News: Brokerage

Glazer family releases public statement

The Glazer Family has released the following public statement regarding the recovery of their parents' plane, which was located in Jamaica. "On September 5, 2014, the aircraft carrying our parents crashed in the ocean north of Jamaica. Since that day, we have been resolute in our goal of bringing our mother and father home to Rochester. Due to the circumstances surrounding the crash, (including a water depth in excess of 3,000 meters), this goal proved extremely challenging. After the tireless efforts of many, we were able to commence a search earlier this month. We employed the services of the Eclipse Group, Inc. out of Maryland to plan and conduct a search for our parents and any remains of their plane. That search was a success, and so it is with great relief that we will be bringing our parents home. We also recovered significant portions of the aircraft itself and we are hopeful that, in time, this will provide us with answers as to exactly what happened that day. We are grateful for the expertise available to us, as well as the care brought to this situation by all parties. Our family would like express our heartfelt gratitude to Steve Saint Amour and his team at the Eclipse Group for making this possible. Without their expertise and tireless efforts, we would not have been able to bring our parents home. We also want to send a special thanks to the Government of Jamaica, particularly the Maritime Authority of Jamaica and the Civil Aviation Authority of Jamaica, for going above and beyond the call of duty in order to help our mission succeed. Knowing we did all that could be done to bring our parents home provides us with the possibility for closure and eventual healing. We appreciate all of the support we have received from the Rochester Community throughout this time."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.