Business & Finance

Mini-Town Hall Talks by Summit Downtown, Inc. Discuss Business Issues

Trustees of Summit Downtown, Inc.  Credits: SDI
Summit Downtown, Incorporated (SDI) presented a Mini-Town Hall Talk on Wednesday morning at Winberie's. Credits: SDI
SUMMIT, NJ - Summit Downtown, Incorporated (SDI) presented a Mini-Town Hall Talk on Wednesday morning at Winberie's.
The theme of the discussion was “Your Voice, Your Future.” Business neighbors met to share ideas, concerns and suggestions about Summit’s downtown.   
More than 30 business people and town officials were able to discuss important issues and enjoy the light refreshments that were served. Kevin Smallwood, from the firm Smallwood Financial, is the Chairman of SDI Board of Trustees. He welcomed the group and moderated the meeting.
Marin Mixon, executive director of Summit Downtown, emphasized that the organization can be well used as a marketing tool for local businesses because they have a very informative website. Mixon also let the group know SDI can provide welcome packets with coupons, offers, and information about local businesses to corporations and organizations moving into the area. Susan Petrow of SDI also encouraged all of the businesses to post their events on the Facebook page that she maintains to increase their visibility. 

There were many suggestions by the attendees. Andy Jaffey of The Luggage Center suggested that employees of Summit businesses be given “discount days” where they can take advantage of exclusive discounts. Other business persons attending advocated for Saturday Sidewalk Sales every Saturday in the summer to encourage customers to town. Several of the business people suggested entertainment on Thursday nights in the Summit downtown area to encourage persons to come out, listen to music, and patronize local stores and restaurants.
In the future, the Farmers' Market is being located to Bank Street in July and August to bring customers closer to downtown.  In addition, a Green Market will be held on Thursdays from 3 p.m. to 8 p.m. on Beechwood Road. It is hoped that these popular markets will bring more customers to local businesses. Robert Steelman, of 4a Realty mentioned that Summit has a unique opportunity to better use the Bank Street Parking Lot because of its centralized location for events to encourage downtown patronage.
One of the major points of discussion on Wednesday morning was the parking problems in Summit. Many expressed their concern that the parking costs and lack of availability limit the desire for customers to come to town for goods and services.  While this is not a new problem, there were suggestions for new solutions. A number of business people hoped that there would be times that parking fees could be suspended and that customers could obtain parking passes directly from merchants. 
Also, employees of local businesses should always use designated employee lots. SDI hopes to present some suggestions to the Summit Town Council on how parking can be improved and parking problems can be resolved. Robert Weakley, a property owner who serves on SDI’s Board of Trustees, emphasized that a real plan beyond suggestions should developed for the problem.
Additional Mini-Town Hall Talks by Summit Downtown, Incorporated will be held at the Elks Club on March 21 and Aril 2 at 8:30 a.m. and also at Overlook Downtown on April 4 at 8:30 a.m. The events are free and you can RSVP by calling (908) 277-6100. People who have suggestions for improving the Summit downtown area are also encouraged to e-mail Marin Mixon at  For more information on Summit Downtown Incorporated, please visit their website at

TAP Into Another Town's News:

Sign Up for E-News


Upcoming Events


Thu, April 26, 10:00 AM

Summit Free Public Library, Summit

Spanish Storytime

Arts & Entertainment Education


Thu, April 26, 10:00 AM

Summit Free Public Library, Summit

Ages 1-5 yrs.: Spanish Storytime

Arts & Entertainment Education


Thu, April 26, 4:00 PM

Summit Free Public Library, Summit

Grades K-5: Serendipity

Arts & Entertainment Education

Summit Police Blotter

April 11, 2018

3/13 - Jayhee Cho, 32, of Summit was arrested and charged with criminal mischief. Mr. Cho was processed and released with a pending court date.

3/13 - Aseyefigh K. Papanye, 30, of Brooklyn, New York was arrested and charged with theft of credit cards, fraudulent use of credit cards, theft by deception, theft by unlawful taking, obstruction of the administration of the law, and possession of ...

Audio: Point View's Dietze Reviews Tech Alternatives to FAANG Stocks

April 25, 2018

Point View Wealth Management's Founder, President and Chief Investment Strategist, David Dietze, live on Bloomberg on earnings season, FAANG stocks, and how to make money for the rest of the year!:

For nearly 25 years, Point View Wealth Management, Inc. has been working with families in Summit and beyond, providing customized portfolio ...

Video: Point View's Petrides Says Oil Price Hysteria Unwarranted, Talks Tech

Point View Wealth Management's Managing Director and Portfolio Manager, John Petrides, live on BNN Bloomberg discussing stocks with oil near $70 per barrel and major Tech earnings this week:

​​​​​​For nearly 25 years, Point View Wealth Management, Inc. has been working with families in Summit and beyond, providing customized portfolio management ...

Fear of Rising Rates? Remember The Reason You Own Bonds

If the current interest environment has you concerned about your bond portfolio, remember why you are investing in bonds.  The role bonds, or fixed income, play in a portfolio is not solely based on performance.  Bonds are used to offer stability, particularly when stock market volatility is rising. Rate hikes can dampen bond performance, but keep perspective on how rising rates impact ...

Managing the Ups and Downs of First-Time Homebuying

They accepted our offer, now what?

At times both equally exhilarating and terrifying, the purchase of home can be a total roller coaster ride -- especially when it is your first time going through the process. Between suddenly being expected to understand the intricacies of contracts and the inner workings of a home, you are also expected to start writing checks for amounts you may never have ...

Cluelessly Clueless

I teenaged my way through high school under the assumption that my parents had no idea what I was doing.  I like to think I was pretty good at withholding information and presenting situations in ways that were other than they really were.


Still, sometimes they found things out.  Like the time my friends plopped me on our front door step at one o'clock in the morning ...