Building a solid foundation

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					          THIS         WEEK

                                                                                                                                          Relax, it’s just tax season
                                                                                                                                                A look at how accounting has evolved
                                                                                                                                                     in the past 30 years. Page 17
                                                                                                                                                                        Accounting Spotlight
                                                                                                                               $2.00                                    MARCH 1, 2010              
Big changes in real estate


                                                                                                                                                    Christina Mazza
FirstService executive discusses merger
with Colliers, reasons for consolidation.
Page 5

                                                                                                                                                                      as warning
Tapping resources
Businesses are finding more market
                                                                                                                                                                      bells sound
opportunities through wireless apps.                                                                                                                                  N.J. bankers say they’re in good shape
Page 5
                                                                                                                                                                      as report forecasts crisis in real estate
Suite Escape
Find out which                                                                                                                                                                             BY SHANKAR P.
executive listens to                                                                                                                                                  NEW JERSEY’S BANKING community is not overly
Lady Gaga alongside                                                                                                                                                   alarmed by a recent Congressional Oversight Panel
Charles Osgood.                                                                                                                                                       report that analyzed the risks for
Page 5                                                                                                                                                                banks in the coming wave of poten-
                                                                                                                                                                      tial commercial real estate losses.
                                                                                                                                                                      In fact, bankers and borrowers still
Making It
                                                                                                                                                                      are striking deals in a flight to qual-
Sisters see profits rise for
Montclair eatery.                                                                                                                                                     ity, industry executives said.
Page 12                                                                                                                                                                      The state “is better off than
                                                                                                                                                                      other regions in the country, and
                                                                                                                                                                      didn’t realize the same rapid growth    John McWeeney
                                                                                                                                                                      [in commercial real estate loans] as in Florida, Nevada,
                                                                                                                                                                      Arizona and Georgia,” said John McWeeney, co-president
                                                                                                                                                                      of New Jersey Bankers Association, in Cranford, which is
Marketing Tips                                                                                                    Tom Toronto, head of the                            made up of mostly 125 community banks.
Page 13
                                                                                                                  United Way of Bergen County,                               The Congressional panel said in mid-February it is
Opinion                                                                                                           at the Orchard Commons Special                                                ➤➤   See BANKS on page 6
Page 14                                                                                                           Needs Housing construction site
                                                                                                                  in Allendale.
Off the Clock
Page 34

Guest List
                                                                         Expecting a friendly
                                             Building a solid foundation audience in Trenton
Page 35

                                             Rutgers supplies outreach to help nonprofits meet community needs
                                                                                                                                                                      Developers heartened by lawmakers’
Lists                                                    BY BETH FITZGERALD
Accounting Firms           Page 24
Description: The agency embraced these missions after a community needs assessment five years ago; its head, Tom Toronto, has now turned to a Rutgers University outreach program "to determine the level of awareness of our services, find out how our services resonate with the needs of the community and see what else we need to do." Since 2007, the United Way has financed or developed about 100 units of housing, including 10 units under construction in Allendale.
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