News: Front Section

Konover Development Corp. raises $27,500 for Boundless Playgrounds

The Ninth Annual Konover Charity Classic Golf Tournament, held July 21st at Tumble Brook Country Club, raised nearly $30,000 for Boundless Playgrounds. Funds raised include monies from sponsorship fees as well as cash from raffle sales, contests and silent auction prizes. The Konover Charity Classic brings together leaders in the real estate development industry and is supported by many of those with whom Konover does business - retailers, brokers, subcontractors, architects, engineers, attorneys, lenders and other business associates. In his presentation at the tournament, Michael Konover, chairman of Konover Development Corp., said, "Boundless Playgrounds is a very dear cause to us, and we are proud to support them with the funds raised through this event. I am always so impressed by and am grateful for the tremendous dedication of our employees and business partners whose commitment and generosity make the Konover Charity Classic a success each year." Fred Leone, CEO of Boundless Playgrounds said, "Konover Development is to be applauded for their commitment to bettering the lives of children. We are extremely grateful for this donation. All who participated today are to be commended." Nearly 80 companies participated as sponsors in this year's Konover Charity Classic, and 91 golfers were present to enjoy the team scramble tournament. The tournament's Diamond Sponsor, Shipman, Sosensky, Randich & Marks, LLC, received special recognition for their generosity. Over twenty volunteers, consisting of employees from Konover Development and Boundless Playgrounds, were present to help run the event. At the end of the day, prizes were given out to contest, raffle and silent auction winners and to the top four foursomes with the lowest scores. In addition, golfers were treated to a speech from the mother of a Boundless Playgrounds "Young Ambassador" who regularly enjoys the amenities of a Boundless playground. The Konover Charity Classic was founded in 1999, with the goal of raising money for children and their families, to bring a positive difference in the communities where we live and work. Since its inception, the tournament has raised over $500,000. Konover's affiliation with Boundless Playgrounds dates back to 1996 when the company - its employees and family members - volunteered time and materials to help build the first ever playground for children of all abilities, called Jonathan's Dream Playground in West Hartford, Conn. Funds raised through the Konover Charity Classic will go a long way in supporting the mission of Boundless Playgrounds, whose mission is.... "For every child, a place to play: Every child! Every ability! Everywhere!" About Konover Development Corporation Konover Development Corporation specializes in retail real estate development throughout the Northeast. It is one of the region's most active developers, with over 2.5 million square feet of new projects currently in progress for national and regional retail clients. Konover partners with communities to foster understanding and consensus for every new project. This spirit of cooperation has been successful in achieving the right balance of client and community needs for nearly 50 years. Visit the company's web site at www.konover.com. About Boundless Playgrounds Based in Bloomfield, Conn., Boundless Playgrounds is the leading national nonprofit developer of inclusive playgrounds where children, with and without disabilities, gain the important developmental benefits of unstructured play. There are now more than 130 Boundless playgrounds in 24 states and Canada. For more information about Boundless Playgrounds, visit www.boundlessplaygrounds.org.
MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid: