ROI-NJ on LinkedIn: Caesars Entertainment’s Atlantic City resorts donate $140K to support… (2024)

Explore why 111 Town Square Place in Jersey City stands out as an ideal location for #AI and other energy-intensive tech companies. LeFrak’s 15-story, 480,000-square-foot building features infrastructure capable of supporting eight times the power load of a typical office building, positioning it as a prime site for tech startups and financial firms. Learn more about its strategic advantages and location in Linda Lindner’s article on ROI-NJ:

The decision by New York Gov. Kathy Hochul to delay the toll plan known as #congestionpricing — a proposal that drew ire and lawsuits from New Jersey officials — is being widely praised by elected officials in New Jersey, eager to celebrate a victory few saw coming.The first-in-the-country plan, which was scheduled to start June 30, would have charged drivers using E-ZPass as much as $15 to enter Manhattan south of 60th Street.New York officials called it an effort to help the environment.New Jersey officials said it was a shameless money grab for the cash-strapped Metropolitan Transit Authority.Ultimately, the plan may have been killed because of concerns it would hurt New York Democrats this November.Read more:

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From ROI-NJ's Military Mattes newsletter | For those who saw it on the Delaware River on March 21, it was a most extraordinary sight.The Battleship New Jersey, only slightly scarred from its five decades of service in the Navy, was again on the open water, the first time it had left its home on the Camden Waterfront in years.The New Jersey had no engine or steering capability, so its 888 feet and 45,000 tons was gently pushed and prodded down the river by a quartet of tugboats.“Big J,” as it was nicknamed by sailors, followed the guiding prompts of the tugboats into the Philadelphia Navy Yard and into Dry Dock No. 3 — the very same dock where the ship was built in 1941-42.While in dry dock, the New Jersey enjoyed a full maritime pampering.Its hull was cleaned of debris and marine biogrowth, required repairs were made and the cathodic protection system — which protects the immersed portion of the hull from corrosion — was updated.Marshall Spevak is the new CEO of the . He was officially named to the position May 2 after serving as interim CEO for the prior six months.As the work on the New Jersey finishes, Spevak wants to make sure it is ready for a new kind of battle — the battle for share-of-mind.Read more: https://lnkd.in/ghdWeMf2

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Downtown Somerville Alliance, the downtown management corporation in Somerville, recently welcomed Olivia Manning as its new executive director. Manning will lead the company’s efforts to drive innovation, foster community engagement and accelerate growth initiatives.With over 20 years of diverse marketing experience, Manning’s appointment reflects DSA’s commitment to excellence and its dedication to empowering dynamic leaders to shape the future of our downtown community.Manning’s career took a significant turn in 2018 when she founded Downtown Bernardsville, where she spearheaded forward-facing marketing initiatives, community engagement efforts and achieved a remarkable 3.4% growth in visitors year over year since 2020.Read more:

From ROI-NJ's Military Matters newsletter | In Holmdel, the recently reopened hosted more than 200 guests. Dignitaries included retired former Air Force Chief of Staff Gen. Norton A. Schwartz, Gold Star Family members, state and local dignitaries and representatives from every branch of the U.S. #military.Schwartz reminded the crowd in his keynote remarks that Memorial Day “reminds us of those things we honor and those things we share as Americans.”Three high school seniors were each awarded $2,500 scholarships for essays they wrote about the Vietnam Memorial. The North Jersey Country Club sponsored the scholarships.“The North Jersey Country Club is thrilled to sponsor these scholarships to deserving high school students who demonstrate an appreciation for our Vietnam veterans and all they gave to our country,” said Brian Mackey, PGA golf professional at North Jersey Country Club and son of Wayne Mackey, a highly decorated Vietnam Marine Corps #veteran.Read more:

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Princeton-based Edison Partners on Wednesday announced Michael Dirla has been elevated from senior associate to vice president.In his new role, Dirla will work more closely with Edison Partners’ portfolio companies, while also expanding his role in identifying and evaluating potential investments in Financial Technology and Enterprise Solutions.Since joining Edison Partners in 2021, Dirla has become an invaluable part of the firm’s efforts to invest in and build companies in the Financial Technology and Enterprise Solutions sectors. He played a key role in the Edison Partners-led $25 million growth investment in TakeCommand, an individual health care benefits platform for small and midmarket employers, and in Solutions By Text’s recent $110 million investment and recapitalization co-led by Edison and StepStone Group.Read more:

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Op-ed | How to avoid costly lawsuit during major home improvement projectArticle by Dylan Newton and Michael Horn of Read more:

From ROI-NJ's Print Edition: Danielle Barbera recounts meeting with a musician who struggled with a mix of depression, anxiety and alcoholism. When he sobered up, he felt that his creative drive and inspiration were amiss. It was deflating for him and his self-identity.As she does often when someone experiencing mental health challenges has — literally and figuratively — lost their voice, Barbera politely handed over a guitar.And, often, that’s all it takes.“I said, ‘Here, play whatever comes to mind for you,’ and he responded by playing his original songs,” she said. “I heard the power in his voice as his lyrics came to life again. After he was done playing, we just sat there in silence. He became emotional and expressed how ‘weird’ but liberating it was.”That musician went on to be discharged from Hackensack Meridian Health’s Carrier Clinic, where for this individual — and many others — a music-based patient-therapist rapport is proving to be a healing experience.Barbera is board-certified in music therapy, a field that Hackensack Meridian Health and other local organizations are trying out as a means of managing mental health disorders and mood disturbances.Read more: https://lnkd.in/ewh2ipVt

The New Jersey Black Women's Collective and Mercer County Community College launched a leadership program earlier this year designed to cultivate and develop the next generation of Black women leaders in New Jersey. On June 8, members of the inaugural class will present their capstone projects and graduate in a special ceremony at the Trenton Country Club in West Trenton.The Leadership Institute, which met from March through June, is a partnership between the NJBWC and MCCC. A steering committee that includes leaders of NJBWC, executives from MCCC and MCCC President Deborah Preston have served as the planning board for the Leadership Institute.The Leadership Institute was specifically designed for emerging leaders across various sectors. Its purpose is to equip participants with the necessary skills and strategies to effectively address current challenges in real-time, bring their visions to fruition and enhance their overall effectiveness. Additionally, the program aims to cultivate a pipeline of talented Black women leaders in the state of New Jersey.Read more:

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Bristol Myers Squibb recently said it is executing a strategic productivity initiative that will drive approximately $1.5 billion in cost savings, the majority of which will be reinvested to fund innovation and drive growth. That initiative, which will be completed by the end of 2025, includes laying off more than 2,200 employees — with close to 1,000 from New Jersey.The Princeton-based firm is focusing resources on research & development programs with the potential to deliver the greatest return on investment, prioritizing investing in key growth brands, and optimizing operations across the organization.The company has discontinued 12 programs, including a successor version of its immunotherapy Yervoy, and will continue to review its pipeline through the rest of the year, according to its latest earnings call in April.Read more:

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