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Our CEO and Board Member of the Education Foundation of Palm Beach County, Jordan Paul, along with MHC REAL Leaders, spent the morning of Friday, July 27th volunteering at the Education Foundation’s Red Apple Supplies Store. Volunteers helped organize the warehouse and prepare school supplies for local teachers for the upcoming 2018-2019 school year.
We often hear stories of teachers coming out of pocket to purchase essential school supplies. To address this issue, the Education Foundation launched Red Apple Supplies in 2016. Red Apple Supplies is a store which arms teachers of Title I Palm Beach County Schools with free resources for their students and classrooms. They now support 32 schools where 95-100% of the students come from low-income families who find it difficult to afford essential school supplies. Since it’s inception, Red Apple Supplies has given away over $460,750 in free supplies.
West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., Palm Beach County’s leading commercial real estate services firm, represented Avid Asset Properties Hollywood, LLC, an entity controlled by noted New York investor Steven Samuels, in the purchase of Hollywood Commerce Center. The 60,000-square foot flex property sits on 2.5 acres and is located at 3301 N 29th Avenue, 3300 N 28th Terrace and 2850 Green Street, Hollywood, FL 33020. NAI/Merin Hunter Codman Principal, Spencer Grossman and Senior Associate, Jeff Cebula represented the purchaser. The Seller, OTW II, LLC was represented by Ted Konigsberg, SIOR of Infinity Commercial Real Estate.
Mr. Samuels, Principal of Avid Asset Management in New York and Zoning Commissioner of the Village of Atlantic Beach, New York, has redeveloped hundreds of thousands of square feet of commercial properties in the Brooklyn, Holbrook, Lake Success and Long Beach, New York city markets.
New York real estate investor Steve Samuels acquired an industrial/office building along Interstate 95 in Hollywood and will make a significant investment in renovations.
The property was previously envisioned as a trampoline park called Off the Wall, but the seller recognized the opportunity to make a considerable profit by selling the property, said Ted Konigsberg of Infinity Commercial Real Estate, which represented seller OTW II LLC. The company is led by Samuel Eyal Yecutieli and Ervin Andrei Mendel.
The 55,221-square-foot building, at 2850 Greene St., was acquired by Avid Asset Properties Hollywood, managed by Samuels, for $7.35 million. It last traded for $5 million in 2016.