Bulletin Board Magazine 2021 V4

Bulletin Board Magazine is the official quarterly publication of the Shore Builders Association of Central New Jersey.

VOLUME 4 | 2021 Bulletin Board The Bui lder Connection

Plenty of Lessons Past and Present

SBACNJ Year in Review

Master Sponsor Spotlight

Associate Spotlight

PWB Spotlight

Covering Monmouth, Ocean, Mercer, & Middlesex Counties

Bulletin Board | 1 | www.shorebuilders.org

An EO Takeover of the President’s Message

EOTakeover of the PRESIDENT’S MESSAGE by Gina McNamara - SBACNJ

Gina McNamara Executive Officer - SBACNJ

This unprecedented past two years requires the Association to acknowledge efforts made by Chris Amato during his presidency. Shore Builders Association of Central New Jersey has been navigating a time like no other in our 76-year history, so I thought I would take this opportunity to say a few things in this issue of Bulletin Board’s President’s Message. First, and foremost Chris, we would like to thank you for your leadership during two of the most challenging years we have faced as an Association. You took on this challenge with resolve, flexibility, and a clear head to lead us through shifting from our normal ways of doing business to remote and virtual means. We extend our gratitude for all that you have done during the pandemic to keep our members informed and engaged. You inherited a foundation created by our Immediate Past President, Michael J. Kokes, who modernized our technology and enhanced our server, which ensured our future remote working environment. Your technology focus from the start of the Pandemic made a significant impact on the Association’s operations during your tenure. This combined with the utilization of platforms like Zoom and Microsoft Teams kept our leadership, committees, and events moving forward throughout the lockdowns, and subsequent re-openings. For many of our members

Bulletin Board | 1 | www.shorebuilders.org and its leadership never stop amazing me with all that we are able to accomplish, and continuing the programs was a lifeline that was very much needed during a time of isolation and uncertainty. You managed to do all this while maintaining your sense of humor and zest for living in the moment, which was greatly appreciated during such a stressful time. Without your flexibility, thoughtful judgement, and willingness to work through situations as they arose, I’m not sure where we would be now as an Association. Now, I would like to take this opportunity to say a few things about our sponsors, and our committee members. During normal times, our programs, events, and initiatives would not exist without our sponsors. Needless to say that during this period, our sponsors were a critical ingredient to our overall survival and without their commitment during the pandemic we would have had a much more difficult time keeping our Association moving forward. Thank you to all our Platinum, Master, and Product sponsors who stuck with us and made a huge difference for all of our members. And, to our committee chairs and members who continued to meet virtually to plan the events we were able to have, as well as the continued support of our philanthropic efforts, which were needed even more these past two years. Our Association, its members,

the unquestionable generosity in supporting the communities we serve, no matter what is happening around us. It is now time to welcome our new President, James Pittenger, and let him know that we are all looking forward to continuing our tradition of supporting the building industry and continuing our mission of providing housing for the residents of Monmouth, Ocean, Middlesex, and Mercer Counties. We look forward to seeing you at our first in-person event of the year, the Economic Forecast which will be held on March 30th at the Jumping Brook Country Club, so save the date for that event. And, finally, keep your eye out for the FAME Call for Entries, which is coming to your inbox soon. The event will be held on May 19th at the South Gate Manor and entries will be due in February. Thank you all for your continued dedication to this Association, Christine and I wish you all a very Happy New Year!

C ontents 01 EOTakeover of the President's Report by Gina McNamara 05 Welcome New Members 07 Legal/Legislative by Michael J. Gross, Esq., Steven M. Dalton, Esq. and Linda M. Lee, Esq. 15 Plenty of Lessons Past and Present by William C. McNamara, CPA, CCIFP, The Curchin Group, LLC 29 SBACNJ Year in Review 39 Master Sponsor Spotlight - About EAM 43 Using Construction to Create Real Estate Inventory Adam Lepore, Citizen’s Bank 48 PWB Spotlight - MHI-Consulting, Inc. Christine Workman, MHI Consulting VOLUME 4 | 2021

EDITORIAL CONSULTANT Flair Marketing Group - Stephanie Shaffery

DESIGNER Flair Marketing Group

OFFICERS President – Christopher Amato

First Vice President – James Pittenger

Vice President of Associates – David Eareckson, PE

Secretary – Stan Graser

General Counsel - Michael J. Gross

Immediate Past President – Michael J. Kokes

Lou Padula – Treasurer

SBACNJ STAFF Executive Officer – Gina McNamara

Office Manager – Christine Boyle

The Bulletin Board magazine is published quarterly and is distributed to the membership and others.

eMagazine by member company Flair Marketing Group stephanie@flairmg.com

Unless otherwise noted Photography by member company: All is Sharp Photography Howell, New Jersey Photos can be viewed and ordered online at allissharp.com

Over 75 years of publication to our members

THE BUILDER CONNECTION

Interested in Joining SBACNJ?

CLICK HERE As a Builder

CLICK HERE As an Associate

CLICK HERE As a Remodeler

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You need attorneys who provide high quality services and exceptional value. You need attorneys who are responsive, listen to you, and are attentive to your business objectives. You need attorneys who routinely work with regulatory agencies and anticipate legislation that could a ect your projects. Giordano, Halleran & Ciesla’s team of highly experienced and regarded attorneys works with you from the ground up to ensure the strong foundation you require for successful, long-term results. environmental ◊ redevelopment ◊ land use ◊ real estate transactions, nancings and leasing ◊ tax exemptions and abatements ◊ a ordable housing planned real estate development creation of condominiums ◊ renewable energy ◊ construction dispute resolution ◊ related matters You need attorneys who go the extra mile.

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Bulletin Board | 4 | www.shorebuilders.org ul etin ar | 48 | .sh re uilders.org

WELCOME New Members We would like to take this opportunity to welcome the following new members and thank their sponsor.

T. Whitaker Painting Liz Whitaker 824 Radio Road, Units D and E Little Egg Harbor, NJ 08087 (609) 758-2324

Thrive by Design Michele Strassheim

Skoloff &Wolfe, P.C. Vincent Ferrer 293 Eisenhower Parkway, Ste 390 Livingston, NJ 07039 (973) 232-2966 Sponsor: Adam McIndoe 180 Centennial Avenue Piscataway, NJ 08854 (609) 646-3821 Dynamic Earth David Backman 1904 Main Street Lake Como, NJ 07719 (732) 280-0830 Hamilton Building Supply John Carroll 65 Klockner Road Hamilton, NJ 08619 (732) 613-0080 Altherm, Inc. Charissa Joudhrey 381 19th Avenue Brick, NJ 08724 (484) 452-1090 Sponsor: Jennifer Fitzhenry Ferguson Enterprises Bossart Builders Dave Bossart 184 Liberty St. Long Branch, NJ 07740 (201) 404-2264 Capital One Mindy Seifried 10 Wright Court East Brunswick, NJ 08816 (732) 570-2152 F.W. Webb Stan Graser

18 Skipper Lane Brick, NJ 08724 (732) 312-3914 Clem’s Ornamental Iron Works Vinnie Zirrillo 110 Eleventh Avenue Piscataway, NJ 08854 (908) 565-6008 Shore Business Solutions Christopher Wolowitz 1720 Route 34 Farmingdale, NJ 07719 (732) 280-1333 Wiss & Company, LLP Chris Cowan 100 Campus Drive, Suite 400 Florham Park, NJ 07932 (908) 910-0021

Sponsor: Kim Manicone USI Insurance Services Summit Capital Partners Shane Soranno

111 Magee Avenue Lavalette, NJ 08735 (732) 584-9080 Thomas D. Crowley, Carpenter

Thomas Crowley 40 Riverview Ave Neptune, NJ 07753 (732) 859-4881 DS Builders Daniel Snyder 8 Gefen Drive Lakewood, NJ 08701

Sponsor: Chris Amato CMM Custom Homes CB Realty New Homes David Schoner 175 Park Avenue Madison, NJ 07940 (973) 715-5883 MHI - Consulting Christine Workman PO Box 151 Danboro, PA 18916 (732) 403-7441 Ascolese Painting Jerry Ascolese 123 Town Square Pl. PMB 412 Jersey City, NJ 07310 (732) 213-7114

732-600-8065 Republic Bank Kristjan Prima 52 South 16th Street, Suite 2400

Philadelphia, PA (215) 430-5413

Sponsor: Arvo Prima Pr1ma Corporation Van Cleef Engineering Cynthia Norfleet 32 Brower Lane Hillsborough, NJ 08844

(908) 359-8291 BCR Carpentry Mark Bishop 245 Center Street Keyport, NJ 07735 (732) 407-9332

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Legal/Legislative

Legal/Legislative by Michael J. Gross, Esq., Steven M. Dalton, Esq. and Linda M. Lee, Esq. Mr. Gross is a Partner & Chair, Mr. Dalton is a Partner, and Ms. Lee is an Associate of Giordano, Halleran & Ciesla, P.C.’s Environmental Practice Group

Bulletin Board | 7 | www.shorebuilders.org satisfy the infill exception of the Coastal High Hazard rule. That rule precludes expansion of residential development in a V-Zone unless it constitutes “infill”. To qualify as infill, the development must be on a lot created prior to July 19, 1993, served by municipal public COASTAL INFILL RULE – DEP’s AUTHORITY TO REASONABLY INTERPRET Its RULES POST- DRAGON Colen v. DEP In an unpublished decision, the Appellate Division reversed DEP’s denial of an application for a CAFRA Permit to expand a beachfront single-family home and remanded the matter for further adjudicatory hearings. The case calls into question DEP’s usual practice subsequent to the decision of Dragon v. DEP, 405 N.J. Super 478 (App. Div. 2009) of refusing to issue CAFRA approval absent strict compliance with the Coastal Rules. Instead, the court recognized that DEP has authority to flexibly apply the Coastal Rules taking into account particular factual circumstances not expressly addressed in the Rules. The matter involved an application to renovate a single-family home through enclosure of an existing elevated deck of a parcel in Long Beach Island. The dwelling is within the Coastal V-Zone roughly 475 feet from the mean high-water line. The applicant, Colen, owned the property since 1970 and proposed to renovate the dwelling for use in retirement. DEP denied the application taking the position that the property constituted a regulated dune. DEP found the applicant failed to

sewer, and be located between residential or commercial buildings that are within 100 feet of each adjacent property line perpendicular to the MHWL. The lot in question met the infill requirement on one side, however, the nearest adjacent home south of the lot was approximately 135 feet away. The two structures were also separated by an undeveloped lot and a 50-foot public right of way. Colen argued the ROW area should not be counted, but DEP denied the GP 5 application on grounds that the 135-foot separation exceeded the 100-foot infill criteria of the rules. The denial was upheld on summary decision through adjudicatory hearing, and Colen appealed to the Appellate Division. DEP argued that under Dragon, it lacked discretion to waive the requirements of any of its rules, including the infill exception. DEP took the position that excluding the 50 ROW from way from the calculation infill distance would constitute such a waiver. Colen posited that he merely sought a reasonable interpretation of the rules by DEP and not a waiver of the 100-foot criteria of the infill exception. The regulations do not address the specific facts of the case, and Colen took the position that DEP had discretion to interpret the rules to exclude the 50-foot ROW width from the infill calculation. Colen also made substantive due process claims based on disparate treatment. In ruling for Colen, the Appellate Division noted the Legislative mandate under CAFRA for balancing of environmental protection and

Michael J. Gross

Steve Dalton

Linda M. Lee

economic interests. As set forth in Seigel v. DEP, every DEP action under CAFRA must address the “delicate balance” established by the Legislature. Additionally, pursuant to DEP v. Stavola, 103 N.J. 425 (1986), DEP must adhere to rules of fundamental fairness when determining how to best effectuate public policy taking into consideration administrative due process. Acknowledging the typical substantial deference given by the courts and agency’s final decisions, the Appellate Division nonetheless reversed, finding that multiple issues of material fact existed such that summary decision was inappropriate. The extent the regulated dune area on the property was in dispute. Likewise, the question of disparate treatment with other parcels within a two-mile vicinity also an open issue. Regarding the dune question, the court admonished DEP for its determination that development on a separate parcel is a viable alternative to the proposed project. The court previously addressed such arguments in Seigel noting that the alleged alternative proposed by DEP were neither practical nor feasible. The Court also noted that DEP’s interpretation of the rules would result in “apparent unfairness” on Colen if the rules were strictly applied. The Court chastised DEP, assuming the property were a dune, for not appropriately considering the lack of viable alternatives consistent with Seigel. The court rejected DEP’s argument that the Dragon decision precluded the agency from approving Colen’s application. In Dragon, the court held that “DEP cannot use its litigation settlement process to waive strict compliance with its substantive coastal rules in order to circumvent CAFRA permitting requirements.” Notwithstanding Dragon, citing its decision in SMB Associates v. NJDEP, 264 N.J. Super. 38, 59 (App. Div. 1993), the court noted that “in appropriate cases, we have recognized the persuasiveness of the argument that an agency has an inherent power to waive de minimis violations of objective standards”. Here, while the infill exception imposes 100-foot distance

Bulletin Board | 8 | www.shorebuilders.org During public hearings before Princeton’s Planning Board (“Board”), Princeton’s This case examined the authority of a municipality to interpret and implement its master plan in the context of an affordable housing development. Defendant Princeton introduced a rezoning ordinance to create a new affordable housing zone to permit development with a maximum of 65 affordable housing units. The proposed ordinance rezoned one vacant lot (“Property”). criteria, the rules do not specially address whether areas such as the ROW in question are to be calculated as part of such area. Accordingly, the court found that Dragon did not preclude DEP from reasonably interpreting its rules and taking action to issue the approval if on remand Colen demonstrates that that the stated underlying reasons for the 100-foot limitation (the safety of first responders or occupants during storm events) would not be negatively affected by the proposed 135-foot distance, or that the proposed project will have equal or lesser impacts than development at an alternative location. The court also provided that Colen would be permitted to amend his application should he prevail on remand. DEP must apply coastal rules implementing CAFRA fairly taking into account the delicate balance between protection of the environmental resources and reasonable economic interests. To carry out this Legislative mandate and achieve fundamental fairness consistent with the goals and purposes of CAFRA, DEP has the ability to reasonably interpret its rules such that variation from express, objective standards established the rules may be authorized. The Dragon decision does not preclude such reasonable agency action. ZONING ORDINANCE; AFFORDABLE HOUSING Old Orchard v. Princeton

Planning Director and the Board’s attorney opined that the Ordinance was consistent with Princeton’s Master Plan and the goal of providing affordable housing to the community. After hearing extensive public comment, the Board unanimously adopted the rezoning ordinance (“Ordinance”). The Board found that the Ordinance was consistent with the land use element of the Master Plan and to the extent it was “inconsistent with other goals and provisions of the Master Plan, such inconsistencies [were] outweighed by the opportunity to create a substantial number of safe and attractive affordable housing units in an appropriate location and in furtherance of Princeton’s constitutional obligation.” Plaintiff Old Orchard Village Homeowners Association (“Old Orchard”) was a homeowner’s association that owned property adjacent to the Property. Old Orchard challenged Princeton’s adoption of the Ordinance arguing, amongst other things, that the Ordinance was inconsistent with the Master Plan. Following a bench trial, the trial court dismissed Old Orchard’s case with prejudice. The Appellate affirmed finding that under the relevant law, only “substantial” and not “absolute” consistency between a master plan and zoning ordinance was required. The court determined that the Ordinance was substantially consistent with the Master Plan. The court noted that throughout the Master Plan, Princeton “repeatedly describe[d] itself as a community dedicated to offering a variety of housing to meet the needs of citizens from diverse socio-economic backgrounds and affirm[ed] again and again its commitment to the development of affordable housing.” The Court further recognized the significant deference provided to a local board’s actions

and factual findings as long as they are supported by substantial evidence in the record and are not arbitrary, unreasonable, or capricious.

Continued ›

Legal/Legislative Continued This case highlights the broad power of a local board to interpret and carry out a municipality’s master plan to facilitate the provision of affordable housing. HEIGHTVARIANCE Wainstein v. 8619 Holding Co. This case examines the criteria necessary for successful pursuit of a height variance. 8619 Holding Company, LLC (“Owner”) owned property comprised of four lots (“Property”) in North Bergen Township. The Property was located next to a park and in a zone with a maximum building height of 60 feet. The Owner submitted a site plan application to the Board of Adjustment (“Board”) for approval to construct a mixed used commercial and residential building with a proposed height of 155 feet and sought a height variance. The Board held four public hearings during which the Owner’s architect, planner, and numerous other professionals provided testimony. The architect performed a shadow study to help determine the effects of proposed building height on surrounding neighborhood, and he testified that the height would not negatively impact the neighborhood. The planner testified that although the proposed building height exceeded the height ordinance, it did not violate its purposes. With respect to positive criteria, the planner testified that the height would create a focal point along the Township’s skyline, add diversity to the skyline, and elevate the image and identify of the park. With respect to negative criteria, the planner testified that the height variance could be granted without any substantial detriment to the public or substantial impairment to the Township’s zoning plan. The planner further testified that the step backs incorporated in the building design would mitigate negative height effects on the surrounding area, and the building would not block any scenic

views or create negative shadow effect on adjacent properties. The Board approved the Owner’s application including the height variance citing to the testimony from the hearings and the height- related positive and negative criteria. The Board found that the variance application presented no substantial negative impairment; benefits of the application outweighed any detriment; the purpose of the zoning code would be furthered by facilitating the creation of new housing while maximizing use of the park, adding distinctive and unique architecture to the park area, and minimizing urban sprawl; and the proposed building aligned with the Township’s master plan. Plaintiffs filed a complaint challenging the Board’s approval, claiming that the Board failed to make findings that satisfy the positive and negative criteria required for variance relief. The trial court affirmed the Board’s resolution, determining that the Board reasonably relied on the testimony presented at the hearings to reach its decision and there was no basis to conclude that the resolution was arbitrary, capricious, or unreasonable. The Appellate Division affirmed the trial court’s decision on appeal. The appellate court found that the trial court cited to ample support in the record for the Board’s findings and its conclusion that the proposed height variance satisfied the statutory requirements. This case exemplifies the type of evidence necessary to support a height variance request meeting the required positive and negative criteria.

Bulletin Board | 9 | www.shorebuilders.org

SBACNJ 75th Anniversary Contined Construction to Permanent Loan

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Plenty of Lessons Past and Present

Plenty of Lessons PASTAND PRESENT byWilliam C. McNamara, CPA, CCIFP,The Curchin Group, LLC

William C. McNamara, CPA, CCIFP The Curchin Group, LLC

W hat lessons and knowledge have we gained in 2021? A great question many business owners should consider. Believing that I have learned way more in hard times then good, 2021 was a very good year for learning. Simply getting it right out of the box has taught me little. But problem solving through trial and error, these undertakings provide life lessons that never leave you. As the pandemic has shown us all, we need to have flexibility to change directions when new circumstances present themselves. As business models for 2022 are planned and modified here are some results and risks from 2021 to consider. An industry annual survey conducted by the Construction Finance Management Association (CFMA) and completed in July 2021 published some important benchmarks for contractors. While the survey covers numerous areas of a company’s financial health, earning reports are always critical. The 1,207 companies who responded and shared their detailed financial results reflected return on equity values of 30% and return on asset results of 13%. While not huge gains, both ratio’s trended positively from the prior year. 80% of the respondent’s received federal funding under the Payroll Protection Program. This infusion of capital to small businesses provided relief during the most critical times of COVID. Managed efficiently, these PPP loans will provide liquidity cushions entering 2022.

The U.S. Bureau of Labor Statistics tracked job losses for the period February 2020 through November of 2021, the construction industry has seen a net loss in employment by 115,000 positions. The reduction in construction industry jobs may be good news in disguise since it is relatively lower than the leisure and hospitality industry which lost 1,334,000 positions. The question becomes; Who will fill those openings? The Sage Policy Group, Inc.’s Chief Economist Anirban Basu, MPP, MA, JD, PhD points to the losses incurred in enrollment at vocational schools as a significant factor to the shortage in the skilled labor market. Many parents have felt that college was the gateway for their child to obtain middle class status. However, Dr. Basu notes we now see that the “heavily indebted college student, proficient in 18th century French literature, missed their calling as being an extremely awesome welder and highly employable”. Developing a plan to measure risks has proved invaluable in the past 24 months. Classical risks business owners often evaluate are inflation, interest rates, and customer demand. Well in 2021, those risks have been easily mitigated. The Federal Reserve has kept inflation and interest rates in check. The market demand for new housing is ravenous. Labor, skilled labor specifically, is a shortage and risk factor for a builder.

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But price increases in materials clearly became risk #1 in 2021 and has turned profit margins upside down. Modifying contract language to include material escalation provisions and force majeure clauses have been needed lifelines for builders. Risks are not always a tangible physical item. Often the scary and highly expensive risks are the “new” attributes undertaken by a contractor. Examples include job size, geographic location, end markets, supply chains, or customer expectations. Every company has a sweet spot. It’s the intersection of where they perform best at meeting their client’s expectations. We deliver a quality product under a reasonable timeline and with a rewarding profit margin. We would do these jobs 24/7/365. Due to factors generated both internally and externally we are not always operating in that location. So how do we go about assessing risks for “new” attributes and opportunities? Let’s think of that sweet spot as a bullseye on a dart board. Picture the red round center area with black rings expanding outwards. Each one of those “new” items is another ring pushing out away from the sweet spot. When we undertake new endeavors that risk takes us away from our strengths. So how comfortable and prepared are you as you move away from the bull’s eye? Many forecasters anticipated change in the tax laws by the time we got to 2022. The Build Back Better Act has stalled in Washington, D.C. How that gets moved forward will invariably lead to revised tax regulations in hopes to garner support to ensure the Act’s passage. While there have been some modest tweaks to the tax code, we enter 2022 as we entered 2021 or 2020. Anticipated expectations in 2022 see Corporate tax rates moving from 21% to 28%, the Estate lifetime exclusion dropping from $10 million down to $5 million. Upon enactment those items will be absorbed and prove not to be disruptive to day-to-day operations. Contrasting, an income tax surcharge proposed on certain highly

compensated taxpayers is a concept surely to bloody a nose or two. For how long the song remains the same is tough to say. Current projections have us looking at new legislation in the first quarter of 2022. But this is a mid- term election cycle, so who knows. A much closer than expected New Jersey Governor’s race this past November has impacted our state legislation process as well. We will see unexpected changes in the leadership of our state senate as they work with Governor Murphy during his second four-year term. Collectively these items shape how we move forward in 2022. No easy answers, no one size fits all solution. We gain confidence with each hurdle cleared, pausing to study and outwit the next.

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Bulletin Board | 15 | www.shorebuilders.org

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Bulletin Board | 16 | www.shorebuilders.org 38

SHORE BUILDERS Association of Central NJ, Inc.

COMMITTEES

Committees are a vital functional of our Association. Make your membership more meaningful by getting involved. Become an active member of a committee! Committees general meet one hour, once a month

❑ ASSOCIATE MEMBERS, MEMBERSHIP SERVICES AND PROGRAMS: This committee works for the betterment and benefit of the SBACNJ membership. This committee is responsible for the BEAM (Builders Employing Associate Members) Award as well as the Associate of the Quarter nominations. This commit tee recruits new members, screens prospective applicants and works to retain current members. ❑ GOLF CLASSIC: This committee meets 6 times per year, beginning in February, to plan the SBACNJ Annual Golf Outing. As a committee member it is important to be available the day of the outing to work as an event volunteer. ❑ LEGAL/LEGISLATIVE & ENVIRONMENTAL: This committee interfaces with local and state municipalities to maintain good relations, provide exchange information flow, and oppose adverse government regulations on the building industry in Monmouth, Ocean, Middlesex and Mercer Counties. The committee considers challenging ordinances, practices, and policies of municipalities which are harmful to SBACNJ members. ❑ SALES & MARKETING: This committee promotes professionalism in sales and marketing and further educates the members on the latest ideas available to Builder and Associate members. This committee also plans the Annual FAME (Fabulous Achievement in Marketing Excellence) Awards Banquet. The committee keeps industry views before the public and creates a better public image of the Association and the role it plays in the community. ❑ YOUNG PROFESSIONALS: This committee promotes participation and increases opportunities for young professionals in the building industry by developing interesting programs that provide a forum for networking, continuing education, professional growth, development of leadership skills and access to a professional community. ❑ PROFESSIONAL WOMEN IN BUILDING COUNCIL: This council is recognized and chartered by NAHB and is dedicated to promoting, enhancing, and supporting home building and women in the home building industry. This council is open to all member companies and their employees. There is a fee of $50 per member to join the council and is open to men as well.

If you are interested in joining one of the committees or being a member of the Professional Women in Building Council, please contact the SBACNJ Office in Lakewood at 732 - 364 - 2828.

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SAVE THE DATES! Be sure to save the dates for these important upcoming programs: Click here for Shore Builders Events

ECONOMIC FORECASTW/NAHB CHIEF ECONOMIST, DR. ROBERT DIETZ THURSDAY, MARCH 30, 2022 JUMPING BROOK COUNTRY CLUB, NEPTUNE

FAME AWARDS - THURSDAY, MAY 19, 2022 SOUTH GATE MANOR, FREEHOLD

SBACNJ GOLF OUTING – MONDAY, JUNE 20, 2022 JUMPING BROOK COUNTRY CLUB, NEPTUNE

BBQ ON THE BEACH – THURSDAY, JULY 21, 2022 MARTELL’S TIKI BAR, POINT PLEASANT BEACH

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COUNT ON OUR CAPITAL. BUILD YOUR BUSINESS.

Walter Sierotko , EVP 732.726.5420

TOTAL TEAM LENDING

C O M M I T M E N T Y O U C A N C O U N T O N. SM

RECENTLY FINANCED

INDUSTRIAL CONSTRUCTION LOAN PISCATAWAY, NJ $18,000,000

OFFICE BRIDGE LOAN RED BANK, NJ $16,500,000

OFFICE/RETAIL CONSTRUCTION PERMANENT LOAN SUMMIT, NJ $8,900,000

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www.Provident.Bank

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THE YEAR IN REVIEW

Holiday Cocktail Party Kicks Off the Season in Style

12-8-21

What a wonderful time our members had at the Holiday Party on December 8th at Spring Lake Manor. We would like to thank all of our Directors, Board Members, and guests for bringing the holiday spirit during this event!

Congratulations to Tom Bovino, Jackson Development, who was presented with the 2020 BEAM (Builders Employing Associate Members) Award during the party. Michael Gross installed the 2022 Officers via Zoom on the morning of December 9th

Congratulations to:

James Pittenger, President Lou Padula, Vice President Stan Graser, Associate VP

Keven Kernahan, Treasurer Chris Cowan, Secretary

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Holiday Cocktail Party

12-08-21

Thanks to the generosity of our members, the Professional Women in Building of the Garden State raised a total of $1500 for Collier Youth Group Home. This was donated to the group home and for purchasing holiday gifts for all of its residents. Thank you again to all who donated and continue to support this very worthy organization!

SBACNJ at the HOPEWalk

9-11-21

A special shout out to our SBACNJ Associate Sponsor walkers who we bumped into along the way: All County Enterprises Archer Attorneys at Law The Curchin Group Earle Residential – Commercial Construction FWH Associates

To see all the pictures & to purchase your favorites, please visit this link to view & purchase photos http://www.allissharp.com/Commercial/5141-SBACNJ/index.htm.

Golf Open at Eagle Oaks Golf and Country Club

8-30-21

Members spent the day Supporting the Senator Robert W. Singer Golf Open at Eagle Oaks Golf and Country Club on Monday, August 30. From left to right; NJBA Director of Legal Affairs - Kyle Holder, NJBA Chief Executive Officer - Jeff Kolakowski, SBACNJ Vice President - James Pittenger, SBACNJ Secretary - Stan Graser

Continued ›

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SBACNJ Year in Review Continued

Our Annual Bbq OnThe BeachWas Awesome!

7-15-21

We would like to thank everyone who came out for the Annual BBQ on the beach July 15th. We had a perfect night! Thank you again to our amazing sponsors for supporting this event: Cup Sponsors: Caliber Home Loans Deanna's Interior Designs Sharbell Development | Shore Business Solutions

Dinner Napkins: CMM Custom Homes

Cocktail Napkins: Whitestone Associates

SBACNJ's YP/PWB Meet & Greet

7-10-21

The Ocean County Artist's Guild was the perfect backdrop for our Professional Women in Building and Young Professionals meet-up on July 20th. Members were able to check out some local art, enjoy the scenic water views and partake in some long overdue in-person networking. We would like to thank our YP & PWB committees for hosting and everyone who came out for this special night.

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Annual Golf Outing

6-21-21

The SBACNJ Golf Outing took place on Monday, June 21st at the Jumping Brook Country Club in Neptune.As in past years, the event was sold out to foursomes and our sponsorships filled up quickly.

We would like to thank the following members for sponsoring this event:

C&L Sweeper | Matrix New World Engineering | Palatial Homes | Dakan Homes Esposito Construction | Caliber Home Loans | FWWebb | Manasquan Bank | PS&S / DW Smith Associates

Ferguson | Maloney & Curcio | Crown Elevator | FWH Associates | Netwave Interactive Marketing | Jackson Development Azek | Robert J. McGowan & Associates | ELP Associates Inc. | All County Enterprises | Archer Attorneys at Law Tile-It | NJR Home Services | McCue Captains Insurance | Home Depot PRO | CertainTEED | WJH Engineering | Beacon AWT Environmental | Storm Master | Builders General Supply | Whitestone Associates | Hexa Builders | Carl's Fencing | Ryan Homes Resisto | Hammer Land Engineering | Marvin Windows | Crown Homes | Dupont Tyvek Parksite | Hoagland, Longo Pittenger Builders | CMM Custom Homes | Wiss & Company, LLP | JV Engineering | Jumping Brook Country Club Continued › Bulletin Board | 30 | www.shorebuilders.org

SBACNJ Year in Review Continued

FAME

5-20-21

LOCAL IQ Super Sponsor AMBOY BANK Cocktail Sponsor

CITIZEN’S BANK Table Décor Sponsor

HEXA/LEVEL 10 DEVELOPMENT Welcome Sponsor ESPOSITO CONSTRUCTION Grand Award Sponsor SBACNJ BOARD OF DIRECTORS Champagne Toast Sponsor CALIBER HOME LOANS Lanyard Sponsor SHARBELL Signature Drink Sponsor FLAIR MARKETING GROUP Dessert Sponsor

DESIGN 446 Winner’s Book Sponsor

CROWN HOMES Event Sponsor

ALL COUNTY EXTERIORS Event Sponsor

FAME 2021 was a huge success! It was a beautiful spring evening at the South Gate Manor for celebrating our best and brightest in sales and marketing.We would like to thank our sponsors for their dedication and support this year:. We would like to congratulate all the winners, including Adam McIndoe who received the prestigious Outstanding Achievement Award. Everyone had a great time and enjoyed reconnecting with colleagues and friends during the extended cocktail hour. We look forward to planning the next FAME event and invite any interested SBACNJ members who would like to join the committee to contact Christine or Gina at the office for details on our next meeting.

KAPLAN COMPANIES Event Sponsor

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Builder’s Only Event

4-7-21

Our Builder Event at the Toms River Yacht Club was our 1st in-person event of the year! Thank you to all of the builders who came out in support of our Associate Sponsors for a wonderful evening.As you can see it was a perfect night for this event!

Continued ›

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SBACNJ Year in Review Continued

NAHB The Nationals Virtual Awards Gala

3-5-21

NAHB honored outstanding residential real estate sales, marketing and design, 55+ housing projects, individual achievement, young professionals and global excellence at the National Sales and Marketing Awards gala (known as “The Nationals SM ”).

Join us in congratulating SBACNJ Member Rich Robinson of Member Rebate Program on being named 2020 National Association of Home Builders Associate of the Year!!

Rich Robinson, Member Rebate Program We are so thankful for all you do for New Jersey and NAHB!

NAHB IBS X

9–12-21

Congratulations to our Local Members & PWBGS Recognized by NAHB During the IBSx

Thank you for your service…

The following members have passed on the baton of chairmanship for the NAHB committees they led in 2020. Thank you first and foremost, Dean Mon, for your time as NAHB Chairman of the Board. Although the impact of the COVID pandemic cut short Dean’s service, we certainly appreciate the past four years spent on the NAHB Ladder and continued service to the industry and Federation. Thank you to Hank Kelly for holding two very important positions: Area 2 Chair, representing NJ and NY, and Codes Committee Chair. Mike Kurpiel for serving as NJ State Representative to the NAHB Board, and especially as the first Associate member to serve as State Rep. Rich Robinson for Chairing the NAHB Membership Committee and Kelly Ann Zuccarelli for serving as Chair of the National Sales and Marketing Council. And on to the future… Mike Kurpiel will continue to serve NJ as State Representative. Mike is so well respected by his peers that he was elected Moderator of the State Representative Caucus, consisting of representatives from the 50 states and Puerto Rico. He is the first Associate member to ever hold this distinguished position. The NAHB State Representatives mission is to relay NAHB initiatives to their respective state and local associations while bringing to NAHB the challenges faced back home, they represent two thirds of the full Board of Directors.

The National Association of Home Builders recently held its annual meeting at IBSx during which several of our members, along with the PWBGS, were recognized for exemplary service to the industry and the Association. Congratulations… Rich Robinson, Member Rebate Program, was recognized by the Associates Committee with the Bill Polley Advocate of BUILD-PAC Award for his support and promotion of the National PAC. The PWB of the Garden State was a finalist for Mid-Size Council of the Year. Whether legislative and political advocacy, fundraising or community outreach, virtual or in person, the national PWB recognizes Council impact on the community and on the current and future workforce of the residential construction industry.

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NJBAVirtual Board of Directors meeting

1-20-21

Join us in congratulating Adam McIndoe, Netwave Interactive Marketing who was named the 2021 SBACNJ Ironman during the virtual NJBA Board of Directors meeting in January.

Sponsors Committees as well as the PWB of the Garden State, this has led him to participate in the Sales and Marketing and Membership/Associates Committees at the state level. We are all excited to see what the future brings for Adam and the many ways the association will continue to benefit from his advice and participation. We would also like to congratulate the following SBACNJ members

who have been nominated as officers of NJBA and will be installed in April.

The Shore Builders Association of Central NJ selected Adam McIndoe from Netwave Interactive Marketing. Adam’s first involvement with the association was as an outsider. He was invited to participate as a judge for SBACNJ’s FAME awards. So impressed by the presentation ceremony and engagement of the members, Adam joined the association immediately and has

been an active and productive member ever since. Adam shares his marketing expertise to promote and grow the association in so many ways. He is Chair of the SBACNJ Young Professionals Committee through which he participates in a partnership with the Ocean County Vo-Tech school. He actively participates on the Golf, Sales and Marketing, Membership and Associate

Tom Bovino - nominated as NJBA Vice President

Kim Manicone - nominated as NJBA Associate Vice President Suzzane Kronenfeld - nominated as NJBA 2nd Associate Vice President

Virtual Economic Forecast

1-19-21

NAHB Chief Economic expert, Dr. Robert Dietz. shared his insights on what to expect this year and how the pandemic will continue to affect housing. If you want to review the Power Point slides, click the link below to download them now.

Click Here for the Presentation

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Master Sponsor Spotlight

ABOUT EAM

E AM Associates is a multi-discipline construction consultancy, 3rd-party inspection provider, and MEP design firm. We specialize in assisting our partners in the construction of energy-efficient green projects all across the Northeast region. Everything from custom single families to high-lot communities, light commercial, and multi-family/mixed-use apartment developments of all sizes. For over 25 years, EAM Associates has provided our clients with a variety of services, including above code program certifications like Energy Star, energy modeling, QA inspections, energy code compliance, building science consulting, and advanced HVAC design. We have established ourselves as a leading high performance construction consultant that fundamentally improves the end user’s comfort, health and enjoyment of the buildings they live

and work in. Through our work we assist our partners in annually qualifying for millions of dollars in utility incentives and tax credits. Our team includes a diverse group of professionals with hands on experience in multiple construction trades. EAM is a RESNET Accredited HERS Provider, and a LEED for Homes Provider. We help our builders improve their projects by engineering high performance MEP systems, and guiding them through advanced building certification programs such as; DOE Zero Energy Ready Homes, Indoor airPLUS, and Passive House. Our field staff performs over 5,000 QA inspections annually. During 2021 EAM purchased and renovated a new office in Manasquan from which we service projects from Maryland to

Massachusetts. For our ownership team, after years away from our time in the field working for a commercial GC, the process was a powerful reminder of everything our builders have to put into a project to bring it to fruition; from site selection and finance, to permitting and on through construction. What’s on deck for 2022? • With a settled administration in Trenton, in the coming year we expect to see DCA’s proposal for adoption of the 2021 I-codes. After remaining mostly untouched since the 2009 to 2012 cycle, the 2021 IECC represents a significant increase in energy efficiency requirements. These include

substantive upgrades to the building envelope, in particular walls which will almost certainly require some form of continuous exterior insulation.

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