Testosterone is a crucial hormone for men and plays an important role throughout the male lifespan. Most of a male's testosterone is produced through the testicles. Also called the male sex hormone, testosterone starts playing its part during puberty.
When a male goes through puberty, testosterone helps males develop:
As boys turn to men and men grow older, testosterone levels deplete naturally. Sometimes, events like injuries and chronic health conditions like diabetes can lower testosterone levels. Unfortunately, when a man loses too much T, it results in hypogonadism. When this happens, the testosterone must be replaced, or the male will suffer from symptoms like muscle loss, low libido, and even depression.
TRT is exactly what it sounds like: a treatment option for men that replaces testosterone so that your body regulates hormones properly and restores balance to your life. Also called androgen replacement therapy, TRT alleviates the symptoms that men experience with low T.
Originally lab-synthesized in 1935, testosterone has grown in popularity since it was produced. Today, TRT and other testosterone treatments are among the most popular prescriptions in the U.S.
Without getting too deep into the science, TRT works by giving your body the essential testosterone it needs to function correctly. As the primary androgen for both males and females, testosterone impacts many of the body's natural processes â especially those needed for overall health. For example, men with low T are more prone to serious problems like cardiovascular disease and even type-2 diabetes.
When your body quits making enough testosterone, it causes your health to suffer until a solution is presented. That's where TRT and anti-aging medicine for men can help. TRT helps balance your hormones and replenish your depleted testosterone. With time, your body will begin to heal, and many symptoms like low libido and irritability begin to diminish.
For men, aging is the biggest contributor to lower testosterone levels, though there are other causes like obesity, drug abuse, testicular injuries, and certain prescribed medications. Sometimes, long-term health conditions like AIDS, cirrhosis of the liver, and kidney disease can lower testosterone levels.
When a man's testosterone levels drop significantly, it alters his body's ratio of estrogen and testosterone. Lower testosterone levels cause more abdominal fat, which in turn results in increased aromatase, which converts even more testosterone into estrogen.
If you're concerned that you might have low T, you're not alone. Millions of men in the U.S. feel the same way. The best way to find out if your testosterone is low is to get your levels tested.
For sustainable testosterone replacement therapy benefits, you must consult with hormone doctors and experts like those you can find at Global Life Rejuvenation. That way, you can find the root cause of your hormone problems, and our team can craft a personalized HRT plan tailored to your needs.
One of the most common reasons that men choose TRT is because they have lost that "spark" with their partner. It's not easy for a man to hear that they're not performing like they used to. Intimacy is a powerful part of any relationship. When a once-healthy sex life dwindles, it can cause serious relationship issues.
The good news is that low libido doesn't have to be a permanent problem. TRT and anti-aging medicines help revert hormone levels back into their normal range. When this happens, many men have a more enjoyable life full of intimacy and sex drive.
Weak erections â it's an uncomfortable subject for many men in the U.S. to talk about. It's even worse to experience first-hand. You're in the midst of an intimate moment, and you can't do your part. Despite being perfectly normal, many men put blame and shame upon themselves when they can't achieve an erection. And while the inability to perform sexually can be caused by poor diet, obesity, and chronic health conditions, low testosterone is often a contributing factor.
Fortunately, weak erections are a treatable condition. The best way to regain your confidence and ability in bed is to speak with your doctor. Once any underlying conditions are discovered, options like TRT may be the best course of treatment.
Do you find it harder and harder to work out and lift weights in the gym? Are you having problems lifting heavy items that you once had no problem lifting?
Recent studies show that when men are inactive, they lose .5% of muscle strength every year, from ages 25 to 60. After 60, muscle loss doubles every decade. While some muscle loss is common as men age, a significant portion can be tied to low testosterone levels. When a man's T levels drop, so does his muscle mass.
Testosterone is a much-needed component used in gaining and retaining muscle mass. That's why many doctors prescribe TRT Woodcliff Lake, NJ, for men having problems with strength. One recent study found that men who increased their testosterone levels using TRT gained as much as 2.5 pounds of muscle mass.
Whether your gym performance is lacking, or you can't lift heavy items like you used to, don't blame it all on age. You could be suffering from hypogonadism.
If you're like millions of other men in their late 20s and 30s, dealing with hair loss is a reality you don't want to face. Closely related to testosterone decline and hormone imbalances, hair loss is distressing for many men. This common symptom is often related to a derivative of testosterone called DHT. Excess amounts of DHT cause hair follicles to halt their production, causing follicles to die.
Because hair located at the front and crown is more sensitive to DHT, it grows slower than other follicles and eventually stops growing permanently. Thankfully, TRT and anti-aging treatments for men in Woodcliff Lake, NJ, is now available to address hair loss for good.
While it's true that you can't change your genes, you can change the effects of low testosterone on your body. Whether you're suffering from thinning hair or hair loss across your entire head, TRT and other hormone therapies can stop hair loss and even reverse the process.
Also called "man boobs," gynecomastia is essentially the enlargement of male breast tissue. This increase in fatty tissue is often caused by hormonal imbalances and an increase in estrogen. For men, estrogen levels are elevated during andropause. Also called male menopause, andropause usually happens because of a lack of testosterone.
If you're a man between the ages of 40 and 55, and you're embarrassed by having large breasts, don't lose hope. TRT is a safe, effective way to eliminate the underlying cause of gynecomastia without invasive surgery. With a custom HRT and fitness program, you can bring your testosterone and estrogen levels back to normal before you know it.
Decreased energy was once considered a normal part of aging. Today, many doctors know better. Advances in technology and our understanding of testosterone show that low T and lack of energy often go hand-in-hand.
If you're struggling to enjoy activities like playing with your kids or hiking in a park due to lack of energy, it could be a sign of low T. Of course, getting tired is perfectly normal for any man. But if you're suffering from continual fatigue, a lack of enjoyment, or a decrease in energy, it might be time to speak with a doctor.
Whether you're having a tough time getting through your day or can't finish activities you used to love, TRT could help.
A study from 2011 showed that men who lose a week's worth of sleep can experience lowered testosterone levels â as much as 15%, according to experts. Additional research into the topic found almost 15% of workers only get five hours of sleep (or less) per night. These findings suggest that sleep loss negatively impacts T levels and wellbeing.
The bottom line is that men who have trouble sleeping often suffer from lower testosterone levels as a result. If you find yourself exhausted at the end of the day but toss and turn all night long, you might have low T.
TRT and anti-aging medicines can restore your T levels back to normal, which can help you sleep better with proper diet and exercise.
You're feeling down about everything, and there's no solid explanation for why you're in such a crummy mood. Your daily life is great and full of success, but you can't help but feel unexcited and unmotivated. If you're experiencing symptoms like these, you may be depressed â and it may stem from low testosterone.
A research study from Munich found that men with depression also commonly had low testosterone levels. This same study also found that depressed men had cortisol levels that were 67% higher than other men. Because higher cortisol levels lead to lower levels of testosterone, the chances of severe depression increase.
Depression is a very real disorder and should always be diagnosed and treated by your doctor. One treatment option gaining in popularity is TRT for depression. Studies show that when TRT is used to restore hormone levels, men enjoy a lighter, more improved mood. That's great news for men who are depressed and have not had success with other treatments like anti-depression medicines, which alter the brain's chemistry.
Ask anyone over the age of 50 how their memory is, and they'll tell you it wasn't what it used to be. Memory loss and lack of concentration occur naturally as we age â these aren't always signs of dementia or Alzheimer's.
However, what many men consider a symptom of age may be caused by low testosterone. A 2006 study found that males with low T levels performed poorly on cognitive skill tests. These results suggest that low testosterone may play a part in reducing cognitive ability. If you're having trouble staying on task or remembering what your schedule is for the day, it might not be due to your age. It might be because your testosterone levels are too low. If you're having trouble concentrating or remembering daily tasks, it could be time to talk to your doctor.
Why? The aforementioned study found that participating men experienced improved cognitive skills when using TRT.
Even though today's society is more inclusive of large people, few adults enjoy gaining weight as they age. Despite their best efforts, many men just can't shed the extra pounds around their midsections, increasing their risk of heart disease and cancer.
Often, male weight gain is caused by hormone imbalances that slow the metabolism and cause weight to pile on. This phase of life is called andropause and happens when there is a lack of testosterone in the body. Couple that with high cortisol levels, and you've got a recipe for flabby guts and double chins.
Fortunately, TRT treatments and physician-led weight loss programs can correct hormone imbalances and lead to healthy weight loss for men.
Sermorelin is a synthetic hormone peptide, like GHRH, which triggers the release of growth hormones. When used under the care of a qualified physician, Sermorelin can help you lose weight, increase your energy levels, and help you feel much younger.
Human growth hormone (HGH) therapy has been used for years to treat hormone deficiencies. Unlike HGH, which directly replaces declining human growth hormone levels, Sermorelin addresses the underlying cause of decreased HGH, stimulating the pituitary gland naturally. This approach keeps the mechanisms of growth hormone production active.
Benefits of Sermorelin include:
Ipamorelin helps to release growth hormones in a person's body by mimicking a peptide called ghrelin. Ghrelin is one of three hormones which work together to regulate the growth hormone levels released by the pituitary gland. Because Ipamorelin stimulates the body to produce growth hormone, your body won't stop its natural growth hormone production, which occurs with synthetic HGH.
Ipamorelin causes growth hormone secretion that resembles natural release patterns rather than being constantly elevated from HGH. Because ipamorelin stimulates the natural production of growth hormone, our patients can use this treatment long-term with fewer health risks.
One of the biggest benefits of Ipamorelin is that it is suitable for both men and women. It provides significant short and long-term benefits in age management therapies, boosting patients' overall health, wellbeing, and outlook on life. When growth hormone is produced by the pituitary gland using Ipamorelin, clients report amazing benefits.
Some of those benefits include:
Whether you are considering our TRT services, HRT for women, or our growth hormone peptide services, we are here to help. The first step to turning back the hand of time starts by contacting Global Life Rejuvenation.
Our friendly, knowledgeable TRT and HRT experts can help answer your questions and walk you through our procedures. From there, we'll figure out which treatments are right for you. Before you know it, you'll be well on your way to looking and feeling better than you have in years!973-587-8638
Party City Holdings Inc. is relocating its global headquarters to a Woodcliff Lake office building beginning in 2022, according to a Thursday announcement from Signature Acquisitions.The largest retailer of party goods in North America signed a full-building lease at 100 Tice Blvd., a 208,911-square-foot Class A office building.Ben Brenner of ...
The largest retailer of party goods in North America signed a full-building lease at 100 Tice Blvd., a 208,911-square-foot Class A office building.
Ben Brenner of Cushman & Wakefield and Harlan Hollander of Savills represented Party City, and Joe Sarno Sr., Jon Meisel and Jeff Babikian of CBRE represented Signature Acquisitions in the transaction.
Originally founded in East Hanover, the company’s headquarters operations were spread across two offices, in Rockaway and Elmsford, New York. In September, the company said it was seeking to consolidate its headquarters operations, and Woodcliff Lake and the surrounding Upper Parkway submarket’s strong underlying fundamentals made it stand out among competing areas in the region.
The Fortune 100 company was the first to win an award under the Emerge program, the new job creation incentive touted by Gov. Phil Murphy and created under the New Jersey Economic Recovery Act of 2020. It will be bringing its headquarters — and 357 new jobs — to Bergen County, in accordance with a seven-year award for just under $10 million ($9,996,000) that was approved by the board of the New Jersey Economic Development Authority.
Conveniently located less than one mile from the Garden State Parkway and five miles from Interstates 87 and 287 in the borough of Woodcliff Lake, the asset is a three-story building that was acquired by Signature Acquisitions in 2019. Party City recognized that the building’s superior connectivity to regional transportation networks, its strong local demographics and its adaptability made it an ideal future headquarters location.
The building’s proximity to the New Jersey-New York border provides the company’s current employees with added convenience and accessibility while expanding its reach to attract additional top talent. Party City will take advantage of the EDA’s Emerge program award to fund major capital improvements at the building that will create a collaborative workplace geared to the needs of the growing company and its employee base.
“Our focus on acquiring best-in-class suburban office spaces and maintaining them to the highest standards has consistently created one-of-a-kind corporate destinations geared towards the needs of companies today,” said Rich Travaglini, senior vice president/director of leasing for Signature Acquisitions. “Party City’s return to New Jersey exemplifies our portfolio’s continued deep appeal to a wide range of companies hoping to tap into all that makes the tri-state area unique.
“We welcome Party City back to Garden State and we look forward to working with them to create a dynamic workplace that will foster the collaboration and creativity necessary for continued growth.”
First company awarded with new tax incentives from State of New Jersey’s Emerge ProgramWOODCLIFF LAKE, N.J., Oct. 20, 2021 (GLOBE NEWSWIRE) -- The Borough of Woodcliff Lake, New Jersey, today announced that Party City Holdings Inc., the global celebrations leader, will move its new U.S. headquarters to the borough in the second half of 2022.Party City Holdings Inc. has been approved for the first award under the Emerge Program, New Jersey’s new job creation incentive program – part of the New Jersey Economic...
WOODCLIFF LAKE, N.J., Oct. 20, 2021 (GLOBE NEWSWIRE) -- The Borough of Woodcliff Lake, New Jersey, today announced that Party City Holdings Inc., the global celebrations leader, will move its new U.S. headquarters to the borough in the second half of 2022.
Party City Holdings Inc. has been approved for the first award under the Emerge Program, New Jersey’s new job creation incentive program – part of the New Jersey Economic Recovery Act of 2020 (ERA). Party City’s award was approved on September 21 by the New Jersey Economic Development Authority (NJEDA) Board.
“Our residents take great pride in building a strong sense of community and Party City is going to be a wonderful addition to our town,” said Mayor Carlos Rendo. “Party City is a company that cares about their employees and the communities they serve, and that’s just the type of corporate neighbor Woodcliff Lake wants to attract. We look forward to a long and mutually beneficial partnership for years to come.”
"We're excited to bring Party City Holdings Inc. to Woodcliff Lake,” said Brad Weston, President & Chief Executive Officer at Party City Holdings Inc. "It’s essential that we provide our team with the right working environment, and that extends beyond the office walls. We anticipate the convenient location, inspiring environment, and our hybrid approach will support a modern way of working and enable us to continue to attract and retain exceptional talent. We look forward to formally celebrating our new home in New Jersey in the future.”
“I am thrilled to welcome Party City and their employees to Bergen County,” said Bergen County Executive James Tedesco. “Party City joins an ever growing and distinguished list of companies that understands the exceptional value Bergen County offers from our quality of life to our highly educated and skilled workforce. My economic development team will continue to work with our municipal and state partners to help Party City fill quality jobs and get the services they need to be successful here. Thank you for choosing to become part of our Bergen County family.”
“Governor Murphy’s vision for a stronger, fairer New Jersey economy is rooted in creating family-sustaining jobs,” said Tim Sullivan, CEO, NJEDA. “The NJEDA is proud to support Party City bringing hundreds of jobs to Woodcliff Lake. This project is a strong example of sustainable, equitable economic growth the Emerge Program will drive throughout New Jersey.”
Party City Holdings Inc. joins BMW North America, PDI, McLaren Engineering, and other leading companies with headquarters in Woodcliff Lake. Party City’s new headquarters are within walking distance to the Woodcliff Lake Hilton, Tice’s Corner, public transportation, and a new Whole Foods set to open in early 2022.
About Woodcliff Lake
With a rich history dating back to 1894, and a current population of just over 6,000, Woodcliff Lake is a quintessential New Jersey suburb with a friendly, close-knit community and quiet, small-town feel. The borough takes pride in being mindful about the environment while providing residents with a great quality of life.
Woodcliff Lake has emerged as an incredible shopping destination too. Less than a minute from the Garden State Parkway is Tice’s Corner, a beautiful shopping experience with leading retailers and eateries including Apple, Athleta, Williams-Sonoma, Pottery Barn, Panera, Bareburger and many more. For Woodcliff Lake’s active and healthful community, The Old Mill Complex features a large swimming area, tennis courts and full-size athletic fields for a variety of sports. Throughout the year, community celebrations are held in a festive atmosphere for families and friends to socialize, exercise and unwind.
Just 30 miles away, New York City is within easy reach for everything from daytime shopping trips to the very best arts, entertainment, dining and nightlife. It’s also an easy drive to the Jersey Shore and its 120 miles of beaches and oceanfront – or the Harriman State Park and over 70 square miles of the great outdoors.
Contact:Matt Berry[email protected]201-370-9133
Party City Holdings Inc. on Wednesday became the first company to win an award under the Emerge Program, the new job creation incentive program touted by Gov. Phil Murphy and created under the New Jersey Economic Recovery Act of 2020.And it’s a good one for the state.Party City Holdings, a Fortune 100 company, will be bringing its headquarters — and 357 new jobs — to Bergen County, in accordance with a seven-year award for just under $10 ...
Party City Holdings Inc. on Wednesday became the first company to win an award under the Emerge Program, the new job creation incentive program touted by Gov. Phil Murphy and created under the New Jersey Economic Recovery Act of 2020.
And it’s a good one for the state.
Party City Holdings, a Fortune 100 company, will be bringing its headquarters — and 357 new jobs — to Bergen County, in accordance with a seven-year award for just under $10 million ($9,996,000) that was approved by the board of the New Jersey Economic Development Authority.
Companies do not receive any Emerge Program tax credits until the project is completed, all project costs are certified by the New Jersey Economic Development Authority and all incented jobs are verified by the NJEDA as being created or maintained. After tax credits are approved, they are certified for use annually and proportionally, based on actual job creation and retention during that year. Businesses that have been approved for tax credits are still subject to reduction, forfeiture and recapture if they fail to follow through on the project as it was approved.
The company, which is the largest retailer of party goods in North America, said it is planning to consolidate its Rockaway, New Jersey, and Elmsford, New York, sites into one national headquarters in Woodcliff Lake.
The project is expected to create 357 new full-time jobs and retain 338 full-time jobs currently at risk of leaving New Jersey. These are high-paying corporate positions with a median salary above the current Bergen County median salary. In addition, the project will invest more than $32 million to lease a 208,911-square-foot office building in Woodcliff Lake.
According to the NJEDA’s calculations, the present value of the net positive economic benefit of this project to the state is $35,734,024. This is a 481% net positive economic benefit coverage ratio of the present value of the award, which is above the required rate of 400% for this project. Party City Holdings also will need to enter into a community benefits agreement with Woodcliff Lake or Bergen County.
The per-job incentives awarded to this project are significantly lower than the average per-job incentive awarded under New Jersey’s previous job creation tax incentive program.
Party City Holdings Inc. is not receiving any incentives for the 338 at-risk jobs.
More information about the Emerge Program is available here. In addition to the Emerge Program, the Economic Recovery Act of 2020 created a suite of programs that includes tax credits to incentivize job creation, new construction and revitalization of brownfields and historic properties; financial resources for small businesses; support for new supermarkets and healthy food retailers in food desert communities; new funding opportunities for early-stage companies in New Jersey; and support for the growing film and digital media industry. More information about these programs is here.
Murphy, who made revamping the economic incentives offerings a major issue in his administration, was thrilled by the announcement.
“When we began working on reforming the state’s tax incentive program four years ago, this was exactly the type of award we envisioned — a project that will bring good, high-paying jobs to New Jersey at a reasonable investment,” he said.
“A big piece of building a stronger and fairer New Jersey is fueling a strong, 21st-century economy that works for everyone. We view this new incentive program as integral to the continued growth of New Jersey’s economy.”
EDA CEO Tim Sullivan said the incentive program now brings equity.
“Gov. Murphy’s vision for a stronger, fairer New Jersey economy is rooted in creating good, family-sustaining jobs,” he said. “The Emerge Program is a critical economic development tool that facilitates equitable job creation and growth.
“The project approved today shows this program’s potential to bring hundreds of good jobs to New Jersey. This is stronger and fairer economic development in action.”
RIDGEWOOD — To improve North Jersey drinking water systems so they can remove elevated levels of cancer-causing "forever chemicals," Rep. Josh Gottheimer said Thursday that he would push for three Bergen County water improvement projects to receive up to $52.8 million in federal grant funds.The projects would receive the federal money through grants from the Bipartisan Infrastructure Bill. They include:The announcement was made at treatment facilities for Ridgewood Water, ...
RIDGEWOOD — To improve North Jersey drinking water systems so they can remove elevated levels of cancer-causing "forever chemicals," Rep. Josh Gottheimer said Thursday that he would push for three Bergen County water improvement projects to receive up to $52.8 million in federal grant funds.
The projects would receive the federal money through grants from the Bipartisan Infrastructure Bill. They include:
The announcement was made at treatment facilities for Ridgewood Water, which received a $2.8 million grant in March to remediate its water system, which serves 62,000 customers in Midland Park, Glen Rock and Wyckoff as well as Ridgewood.
"I’ve submitted these three new Community Directed Project requests to receive federal investment to improve their water treatment systems," Gottheimer said. "I’m hopeful that, just like we did for Ridgewood Water over this past year, we’ll be able to claw back federal dollars from Washington to ensure clean water for our families."
Three of the Park Ridge water system's 18 to 20 wells have been shut down because of elevated amounts of PFAS, called a "forever chemical" because it breaks down so slowly in the environment. The utility needs to make infrastructure improvements to comply with the state Department of Environmental Protection's more stringent standards for PFAS.
Park Ridge Mayor Keith Misciagna said the borough "took immediate action" to shut down three of its 20 wells when elevated contamination levels were found.
"We've already invested over $2 million locally," Misciagna said. "Communities just don't have the resources to do what needs to be done to make our drinking water clean."
A project for Fair Lawn would bring water from all wells and send it to a centralized water treatment plant — removing up to 95% of PFAS and producing potable water, Gottheimer said.
"We have had to shut down three of our wells because of this," Fair Lawn Councilwoman Gail Roltenstrich said of the borough's 16 production wells. "This means half our water now comes from outside the borough. This is not a sustainable solution."
Mahwah is also in need of a new filtration system because one of its seven wells is out of compliance with the state PFAS requirement.
Mahwah Mayor James Wysocki estimated that residents would be spared "hundreds of thousands of dollars" if federal grant money is forthcoming.
"That's a huge relief to our residents," Wysocki said.
At least 34 municipalities throughout New Jersey, whose systems serve water needs of a combined 500,000 customers, were stunned in January when they learned their water systems exceeded new stricter groundwater purity standards set by the DEP in 2021.
Those chemicals included perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS), part of a larger class of chemicals called per- and polyfluoroalkyl substances (PFAS).
PFOA, also called C8, has been used to make stain-resistant carpets, waterproof clothing, nonstick cooking pans and other products that make life less messy. PFOS has been used in a variety of applications, including firefighting foams.
PFOA has spread so far through the environment that it can be found everywhere from the fish in the Delaware River to polar bears in the Arctic — and drinking water in New Jersey.
In most cases, the DEP has given municipalities that exceed the 12-month average readings only a year to remediate their systems, putting pressure on them to come up with major financing on short notice.
The contaminant is found much more frequently in drinking water in New Jersey than in many other states. As more scientific studies provide increasing detail about the chemical's impact on human health, experts say even tiny traces in the water supply can pose a danger.
PFOA is linked to kidney and testicular cancer, as well as high cholesterol, ulcerative colitis, thyroid disease, pregnancy-induced hypertension and other illnesses in a still-growing body of research.
PFOA, PFOS and other PFAS may affect the liver and the immune system, decrease immunity response to vaccines, and cause delays in the development of fetuses and infants. Exposure can increase the risk of cancer.
Marsha Stoltz is a local reporter for NorthJersey.com. For unlimited access to the most important news from your local community, please subscribe or activate your digital account today.
WOODCLIFF LAKE—The Borough on Oct. 20 announced that Party City Holdings Inc., “the global celebrations leader,” will move its new U.S. headquarters here, to the empty ESAI building, 100 Tice Boulevard, in the second half of 2022.Party City Holdings Inc. has been approved for the first award under the Emerge Program, New Jersey’s new job creation incentive program, part of the New Jersey Economic Recovery Act of 2020 (ERA).The award was approved on Sept. 21 by the New Jersey Economic Development Authorit...
WOODCLIFF LAKE—The Borough on Oct. 20 announced that Party City Holdings Inc., “the global celebrations leader,” will move its new U.S. headquarters here, to the empty ESAI building, 100 Tice Boulevard, in the second half of 2022.
Party City Holdings Inc. has been approved for the first award under the Emerge Program, New Jersey’s new job creation incentive program, part of the New Jersey Economic Recovery Act of 2020 (ERA).
The award was approved on Sept. 21 by the New Jersey Economic Development Authority (NJEDA) Board. The company also was considering White Plains, N.Y.
“Our residents take great pride in building a strong sense of community and Party City is going to be a wonderful addition to our town,” said Mayor Carlos Rendo in a press statement. “Party City is a company that cares about their employees and the communities they serve, and that’s just the type of corporate neighbor Woodcliff Lake wants to attract. We look forward to a long and mutually beneficial partnership for years to come.”
Brad Weston, president and CEO at Party City Holdings Inc. said, “We’re excited to bring Party City Holdings Inc. to Woodcliff Lake. It’s essential that we provide our team with the right working environment, and that extends beyond the office walls. We anticipate the convenient location, inspiring environment, and our hybrid approach will support a modern way of working and enable us to continue to attract and retain exceptional talent.”
He added, “We look forward to formally celebrating our new home in New Jersey in the future.”
And Bergen County Executive James Tedesco III said he is thrilled to welcome Party City and its employees to Bergen County.
“Party City joins an ever growing and distinguished list of companies that understands the exceptional value Bergen County offers from our quality of life to our highly educated and skilled workforce. My economic development team will continue to work with our municipal and state partners to help Party City fill quality jobs and get the services they need to be successful here. Thank you for choosing to become part of our Bergen County family,” he said.
According to NJEDA CEO Tim Sullivan, “Gov. Murphy’s vision for a stronger, fairer New Jersey economy is rooted in creating family-sustaining jobs. The NJEDA is proud to support Party City bringing hundreds of jobs to Woodcliff Lake. This project is a strong example of sustainable, equitable economic growth the Emerge Program will drive throughout New Jersey.”
The release said Party City Holdings Inc. joins BMW North America, PDI, McLaren Engineering, and other leading companies with headquarters in Woodcliff Lake. Party City’s new headquarters are within walking distance to the Woodcliff Lake Hilton, Tice’s Corner, public transportation, and a new Whole Foods set to open in early 2022.
We reported on Aug. 28 that Party City was considering Woodcliff Lake for its new U.S. headquarters.
According to Rendo at the Aug. 16 meeting of the governing body, and the next day on Facebook, “This is an opportunity to create approximately 300 to 400 jobs with an average salary in the mid-$90,000 range.”
Rendo said the company’s planned capital investment is $25 million to $30 million and that the total job count here “will be upwards of 700.”
The Borough Council passed a resolution in support.
Party City Holdings Inc. is a publicly traded retail chain of party stores founded in 1986 by Steve Mandell in East Hanover. Based in Elmsford, N.Y., the company is the largest retailer of party goods in the United States, Canada, and Mexico, operating more than 900 company-owned and franchise outlets under the Party City, Halloween City, Toy City, and Factory Card & Party Outlet brands.
Rendo said that of the anticipated jobs approximately 150 will be new, created over a three-year period. The others would be consolidated from from New York City and the Garden State.
According to Rendo, Party City applied with the State Department of Economic Development under the Emerge New Jersey tax incentive program. “Under this program, the company will receive significant state tax benefits.”
He said “The positive for Woodcliff Lake is that the company must make capital contributions to the borough over time.”
He said that as required by Emerge New Jersey he named a committee to coordinate and manage the capital investment.
“Keep in mind that New Jersey is competing with White Plains, N.Y. for the relocation of the company. The location decision will come down to which state provides the best incentives package to the company,” Rendo said.
Rendo said of the council’s resolution of support, “This will be a home run for the borough.”
The Emerge Program, created under the Economic Recovery Act (ERA) of 2020, “encourages economic development in Governor Murphy’s priority sectors and in targeted communities across the New Jersey. The program provides per-job tax credits to projects that invest private capital into the state and create new good-paying jobs (or retain a large number of good-paying jobs).”
Montvale Mayor Michael Ghassali, who has been working to attract international businesses to his borough, posted, “Mayor, this will be a win-win for the region and for jobs creation. It’s also good for Montvale because it will stimulate our small businesses. We will also pass a resolution in support of their move to WCL.”
Indeed, on Sept. 14, Montvale’s council passed that resolution.
There are two Party City outlets in Paramus and one in Nanuet, N.Y. On its corporate website, it says, “With hundreds of stores filled with thousands of products across the United States, you’re sure to find the perfect costume, party theme, or inspiration for your next party.”