ROI-NJ’s Post

Florham Park-based Schenck, Price, Smith & King, LLP named John Ursin as its new managing partner, effective June 17. For more than 30 years, Ursin has utilized his extensive expertise in a wide range of legal specialties to provide valuable and efficient representation as general counsel to closely-held companies, private equity, syndicated real estate entities, family offices, insurance companies, government entities and nonprofit organizations. His clients include real estate developers, health care providers and senior living facilities, manufacturers, material suppliers, sports-related businesses and insurance companies. Read more:

Building on its fan experience initiatives instated throughout 2024, the New York Red Bulls introduced a new premium space coming to Red Bull Arena in 2025. Known as the “Box Seats,” they will give the team’s “members” the opportunity to experience luxury from midfield. Box Seats fans will receive all the benefits afforded to traditional Red Bulls members, which include game presentation elements and enhanced LED lighting during goal celebrations, introductions and exciting moments. They also will receive priority to purchase seats for third-party events at Red Bull Arena, access to unique experiences and the ultimate in amenities for an unforgettable sports & entertainment experience. The Red Bulls said Box Seats fans will be fully immersed in an all-inclusive club with dedicated seating, receive access to valet parking, a private entrance, ultrapremium seats and in-seat service. Read more:

Gutierrez-Scaccetti stepping down as Murphy’s chief of staff (UPDATED) Read more:

BioNJ and Tech Council Ventures are teaming up to accelerate and facilitate life sciences deals. The partnership aims to work together to support and drive innovation in the sector, especially in regard to digital health, biotech, medical devices and therapeutics companies. By combining BioNJ’s deep-rooted network and commitment to patient access with Tech Council Ventures’ investment expertise, the collaboration will create robust opportunities through their strengths and connections for early-stage companies to thrive and expand in New Jersey. “We are thrilled to join forces with Tech Council Ventures,” Debbie Hart, CEO and president of BioNJ said. “This collaboration will enable us to further our mission of building a dynamic life sciences ecosystem in New Jersey, ensuring that innovation flourishes and patients gain access to groundbreaking advancements.” Read more:

The Atlantic County Economic Alliance, the National Aerospace Research and Technology Park NARTP (National ARTP) and BETA TECHNOLOGIES recently hosted an exclusive event, offering a preview into the future of aerospace innovation. This gathering at the Atlantic City International Airport provided an extraordinary platform for attendees to explore the latest advancements and visionary developments shaping the industry. “We are thrilled to see the cutting-edge innovations BETA Technologies is bringing to the aerospace sector. This event has truly highlighted the transformative potential of electric aviation and its capacity to revolutionize the industry. We are proud to host BETA Technologies right here in Atlantic County,” Lauren Moore, president of ACEA, said. The event drew professionals, policymakers and aviation enthusiasts from across New Jersey and the national aerospace community. Attendees were treated to a firsthand look at BETA Technologies’ groundbreaking all-electric ALIA aircraft, marking a significant achievement in sustainable aviation technology. Read more: https://lnkd.in/exKNYfam

Breaking News: Diane Gutierrez-Scaccetti is stepping down from her role as Gov. Phil Murphy’s chief of staff, ending a short but successful time in the role, ROI-NJ has learned. Read more: https://lnkd.in/eJch-iR5

Bergman Real Estate Group on Monday announced that Dominick Pico has joined the Iselin-based firm as senior property manager. In this role, Pico will be responsible for property management and construction supervision for the firm’s northern New Jersey office properties. The announcement was made by Jeffrey Buchman, chief operating officer. “Dominick is a well-respected industry professional with a track record of success in managing properties throughout New Jersey. He will be a significant addition to the Bergman team as we continue to expand our portfolio of assets, and I have no doubt that his industry knowledge will be invaluable,” Buchman said. Read more:

Pepco Holdings, which includes Atlantic City Electric, has named Phil Vavala as its new region president for A.C. Electric and Delmarva Power in Delaware and Maryland, as well as vice president of governmental and external affairs. Vavala, who previously served as the vice president of gas and electric operations for Pepco Holdings, has led innovative and strategic approaches to strengthening the local energy grid and delivering safe and reliable energy service to the customers and communities it serves. Under his leadership, customers have experienced record-breaking reliability for homes and businesses across South Jersey, Delaware, Maryland and Washington, D.C. Vavala joined Pepco Holdings 33 years ago as an intern in Delmarva Power’s System Planning Department and went on to hold positions throughout operations, including senior supervising engineer, manager of control room operations for Atlantic City Electric and Delmarva Power, director of regional electric operations for Delmarva Power and director of transmission & substation engineering for Pepco Holdings. In his most recent role as vice president of electric and gas operations, Vavala led the organization responsible for day-to-day operations of the electric and gas distribution system. Read more:

Bussel Realty Corp. on Monday said it subleased 80,000 square feet at 1 Truman Drive in Edison, a 369,313-square-foot industrial building, on behalf of Packaging Distribution Resources. David Paster, vice president, and David Blitt, senior vice president, of BRC, represented Packaging Distribution Resources in the transaction. The sublandlord, RXO Inc., was represented by R.E. Perry. Read more:

Affinity Federal Credit Union recently hosted its annual President’s Invitational Golf Outing, raising over $200,000 for the Affinity Foundation. The event, held June 10, had 116 golfers joined by additional guests and 57 sponsors. The foundation made mention in a release how grateful it was to all its sponsors and recognized the top ones of the event, including: Allied Solutions, Fiserv, Vericast, Visa Inc., New York Red Bulls and Greenwood Products. The support from sponsors is integral to the foundation’s ability to provide Affinity members and communities with solutions to improve financial wellbeing, enable self-sufficiency and end the cycle of poverty. Read more: