Thursday, July 6, 2023

July 2023

  

President's Message

BANNJ President Thomas Petersen

I hope all of our members are enjoying the summer with family and friends.  We do have some exciting events in July and August beginning with the Multi-Association Summer Business Social at Reno’s Appliance on Thursday, July 13th.  Join six organizations including BANNJ, METRO, AIA, NKBA, NARI and ASID for this favorite summer networking event and increase your business social capital with introductions to builders, remodelers, designers, architects, realtors, engineers, kitchen and bath professionals and other industry peers for a great evening of business connections, food, fun, live music, prizes and more!  Be sure to invite a guest or two who may be interested in membership and speak to our BANNJ Ambassadors at the event for more information.   

On Wednesday, August 16th we will have an expert speaker who will present a Virtual Seminar on AI in the Home Building Industry.  This important and trending topic will affect both builder and associate members and any building industry professional so be sure to register your company to join us.   Congratulations to the BANNJ members who won awards at Metro’s Awards of Excellence in June including builder member Creative Design Construction and associate members Reno’s Appliance, Caliber Home Loans and Dacor. 

And coming up in the fall…Save the Date for our Annual Business Product Showcase & Beefsteak at The Elan on Thursday, September 28th.  

Be sure to register early and reserve your tabletop to display your products and services to the Northern NJ builders and housing market professionals.  Invite your employees, colleagues and friends and reserve a dinner table to enjoy a delicious beefsteak dinner and play in the bread building contest to win for St. Joseph’s Children’s hospital. 

BANNJ and Metro members met with Rep. Josh Gottheimer to discuss housing issues during the NAHB June Legislative Conference in Washington D.C. 


 

 

Builders:

Mesina Rutstein
Mesina Homes, LLC.
100 Overlook Center, 2nd Floor
Princeton, NJ 18940
214-505-5607
mesina@mesinarealty.com

 

Joseph Spina
J. Spina Construction LLC.
16 Miller Drive
Boonton Township, NJ 07005
973-299-9923
jspinaconstruction@yahoo.com

 


Richard Gaynor, CIC, CRM

by Richard Gaynor 

Michael McDonough, Esq.
 
 by Michael McDonough

 
In the latest episode of the Housing Developments podcast, NAHB CEO Jim Tobin and SVP Paul Lopez take a look at home building from multiple perspectives — economic, policy and regulatory — and discuss what the current business environment means for housing in the short- and long term.
 
Sales of newly built homes in the U.S. surged in May, amid a serious shortage of homes for sale in the resale market.
Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes.
US home prices in April posted their first annual decrease in 11 years, according to the latest S&P CoreLogic Case-Shiller US National Home Price Index, released Tuesday.
 
 
 
 
 

Reno’s Appliance was originally founded in 1951 by Reno Cioletti as Reno’s Radio & TV Shop, the one-stop appliance store located in Paterson, New Jersey. Over the past 65+ years, the business has transformed into the appliance store we know today. Reno’s sons carry on the tradition set forth by their father and bring exceptional customer service each and every day.

Reno’s Appliance is the best place to buy state-of-the-art, reliable appliances in New Jersey. Our retail store in Paterson has a wide selection of refrigerators, dishwashers, ranges, ovens, general kitchen appliances, grills, washers and dryers, and more! We feature high-quality, popular brands including Sub Zero, Jenn-air, Wolf, Thermador, Viking, Sharp, Electrolux, Whirlpool, KitchenAid, and Miele to name a few.

Update your home today with the latest household appliances from our store. We offer excellent package deals and pricing compared to our big box competitors for both indoor and outdoor living. You can even stop by our 16,000 square foot showroom to speak with one of our experienced team members and see why Reno’s Appliance is a trusted name in New Jersey.




Thursday, July 13th- Multi-Association Business Summer Social @ Reno’s Appliance, Paterson-Join industry peers from six associations including BANNJ, Metro, ASID, NKBA, AIA and NARI.  Great evening to connect and make new business connections in a fun and casual atmosphere. 5:30PM

Wednesday, August 16th- Virtual presentation on AI in Construction by a renowned expert in the field and speaker at NAHB IBS show 2023.  4:00PM

Upcoming Fall Events:

Thursday, September 28th- Annual Business Showcase & Beefsteak at The Elan, Lodi 5:00PM
Thursday, October 26th- Reno’s Annual Pre-Holiday Networking Party
Thursday, November 30th- Holiday Gathering & Industry Speaker at Cosentino Showroom, Fairfield 5:30PM

 

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