Mayor Hern, Councilman Robinson say there's substantial interest in first New Providence license. However, due to $400,000 minimum price tag, Murray Hill Inn will not place a bid.
Interest surrounding the first liquor license in New Providence, which is up for bid right now, continues to spark interest around the borough but not from the Murray Hill Inn & Suites. Kerry Lee, the Inn’s General Manager, penned a letter on Nov. 8 to Borough Clerk Wendi B. Barry, stating that the Inn would not be bidding on a liquor license at the established minimum of $400,000. “The minimum bid price being set by the Borough is significantly higher than what we had anticipated,” Lee stated in the letter, which was included in the Council’s Nov. 26 meeting agenda. “Please realize the our decision has been made with significant difficulty." But Mayor J. Brooke Hern said the borough is still receiving substantial interest in the first …
Interested parties are asked to complete the ABC Retail License Application by Jan. 14, 2013. Once bidders have prequalified, they can submit sealed bid, due Feb. 11, 2013.
Tuesday, November 13, 2012
For the first time in its history, the Borough of New Providence has authorized the sale of one consumption liquor license that permits the sale of alcoholic beverages by the drink or single bottle. The Borough is currently accepting bids for this liquor license. The minimum price for the license has been set at $400,000. In order to bid on the license, interested parties must complete the ABC Retail License Application, as required by the Alcoholic Beverage Commission (ABC). The ABC Retail License Application is due on January 14, 2013. Once bidders have prequalified, they will be able to submit a sealed bid. Bids must be received by February 11, 2013 and the license will be awarded on February 25, 2013 (tentative). Additional …