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Summit Common Council Introduces 2020 Municipal Budget Amendments; Projected Tax Levy Increase Now Pegged at 1.16 Percent

June 2, 2020

SUMMIT, NJ - Clocking in at 133 minutes in length, the Summit Common Council's May 26 meeting was in comparison to recent gatherings -- especially those since the COVID-19 'era' began -- a relative marathon. The duration can be ascribed to the detail-centric agenda dominator that is better known The Municipal Budget, a traditionally painstaking process made ...

NJ Launches $100M Short-Term Rental Assistance Program

TRENTON, NJ - New Jersey Lieutenant Governor Sheila Oliver joined the governor and other officials at the May 29 COVID-19 press conference. Donning her hat as the head of New Jersey’s Department of Community Affairs, Oliver introduced the implementation of a temporary rental assistance program.

According to Governor Phil Murphy, the state plans to apply at least $100M to begin the ...

Murphy on George Floyd Killing: 'We Need a Deeper Well of Accountability and Responsibility'

TRENTON, NJ -- Gov. Phil Murphy closed out his daily COVID-19 press conference on Friday with comments about the death of George Floyd, a black man who died after a white police officer in Minneapolis kept his knee on Floyd's neck for almost nine minutes.

"George Floyd should be alive today – not just as a matter of principle or justice, but as a matter of human ...

Broad Plan: Milling and Paving Project to Affect Parts of Major Thoroughfare in Summit Starting June 1

SUMMIT, NJ - Broad Street will be closed to traffic beginning during parts of a milling and paving project conducted by the County of Union, beginning June 1 through June 15, weather permitting. The project, which will run the entire length of Broad Street between Morris Avenue and Middle Avenue, will cause traffic to be diverted to Morris Avenue. 

Police officers will ...

Summit Transfer Station Open Five Days Per Week Without Appointments Beginning June 2

SUMMIT, NJ, - Beginning June 2, the City of Summit Municipal Transfer Station will open to residents on a five-days-per-week schedule -- Tuesdays to Saturdays, from 7:30 a.m. to 2:30 p.m. -- with no appointments needed. Commercial use, temporary passes or U-hauls are not permitted at this time.

Face coverings are required and social distancing guidelines are in ...

Summit Common Council Agenda Preview - May 26

The next Common Council meeting will be held on Tuesday, May 26 at 7:30PM.  Once again, members of Common Council, Mayor Radest, and city staff will be participating electronically in this meeting. For this and all future electronic meetings, members of the public will be able to comment by video or audio conference with access codes and instructions posted on the city ...

Approved 2020 Budget Won't Increase County Taxes; Summit's Share to Decrease Slightly

UNION COUNTY, NJ — The Union County Board of Chosen Freeholders approved a budget that will not increase County taxes — the first time in nearly 20 years — to ease financial pain for residents and business owners caused by the coronavirus pandemic. 

The 2020 budget, which was unanimously passed at the Freeholders' May 21 meeting, promised to avoid layoffs and ...

NJ's Unemployment Rate Soars to Highest On Record

TRENTON, NJ – The head of the state's Department of Labor said Thursday that the measures enacted to slow the spread of the coronavirus COVID-19 have resulted in the state’s unemployment numbers soaring to their highest recorded levels.

Robert Asaro-Angelo said that the state’s unemployment rate has hit 15.3% - the highest level since the state first started recording the ...

Port Authority Asks for $3 billion from Feds to Recoup COVID-19 Losses

NEWARK, NJ — Standing before the unfinished Newark Liberty International Airport’s Terminal One redevelopment site, Rick Cotton, executive director of the Port Authority of New York and New Jersey, detailed the drastic losses the government agency suffered as a result of the coronavirus. 

With a 97% drop in passenger volume at Newark airport alone (the difference between ...

Given Logistical Challenges Posed by Pandemic, Summit Council Exploring Ways to Enable Enhanced Public Participation During Budget Process

SUMMIT, NJ - The City of Summit Common Council, at its May 12 meeting, addressed how to ensure transparency in the City budget process during these unusual times and how to accommodate the highest levels of public input at online Council meetings. Council President Marjorie Fox opened the meeting, which was again held remotely, with a moment of silence for the 16 Summit residents who ...

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Summit Police Blotter

May 30, 2020

05/13 - At 1110 hours a report was taken for a theft from a Broad Street business of soft top covers for a Jeep Wrangler style vehicle. The victim reported the incident occurred sometime within the prior thirty days, when six (6) Jeep Wrangler soft tops were stolen from the property. The victim reported the combined value at the time of the report was approximately $18,000.00. 

05/13 - At ...

Summit EMS Report - April, 2020

Summit’s EMS Volunteers answered 135 emergency calls for help in April. These included 91 medical emergencies: eight motor vehicle accidents, including a rollover, a head-on collision, and a person trapped; 10 traumatic injuries; 10 falls; five reports of poisoning or overdose; one allergic reaction; and two responses to a medical alarm. Squad Volunteers also ...

VIDEO: Point View's Dietze Reviews Investment Opportunities as Market Looks Forward

June 1, 2020

What five stocks should you add to your portfolio today? Point View’s David Dietze Skypes live with Nicole Petallides:

https://bit.ly/2XFlea9

Point View Wealth Management is an SEC-registered investment adviser and part of Peapack Private Wealth Management. For over 25 years, Point View Wealth Management has been providing customized portfolio ...

We Still Need Your Help | Donation Drives at the Summit YMCA

Thank you so much for all you have done, with your help we have been able to entertain and feed countless families. But we are not done! Close to 100 Games have been donated and distributed to those in need but so many families could still use a way to stay engaged while staying safe at home. Our commitment to Youth Development, Healthy Living and Social Responsibility has not and will not ...

Summit Real Estate Report - March, 2020

Prominent Property Sotheby's International Realty's regional Summit office provides an inside look at the Summit real estate market, utilizing Garden State Multiple Listing Service statistics illustrating the numbers and trends that tell the story.

This edition of the Summit Real Estate Report details information from March, 2020.

Active Listings ...

Consumer Defensive Stocks – A Safe Port in the Storm?

As the Coronavirus grips much of the world, global travel and commerce have come to a screeching halt.  The last thing people want to think about is getting on an airplane, checking into a hotel or spending money on the latest fashions.  They are concerned about sourcing food, cleaning supplies, and the holy grail – toilet paper. 

Investors have long been drawn to consumer ...

Community Conversations: Guiding Patients with Cancer

Join Eric Whitman, MD, medical director of Cancer Care for Atlantic Health System, for a Facebook Live where he will share guidance for patients with cancer as we coexist with COVID-19.

Rules of Engagement

The unofficial start to summer has begun and people are emerging gingerly from their Covid-free lairs like bears from hibernation. And after months living in quarantine without pants or haircuts, the question on all of our minds as we contemplate going out in public is, how is this supposed to work?

Here are some useful etiquette tips to help you open up this summer.

There seems to be so ...