President's Message
BANNJ President, Alan Archuleta |
Thank you to all golfers, sponsors and the most amazing BANNJ volunteers for making our May 11th Annual Golf Outing at Edgewood Country Club a great success!
Our members and guests brought the sunshine and positive energy on a cloudy cool day, and everyone had a wonderful time. Many thanks to golf committee member Amanda Krakowiak of Heritage WBE, Inc. for the beautiful Event Sponsor banner and all golf signs and to those who generously donated gifts. Special thanks to our golf committee: Alan Archuleta of Archuleta Builders, Chair; Kimberly Little of Royal Green Appliance, Co-Chair; John Cioletti and Eva Hajek of Reno’s Appliance; Colleen Keller of Ferguson; Arnold De Masi of De Masi Construction; Noah Adler of Noah Harris Adler Architect and Joe Farina of Sub Zero, Wolf & Cove.
Congratulations to all of our golf winners:
Best Foursome-Glen Lumia and Creative Design Construction Team
2nd Place Foursome-Mike Marvin and Sub Zero, Wolf & Cove Team
Most Honest Foursome-Mike Black and Blue Ridge Lumber Team
Closest to Pin-Connor Ward (#17)
Longest Drive-Bob Mueller (#3) 5’0”
And to all prize winners.
Be sure to Save the Date for next year’s outing at Edgewood Country Club on Monday, May 10th, 2027!
View photos here from BC The Mag here
View the foursomes on our photo gallery here
View golf outing video by DSAL productions here
Thank you to our 2026 Golf Sponsors
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| 2026 Scholarship Awards |
Congratulations to the BANNJ 2026 Scholarship Award recipients and their families
Scholarship Chair John Kellyof Builders FirstSource presented the following to a very deserving group of students pursuing a degree or trade certification in a building industry-related field:
Isabelle Walsh-Jeffrey C. Mathieu Memorial Scholarship (Syracuse University)
Louis Baldanza-Alex Sands Memorial Scholarship (Duquesne University)
Dominic Toppeta-Donald Van Natta Memorial Scholarship (Lincoln Tech)
Alex Krakowiak-John J. and Helen M. Durante Charitable Trust Scholarship (University of Florida)
*not pictured Grace McIntyre-Durante Scholarship (Rochester Institute of Technology)
Wishing this incredible next generation of industry professionals a very successful future.
Builder:
Joseph Nicoletti
J. Nicoletti Properties LLC.
295 Bergen Turnpike
Ridgefield Park, NJ 07660
201-906-2753
jnicolettiproperties@gmail.com
Associates:
Lowe’s
Michelle
McKeown
109 Stack Drive
Staten Island, NY 10312
917-984-5356
Jessica.carpentieri@lowes.com
Tayrn Byron Realtor
Tayrn
Byron
1018 Closter Dock Road
Alpine, NJ 07620
732-362-1523
tarynbyron@gmail.com
Springblinds
MK Chenette
1099 Linden Avenue
Ridgefield, NJ 07657
201-275-4323
mk.chenette@springblinds.com
Estates Cleaning Group
Maisy Rodgriguez
58 Union Avenue
Rutherford, NJ 07070
718-753-9289
support@estatescleaning.com
Fully Promoted
Zainab Sajjad
637 Wyckoff Avenue
Wyckoff, NJ 07481
201-848-0005
Zainab.sajjad@fullypromoted.
Average US long-term mortgage rate climbs to 6.53%, the highest level in 9 months
‘Missing middle’ housing faces setback to kick off 2026
What’s next for the bipartisan housing legislation?
- Futures and Spot Pricing:
- Nearby physical lumber futures are currently trading around $593.50 to $595.00/MBF.
- Technical resistance levels are established at $618.50/MBF, with immediate support holding firm at $526.50/MBF.
- Actual contractor framing lumber costs tracking recorded a Q2 average of $916.62/MBF, reflecting a 5.11% sequential increase from Q1.
- Supply Compression vs. Subdued Demand:
- North American production capacity has shrunk by over 1 billion board feet due to aggressive mill closures and curtailments.
- This supply contraction is preventing a steep price drop despite lower-than-expected seasonal homebuilding activity.
- Wholesalers and builders are sticking to "just-in-time" purchasing tactics, keeping inventories lean through June.
- The Trade and Tariff Dynamic:
- Regulatory changes announced by the National Association of Home Builders (NAHB) outline a projected dip in standard Canadian countervailing and anti-dumping duties from 35.2% down to 25.9%.
- However, this relief does not take effect until August, meaning June prices will carry the full weight of existing trade barriers.
- Concurrently, a U.S. trade court recently ruled against separate blanket 10% global tariffs, easing fears of an immediate tariff-fueled June spike.
- Tariff Impact: Import pressure remains high due to combined preliminary anti-dumping and countervailing duties on Canadian softwood lumber sitting near 25.9%, keeping supply pipelines highly sensitive.
- Housing Demand: Lumber prices are finding a floor in the mid-to-high $500s as builders navigate a transition phase. Anticipation of potential interest rate reductions by the U.S. Federal Reserve is fueling long-term demand optimism for housing starts later in the year.
- Mill Production: Domestic sawmill utilization continues to run lean at approximately 64%. This disciplined approach to production prevents excess inventory from building up and pulling prices down further
Coming Up!
Thursday, June 4th Board of Directors, 3 pm.
Thursday July 9th 5:30 pm - 8:30 pm
Reno's 75th Anniversary Industry Networking Party!
Don't miss this special summer event impeccably hosted by the Reno's Appliance Team, Celebrate Reno's milestone with industry colleagues as well as make new industry connections!
Wednesday, September 9th-5:30pm Multi-Association Networking & CEU Presentation from Zipwater at Stone Source, Carlstadt. Join BANNJ, NKBA, ASID and NARI for an industry gathering to build your connections, enjoy the wonderful hospitality and showroom tour of our host, Stone Source, and earn valuable CEU’s with a very informative presentation.
Wednesday, October 28th-5:30pm Join our Professional Women in Building Council for a fun and casual night of bowling, arcade games, food, drinks and more! Bring family and friends and enjoy a night out at our PWB fundraiser to support our Association.
Thursday, November 19th-5:30pm Meet the Builders and Remodelers Night with Metropolitan Builders and Contractors Association hosted by Ferguson Home in Fairfield, NJ. A great opportunity for personal conversations with local builders and remodelers from two Northern local associations in a conducive format to connect Builders and Associates through face to face interaction. Join us to foster business relationships and enjoy the hospitality of our host, Ferguson.
See information and register for all events at:
https://members.bannj.org/events
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