News: Brokerage

Singer, Okamoto and Zhang donate 7,000 masks and PPE to Westchester Police Departments

White Plains, NY Thanks to the efforts of three Westchester businessmen, over 7,000 masks and other personal protective equipment (PPE) are on their way to Police Departments across Westchester. When the three men first met in 2018, they had no idea that their new business relationship would end up saving lives.

It began when attorney Alan Singer introduced Statewide Abstract director of regional sales Mark Okamoto to Richard Zhang, founder of Richbridge Capital LLC and the manager of Empire Suites and Empire Apartments in New Rochelle, to assist with closing on area real estate deals. 

A native of Japan, Okamoto is fluent in Japanese as well as English and Korean. He often assists local police departments around Westchester as an interpreter, offering to help crime victims who do not speak English. Through his work as an interpreter he is a valuable resource for many of the police departments he assists.

Richard Zhang, originally from China, returned to Shanghai with his family in mid-March. During their two-week mandatory self-quarantine at home, the Zhangs started procuring personal protective equipment for donation from trusted sources. In the first week, they were able to ship more than 100 packages that included 15,000 PPE items to large and small community hospitals in Washington, California and New York. Starting the second week, the Zhang family reached out to senior communities, first responders and friends and alums who might help distribute or know of those in need. So far, more than 30,000 pieces of PPE have been donated and sent to the U.S.   

“I wanted to do more,” Zhang says. “I contacted Mark, knowing that he had connections with several police departments. I know that many first responders often have limited access to personal protective equipment, and I wanted to help them out.” 

Since that original contact on March 27, more than 7,000 masks and gloves have been sent or are en-route to the Westchester County Chiefs of Police Association to be distributed to police departments around the county. 

“We are so grateful that Mark’s relationship with Richard has resulted in this support for our local law enforcement agencies. As a member of the Westchester community for over 40 years, we are proud to help during this crisis in any way we can,” said Kenneth Meccia, president of Statewide Abstract.

“We are all in this together, and by helping each other, we all benefit,” Zhang said.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent