Recent Articles from Christopher Schultz
NJEDA CEO Discusses COVID-19’s Impact on Minority-Owned Businesses with Steve Adubato
Recorded on 9/22/20, Steve Adubato is joined by Tim Sullivan, CEO, New Jersey Economic Development Authority, to discuss the ways NJEDA is supporting small businesses during COVID-19; the impact of the public health crisis on minority-owned businesses; and NJEDA’s offshore wind and clean energy projects.
Business Profiles 2020
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Digi-Tech 2020
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Reader Rankings 2020
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The new order
In an effort to combat the increased number of COVID-19 cases in New Jersey, on Oct. 28 Gov. Phil Murphy signed Executive Order No. 192 providing mandatory workplace standards in an effort to protect employees during the pandemic. Under the order, all employers were required to adhere to certain health and safety protocols as of 6:00 a.m. on Nov. 5.
Plugging the leaks
In the wake of the COVID-19 pandemic — which spurred massive job cuts and sent individual and business spending into a deep freeze — New Jersey’s tax revenue plunged, sending state officials on a desperate search for financial life support. The solution included a bifurcated budget; some spending cuts, more than $4 billion of new borrowing, and some new taxes.
Tax curveballs
As if the health effects of COVID-19 weren’t enough, the deadly virus may also slam individuals and businesses with more grief in the new year. From determining how states will tax the income of telecommuters, to unanticipated consequences stemming from Payroll Protection Program loans, there’s a lot of confusion. NJBIZ spoke with business experts for some answers.
The big question for 2021
The result of the presidential election is now clear but a nail-biter race in the U.S. Senate means control of the upper house likely won’t be decided until January 2021. That hasn’t stopped some tax lawyers, like Steven Loeb, from advising his clients to take some steps now before time runs out.
A COVID craft boom
While some call it an outlet, Ann Marie Santarelli calls it an addiction. But, she said, knitting is the only addiction she knows of that doesn’t have adverse consequences. “You’re not smoking pot or drinking booze or selling your soul in the street,” Santarelli said. “They call it the new yoga. Because you focus on your work, it takes you away from the negative for a while.”
A new era
Nearly 1,000 people have filed complaints during the first month of a new state system meant to ensure employers are following a set of rules to protect their workers and customers from exposure to COVID-19. That’s certainly good news and a good first start, according to unions and labor rights groups. Workers at restaurants and hospitality, retail, factories and manufacturing, health care, casi[...]
When the seats are empty
“I’m sitting at home watching the Masters with my wife on a Giants-Eagles game day. That would never happen!” Palsi is the owner of the Redds Restaurant & Biergarten in Carlstadt, which his family has run since 2002. He said his establishment is very much event-driven, so the no-fans policy at Met Life Stadium hits extremely hard.
Being like water
Celebrating its 75th anniversary this year, Alfred Sanzari Enterprises has long been a respected commercial real estate firm in New Jersey. The company’s deep office, industrial, retail and medical portfolio includes such iconic properties as Court Plaza in Hackensack and Glenpointe in Teaneck.

















