■ Cover Story
Richard W . Abramson is a past recipient of CIANJ ’ s prestigious Outstanding Volunteer Award , which he received from then-Chairperson and current Board Member Tracy Straka , executive vice president at Creamer Environmental , Inc .
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Some businesses , like his law firm , which had invested heavily in technology and made it easy to work from home , adapted to the pandemic ’ s constraints without a loss of productivity . Others were not as lucky . For instance , in the real estate market , Abramson said there is a “ big pause in development .” Many commercial projects are on hold because of questions over permits , costs and even the likelihood of tenants , he said .
Uncertainty is causing businesses to tighten their belts and Abramson expects there will be less discretionary spending . It could mean a loss of membership dues and sponsorship dollars to CIANJ and other business groups . To counteract the possibility , the chairman said CIANJ must expand its footprint beyond its concentration in Northern New Jersey . Abramson also believes it is imperative to recruit younger members . “ The challenge is to get young professionals who share the passion that we have for free enterprise ,” Abramson said .
CIANJ ’ s affiliate , the Foundation for Free Enterprise , goes into the classroom to teach the importance of capitalism . Abramson said CIANJ should examine strengthening its ties to the foundation . The incoming chairman , Bill Hanson , the president of NAI James E . Hanson , is a former chairman of the foundation . Abramson said no one is better suited than Hanson to take on the task .
Congratulations to Rich Abramson , Chairman of the CIANJ , on a successful tenure
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