Rutgers, Rwjbarnabas to Partner on Academic Health Care System
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SPOTLIGHT Western expansion Construction/ LeBenger in talks to move Summit Medical Group brand out West. Page 13 Developers Page 17 Eating early The art The Turning Point finds of the brand success with breakfast, LKS Associates channels lunch and brunch business. artistic passion into Page 6 branding efforts. ® Page 8 njbiz.com JULY 31, 2017 $2.00 Rutgers, RWJBarnabas to partner on academic health care system BY ANJALEE KHEMLANI RWJBarnabas Health and Rutgers versity Behavioral Health Care. pharmacists, social workers and behavioral University announced the new venture, It will also create a new 2,500-strong health and addiction professionals. The state’s largest hospital system and the which focuses on providing better access multispecialty group that includes the Rut- The system, while it has borrowed from state’s largest university signed a letter of to health care in the state and greater aca- gers Health Group of about 1,000 Rutgers- and required the study of existing academic intent last week for a partnership that will demic and clinical research opportunities employed professionals, and gives patients health systems in the country, is a unique create the state’s largest academic health — including existing work at Rutgers Can- increased access to physicians, physician and unprecedented venture in the state, ac- care system. cer Institute of New Jersey and Rutgers Uni- assistants, dentists, psychologists, nurses, See PARTNER on page 12 BLAST FROM THE PAST At Callahan’s, third-generation owner is rebuilding a family food legacy PAGE 4 Daniel DeMiglio, owner and operator of Callahan’s in Norwood. - AARON HOUSTON For address or name corrections, fax label to (732) 846-0421 INDEX Business Around the State ....2 Lists .......................................26 Leaderboard ............................6 Guest List ..............................29 Opinion ..................................15 Deals Roundup .....................30 Spotlight ...............................17 Subscribe to NJBIZ: call (866) 288-7699 NJBIZ delivers daily news and analysis of New Jersey’s important economic issues online at njbiz.com. Sign up for our daily e-mail alerts, read our blogs, write a letter to the editor and more. Energizing New Jersey HOW TO REACH US BUSINESS AROUND THE STATE MAILING ADDRESS NJBIZ, 220 DAVIDSON AVE., SUITE 302 SOMERSET, NJ 08873 BRIEFS PHONE (732) 246-7677 Murphy, Guadagno make picks HFF brokers sale FAX: EDITORIAL (732) 846-0421 FAX: ADVERTISING (732) 249-8952 of Newark’s Addison FAX: OPERATIONS (732) 846-0421 for lieutenant governor Commercial real estate firm SUBSCRIPTIONS (866) 288-7699 Holliday Fenoglio Fowler re- REPRINTS For licensing, reprints, e-prints he minority vote appears a key target in this cently announced it has brokered and plaques, email reprints@bridgetowermedia. year’s gubernatorial elections, if both nomi- the sale of a 15-story, 219-unit com. Authorization to photocopy articles for nees’ picks for the state’s second-ever lieuten- apartment complex in Newark on internal corporate or instructional use may be T ant governor this week are any indication. behalf of Azure Partners. obtained from the Copyright Clearance Center at (978) 750-8400. Democratic nominee Phil Murphy announced HFF’s senior managing For photos, please see njbiz.com/photos his pick is Assemblywoman and former Assembly director, Jose Cruz; managing Speaker Sheila Oliver (D-East Orange) — the first director, Kevin O’Hearn; and ASSOCIATE PUBLISHER African-American female to hold the speaker’s title in Sheila Oliver Carlos Rendo directors, Michael Oliver and Thomas Hughes [email protected] the state. history to hold such a powerful position. Stephen Simonelli, represented BUSINESS OPERATIONS And Republican nominee and current Lt. Gov. Whoever wins immediately becomes first in the the seller in the transaction. DIRECTOR OF OPERATIONS Kim Guadagno announced her pick is Woodcliff line of succession and the highest-ranking member of “The Addison is located at Christopher DeCellio [email protected] Lake Mayor and Cuban-American Carlos Rendo. their respective community in the state, ever. 380 and 402 Mount Prospect “Sheila Oliver has the breadth of experience and DIRECTOR OF PRODUCT DEVELOPMENT Following each candidate’s announcement, both Ave. in the Forest Hill section sides had bitter words to exchange. remarkable personal history needed to meaningfully of Newark,” HFF said in a news Tom Bergeron [email protected] Oliver responded to Rendo’s selection by attack- contribute to turning our state around. She is going to release. “Both towers are conve- BUSINESS MANAGER ing Guadagno’s ties to Gov. Chris Christie. be an active, contributing member of my administra- niently located approximately AnnMarie Karczmit [email protected] “None of the pomp can paper over the failures tion, because she not only knows our challenges but 10 minutes from downtown ADVERTISING of Chris Christie and Kim Guadagno,” she said in a how we get out from under them,” Murphy said. Newark and 25 minutes from SENIOR ACCOUNT EXECUTIVE statement. “Our economy doesn’t work, our middle Oliver said she intends to be a different type of Manhattan via the Holland Tun- Penelope Spencer [email protected] class can’t find enough good work and our commuters lieutenant from Guadagno. nel and are adjacent to a host ACCOUNT EXECUTIVES can’t even get to work. It’s time for new leadership that “This, for me, is the fulfillment of a lifetime of of retail options, public trans- Susan Alexander [email protected] throws away the Christie-Guadagno blueprint and working on behalf of people,” she said. “I intend to be portation, a county park and Liz Dwyer [email protected] draws a new vision of growth and fairness for our state. a very different lieutenant governor. Unlike Kim Gua- major highways. The Addison Kirsten Rasky [email protected] New Jersey’s already had eight years of the Christie- dagno, I will spend every minute of my time working offers a variety of studio, one-, Damon Riccio [email protected] Guadagno administration — and eight is enough.” to make the economy fairer for New Jersey.” two- and three-bedroom units Frank Scancarella [email protected] In response, Rendo made reference to cop-killer Guadagno has cultivated strong relationships ranging from 700 to 1,750 square Joanne White [email protected] Joanne Chesimard. with the various chambers of commerce and the feet. The property is 99 percent Barry Young [email protected] “It is inexcusable for Phil Murphy to choose a business community in eight years. occupied.” MARKETING MANAGER candidate for lieutenant governor who went on an “I am thrilled to have Carlos on the team,” Financial terms were not Ali Brush [email protected] unauthorized trip to Cuba to meet with the same Guadagno said. “His story embodies the American disclosed. — Mario Marroquin repressive regime that is harboring the fugitive mur- Dream and is a testament to all that is possible in EDITORIAL derer of a New Jersey State Trooper. Phil Murphy may New Jersey. As mayor of Woodcliff Lake, Carlos has EDITOR Haz International have someone’s back, but it isn’t the people of New built a reputation as a strong, bipartisan leader and Tom Bergeron [email protected] Jersey,” Rendo said. advocate for lower taxes, open space and transpar- inks lease in Edison MANAGING EDITOR Politics aside, the moves signal a historic ent government. As lieutenant governor, he will put Commercial real estate firm Eric Strauss [email protected] moment. that experience to work for New Jersey families to Bussel Realty Corp. recently DEPUTY MANAGING EDITOR Oliver would be the first African-American and help me lower property taxes and audit all aspects of announced it has negotiated Anjalee Khemlani [email protected] Rendo the first Hispanic-American in the state’s Trenton.” — Anjalee Khemlani a 10,608-square-foot lease on Health Care behalf of Haz International at 60 WEB EDITOR/SOCIAL MEDIA COORDINATOR Campus Drive, Edison. Emily Bader [email protected] Manny Judah, vice president STAFF WRITERS Top court sides with hospitals over Horizon disclosure with Bussel, represented the ten- Meg Fry [email protected] Food and Beverage/Women in Business/ he New Jersey Supreme Court ruled in favor systems in a lawsuit, which originally had seven. ant in the transaction. Federal Manufacturing/Retail of four hospitals, in two separate cases, which Four dropped out of the suit, reportedly in ex- Business Centers, the landlord, Brett Johnson [email protected] Tremain in an ongoing court battle against the change for value-based partnership agreements with was represented in-house. Spotlight state’s largest health insurer, as they seek access to de- Horizon, last year. “Haz International will Mario Marroquin [email protected] tails of a report that was used in setting the controver- The OMNIA Alliance includes seven large utilize the facility for its import Real Estate sial OMNIA health plan and alliance in 2015. hospitals and health systems in the state, as well as and export business, and the CHIEF PHOTOGRAPHER “The Supreme Court’s decision (last week) is an the state’s largest physician group, Summit Medi- warehousing and distribution Aaron Houston [email protected] important step in unraveling the secrecy surround- cal Group. of its perfumes and cosmetics RESEARCHER ing the OMNIA plan by forcing Horizon (Blue Cross The second case, which involves Saint Peter’s to customers in the New York Jessica Perry [email protected] Blue Shield of New Jersey) to disclose important in- Healthcare System, has also sought the pertinent metro area,” Judah said. formation regarding its selection process as detailed information of rates and metrics from the McKinsey The property, 60 Cam- EVENTS in the McKinsey report and the agreements Horizon report. pus Drive, is part of the EVENTS DIRECTOR has reached with the large hospital systems,” said The request for access to the report’s details, 104,120-square-foot Campus Wendy Berg [email protected] Michael Furey, an attorney with Day Pitney who is which Horizon has deemed proprietary, was denied Plaza.