New Jersey's liquor license statute is decades old and because of a cap, many say it prevents the majority of restaurants from getting them. However, Gov. Phil Murphy is proposing changes. csloantv reports.
-- New Jersey's liquor license statute is decades old and because of a cap, many say it prevents the majority of restaurants from getting them.Jerry Rotunno is the co-owner of Committed Pig in Morristown. He doesn't have a license to serve alcohol, but spent nearly $1 million right before the pandemic to buy one for his other restaurant in Manasquan. He says the governor's proposal threatens his livelihood.
"We fully acknowledge that there are families and businesses that have invested an enormous amount in these licenses and, therefore, our program will include a targeted program to help ease that transition," Murphy said. "You know, having the benefit of selling liquor and having a second avenue to generate revenue definitely changes things," said Nestor Bedoya, co-owner and chef of Fredy's Table 6.
"You're looking at a $1.1 million to buy a license right now in the town of Morristown," Bedoya said."The other factor would be availability. There is none."
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