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OnSiteMetropolitan Builders & ContraCtors assoCiation of nJ newsletter
2014 Awards of Excellence
Early Bird Winner
Morris Brick & Stone Company
See page 9
June 2014
3.
Editor: Sharon Barkauskas
OnSite prepared in conjunction withDonna Weiss Graphic Design,
Spring Lake Heights, NJ and printed by
U.S. Press, Valdosta, GA
Gold Hammer Sponsors
Silver Hammer Sponsors
Metropolitan Builders &Contractors Association of NJ(Metro - formerly CBRA)
39 East Hanover Avenue • Suite C2 Morris Plains, NJ 07950
Phone: 973-887-2888Fax: 973-887-2926
Website: www.metrobca.org
Over the last few months, our Association has been running well through the
efforts of Sharon, Aileen, our elected officers and the many volunteers who have
stepped forward in the absence of an Executive Vice President. We have been
able to put on a successful Casino night, Networking Seminar and Benefits
Program. There has been a wonderful atmosphere around our Metro office and
we have not lost a step. It is truly, “Business as better than usual” at the
Metropolitan Builders and Contractors Association. I am proud of this Association
and its dedicated members.
That being said, it is my pleasure to announce to the membership of the
Metropolitan Builders and Contractors Association that our search for a new
Executive Vice President has netted us an absolutely amazing selection from our
own ranks, that is, KT Catlin. KT has been part of our Association for many
years. She has volunteered her time to serve on numerous NJBA and local com-
mittees. She is also a member of this year’s Metro Board of Directors and a
familiar face at our events.
KT has been in the real estate industry for numerous years and will bring that
experience to our Association. She has worked for several new home developers
as their on-site Sales and Marketing Directors and understands what it takes to
be a Builder in this market. Most recently, she was the Regional Manager for the
Hillsborough based Century 21 Worden and Green. She has been honored by
NJBA with numerous awards throughout the years. For example, in 2001 she
received the Chairman’s Public Relations Award and in 2003 she was selected for
the Associates Hall of Fame. KT Catlin is well respected, professional and will
lead by example. This is going to be an exciting new chapter in the history of
our Association.
Our biggest event of the year, the Awards of Excellence, is coming up on June
12th at the Sheraton Parsippany Hotel. At this annual event, our organization
takes the opportunity to recognize the extraordinary work of our members. It is
a wonderful evening for all of us to see what our peers are doing and follow
trends in the market. There are still opportunities available if you would like to
sponsor parts of this very well attended event. I look forward to seeing everyone
there.
Lastly, it is with a very heavy heart that I mention the passing on April 24th of
our former Executive Officer, Howard Wolfe. I spent a lot of time with Howard
when I was CBRA President in 2007. We really got to know each other. His wit
and sense of humor were his trademark. Howard’s guidance and leadership left a
mark on this Association. Anyone who was in the
Association a few years ago knows what a wonderful
person Howard was. Howard Wolfe was a profession-
al, a friend, and will truly be missed.
Dominick Paragano2014 Metro President
President’s MessageJune 2014
Take noteNew Name
4.
5.
Membership Sponsors
associates
“Building Our Future . . .One Member At A Time”
WELCOME NEW MEMBERS
Karen Arakelian
White House Designs for Life
867 Black Oak Ridge Road
Wayne, NJ 07470
973-831-8300
973-831-8448 Fax
973-464-0157 Cell
www.designsforlife.com
Sponsor: David Bossart
Bio:
Furniture showroom offering full service
interior design.
Jeffrey London
Tri-State Insurance Agency
96 Route 206 North
Sussex, NJ 07461
973-579-6776
973-579-0111 Fax
973-615-4043 Cell
www.tsia.net
Sponsor: Thomas Paragano
Bio:
Provides property and casualty insurance
to contractors and builders.
James J. Mantz, PE & LS
150 Brahma Avenue
Bridgewater, NJ 08807-2755
980-231-9664
Sponsor: Rob Fallone
Bio:
Consulting Engineering and Land
Surveying.
Heinz Michael Ruepp
Henry Ruepp Marble Stone Contracting
14 Landing Trail
Denville, NJ 07834
973-627-3178
973-627-3178 Fax
Sponsor: Dominick Paragano
Bio:
Stone masonry - stairs, walls, ceramic tile,
bathrooms, floors, back splashes, steps,
retaining walls, fireplaces, pavers and
sidewalks.
Adam Saltz
Royal Building Products
18 Calumet Avenue
Rockaway, NJ 07866
862-200-0717
Sponsor: Dominick Paragano
Bio:
Building materials
Frank Lay
Caliber Home Loans
343 Thornall Street, Suite 550
Edison, NJ 08837
814-404-2191
855-437-2115 Fax
www.caliberhomeloans.com
Sponsor: Michael Borodinsky
Bio:
Banking and Mortgage Company
NaHB associates
Roger Polo
Quality Custom Homes, LLC
12 School House Lane
Morristown, NJ 07960
973-292-2439
973-292-0059 Fax
973-417-4260 Cell
www.polomasterbuilders.com
Sponsor: Joseph Costantin
Bio:
Builder with in-house architectural
design team.
Builder
Note: All new members will be
introduced at General Membership
Meetings and have an opportunity
to present a brief description
about their business.
All New Members Will be
Posted Monthly on the Website –
www.metrobca.org
Club MemberDominick Paragano 9
Rob Fallone 2
2014 Membership
Gold Club*
*Membership in this prestigious Club is for any Metro (CBRA)
member who has brought in 2 or more new members during 2014.
Thank you for your efforts in recruiting new Metro members!
6.
7.
I have been in the drywall and commercialcarpentry business for 25 years. Initially found-ed as Lipoczky & Sons, Inc., my family hasbeen in the drywall business for 50 years. Myfather, brother and I offer over 100 years ofcombined hands-on experience in the business.
Initially providing only drywall application and finishing, LipoczkyBrothers has, over the past 25 years, expanded to provide metal stud fram-ing, suspended ceilings, and commercial door and hardware installationsfor commercial construction and tenant fit-up throughout New Jersey andEastern Pennsylvania.
Upon completing a BS degree in Economics and Finance from FairleighDickinson University in 1988, I decided to pursue a career in real estateand land development. However, given the dismal real estate market at thetime, I abandoned the real estate business and began to work with the fam-ily business. Over the following years and decades, my brother, Stephen,and I grew and diversified the business and have selectively worked withnational builders, regional and local builders and contractors, and com-mercial property owners.
Lipoczky Brothers, Inc. completes 3-500 various projects annuallydepending on volume, ranging from small projects, to large scale residen-tial, and corporate headquarter projects in the tri-state area. We maintain ahands-on management approach to assure that our customers receive qual-ity service, management, and the production our customers have becomeaccustomed to from Lipoczky Brothers. We are fortunate and have workedhard to maintain the satisfaction of our customers as well as our employ-ees and staff. We have had virtually no turnover in management, service,administration or labor staff for 15- 20 years.
I thank the Metropolitan Builders and Contractors Association for pro-viding the opportunity to be acknowledged as the Associate Spotlight. Wehave been Association members for well over a decade. I was fortunate inthat I never had to advertise my business or network. However, after thedramatic slowdown in construction after 2008, I decided to attend anAssociation meeting. At the first meeting I attended, I discovered thatmany of our customers were in attendance as well. I continued to attendmeetings rather religiously thereafter and for the past 4 years or so, I havedeveloped many new and valuable relationships with members, andacquired numerous new customers through the Association. The qualityof members in this Association creates a valuable atmosphere for businessdevelopment, support from fellow members, and access to the expertise ofeach member. I will continue to regularly attend Association meetings andto fully support and promote the Association in the future and urge allmembers to do the same.
John Lipoczky Lipoczky BroTHerS, iNc.
Thank you may 15th
meeting Sponsor
8.
MITCHELL RAIT, ESQ.
BUDD LARNER, P.C.
150 John F. Kennedy Parkway
Short Hills, NJ 07078
T: 973.315.4463 F: 973.379.7734
www.buddlarner.com
Early
Bird
HOURS: MON - FRI 7:00AM TO 5PM - SAT 7:00AM TO 12PM
In MemoriamHoward
Wolfe
9.
Morris Brick & Stone Company is a
leading retail and wholesale masonry
and landscape supply yard located in
Morristown. Morris Brick & Stone
was established in 1936 and is a fam-
ily owned and operated business spe-
cializing in masonry building and land-
scape supplies. The company was founded
by Morris Goldberg and is now headed by his son, Herb
Goldberg, who serves as President. Two of Herb’s sons, Todd and
Mark, also work in the business.
This past spring, Morris Brick & Stone opened a new show-
room at 94 Ridgedale Avenue in Morristown which also includes
a stone cutting shop that will allow Morris Brick to fabricate a
wider variety of special orders for their customers. The new, two-
story, 3,500 square foot brick-faced building was built in federal
architectural style to reflect Morristown’s colonial heritage.
Morristown served as Washington’s headquarters from 1779
through 1780. The new building is located on a site which has
been in the family since the 1940s. 94 Ridgedale Avenue was for-
merly the home of Morris and Mollie Goldberg, the company’s
founders. Morris Goldberg, who originally was a demolition con-
tractor, got into the brick and stone business as a result of saving
building materials he recovered from demolition jobs.
“Our goal was to build the nicest building on the block, which
we hope will set a new standard for Ridgedale Avenue,” Todd
Goldberg said of
their building. “Our
business is continu-
ing to grow; and with
this building, we
hope to stay compet-
itive for many years
to come.” “One of
the main benefits of
the new building is it
will be visible to the
27,000 cars a day that travel Ridgedale Avenue, thus driving retail
traffic. The new showroom will have a wide selection of thin
veneer stones, full size brick, thin brick, and custom edges for
Pier caps, wall coping, hearths and mantles.
The company prides itself on being one of the largest suppliers
of used brick in the New York/New Jersey metropolitan area, as
well as one of the largest dealers in CST paving stones and Versa-
Lok retaining wall systems. Additionally, they are authorized
dealers of Techo-Bloc, Belgard by Anchor and Unilock, special-
izing in a wide range of concrete pavers and retaining wall stones.
Morris Brick & Stone has been a member of the Association
since 2004. They are a regular advertiser in Metro’s OnSite
newsletter as well as sponsor of several events over the years. As
the “Early Bird” winner for entries in the 2014 Awards of
Excellence competition, Metro wishes Morris Brick & Stone
good luck on June 12th at the Awards Presentation Dinner at the
Sheraton Parsippany Hotel.
For more information about Morris Brick & Stone,
visit www.morrisbrick.com
Early
Bird
Father and Son – Herb and Todd Goldberg
2014 awards of excellence
“early Bird” entry winner
Morris Brick & Stone
10.
Lewis Zlotnick and Howard Irwin (center) of Woodmont Properties and their "Metro Tree Family"
metro Business Tree
11.
New Jersey’s Commercial Real Estate is
Strengthening
National trends may not be terribly positive but
The Star-Ledger reports New Jersey’s commer-
cial real estate market is coming out of its slump.
Quoting Kevin Thorpe the chief economist of
Cassidy Turley, who noted that vacancies are down to just over 15 per-
cent and “…North and Central Jersey markets rank among the top 10
nationally in demand for office space…” while the “National Association
of Realtors (NAR) predicts vacancy rates nationwide will decline
between 0.2 percent and 0.6 percent in the office, industrial, and retail
markets from now until August 2014.”
What’s driving the positive trend? Jobs, which is odd given New
Jersey’s unemployment rate remains stubbornly higher than the national
average. However, the areas of job growth in the state are in “all of the
state’s designated metropolitan areas are adding jobs at a rate that out-
paces the rest of the country. The state created 49,000 net jobs last year
and looks on pace to create 76,000 new jobs this year.”
Good news for Residential Market?
The state’s residential housing market showed strength as well, but
with a twist: more demand than supply. In a similar article, The Star
Ledger reported on a New Jersey Association of Realtors survey that
found that “year-over-year, single-family home sales were up in New
Jersey, but the number of houses on the market has dropped by double
digits.” The average price of a house rose 7 percent to more than
$400,000 and houses were on the market for less time. Concern about
conditions for another housing bubble did not go unnoticed, but the
Ledger quoted the real estate concern Trulia, that the New Jersey market
remains undervalued, “‘During last decade’s housing bubble, prices were
as high as 39 percent overvalued,’ Trulia chief economist Jed Kolko said
in the report. ‘We estimate that national home prices are (now) 5 percent
undervalued,’ he said.”
Even the Banks are Cooperating
Mortgage loan rates, which have been at historic lows for the past few
years but strengthening, spiked in August but dropped back to a four
month low in October, according to Bankrate.com. The common 30-year
fixed rate broke 4.7 percent in August but came back down to 4.27 per-
cent in early October and has flattened out there. The volatility, accord-
ing to Bankrate.com, was the Federal Reserve’s possible end to its quan-
titative easing policy this summer. The Fed chose to continue it policy
due to perceived weakness in the economy.
But the site is quick to suggest the good times won’t last forever, “But
don't get used to the trend. The rate on the most popular type of loan is
expected to march to 5 percent next year and the volume of loans from
homeowners refinancing their loans could drop by more than 50 percent,
according to a forecast released by the Mortgage Bankers Association
this week.” Most observers believe the Fed will slow down if not end its
bond-buying policy in 2014 which will raise rates on many loans.
Refinancing will be the first impacted and experts forecast, “The volume
of refinance originations nationwide will drop to about $463 billion in
2014 from more than $1 trillion this year…” If refis decrease, there could
be positives for new homebuyers as banks look to make up that lost rev-
enue.
New Jersey’s real estate market is far from recovered but the commer-
cial and residential trends are positive despite higher than average unem-
ployment and possibly increased mortgage rates. The timing of big
changes is hard to predict given the Fed has fooled the market more than
once and economic trends remain unsteady. Still, the news better than it
has been for a while.
NJ real estate marketBill Meller, Smolin Lupin & Co, PA
12.
SAVE THE DATES Thursday, June 12
Awards of ExcellenceDinner and Presentation of Awards
Sheraton Parsippany Hotel - 6pmReservations Required - See form on Page 4
Save the Date!Thursday, July 17Grillin n’ Chillin is back!
The Raritan Inn, CalifonDetails to Follow Soon
Call Sharon at the Metro office for more informationor visit our Website-www.metrobca.org
Metro NotesCongratulations to...
Way to go...
Metro members who recently received NAHB Spike Awards:
Jim O’Brien Spike Club 6 Spikes
John Udell Spike Club 6 Spikes
Frank Belgiovine Life Spike 25.5 Spikes
Dean Mon Life Spike 82 Spikes
Dominick L. Paragano Life Spike 154 Spikes
Steven Caporaso Life Spike 300 Spikes
Frank Belgiovine receiving his NAHB
Spike Certificate from Dominick
Paragano at the April 17th General
Membership Meeting.
David Bossart, Bossart Builders, and
Robert Bracken, Wynfield Corporation,
for being nominated to serve as Directors on the 2014 NAHB
Board of Directors.
Lakeland Bancorp for being named by Forbes as one of
“America’s 50 Most Trustworthy Financial Companies” rank-
ing 25th in the “Small Cap” category.
13.
Metro2013 BPAC CONTRIBUTORS
Anthony Bevilacqua
Michael Borodinsky
David Bossart
Mary Caporaso
Andy Cattano
Randy Csik
Philip Deacon
James DiCerbo
Robert Fallone
Ryan Gibson
Sean Gibson
Carl Goldberg
John Goltra
John Healey
Gerard Kaminek
Josh Mann, Esq.
Patrick McAuley
Dean Mon
Dominick L. Paragano
Robert Rau
Stephen Shaw
Barry Solondz
Ronald Sozio
John Stasche
14.
Coldwell Banker New Homes 31
Eaglesite Management 25
Heritage Manor Homes, LLC 25
Residential Warranty Corp. 24
LC Realty 21
Aaron & Company 20
Mark-Built Properties, LLC 11
Instant Air Heating and Cooling 4
Inglesino, Pearlman, Wyciskala & Taylor, LLC 3
Kohler 3
EMET Realty Management & Development 3
Archer & Greiner, PC 2
Tony’s Flooring, LLC 2
Cosmos Title Agency, LLC 2
Tag OnLine 2
RE/MAX Classic Group 1
Rose Window Treatments & Design 1
Route 46 Chevrolet 1
Siano Brothers Contracting 1
Company Years
MetroMember Anniversaries
June 2014
Gold Hammer Sponsor
15.
In many parts of the country, spring began with winter-like
conditions persisting. Without a doubt, unseasonably cold tem-
peratures reduced economic activity during the first quarter of
2014, including home sales and construction. However, hous-
ing demand also weakened due to recent changes on the
demand side of the market. Such changes can be seen in the
contrasting data concerning new and existing home sales.
New home sales remained effectively flat for the first two
months of the year. According to the Census Bureau and HUD,
new home sales declined 3.3% in February, yet the January-
February average sales pace was approximately the same as
the fourth-quarter 2013 seasonally adjusted annual rate of
447,000. New home inventories are rising in anticipation of a
better spring, up 3,000 homes in February compared to
December.
In contrast to new homes, existing home sales experienced a
significant decline in recent months. Since July 2013, the pace
of new home sales increased 18%, while existing single-fami-
ly home sales declined 15%. February existing home sales,
according to the National Association of Realtors (NAR), were
down 0.4% for the month and off 7.1% from a year ago.
Aside from weather factors, part of the recent decline is due
to a slackening of volume in distressed sales, which are off
from 25% of the market a year ago to 16% in February. All-
cash sales continue to play a dominant role in the existing
home market (35% of transactions), while the first-time home
buyer share rose from 26% in January to 28% in February.
This weakness in existing home sales can be expected to
continue. The NAR Pending Home Sales Index — a useful
indicator of future sales volume —
decreased 0.8% in February, marking eight
straight months of decline.
Despite these declines, home prices are
rising, albeit at a slowing rate. For exam-
ple, January’s Case-Shiller 20-city index
showed a 0.8% monthly increase, marking
the 23rd monthly increase. Consumer con-
fidence indicators continue to show high
levels of interest in purchasing a new
home, although overall levels of sentiment
have been mixed due in part to recent
weather impacts.
The softness in recent housing data also
appeared in construction spending data
from the Census Bureau. Total private resi-
dential construction spending declined in
February after three consecutive months of
increase. The reading was down 0.8% from
January, but still 13.5% higher than a year
ago. Month-over-month single-family spending decreased by
1.1%, while the home improvement category decreased by
1.3%. Multifamily construction rebounded from a drop in
January with a strong month-over-month increase of 2.6%.
In analysis news, NAHB continued its review of home buyer
preferences, with new survey data indicating ethnic differ-
ences in preferences for items like kitchens and bathrooms.
And NAHB economists used American Community Survey
data to track the top metro areas by single-family housing mar-
ket share and lowest home owner vacancy rates.
In tax analysis, NAHB reported that property taxes continue
to be the primary revenue source for state and local govern-
ments. And new IRS data shows that the volume of remodel-
ing activity generated by the 25C tax credit experienced a sig-
nificant drop after 2010 policy changes.
existing Home Sales Down, New Home Sales Flat
David Crowe
NAHB Chief
Economist
Eye on the Economy
16.
awards2015
of excellence
Now that Spring has sprung and the flowers and treesare blooming, this is a great time to take photos ofyour projects for the 2015 Awards of Excellencecompetition. The Call for Entries booklet for nextyear’s competition will be sent to the membership inthe Fall. If you have a fabulous remodeling project,you will need both before and after photos for yourentries. The competition is open to all Builders,Remodelers and Associate Members – there is acategory for everyone!
If you have questions about Awards of Excellence,contact Sharon at the Metro Office and she will beglad to help you. (201) 891-3010 (201) 891-7901-fax
Established 1961
Single- Two 3-or-4 5-or-MoreTotal Total Family Family Family Family
County Value Units Units Units Units Units
Essex County $20,736,791 144 25 0 3 116
Hunterdon County $3,293,125 17 12 0 0 5
Morris County $28,585,232 180 35 0 0 145
Somerset County $9,750,975 42 21 0 0 21
Union County $3,160,577 39 13 2 0 24
Warren County $1,599,631 14 9 0 0 5
Metro Counties $67,126,331 436 115 2 3 316
NJ - All Counties $238,510,284 1,552 639 36 21 856
source: u.s. Bureau of the Census, Manufacturing and Construction division.prepared by: new Jersey department of labor and workforce development, March 2014.
to see data for all Counties and Municipalities go to: http://lwd.dol.state.nj.us
New Residential Privately Owned Housing Units
Authorized To Be Built – February 2014 – Metro (CBRA) Counties Only
17.
18.
Advertising in “OnSite”
Makes the Difference!ONSITE ADVERTISING RATES
(Effective January 1, 2013)
all advertising must be camera ready and paid in advance.
Full page for one year (10 issues) ......................$2,800.00
Half Page for one year..........................................$1,750.00
Quarter Page for one year....................................$1,100.00
Business Card for one year ....................................$650.00
(1 month) (3 months)full page (8 x 10 in.) $350.00 $925.00
Half page (7.5 x 5 in.) $250.00 $575.00
Quarter page (3.5 x 5 in.) $175.00 $400.00
Business Card (3.5 x 2.5 in.) $100.00 $250.00
Color Covers - Monthly Submissions
inside front $600 per month
inside Back $600 per month
outside Back $600 per month
Copy Deadline1st of month preceeding publication month(Electronic pdf or jpg document preferred, min. 300 dpi resolution)
Send To: [email protected] Builders & Contractors Association of NJ39 East Hanover Avenue, Suite C2, Morris Plains, NJ 07950
Best in american Living awards
Have you been part of a design team that has built or remod-
eled single-family, multifamily or one-of-a-kind custom
homes?
Consider entering the Best in American Living Awards,
sponsored by the National Association of Home Builders’
Design Committee. This highly recognized award program
spotlights the most creative and innovative builders, archi-
tects, developers, land planners, remodelers and interior
designers in the nation. Every year, BALA winners redefine
design excellence for the residential building industry.
For more information on the program,
go to www.nahb.org/bala.
Entries are DUE SEPTEMBER 1, 2014
