans and Pickup Trucks as a result of “Operation Cat Burglar” Multi-County Auto-Theft Investigation

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the staff of the Ridgewood blog

East Orange NJ, the New Jersey State Police and Division of Criminal Justice have charged six suspects who were allegedly stealing work vans and pickup trucks in northern New Jersey and dismantling them to sell their catalytic converters and other parts for profit. During the month-long investigation dubbed “Operation Cat Burglar,” detectives linked the suspects to more than 30 stolen vehicles, stolen license plates, vehicle titles, and more than $20,000 worth of stolen tools and equipment.

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Governor Murphy Goes on a Massive Spending Spree While He Campaigns for Reelection

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the staff of the Ridgewood blog

Trenton NJ, Governor Phil Murphy’s new state election year budget proposes to boost state spending by 11% in the fiscal year starting in July, in an election-year budget that avoids tax or fee increases due to stronger-than-expected revenues and a surplus helped by nearly $4.3 billion from emergency borrowing.

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Marijuana taxes should benefit all of New Jersey

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the staff of the Ridgewood blog

Asbury Park NJ, The following editorial by Senator Robert Singer (R-30) was published by the Asbury Park Press on November 29, 2020:

New Jersey residents voted overwhelmingly in favor of a constitutional amendment to legalize the personal use of cannabis by adults. While the legislation to establish a legal market and regulatory scheme for marijuana was expected to be a slam dunk after the ballot measure was approved by a 2-to-1 margin, disagreements over a slew of concerns have caused the process to stall.

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Johns Hopkins University Newsletter Pulls Study Challenging Deadliness of COVID19

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the staff of the Ridgewood blog

Ridgewood NJ, Johns Hopkins University Newsletter ran a study from Genevieve Briand, assistant program director of the Applied Economics master’s degree program at Hopkins, that looked at the effect of COVID-19 on U.S. deaths according to data from the CDC. Dr. Genevieve Briand at Johns Hopkins University noted some critical accounting errors done at the national level.

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Ridgewood Christie’s International Agent Lists “Once in a Lifetime Property in Hunterdon County”

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the staff of the Ridgewood blog

HUNTERDON COUNTY NJ ,Christie’s International Real Estate Northern New Jersey, an exclusive partner of Christie’s International Real Estate, voted Christie’s Affiliate of the Year in 2017 and 2018, and the fastest growing real estate brokerage in northern New Jersey, announced that Windward Farm is currently listed for sale by Realtor-Associate® Priscilla Reynolds of the Ridgewood Office. This extraordinary, secluded farm estate is a one-of-a-kind property that cannot be replicated. “The first time touring this property, I was astonished by the superb construction, detail, and wide array of amenities I’ve not seen elsewhere. I am honored to represent the sale of Windward Farm.  It is more than a luxury property; it is a family home that has unmatched beauty and character. The property is also conveniently a one hour and fifteen-minute drive from New York City and Philadelphia,” said Priscilla Reynolds.

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NJ Attorney General Files Lawsuit Against Student Loan Servicing Giant Claiming it Targeted Student Borrowers with Deceptive, and Misleading Tactics

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the staff of the Ridgewood blog

Trenton NJ,  Attorney General Gurbir S. Grewal and the Division of Consumer Affairs announced today that the State has filed a lawsuit against Navient Corp. and Navient Solutions LLC (“Navient”) alleging the student loan servicer engaged in unconscionable commercial practices, deceptive conduct, and misrepresentations when servicing thousands of New Jersey consumers’ student loans.

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COVID-19 Hits Bergen County Budget With Massive Spending and Tax Hike

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Bergen County Executive Jim Tedesco

the staff of the Ridgewood blog

Hackensack NJ, , Bergen County’s coronavirus outbreak has led to a  31% increase in spending in the county’s 2020 budget, which comes with a 4% tax hike .The county plans to shell out $741,887,685 this year, a $177.7 million increase from last year’s total appropriations. Fortunately most of that amount or $172.7 million is being reimbursed by the federal government, largely with CARES Act money.

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Hollywood East: New Jersey Film Commission Nominated as Outstanding Film Commission

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the staff of the Ridgewood blog

Ridgewood NJ,  The New Jersey Motion Picture and Television Commission has been nominated by the Location Managers Guild International as an Outstanding Film Commission. The New Jersey commission is one of only five to be nominated and the only United States film commission to be honored this year.

The commission, created by an act of the New Jersey Legislature in 1977, was formed in 1978, making it one of the oldest in the country. Since its inception, the NJMPTVC has attracted over 25,000 projects to the state, generating over $2.7 billion for the New Jersey economy.

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Murphy Administration Delays Investigation in COVID19 Response

the staff of the Ridgewood blog

Trenton NJ, Senate Minority Leader Tom Kean, joined by Republican Senators Joe Pennacchio, Anthony M. Bucco, Steve Oroho, Kristin Corrado and Michael Testa, issued the following statement in response to coverage in The Star-Ledger questioning why the Legislature has failed to act on important hearings to investigate the State’s pandemic preparedness.

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