Tuesday, September 6, 2022

September 2022




President's Message


BANNJ President Thomas Petersen

I hope all of our members enjoyed a wonderful summer 2022 with family and friends.  We are all set to begin our fall schedule of events, beginning with our Annual Business Showcase & Builders Beefsteak on Thursday, September 29th at a new venue this year, The Elan in Lodi, NJ.  Please take advantage of this opportunity and reserve a vendor tabletop to showcase your company’s products and services to the Northern NJ building community.   

Be sure to reserve your dinner table to invite your team for a fun night out filled with camaraderie, enjoy a delicious, traditional Beefsteak Dinner, and compete with your dinner table in the bread-building contest for charity.  The winner will be awarded a donation to benefit St. Joseph’s Children’s Hospital.   

There is no better event to highlight our many dedicated Associate Members during NAHB’s Associate Appreciation Month in September. We hope many of our Builder Members will attend to thank our outstanding Associates who work diligently to promote and support the building industry all year long.   

Offering discounts for groups of 5 or more and premium visibility sponsorship packages available. Don’t miss out and register today for the Beefsteak and all upcoming events at https://members.bannj.org/events. 

September is Associate Appreciation Month-Thank You BANNJ Associate Members!

 




‘We’re in a housing recession’

The Federal Reserve’s aggressive efforts to ratchet up interest rates have spurred concerns that the U.S. economy is heading toward a recession. But one pivotal industry may already be there.

Mortgage rates rise to highest level since June. What it means for home prices.

 

The average rate on a common type of home purchase loan this week remained at its highest level since late June, according to weekly data released Thursday. The gain represents further strain to home affordability.

 

‘Bargaining power is back’: The housing market is finally becoming more buyer-friendly — as sellers cut prices and make repairs

 

More good news for home buyers: A new survey from Realtor.com found that sellers are offering more concessions to lure buyers into signing contracts.

 

Housing market slowdown deepens, as number of mortgage applications fall. But there’s one piece of good news for buyers.

 

The U.S. housing market continues to weaken as higher mortgage rates and economic uncertainty both weighed mortgage-application volume, the Mortgage Bankers Association said on Wednesday.

 




*New at BANNJ-Ambassador Program

Over the summer, our newly formed Ambassador Program volunteers met to discuss goals for the group.  The program is meant to enhance the mission of our association, mentor new and potential members at BANNJ events and promote events and the association pillars of membership, education, advocacy and business to business networking and opportunities in all four counties that we serve-Bergen, Passaic, Hudson and Sussex.  If you or someone from your company is interested in participating as a BANNJ Ambassador, please contact the BANNJ office at 201-843-6868 or bannj@bannj.org. 

 


BANNJ Ambassadors from left front: David Gaynor, Middleton & Co, Derek Weissman, Procida; back: Alan Archuleta, Archuleta Builders, Executive Officer, Kathleen M. Kurpiel, President, Thomas Petersen, TP Builders/SportProsUsA, and Kristie Davida, Home Ateliers



 

JNG Painting, LLC.
Jaime Toledo
725 Alps Road
Wayne, NJ 07470
jngpaintingllc@gmail.com
Visit
www.jngpainting.com to view their gallery and available services.

 

 

 


**JOB POSTING**

BANNJ Builder Member, Tri State Construction Group, LLC., is seeking a Project Manager. 

Description: Oversee current projects, budgeting, materials, process necessary paperwork, handle payroll.  Schedule field personnel accordingly.  Will report to company principal. Must have own transportation and pass a drug screening and background check.

Please contact John Rodriguez at 201-292-3777 or jg3r@hotmail.com 




 

THE 11TH ANNUAL 4 MILER
Saturday October 1, 2022
Garret Mountain, Woodland Park, NJ

BANNJ Premier Partner, Sax is an avid supporter of St.  Joseph’s Children’s Hospital in Paterson, NJ. 

For the past ten years, the firm has facilitated the 4 MILER at Garret Mountain run/walk event with 100% of dollars raised directly supporting the hospital’s Child Life Department. This year, we will be returning to Garret Mountain for our in-person event-and we are beyond excited to see everyone again!  See here for information and to register https://www.saxllp.com/sax4miler/.



Wednesday, September 14th-Back to School All Day CEU Event at Cosentino.   

All BANNJ members invited to register here. 

 
Thursday, September 29th-Annual Business Showcase & Beefsteak**NEW VENUE** The Elan in Lodi.  Don’t miss this annual favorite Northern NJ mini trade show and participate in one of the best networking events of the year.  Reserve a tabletop and market your goods and services to building industry professionals, enjoy a fantastic Beefsteak Dinner, including beer & wine and join your table in our bread building contest to win for a charity!  Vendor tabletops will be limited, so register early.  Great opportunity to reserve a dinner table and bring your employees and team to this great industry event. Discounted group rates will be available!  Doors open at 5:00PM.

Thursday, October 20th-Reno’s Annual Pre-Holiday Networking Party.  You are invited to attend this annual event and enjoy the generous hospitality of the Reno’s team while networking with familiar faces and new business contacts.  Fantastic food, beverages, live music, prizes and much more!  5:30pm.

Thursday, November 10th- Join Sub Zero Corporate Chef, Ann Marie, for this team building cooking class with a Thanksgiving holiday theme!  Meet us with some of your colleagues in the beautiful SZ newly renovated Pine Brook showroom and get some useful tips to prepare your favorites for the holidays while making business connections. 5:30pm.

Thursday, December 1st- Holiday Gathering/Young Professionals Event/Industry Speaker.  Stay tuned for more information. 5:30 PM at Wayne Tile, 55 Spring Street, Ramsey, New Jersey

Register for all events at https://members.bannj.org/events.