The Business Journals - Week of December 21

Page 1

TR US TE D J O U R NALI S M AT YO U R FI N G E RTI P S

DECEMBER 21, 2020 VOL. 56, No. 51

westfaironline.com

David Singer (right) and Dan Singer (left), co-presidents of the energy company.

ROBISON AT 100 Historic endeavor

ENERGY COMPANY EVOLVES TO STAY VIABLE BY PETER KATZ pkatz@westfairinc.com

T

he U.S. government has some rather sobering figures on survival rates of new businesses. Of the 569,419 businesses that opened during the 12-month period that ended in March 1994, only 89,876 of them were still around in March of this year, according to the Bureau of Labor

Statistics. A business has to evolve to survive, according to David Singer, who is co-president of Robison energy company in Port Chester with his brother Dan. “You need to change. That’s the secret to staying in business as long as we have,” Singer said of the energy provider that is marking its 100th anniversary. “The heart of Robison

Real estate collective looks to create buzz in SoNo

for 100 years has been providing energy. The roots of our company started in coal when coal was the way people heated homes. I was in a customer’s house recently in White Plains and they showed me the coal chute where the deliveries came through.” David Singer explained that just as oil edged out coal, today’s energy mix is changing to natural gas » ROBISON

6

BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com

L

ocal real estate collective AGW SoNo Partners is hoping to make a large section of the Washington Street Historical District the gift that keeps on giving. AGW, which acquired a 27-property portfolio from F.D. Rich Co. last December for about $11 million, recently created a market-

WE HAVE THE TOOLS TO OPTIMIZE YOUR BUSINESS Dedicated Mobile App • Remote Deposit Capture • Automated Clearing House (ACH) • Wire Transfer Online Banking with Bill Pay • Merchant Credit Card Processing • Positive Pay • Escrow Account Management Call Dominick Petramale, SVP, RBO & Director of Cash Management Services

Serving the Lower Hudson Valley Since 1871 914-248-7272 PCSB.com

ing arm, OnWashington, for the district. That initiative includes a website, social media platforms and an agenda that the company’s principal said is designed to build it into one of Norwalk’s major neighborhoods. “Obviously we want to fill vacant spaces,” Adam Greenbaum told the Business Journal. “But we’re going about it differently. The portfolio consists of contiguous ground-floor retail on both sides of the street, so we’re looking to harmonize businesses so that they complement each other. When we start talking with prospective tenants, we take into account how important the small businesses that are already there are,

and whether they would be competing with each other.” The plan was always to “build a community by bringing a brand-new perspective and a newfound energy,” Greenbaum said. “We have an open dialog with all of our tenants, who understand their businesses and what it takes for them to be successful. “Everything else falls into place if you do that,” he said. “Real estate is only as strong as the tenants who rent it.” B u i ld i n g an “OnWashington” brand that addressed retailers’ and restaurants’ pain points was essential, Greenbaum said. “We saw ‘Entertain OnWashington’ and » HISTORIC ENDEAVOR

6


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
The Business Journals - Week of December 21 by Westfair Business Journal - Issuu