ROI-NJ

The Newark office of McCarter & English, LLP recently announced that Christopher Adams has joined the firm’s white collar litigation team. Adams brings more than 25 years of white collar and civil litigation experience, having represented high-profile defendants, including elected officials, athletes, candidates for public office, political campaigns and many mid-to-large business organizations. Adams, who joins the firm from Greenbaum, Rowe, Smith & Davis, concentrates his practice in the areas of criminal defense, internal investigations, attorney ethics matters, and complex commercial litigation. Read more:

For the third year in a row, NJM Insurance Group has been named as a Ward’s 50 company by Ward, a business unit of Aon plc and a leading benchmarking provider for the insurance industry. This recognition places NJM Insurance as a top-performing company nationally in the insurance industry. “NJM is committed to maintaining the highest levels of financial stewardship, so we are honored to receive this recognition,” NJM CEO Mitch Livingston said. “Our placement as a top performer among insurance companies is a testament to our team’s hard work and dedication to operating for the exclusive benefit of our policyholders.” This prestigious group of 50 companies is chosen from almost 3,000 property-casualty insurers headquartered in the U.S., following a review of their financial performance by Ward. Each company on the list has passed all safety and consistency screens and achieved superior performance over the five years (2019–2023) analyzed. Read more:

It was an enriching afternoon at ROI-NJ's Mindset Matters wellness & networking event. The day was filled with insightful sessions on mindfulness and leadership, highlighted by keynote speaker Amy Arvary, M.ht.'s captivating hypnosis session — more photos and moments to come. Thank you to our partner Caryl Communications Inc. and vendors Beach Bum Beauty LLC, Just Jersey, LinkedbyMint, Moxie Salon & Beauty Bar, and the Women's Center for Entrepreneurship.

Lincoln Equities Group obtained a $60.8 million construction loan for a 420,024-square-foot industrial asset at 861 Sloan Ave. in Hamilton, according to a Wednesday announcement from Cushman & Wakefield, which served as the exclusive adviser. The loan was provided by PCCP, LLC. A Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Chuck Kohaut, T.J. Sullivan and Jason Blankfein represented the borrowers. “This transaction underscores the strong demand for high-quality industrial assets in strategic locations,” Alascio said. “861 Sloan Ave.’s proximity to key ports and major highways, coupled with the robust local consumer base, makes it an attractive opportunity for investors.” Read more:

The New Jersey Department of Environmental Protection on Thursday announced it will issue a very limited approval to the Passaic Valley Sewerage Commission for the construction and emergency use only of a backup power station on its 140-acre site that borders the Newark Bay. The potential permit from the DEP marks the completion of an environmental justice review, but the approval is just one step of a permitting process that is expected to last an additional six months. The approval would only allow the PVSC to operate the facility in the event of a storm that disrupts PVSC’s power service. And it would come with numerous other environmental conditions, which — when implemented — would create a net overall reduction in the emission of air pollutants from the PVSC facility as a whole, DEP Commissioner Shawn LaTourette said. More than that, building the backup power facility would (hopefully) prevent further situations where power outages have resulted in raw sewage flowing into the Newark Bay and back into homes and businesses the plants serve. Read more:

Breaking News: The state of New Jersey is making a serious push to convince the Philadelphia 76ers to move to New Jersey and into a new arena that would be built in Camden, four people familiar with the discussions confirmed to ROI-NJ. Read more: https://lnkd.in/e_EhAEyi

Breaking News: Kolluri to step down as head of Gateway Tunnel project

Gov. Phil Murphy didn’t have any precise figures to hand out, as conversations are still ongoing, but the governor offered that efforts of the FIFA 2026 World Cup Host Committee for New York/New Jersey to raise in excess of $100 million for logistical concerns are going well. “I feel like we’ve got good momentum,” he said. “People are buying the notion that, while the numbers may be big, it’s going to be in the category of, ‘Boy, that was worth it.’” Murphy made his comments Wednesday, two days after seeing the impact of global soccer firsthand, as he led a small contingent that visit Germany for the final of Euro 2024 — the second-biggest tournament in the world. The governor and first lady Tammy Murphy had numerous meetings with government and business officials during their brief stay. And, while the emphasis was on economic development, the World Cup kept coming up. Read more:

There were players going into the stands to protect their families in Charlotte, North Carolina. And fans without tickets rushing through the entry gates of the stadium in Miami — a mob scene that easily could have turned deadly. Fortunately for MetLife Stadium, nothing of the sort happened when it hosted three games in the recent Copa America soccer tournament. The goal is to keep it that way. While the FIFA 2026 World Cup Host Committee for New York/New Jersey and MetLife Stadium officials certainly have been busy working through all of the challenges that the World Cup will bring, crowd control and security quickly rose to the top of the list following those two scary incidents last week at other Copa games. Gov. Phil Murphy, who said he was stunned when he saw the images while on a trip in Germany, said he was grateful that something like that has never happened at MetLife — but, he quickly ordered a meeting to review the precautions that are in place. “On Monday morning, I was on with the team, including the MetLife leadership,” he said. “I said, ‘Let’s review all protocols … and let’s make sure it never happens.’” Read more:

The Tara Dowdell Group, an award-winning social good public relations and marketing agency in Jersey City, announced this week that it has launched a podcast, “The TDG Take,” which will aim to providing engaging and inspirational content that will offer practical insights and actionable advice to fuel professional growth and success. TDG founder Tara Dowdell said the podcast matches the firm’s mission to foster entrepreneurship and empower communities of color. To do so, it will offer a platform for diverse voices and perspectives, with a special focus on supporting the Black and brown community, she said. Each episode will feature candid conversations with industry leaders, innovators and changemakers, sharing their stories, expertise and strategies for success. The first episode, featuring Joy Reid of MSNBC, is out. Read more: